Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
Mitsui Mining and Smelting Co Ltd, Japan’s biggest zinc smelter, plans to produce 117,800 tonnes of refined zinc in the second half of the 2023/24 financial year, up 9.8% from a year earlier, it said on Monday.
The second half runs from October to March.
Zinc is used mainly as an anti-corrosive coating while making galvanised steel.
Following are details of the company’s output plan, with comparisons against estimated first-half production of the 2023/24 year and actual second-half output of the 2022/23 financial year, which ended on March 31.
| H2 FY23/24 | H1 FY23/24 | H2 FY22/23 | |
| Zinc | 117,800 | 103,700 | 107,300 |
| Lead | 36,200 | 33,800 | 34,900 |
(By Yuka Obayashi; Editing by Muralikumar Anantharaman)
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