JX Advanced Metals to Cut Copper Output and Boost Recycling
Planned cuts to refined copper production at JX Advanced Metals Corp. will run to the tens of thousands of tons, a spokesperson for the Japanese company said Thursday, declining to give a more precise number.
JX said on Tuesday it's considering reducing output due to tight supplies of concentrate, the feedstock for the refined metal. The company owns 48% of Pan Pacific Copper Co., the biggest producer in Japan with total annual refined copper capacity of 650,000 tons.
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