Investment in Mine Life Extension Development at the Northparkes Mine in Australia

January 8, 2019
Sumitomo Metal Mining Co., Ltd.
Sumitomo Corporation

Sumitomo Metal Mining("SMM") and Sumitomo Corporation("SC") have reached an agreement with Chinese resource development company China Molybdenum Co., Ltd. (headquarters: Luoyang, Henan Province, People's Republic of China, "CMOC") to develop the area adjacent to the existing orebody (E26L1) of the Northparkes Mine (New South Wales, Australia) that the companies jointly operate in order to extend the life of the mine.

Please check the below PDF file for details.