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News Release

FY2013

February 19, 2014

JX Nippon Mining & Metals Corporation

Nippon Mining & Metals (Suzhou) Co., Ltd.

Nikko Fuji Precision (Wuxi) Co., Ltd.

Expansion of Plating Operations in China

Meeting Increased Demand for Precision Fabricating Services and Precision Components*

JX Nippon Mining & Metals Corporation (head office: Otemachi 2-chome, Chiyoda-ku, Tokyo; president: Yoshimasa Adachi) is boosting its investment in plating facilities in its Chinese subsidiaries Nippon Mining & Metals (Suzhou) Co., Ltd. and Nikko Fuji Precision (Wuxi) Co., Ltd. to meet rising demand in China for precision fabricating services and precision components.

With China’s growing role as a smartphone production base, along with the increased use of electronic components in automobiles, demand is rising for high-function parts and materials used in these products.

In our Suzhou subsidiary, which combines precision rolling technology and precision fabricating technology to provide products and services unique to our Group, we responded to this situation in November 2013 by adding new silver plating lines, boosting our silver plating capacity six-fold. Then at our Wuxi subsidiary, which specializes in precision plating, we increased gold and tin plating lines in January 2014 and will be adding a new nickel plating line in April.

The Lake Tai area in Jiangsu Province is subject to environmental regulations that are among the strictest in China. Both subsidiaries, however, were able to win approval for the equivalent of nine plating lines that meet these regulations, enabling them to build the readiness for future demand growth.

Through coordination between our two subsidiaries in Suzhou and Wuxi, our Group is working to enhance customer services to meet the demand for precision fabricating services and precision components, which is growing in China especially in IT and vehicle-mounted electronics applications.

*Precision components: Precision rolled products to which precision stamping, plating, or other precision fabricating has been applied.

Reference Data

1. Overview of Nippon Mining & Metals (Suzhou) Co., Ltd.

  • (1) Representative
  • Chairman and General Manager: Kazuaki Aramaki
  • (2) Paid-in capital and equity ownership
  • Capital: USD80 million
    Equity ownership: A wholly owned subsidiary of JX Nippon Mining & Metals Corporation
  • (3) Location
  • Suzhou Industrial Park, Suzhou, Jiangsu Province, PRC
  • (4) Established in 2003
  • (5) Main operations
  • Precision rolling of stainless steel
    Precision stamping and plating
    Slitting of copper alloy products
    Electronic parts assembly

2. Overview of Nikko Fuji Precision (Wuxi) Co., Ltd.

  • (1) Representative
  • Chairman and General Manager: Kazuaki Aramaki
  • (2) Paid-in capital and equity ownership
  • Capital: USD4 million
    Equity ownership: A wholly owned subsidiary of JX Nippon Mining & Metals Corporation
  • (3) Location
  • Wuxi Metal Surface Processing Science & Technology Industrial Park, Luoshe-zhen, Huishan, Wuxi, Jiangsu Province, PRC
  • (4) Established in 2005
  • (5) Main operations
  • Precision plating

Nippon Mining & Metals (Suzhou)

Nippon Mining & Metals (Suzhou)

Nikko Fuji Precision (Wuxi)

Nikko Fuji Precision (Wuxi)

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