Long-Term Stable Procurement of Nickel Resources
First written in FY2016. 18 of 24 entries say "Restated". Latest entry: FY2026.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「RIO TUBA NICKEL MINING CORP. (Philippines) 20 February 2025 January 2025–December 2029 (5 years) Nickel ore Long-term purchase agreement / TAGANITO MINING CORP. (Philippines) 20 February 2025 January 2025–December 2029 (5 years) Nickel ore Long-term purchase agreement / CAGDIANAO MINING CORP. (Philippines) 20 February 2025 January 2025–December 2028 (4 years) Nickel ore Long-term purchase agreement / MAI KOUAOUA MINES S.A.R.L (New Caledonia) 12 September 2024 January 2024–December 2033 (10 years) Nickel ore Long-term purchase agreement / MAI KOUAOUA MINES S.A.R.L GRAZIELLA (New Caledonia) 15 March 2025 January 2026–December 2035 (10 years) Nickel ore Long-term purchase agreement / Societe Miniere Georges Montagnat S.A.R.L. (New Caledonia) 17 September 2025 April 2026–March 2036 (10 years) Nickel ore Long-term purchase agreement」
The Company has established multiple long-term purchase agreements with mining companies in the Philippines and New Caledonia and is securing sources of supply, including under agreements extending beyond 2026. - FY2025AdvancedAnnual report
「RIO TUBA NICKEL MINING CORP. (Philippines) 20 February 2025 January 2025–December 2029 (5 years) Nickel ore Long-term purchase agreement」
The Company entered into long-term purchase agreements with 3 companies in the Philippines covering January 2025 to December 2029, and also established 10-year long-term purchase agreements with mining companies in New Caledonia in 2024 and 2025. - FY2024RestatedAnnual report
「The Company currently imports its principal raw material, nickel ore, from the Philippines and New Caledonia. To ensure a stable supply, it has entered into long-term purchase agreements with the mining companies at each source」
The Company continues its policy of ensuring a stable supply of nickel ore through imports from the Philippines and New Caledonia, long-term purchase agreements, capital participation, and technical assistance. - FY2023-Q1RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, and maintained procurement sufficient to support its production and sales volumes.」
Despite declining production and sales volumes due to electric furnace accidents and other factors, the Company maintained nickel ore procurement sufficient to support those volumes. - FY2022RestatedAnnual report
「The Company currently imports its principal raw material, nickel ore, from the Philippines and New Caledonia. To ensure a stable supply, it has entered into long-term purchase agreements with the mining companies at each source. It has also taken equity stakes in the Philippine mining companies and provides each company with advice on mine development and exploration, as well as technical and financial assistance as needed.」
It has reconfirmed its policy of ensuring a stable supply through procurement from the Philippines and New Caledonia, long-term purchase agreements, capital participation, and development advice and technical assistance. - FY2022-Q3AdvancedAnnual report
「14 December 2021 January 2022–December 2026 (5 years) Nickel ore Long-term purchase agreement」
The Company entered into a long-term nickel ore purchase agreement with each of 3 companies in the Philippines, with a 5-year term running from January 2022 to December 2026. - FY2022-Q2Mining operations and shipping conditions broadly stableAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products. Mining companies' operating and shipping conditions have been broadly stable, and the Company maintained procurement sufficient to support its production and sales volumes.」
Following the gradual recovery in the previous quarter, mining companies' operating and shipping conditions were considered broadly stable, and the Company maintained procurement sufficient to support its production and sales volumes. - FY2021-Q3RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products. As part of measures to prevent infectious diseases, some nickel mines in source countries were forced to suspend operations for a certain period, but operating and shipping conditions have recovered, and the Company maintained procurement sufficient to support its production and sales volumes.」
It has reconfirmed that, although some mines suspended operations, the recovery in operating and shipping conditions enabled the Company to maintain ore procurement sufficient to support its production and sales volumes. - FY2021-Q1RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products. As part of measures to prevent the spread of COVID-19, some nickel mines in source countries were forced to suspend operations for a certain period, but operating and shipping conditions have gradually recovered, and the Company maintained procurement sufficient to support its production and sales volumes.」
It states that, although some mines in source countries suspended operations, operating and shipping conditions gradually recovered and the Company maintained ore procurement sufficient to support its production and sales volumes. - FY2020RestatedAnnual report
「Securing sources of raw materials The Company currently imports its principal raw material, nickel ore, from the Philippines and New Caledonia. To ensure a stable supply, the Company has entered into long-term purchase agreements with the mining companies at each source」
It has reconfirmed its policy of ensuring a stable supply through procurement from the Philippines and New Caledonia, long-term purchase agreements, and capital participation and technical assistance. - FY2020-Q3RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, from the Philippines, its main source. Although the policy of tightening environmental regulations on mining in the Philippines remains in place and has affected operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative third quarter of the fiscal year.」
Despite continued tighter environmental regulations on mining in the Philippines and their impact on operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative third quarter of the fiscal year. - FY2020-Q2AdvancedAnnual report
