Accounting Results for the Year Ended March 2022 (FY2021) Teleconference

one of the reasons is that we are seeing trends pointing to slightly increased volume in the second half of the year in overseas mines.

and crystal materials is estimated to have unit cost differential deteriorations, including deteriorations to fixed costs such as labor.

is also included in Others.

Q: Is Quebrada Blanca having any effect this year? Additionally, regarding the Materials business, even without the effect of the metal price differential between timing of receipts and payments , are things actually moving in the direction of a decline in profit due to high costs?

decline in profit. I'd like it if you could tell me what led to this.

included in these, and we estimate that there will be an increase in costs here, as well.

Q: As the second point, capital expenditures for the Cote Gold Project have grown in this year's capital expenditures plan. What's going on with the increase to initial expenses announced recently?

it in our FY2022 capital expenditures plan.

Q: Regarding Figesbal and NAC, the increase to metal prices is said to be included in FY2021, but the price in the FY2022 forecast shows an increase. How should we take this?

you could tell me the reason behind the year-on-year decrease for nickel sulfate in FY2022.

by delays at the start of the year in the restarting of operations from maintenance at THPAL? A: (In the sense that there are insufficient raw materials,) Yes, this is as you say.

I'd like you to allow me to confirm what you're preparing against battery material growth.

have any substantive items at the moment, this is our general policy.

with purchased raw materials for the time being, is this going to have any effect on the schedule later on?

conducted externally be calculated with the sensitivity listed on page 8?

A: The ¥5.1 bn decrease in the nickel price and conditional differential is, as explained with the equity method, based on the thought process that FY2022 is going to see a drop compared to the results of FY2021, which included the effect of improvements such as the year-end rise.

A: It's possible to calculate it as you state.

cost increases to product prices, and whether or not this is something you're working towards.

Sumitomo Metal Mining Co. Ltd. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 05:53:02 UTC.