TOKYO -- Mitsui Mining & Smelting is expected to book just over 15 billion yen ($133 million) in April-December group pretax profit after posting a pretax loss in that period the year before, as recovering metal prices staved off losses on impairment and inventory valuation.
The Japanese company's earnings are highly susceptible to metal prices and currency exchange rates. It will report results for the nine-month period on Monday.
