1. Nippon Mining Holdings Inc., Japan's biggest copper smelter and an oil refiner, may build a petrochemical plant in the country to produce the raw material used to make polyester for export to China. (China's economy expanded 11.1 percent in the first quarter of this year, spurring demand for plastics and polyester.)
2. It aims to increase investments in petrochemicals to offset slower gains in oil refining profits.
3. It plans to spend about 180 billion yen in the three years through March 2010, expanding chemicals and copper production.
4. It is conducting a feasibility study for a 100 billion yen production facility with an output about 150,000 metric tons of copper for the Caserones copper deposit in northern Chile
5. It will not bid at auctions for Peruvian copper deposits, citing several uncertainties
Revenue comes from growing markets and growing sectors, not from realms of uncertainties.
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