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Sumitomo Metal Mining Co Ltd (5713.T)

5713.T on Tokyo Stock Exchange

3,214JPY
6:00am GMT
Change (% chg)

¥-61 (-1.86%)
Prev Close
¥3,275
Open
¥3,236
Day's High
¥3,257
Day's Low
¥3,130
Volume
2,211,500
Avg. Vol
1,694,748
52-wk High
¥5,562
52-wk Low
¥3,077

Latest Key Developments (Source: Significant Developments)

Sumitomo Metal Mining To Spend Over 200 Bln Yen On Indonesian Nickel Smelter -Nikkei
Tuesday, 20 Nov 2018 

Nov 21 (Reuters) - NIKKEI::SUMITOMO METAL MINING WILL SPEND OVER 200 BILLION YEN TO SET UP A NICKEL SMELTER IN INDONESIA - NIKKEI.SUMITOMO METAL MINING IS CONDUCTING FEASIBILITY STUDY FOR FACILITY; TARGETING ANNUAL OUTPUT OF 40,000 TONS - NIKKEI.  Full Article

Sumitomo Metal Mining Exec: Expect Copper Output At Sierra Gorda Mine To Increase To 101,000 Tonnes In Calendar 2018 From 97,000 Tonnes In 2017
Thursday, 10 May 2018 

May 10 (Reuters) - Sumitomo Metal Mining Co Ltd <5713.T>::SUMITOMO METAL MINING SAYS EXPECTS COPPER PRICES TO RISE TO $6,500/T IN FY2018/19, AGAINST $6,444/T A YEAR EARLIER.SUMITOMO METAL MINING SAYS EXPECTS NICKEL PRICES TO RISE TO $6 PER POUND IN FY2018/19 FROM $5.06 A YEAR EARLIER.SUMITOMO METAL MINING EXEC SAYS EXPECTS COPPER OUTPUT AT SIERRA GORDA MINE TO INCREASE TO 101,000 TONNES IN CALENDAR 2018 FROM 97,000 TONNES IN 2017.SUMITOMO METAL MINING EXEC SAYS EXPECTS COBALT PRICES TO RISE TO $35 PER POUND IN FY2018/19 AGAINST $30.64 IN FY17/18.SUMITOMO METAL MINING EXEC SAYS EXPECTS 14 BILLION YEN LOSS FROM SIERRA GORDA MINE IN FY2018/19.SUMITOMO METAL MINING EXEC SAYS HIGHER COBALT PRICES BOOSTED ITS FY2017/18 PROFIT BY Y19 BILLION AND WILL LIKELY INCREASE FY18/19 PROFIT BY Y5 BILLION.  Full Article

Sumitomo Metal Mining announces application of International Financial Reporting Standards
Monday, 26 Mar 2018 

March 26(Reuters) - Sumitomo Metal Mining Co Ltd <5713.T>:Says it plans to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan-Generally Accepted Accounting Principles.  Full Article

Sumitomo Metal Mining unit to sell lead frame units to Jih Lin Technology Co., Ltd
Wednesday, 8 Feb 2017 

Sumitomo Metal Mining Co Ltd <5713.T>:Says the co's wholly owned subsidiary plans to sell three units, which are engaged in manufacturing of lead frames, to Jih Lin Technology Co., Ltd<5285.TW>.  Full Article

Teck sells stake in Chile copper project to Sumitomo for $1.2 billion

LONDON Canadian mining company Teck Resources Ltd said on Tuesday it has agreed to sell a 30 percent stake in its Quebrada Blanca copper mine expansion in northern Chile to Japan's Sumitomo for $1.2 billion.