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Sumitomo Metal lifts profit on copper, gold prices

Expects 89% higher profit attributable to owners of parents

Isabeau van Halm
The Cerro Verde copper mine in Peru

The Cerro Verde copper mine in Peru | Credits: Sumitomo Metal Mining

Sumitomo Metals Mining increased its projected profit for FY2025 by 89% due to higher copper and gold prices. The Japanese mining and smelting company revised its operating guidance for the year ending...

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