Sumitomo Corp TSE:8053:
SUMITOMO CORP OFFICIAL: CONTINUING TO CONSIDER ALL OPTIONS FOR AMBATOVY NICKEL PROJECT IN MADAGASCAR
SUMITOMO OFFICIAL: RESUMED OPERATIONS AT AMBATOVY IN EARLY MAY, AIMING TO PRODUCE MID-30,000 TONS OF NICKEL IN FY2025
SUMITOMO CFO: U.S. TARIFFS HAVE RAISED OIL DRILLING PIPE PRICES, BENEFITING OUR U.S. PIPE BUSINESS, BUT LOW OIL PRICES HAVE SLOWED DEVELOPMENT ACTIVITIES, OFFSETTING GAINS