Pan-Pacific Copper of Japan plans to increase copper production by 3.3% in the first half of fiscal year 2021. 22.

Pan Pacific Copper, Japan's largest copper supplier, said on Friday that it plans to produce 303700 tons of refined copper in the first half of fiscal year 22, starting this month, up 3.3% from 293900 tons in the same period last fiscal year. Copper production was 302900 tons in the second half of fiscal year 2020. JX Nissi Metal Co., Ltd. (JX Nippon Mining & Metals) owns 67.8% of Pan Pacific Copper and the remaining 32.2% is owned by Mitsui Mining and smelting company (Mitsui Mining and Smelting Co Ltd). Pan-Pacific Copper outsourced smelting and refining to parent plants. A spokesman for the company said copper production was expected to increase because there was no equipment maintenance work and capacity utilization at (Saganoseki Smelter & Refinery, a refinery owned by JX in southern Japan, was expected to improve. The first half of fiscal year 2021 in Japan lasts from April to September.