「RIO TUBA NICKEL MINING CORP. (Philippines) 1 July 2019 July 2019–December 2023 (4 years 6 months) Nickel ore Long-term purchase agreement / TAGANITO MINING CORP. (Philippines) 1 July 2019 July 2019–December 2023 (4 years 6 months) Nickel ore Long-term purchase agreement / CAGDIANAO MINING CORP. (Philippines) 1 July 2019 July 2019–December 2023 (4 years 6 months) Nickel ore Long-term purchase agreement」
The Company entered into long-term nickel ore purchase agreements with 3 companies in the Philippines, each with a 4-year-and-6-month term running from July 2019 to December 2023. - FY2020-Q1RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, from the Philippines, its main source. Although the policy of tightening environmental regulations on mining in the Philippines remains in place and has affected operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative first quarter of the fiscal year.」
Despite continued tighter environmental regulations on mining in the Philippines and their impact on operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative first-quarter period. - FY2019-Q3RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, from the Philippines, its main source. Although the policy of tightening environmental regulations on mining in the Philippines remains in place and has affected operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative third quarter of the fiscal year.」
It has reconfirmed that, despite the impact on operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative third-quarter period. - FY2019-Q2RestatedAnnual report
「② Stabilizing nickel resource procurement」
The stabilization of nickel resource procurement has been reiterated as a key initiative under PAMCO-30. - FY2019-Q1RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, from the Philippines, its main source. Although the policy of tightening environmental regulations on mining in the Philippines remains in place and has affected operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative first quarter of the fiscal year.」
It has reconfirmed that, despite continued tighter environmental regulations on mining in the Philippines and their impact on operations at some mines, there was no impact on the Company's ore procurement volume during the cumulative first-quarter period. - FY2018-Q3RestatedAnnual report
「The Company procures nickel ore, the principal raw material for its ferronickel products, from the Philippines, its main source. Although some mines remain subject to suspension orders or recommendations amid tighter environmental regulations on mining in the Philippines, there was no impact on the Company's ore procurement volume during the cumulative third quarter of the fiscal year.」
It has reconfirmed that, despite continued suspension orders and recommendations affecting some mines in the Philippines, there was no impact on the Company's ore procurement volume during the cumulative third-quarter period. - FY2018-Q2RestatedAnnual report
「Regarding procurement of nickel ore, the primary raw material for ferronickel products, some mines in the Philippines, a major source of supply, remain subject to orders or recommendations to cease operations due to stricter environmental regulations governing the mining industry. However, this had no impact on our ore procurement volume during the six months ended the second quarter.」
It has reconfirmed that, despite continued suspension orders and recommendations affecting some mines in the Philippines, there was no impact on the Company's ore procurement volume during the cumulative second-quarter period. - FY2018-Q1RestatedAnnual report
「Procurement of nickel ore, the primary raw material for ferronickel products, has been affected by stricter environmental regulations governing the mining industry in the Philippines, a major source of supply. Some mines continue to be subject to orders or recommendations to cease operations, but this had no impact on our ore procurement volume during the three months ended the first quarter.」
Despite continuing orders and recommendations to cease operations at mines in the Philippines, ore procurement volume during the three months ended the first quarter was unaffected. - FY2017RestatedAnnual report
「We will pursue stable long-term supplies of nickel ore and optimal procurement costs through investment in the development of new ore sources and stronger collaboration with resource-producing countries, including technical assistance. We will also pursue a future direction for a hydrometallurgical business to secure nickel raw materials.」
The company continues to pursue the development of new ore sources, investment in and technical assistance for resource-producing countries, stronger collaboration, and future hydrometallurgy as means of securing stable long-term supplies. - FY2017-Q3RestatedAnnual report
「② Stabilizing nickel resource procurement」
The stabilization of nickel resource procurement has been reiterated as a key initiative under PAMCO-30. - FY2017-Q2RestatedAnnual report
「Regarding nickel ore procurement, some mines in the Philippines, a major source of supply, have already ceased operations due to stricter environmental regulations governing the mining industry because they did not meet certain environmental and welfare standards. However, this had no impact on procurement volume during the six months ended the second quarter.」
Despite stricter environmental regulations in the Philippines and the closure of some mines, procurement volume during the six months ended the second quarter was unaffected. - FY2017-Q1RestatedAnnual report
「② Stabilizing nickel resource procurement」
The stabilization of nickel resource procurement has been reiterated as a key initiative under PAMCO-30. - FY2016First statedAnnual report
「To secure stable supplies, we have entered into long-term purchase agreements with each supplying mining company. We have also invested in mining companies in the Philippines and provide them with advice on mine development and exploration, as well as technical and financial assistance as needed.」
Long-term purchase agreements, equity investments in mining companies, development advice, and technical and financial assistance are cited as measures to stabilize procurement.