Nittetsu Mining Co., Ltd.

2026/08/06 Updated
Market Cap: $1.7B (¥269.9B)
Stock Price: $21.75 (¥3,430)
Exchange Rate: 1 USD = ¥157.73

【Company Name】Delay in Alceros Mine Development Due to Heavy Rain Impact | July 2026

Due to heavy rains in Chile, there are impacts on material transportation and development work at the Alceros mine, and pending investigations on potential delays in start of production and impact on performance are underway. We are coordinating with local authorities to restore operations promptly.

Importance:
Page Updated: July 29, 2026
IR Disclosure Date: July 29, 2026

Key Figures

  • Potential delays in development due to material transportation route closures
  • Damage scope from heavy rain is limited
  • Ongoing investigation into impact on performance

AI要約

Overview of Business Performance

Heavy rains in the Republic of Chile have impacted the transportation of equipment and development work at the Alceros mine, causing closures of transportation routes and damage to water pipeline infrastructure. No human casualties have been reported, but there is a possibility that the start of mining operations may be delayed, and investigations into the impact on performance are ongoing. We are working with local authorities to restore operations as quickly as possible.

Outlook and Response

The start of production may be delayed from the initial estimate of July-September, and the recovery period is under investigation. The scope of the disaster appears limited, and the impact on Atacama Mine and development-stage copper mines is considered limited. Support for disaster-affected areas is also being considered. The specific impact on performance will depend on investigation results, with delays and additional information to be disclosed as appropriate.

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Nittetsu Kō

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