News Release


February 27, 2018

JX Nippon Mining & Metals Corporation

Notice regarding purchase of H.C. Starck Tantalum and Niobium GmbH

JX Nippon Mining & Metals Corporation (“JXNMM”) has decided to purchase all shares in H.C. Starck Tantalum and Niobium GmbH (“HCS TaNb”) from H.C. Starck GmbH.
HCS TaNb has a strong market position with its Tantalum and Niobium products (high-purity metal powder) backed by its solid technological and marketing capabilities. JXNMM has been actively strengthening and expanding its electronic materials business products towards the upcoming IoT society which foresees a drastic increase in use of electronic components and devices.
In order to comply with the increasing diversified and sophisticated needs of its clients, JXNMM has been seeking for, as part of its growth strategies, acquiring a business which could bring synergies with the existing businesses of JXNMM group and has a potential of developing new businesses. Through the Acquisition, JXNMM will establish and strengthen the revenue base of its group including HCS TaNb by combining its technological advantage and market insight with that of HCS TaNb, enhancing its sales as well as product research and development capability, and seeking for synergies of business operation optimization etc., and will contribute to the development of IoT society through the stable supply of raw materials.
The closing of the transaction is expected within 2018 and is subject to the approval of relevant authorities.

About H.C. Starck Tantalum and Niobium

H.C. Starck Tantalum and Niobium converts metal ores and secondary materials into tantalum and niobium based powders. The company has long-standing experience in the development and manufacturing of high performance powders for capacitors and for sputter targets; chemically highly pure oxides. A strong R&D and application engineering team develops industry and customer specific powders for a wide range of solutions. The unit employs around 600 people.

About JX Nippon Mining & Metals Corporation

JX Nippon Mining & Metals Corporation (JXNMM) is a recognized tradition enterprise which operates as a subsidiary of JXTG Holdings, a Japanese petroleum and metals conglomerate and one of the most prominent and comprehensive energy, resources and materials company groups in Asia.
JXNMM has grown into a global resources and material corporation engaged in a wide range of domestic and international operations from exploration, smelting and refining to metal fabrication, electronic materials production, as well as recycling of valuable metals and detoxifying industrial waste materials in order to contribute to zero-waste society. As of March 31, 2017, JXNMM had around 9,000 employees worldwide and generated revenues of JPY 1,003.1 Billion. 

For inquiries on this matter, please contact the below

JX Nippon Mining & Metals Corporation
Public Relations & CSR Dept.