Sumitomo Metal Mining Says Won't Buy Copper Ore From BHP in 2012-Shanghai Metals Market

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Sumitomo Metal Mining Says Won't Buy Copper Ore From BHP in 2012

Industry News 04:22:01PM Jan 17, 2012 Source:SMM

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.
 

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#1 Refined Cu
May.24
47010.0
210.0
(0.45%)
Standard-Grade Copper
May.24
46990.0
215.0
(0.46%)
High-Grade Copper
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47030.0
210.0
(0.45%)
Guixi copper
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47040.0
210.0
(0.45%)
Low-quality copper
May.24
46920.0
220.0
(0.47%)

Sumitomo Metal Mining Says Won't Buy Copper Ore From BHP in 2012

Industry News 04:22:01PM Jan 17, 2012 Source:SMM

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.