Pan Pacific Copper To Cut Refined Copper Output

Production To Fall By 1.6 percent

Pan Pacific Copper Co., the Nippon Mining/Mitsui Mining & Smelting joint venture that is Japan’s largest producer of the metal, has announced plans to cut its refined copper output by 1.6 percent in the first half of this fiscal year compared with 2009.

Output will drop to 291,600 metric tons in the six months ending Sept. 30 from 296,300 tons in the year-earlier period, the Tokyo-based company said in a statement today.