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Sumitomo Metal Mining Says Won't Buy Copper Ore From BHP in 2012
Jan 17, 2012 16:22Source:SMM
Sumitomo Metal Mining Co. (5713) will not purchase concentrate from BHP Billiton Ltd. (BHP) this year under an annual contract after failing to reach an agreement on processing fees.
Jan. 17 (Bloomberg) –Sumitomo Metal Mining Co. (5713), Japan's second-largest copper producer, will not purchase concentrate from BHP Billiton Ltd. (BHP) this year under an annual contract after failing to reach an agreement on processing fees, company spokesman Masashi Takahashi said today by phone. He declined to disclose the tonnage under discussion.
A call to Kelly Quirke, a Melbourne-based spokeswoman for BHP, was not answered.
Sumitomo Metal Mining; won't buy copper ore from BHP
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