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News Release

FY2016

January 19, 2017

JX Nippon Mining & Metals Corporation

Establishment of a Procurement Department

JX Nippon Mining & Metals Corporation (President: Shigeru Oi) has decided to merge with and absorb JX Nippon Procurement Corporation (JXPC), and to establish a new Procurement Department on April 1, 2017 in the Technology Group.

Up to now, the procurement operations of the JX Nippon Mining & Metals Group have been outsourced to JXPC. With establishment of the new Procurement Department, we expect to achieve more efficient procurement of raw materials and equipment, contributing to more stable running of operating sites and reducing the risk of stoppages. Moreover, by enhancing collaboration with the Facilities Engineering Department in the Technology Group, and by actively incorporating the perspective of development-oriented procurement in the technology themes taken up by the Company, we are advancing our effort to achieve technology-based business management.

(For reference) Head Office Technology Group Organization Chart (as of April 1, 2017)

 (For reference) Head Office Technology Group Organization Chart (as of April 1, 2017)