Progress in efforts to commence production under the Arqueros Mine Development Project
Nittetsu Mining Co.,Ltd. and its group companies
Arqueros Mine, production plant and public road to the mine
Damage to the public road to the Arqueros Mine caused by torrential rains
The impact on the performance of the Group is currently under review. If the Company determines that the impact will be material, it will disclose the information promptly.
The Company will continue efforts aimed at commencing production within fiscal 2026 (the fiscal year ending March 2027). The specific production start date will be disclosed promptly once the outlook becomes clear.
| Item | Details |
|---|---|
| Event name | Progress in efforts to commence production under the Arqueros Mine Development Project |
| Subject Entity | Nittetsu Mining Co.,Ltd. and its group companies |
| Target Locations / Products | Arqueros Mine, production plant and public road to the mine |
| Cause | Damage to the public road to the Arqueros Mine caused by torrential rains |
| Impact on Earnings Forecast | The impact on the performance of the Group is currently under review. If the Company determines that the impact will be material, it will disclose the information promptly. |
| Outlook | The Company will continue efforts aimed at commencing production within fiscal 2026 (the fiscal year ending March 2027). The specific production start date will be disclosed promptly once the outlook becomes clear. |
| Planned follow-up disclosure | The specific production start date will be disclosed promptly once the outlook becomes clear. |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This is because the Company continues to maintain and repair the road, including its temporary sections, following damage to public roads caused by torrential rains. The production start date is being reviewed based on progress in plant construction, power reception and trial operations, among other factors.