Sumitomo Metal Mining Reports Q4 2024 Production Decline in Nickel with Increase in NAC Nickel-Cobalt Sulphide Output

Published: Feb 25, 2025 09:22

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[Sumitomo Metal Mining Q4 Production Overview]
Japan's Sumitomo Metal Mining released its Q4 2024 (Q3 FY2024) production report. The report showed that the company produced a total of 18,800 mt in metal content of nickel during the quarter, down 15.3% QoQ and 4.36% YoY. Among these, refined nickel accounted for 14,000 mt, nickel sulphate for 4,300 mt in metal content, and ferronickel for 1,100 mt in metal content.

Additionally, Sumitomo's NAC nickel project in the Philippines produced 10,400 mt (Ni contained) of nickel-cobalt sulphide during the quarter, up 23.81% QoQ and down 7.96% YoY.

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