Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project
The South Korean battery maker can acquire a 10% equity interest in the Crawford project for $100.5 million.
Mitsui Mining and Smelting Co, Japan’s biggest zinc smelter, plans to produce 110,800 tonnes of refined zinc in the second half of the 2022/23 financial year, up 0.2% year on year, it said on Monday.
The second half runs from October to March.
Zinc is used mainly as an anti-corrosive coating while making galvanized steel.
Following are details of the company’s output plan, with comparisons against estimated production in the first half of the 2022/23 financial year and actual production in the second half of 2021/22, which ended on March 31.
(Zinc and lead in tonnes):
| H2 FY22/23 | H1 FY22/23 | H2 FY21/22 | |
| Zinc | 110,800 | 112,400 | 110,600 |
| Lead | 35,000 | 35,000 | 34,600 |
(By Yuka Obayashi; Editing by David Goodman)
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