China smelter group agrees to lower Q1 copper charges
The charges tend to fall when ore supply declines and rise when more concentrate is available.
Japanese energy giant Eneos Holdings Inc is considering spinning off subsidiary JX Nippon Mining & Metals, with a possible option of listing its shares, the Nikkei newspaper reported on Wednesday.
Eneos will include the spin-off proposal in its latest mid-term business plan due to be released on Thursday, Nikkei said.
Eneos said in a statement that the Nikkei report is not based on the company’s announcement and while it is “constantly considering various capital policies,” no decisions have been made now.
(By Kantaro Komiya; Editing by David Goodman and Louise Heavens)
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