MITSUI MINING & SMELTING CO., LTD Overview
Company Headquarters: Tokyo, Japan
Founded: 1950
Workforce: ~ 10,000
Company Working: Mitsui Mining & Smelting Co., Ltd (Mitsui Mining & Smelting) is one of the major players in the engineered materials and electronic materials business. It is engaged in the manufacturing and sale of functional engineered materials, electronic materials, and automobile parts and components. The company operates through four major business segments, namely engineered materials, metals, automotive parts & components, and affiliates coordination. The engineered materials segment offers battery materials, engineered powders, automotive catalysts, rare metals, and single crystals. Under this segment, the “other engineered materials division” produces atomized copper powder and silver powder. These metal powders (copper, silver) mainly serve the electronics and machine components applications.
In 2018, the company held assets worth USD 2,395.3 million.
Strategy
Mitsui Mining & Smelting is focusing on lowering the production costs to increase competitiveness in the overseas markets and earnings at the domestic bases. Moreover, it is making efforts to track new clients and expand the customer base with the aim of expanding the sale in the North American and Chinese markets. In the engineered materials segment, the company aims to continue to boost the copper foil business and the catalyst business and increase production capacity as well as start new production lines for ultra-fine copper powder.
