Mitsui Mining & Smelting Co Ltd - Company Profile
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Business Description
Mitsui Mining & Smelting Co Ltd (Mitsui Kinzoku) is a manufacturer and distributor of functional engineered materials and electronic materials. It carries out non-ferrous metal smelting, mineral resource development and precious metal recycling. The company also carries out raw material related businesses; and manufactures and distributes automotive parts and components. The company operates through four reportable business segments: Engineered Materials; Metals; Mobility, and Other Businesses.
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R&D Overview
The company’s R&D activity focuses on the development of new products and the improvement of existing processes. The company carries out R&D through Materials Analysis & Exploration Center, R&D Center, and the Mineral Resources Division in the Metals Sector. In FY2023, it spent JPY12,365 million on R&D, which as a percentage of revenue, stood at1.8% and grew 13.0% YoY. As of March 2023, it had registered 3,352 patents globally and had 1,364 applications in Japan and 1,988 applications in overseas markets in FY2023.
Business Segments
Overview
Includes battery materials, engineered powders, rare metals, copper foil, physical vapor deposition (PVD) materials, ceramics, and single crystals divisions. Battery materials division manufactures hydrogen storage alloys (MH alloys) for nickel hydride batteries used especially in hybrid cars, and lithium manganite and nickel lithium for use in rechargeable batteries. Engineered powders division provides a range of high-performance metal powders including cerium oxide abrasives; tantalum and niobium oxides and carbides; magnetite; and ultra-fine powders. Copper foil division manufactures copper foils for printed circuit boards. PVD materials division manufactures and sells a range of sputtering target materials including indium tin oxide for LCD TVs, smartphones, tablets and other electronic devices. Ceramics Division manufactures refractory bricks used in furnaces and kiln tools and bricks that are used in non-ferrous metal melting furnaces. Offers alumina refractories, silicon refractories, fine ceramics, Metalofilter, and Metaloclean TS. Nihon Kessho Kogaku Company, a wholly-owned subsidiary of Mitsui Kinzoku manufactures single crystal which is used in the semiconductor, security, and health care industries. Major product offerings include calcium fluoride, cadmium tungstate and solid-state X-ray detectors.
Performance
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Overview
Includes metals & recycling, and mineral resources divisions. Metals & recycling division provides zinc, copper, and precious metals. Carries out nonferrous and precious metal recycling operations. Product offerings include zinc, zinc base alloys, lead, tin, bismuth, and antimony trioxide. Mineral resources division conducts mining operations for zinc and copper ores; geothermal power generation; and offers consulting services for surveying and developing minerals, geothermal energy, hot springs, and water resources.
Performance
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Overview
Develops and manufactures high-quality functional automobile components. The company’s door latches include side door latch, back door latch, and hood latch.
Performance
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Overview
Offers engineering services such as engineering services for various industrial plants, rust prevention design, fabrication, and installation, production and sales of robot cable production, and IT systems.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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