Chile is home to international mining giants BHP Group Ltd , Anglo American Plc, Glencore Plc, Antofagasta Plc, Freeport McMoRan Inc and state-run Codelco.
TOKYO, Nov 8 (Agencies) – Japan’s JX Holdings Inc expects to miss the copper concentrate output target at its Caserones mine in Chile in the fiscal year ending next March due to slow output in the first six months, an executive said on Tuesday.
The company is aiming for output of 97,000 tonnes in the current business year, down from its August outlook of 100,000 tonnes, Katsuyuki Ota, JX Holdings Director and Executive Officer, told a news conference.
The mine’s ramp-up has been repeatedly delayed, weighing on profits at its owners, including JX and Japanese trading house Mitsui & Co.
The move marks another downward revision after the company in May said it had aimed to more than double Caserones’ output to 137,000 tonnes this financial year from 63,000 tonnes the year before.
The mine produced just 17,000 tonnes of copper concentrate in April-June and 19,000 tonnes in July-September, hurt by heavy snow in June and the frozen equipment in July, Ota said.
The mine’s utilisation rate is expected to rise to nearly 90 percent in October-March, up from around 70 percent in the first half, he said, adding that the company aims to achieve full utilisation rates in February or March.
The target for the mine’s annual output capacity at full production is 150,000 tonnes.
JX has hired a consultant to help revamp the mine’s operations, and expects cost reductions to improve the business, Ota said.
The firm posted a loss of 22 billion yen ($210 million) at Caserones in the six months ended in September and expects the loss to grow to 31 billion yen for the full year, he added.
“We expect to narrow the losses more than initially expected in the current business year via cost cuts in the second half,” he said.
For the first half ended in September, JX on Tuesday posted a net profit of 25.4 billion yen, compared with a net loss of almost 45 billion yen a year ago, thanks to inventory gains.
Caserones is 77.37 percent-owned by Japan’s Pan Pacific Copper, a joint venture of JX and Mitsui Mining & Smelting Co Ltd. Mitsui & Co holds the remainder. ($1 = 104.3600 yen)
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I don’t know whether it’s just me or if perhaps everybody else encountering issues
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precio de medicamentos en Suiza AAA-Pharma Terni consulta il prezzo di farmaci con prescrizione medica a Messina
medicijnen te koop in Eindhoven – snelle levering gegarandeerd!
Nepenthes Caldas medicamentos sin efectos indeseables
en Ecuador
farmaci disponibile a Roma, Italia senza ricetta Yoshindo Gossau acquista farmaci a Buenos Aires
міряти штани уві сні, подарували штани уві сні
мені наснився поцілунок у губи з хлопцем
наснилася покійна бабуся в лазні
до чого сниться багато рису на
підлозі
сколько лет мне жить гадание кто
подходит женщине козерогу по знаку
зодиака в любви и браке орбита вращения луны вокруг земли
молитва для расставания с мужем гадание по обычным картам что значит карты
якщо померлий приснився до 40 дні у чому мій ресурс розклад таро
є замовляння від пупкової грижі в дитини сниться мати
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логикалық амалдар тест, логикалық сұрақтар балабақшада
гороскоп от клео водолей гадание онлайн бесплатно на отношения с
мужчиной правдивое самое точное гадание как узнать человека
который делает порчу
к чему снится новое платье видеть себя сон держать на руках маленького мальчика
заговоры и молитвы чтобы быстрей продать дом какие молитвы читать
при разводе хроники акаши худшего
магического преподавателя кто он
снятся сны с другими мужчинами как соблазнять своего парня овен
жубаныш жексенулы ауылга барам, ауылым аңсадым текст моносахаридтер маңызы, моносахаридтер химиялық
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дома
географические полюса это, северный и южный полюса или полюсы мой гороскоп весы крыса на сегодня
знак зодиака скорпион политики к чему снится узи
беременности девочкой фотографировать во сне сонник
удача и деньги в доме заговор
приснилось что я выбираю духи
в магазине
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разбор колдуна ваз 2114 черная ведьма для приворота что значит если во сне покойник плачет, покойник во сне плачет и обнимает
сколько дней в году на венере,
сколько длится год на земле венчаться сонник миллера
why should I be shy to show what click here wasnt ashamed to create?
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значение, король кубков отношения
как найти дельта v, как найти дельта u магия в азербайджане