News Release
FY2023
May 11, 2023
JX Nippon Mining & Metals Corporation
Announcement of Change of the Trade Name in English
JX Nippon Mining & Metals Corporation (President: Hayashi Yoichi; "the Company") announces that it will be changing its trade name in English as indicated below subject to approval at the Ordinary General Meeting of shareholders scheduled for late June 2023.
1. Change of the Trade Name
| Current | New |
| JX Nippon Mining & Metals Corporation | JX Metals Corporation |
Note: The Company's trade name in Japanese, address, phone number, etc. will not change.
2. Scheduled date of the change
Wednesday, June 28, 2023
3. Reasons for the change
In 2019, the Company established the JX Nippon Mining & Metals Group Long-Term Vision 2040, setting out its aim "to foster the development of society's innovation with advanced materials" by moving from a process industry-type to a technology-based firm. Since then, the Company has been actively carrying out various measures toward realization of this vision. These include increasing production capacity for advanced materials such as sputtering targets for semiconductors, treated rolled copper foil, and high-functionality copper alloy strips, developing new businesses through collaboration with outside partners, and undertaking major structural reforms in the mineral resources business and smelting and refining business.
The Company has used "JX Nippon Mining & Metals Corporation" as its trade name in English since the launch of the JX Group in 2010. Considering changes in conditions like those mentioned above, the Company decided to change its English trade name to reflect its recent business operations and the goal of its long-term vision more appropriately. It intends to change the trade names of our Group companies in a similar manner going forward.