MMG Releases Major Metals Output in First Quarter

Published: Apr 21, 2017 09:56
MMG Limited reported its production report in the first quarter ending March 31.

SHANGHAI, Apr. 21 (SMM) - MMG Limited reported its production report in the first quarter ending March 31. Its copper cathode output was 36,200 tonnes, a fall of 5% year-on-year. Copper concentrate output totaled 111,700 tonnes, up nearly 2.5-fold on a yearly basis.

Zinc concentrate output totaled 19,100 tonnes, down 3% year-on-year. Lead concentrate production increased 6% on a yearly basis to 6,253 tonnes.

Rio Tinto Releases Major Products Output in First Quarter, Lowers Target for 2017

China Copper Cathode Output Peaks in March from December 2015, Aluminum Hit Lowest from July 2016

The company’s copper output totaled 147,880 tonnes in the first quarter of the year as Las Bambas mine’s output hit record high, according to the report. Las Bambas produced 111,300 tonnes of copper concentrate in the first quarter of 2017, up 6% compared to the fourth quarter of 2016.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
3 hours ago
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
Read More
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
[SMM Analysis: Key Anchor in Great Power Rivalry: The U.S. "Project Vault" and the Changing Resource Landscape in Latin America] While the second phase of Chinese company's Mirador copper mine in Ecuador remains mired in a 'completed but awaiting approval' deadlock, 10,000 kilometers away in Washington, the President, alongside the Export-Import Bank of the United States, is announcing a historic supply chain security initiative named 'Project Vault.'
3 hours ago
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
3 hours ago
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
Read More
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
[SMM Analysis: The "Key Anchor Point" in Great Power Rivalry: The US "Treasury Plan" and the Resource Reshuffle in Latin America] As the second phase of the Mirador copper mine project in Ecuador, developed by a Chinese enterprise, remains stuck in a "built but awaiting approval" deadlock, ten thousand kilometers away in Washington, the US Export-Import Bank, together with the President, is announcing a historic supply chain security initiative called the "Treasury Plan." In the pause and the start, a global covert battle over critical minerals such as copper, lithium, cobalt, and gallium is moving from behind the scenes to the forefront.
3 hours ago
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
3 hours ago
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
Read More
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
【SMM News Flash】Hindalco Industries reported a 45% decline in Q3 profit, despite strong aluminum and copper prices, as rising costs and operational disruptions at its US subsidiary Novelis weighed on performance.The metal producer, part of the Aditya Birla Group, posted a consolidated net profit of 20.49 billion rupees for the three months ended December 31, down from 37.35 billion rupees a year earlier.The profit drop was mainly due to an exceptional expense of 26.1 billion rupees related to disruptions at the Oswego plant in New York.
3 hours ago