Quick Guide to
JX NipponMining & Metals

JX NMM in Numbers

Profit Structure

Fiscal 2018
operating profit
68.2bil. yen
Mineral
Resources
17.7bil. yen

Reported as the
copper
resources
development
segment

Metals
12.7bil. yen

Reported as the smelting
and refining segment

Functional Materials
Thin Film Materials
28.1bil. yen

Reported as the electronic
materials segment

Inventory
Valuation
0.1bil. yen
Other
3.5bil. yen
  • Tantalum and niobium
  • Other affiliates
Recycling and
Environmental
Services
6.1bil. yen
  • Notes: 1The Company discloses financial information through its holding company ENEOS Holdings, Inc.
  • Notes: 2ENEOS Holdings, Inc. has applied International Financial Reporting Standards (IFRS) from fiscal 2017.

Each Business in Numbers

Treated Rolled Copper Foil for FPC
Global market share approx. 80%
Functional Materials
Sputtering targets for semiconductors
Global market share approx. 60%
Thin Film Materials
High-purity tantalum powder for
electronic materials
No.1 global market share
Tantalum and niobium
Equity entitled copper mine production
Approx. 200,000 tons
Mineral Resources
Saganoseki Smelter & Refinery annual copper anode production capacity
Approx. 450,000 tons
Metals
Volume of gold recovered from recycling
Approx. 6 tons per year
Recycling and Environmental Services

Global Network

Europe
Operating sites:
6
Employees:
408
Middle
East
Operating sites:
1
Employees:
50
Japan
Operating sites:
33
Employees:
7,206
Rest of Asia
Operating sites:
18
Employees:
1,475
North
America
Operating sites:
3
Employees:
126
South
America
Operating sites:
10
Employees:
1,023

The Businesses of JX NMM

JX NMM conducts global business operations in the area of nonferrous metals, focusing primarily on copper and rare metals. These operations cover the full range from resource development, and smelting and refining, to the development and manufacture of advanced materials essential to societies in which the IoT and AI are progressing. The Group's operations also encompass recycling from end-of-life electronic equipment and devices.

Some of the Places You Will Find Us

Advanced materials and technologies of the JX NMM Group, supporting the future

Click on each image below to learn more about the advanced materials supplied by JX Metals.

The History of JX NMM

Since our founding in 1905, the Group has worked on creating new value, even while responding to various changes in the business environment. We are determined to continue our challenge, contributing to the development of a sustainable economy and society through creation and innovation in the areas of resources and materials.

1905Established

Development into a custom smelter

Resources development business and smelting and refining business were begun by founder Fusanosuke Kuhara at the Hitachi Mine in Ibaraki Prefecture. The Hitachi Mine was a pioneer in development as a full-fledged “custom smelter” that processed not only ores from its own Hitachi Mine, but also ores purchased from other companies. This allowed it to achieve a production capability not restricted by the capacity of its own mine and to provide a stable supply of copper.

Company founder
Fusanosuke Kuhara

1914

Construction of the Hitachi Giant Stack

The rapid growth of the Hitachi Mine's business led to a severe smoke pollution problem in the surrounding area. To deal with the pollution, the Company built what was then the world's tallest stack at 155.7 meters. It began operation in March of the following year.

The Giant Stack just before completion

1916

Start of operation at the Saganoseki Smelter & Refinery

In order to further expand the mining, smelting and refining segments fundamental to the Company's diversified business, the Saganoseki Smelter & Refinery was built in Oita Prefecture as one of the largest such plants in Japan. It remains even to this day an important center of the JX Nippon Mining & Metals Group, as a leadingedge smelter boasting the world's top levels of technology and production capacity.

Saganoseki Smelter & Refinery
at the time it was built

1964

Kurami Works launched

With the startup of the Kurami Works (Kanagawa Prefecture), the Company made a strong entry into the metal fabrication business. Introducing the latest rolling mills, it produced phosphor bronze and other rolled copper products. By answering the needs of complex markets for flexible manufacturing of diverse products in small lots and production-to-order, while meeting demands for advanced product technology, the Company established a solid position in the metal fabrication field.

Newly completed Kurami Works

1978

New recycling furnace built

A new recycling furnace making use of smelting techniques was built at the Hitachi Smelter & Refinery, marking the start of the recycling and environmental services business. The Company pursued recovery of valuable metals from plating sludge and other industrial waste as a business.

A recycling furnace

1985

Isohara Works launched

The Company got into the electronic materials business in time for the rise of the electronics industry in the 1980s, making sputtering targets for semiconductors and transparent conductive films for liquid crystal displays, as well as materials for compound semiconductors. By establishing the Isohara Works (Ibaraki Prefecture) as a new main manufacturing center,
the Company expanded into development and manufacturing of copper foil and various electronics materials.

Isohara Works when newly established

2014

Caserones Copper Mine began production

The official opening of the Caserones Copper Mine was celebrated, as a 100% Japanfunded resources development project in Chile, and the shipment of copper concentrate was begun.

Caserones Copper Mine

2018

H.C. Starck Tantalum and Niobium GmbH (present TANIOBIS GmbH) shares acquired

The outstanding shares of H.C. Starck Tantalum and Niobium GmbH (present TANIOBIS GmbH), a German manufacturer of metal powders, were acquired with an eye to expanding business areas, in anticipation of dramatic demand growth for electronic components and devices.

TANIOBIS (Goslar)

Long-Term Vision

JX Nippon Mining & Metals Group Long-Term Vision 2040

Transforming from a mass production-based firm to a technology-based firm, achieve a strong profit base even in the face of fierce global competition, while helping to realize the sustainable society targeted by the SDGs

  • Categorize our businesses as “Focus Businesses” or “Base Businesses”
  • Position the rare metals business as one of our core domains

Focus Businesses

Core of growth strategy

Business fields such as advanced materials and technology-based recycling, where differentiation through technology can achieve a global competitive advantage

Desirable profit structure

Greatly expand profitability through growth achieved by establishing the capability to constantly offer a lineup of diverse small-lot and high-margin products and technologies.

Base Businesses

Business fields where intensified competition is expected, but which help solidify the organizational base by raising competitive strength through improved production efficiency. Such fields include mineral resources and smelting and refining (including recycling aimed at supplying raw materials for smelting and refining)

Desirable profit structure

Maintain steady profitability by carrying out structural reforms such as enhancing competitiveness and conducting timely reviews of the asset portfolio.