Komori
Other Disclosures5711Mitsubishi Materials CorporationIron & Steel, Nonferrous Metals

Investment to expand tungsten recycling capacity at Nippon New Metal Co., Ltd.

The consolidated subsidiary 日本新金属 has decided to invest in upgrading equipment at its Akita Plant to increase its capacity to produce APT from tungsten scrap. APT production capacity is expected to expand to 2,400 tonnes per year (WO3 equivalent), approximately double the current level.

Worth reading
77Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
80
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Announced details

Ammonium paratungstate (APT)Tungsten products
Applicable field (uses covered by this announcement)
Cemented carbide toolsSemiconductors and electronic materialsMaterials for Secondary BatteriesMedical Products
Launch dateApril 2029 (planned start of operations). Equipment installation is scheduled to begin sequentially from fiscal 2026.
What the company reported numerically
Quantitative Effects

The company aims to replace approximately 1,200 tonnes per year (WO3 equivalent) of imported intermediate materials with materials derived from domestic recycling.

Relationship between the counterparty and the company
Mitsubishi Materials Corporation5711
Relationship with the Company

A consolidated subsidiary of Mitsubishi Materials Corporation

Counterparty (name not disclosed)

日本新金属株式会社. Head office: Toyonaka, Osaka Prefecture. President and Representative Director: Taniuchi Toshiyuki (谷内俊之). A tungsten products manufacturer with integrated production capabilities ranging from tungsten concentrates to APT, tungsten oxide, tungsten powder and tungsten carbide powder.

Award/certification name

Certification of a supply security plan (securing a stable supply of critical minerals under the Economic Security Promotion Act)

Awarding / certifying body

Ministry of Economy, Trade and Industry

Location (as indicated in this announcement)

Akita Plant: Akita, Akita Prefecture

APT production capacity: 2,400 tonnes per year (WO3 equivalent), approximately double the current level
Contract Value

Approximately ¥8 billion

The company does not address Offering price / Impact on Business Performance.

Source (materials cited by the company)

Ministry of Economy, Trade and Industry, “Policy for Securing a Stable Supply of Critical Minerals”

Tungsten recycling process (日本新金属 website)

Announced details
ItemDetails
Names of Products / Services CoveredAmmonium paratungstate (APT), Tungsten products
Counterparty overview日本新金属株式会社. Head office: Toyonaka, Osaka Prefecture. President and Representative Director: Taniuchi Toshiyuki (谷内俊之). A tungsten products manufacturer with integrated production capabilities ranging from tungsten concentrates to APT, tungsten oxide, tungsten powder and tungsten carbide powder.
Relationship with the CompanyA consolidated subsidiary of Mitsubishi Materials Corporation
Contract ValueApproximately ¥8 billion
Launch dateApril 2029 (planned start of operations). Equipment installation is scheduled to begin sequentially from fiscal 2026.
Applicable areaCemented carbide tools, Semiconductors and electronic materials, Materials for Secondary Batteries, Medical Products
Award/certification nameCertification of a supply security plan (securing a stable supply of critical minerals under the Economic Security Promotion Act)
Awarding / certifying bodyMinistry of Economy, Trade and Industry
LocationAkita Plant: Akita, Akita Prefecture
Location scaleAPT production capacity: 2,400 tonnes per year (WO3 equivalent), approximately double the current level
Quantitative EffectsThe company aims to replace approximately 1,200 tonnes per year (WO3 equivalent) of imported intermediate materials with materials derived from domestic recycling.
SourceMinistry of Economy, Trade and Industry, “Policy for Securing a Stable Supply of Critical Minerals”, Tungsten recycling process (日本新金属 website)
Items this document does not state (6)
CounterpartyOffering priceContract DateRegistration number and expiry dateUsage historyImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The aim is to reduce dependence on imported intermediate materials and strengthen Japan's tungsten supply capacity, resource recycling and supply chain. The initiative is also intended to contribute to securing a stable supply of critical minerals under the Economic Security Promotion Act.

How to read this page

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Investment to expand tungsten recycling capacity at Nippon New Metal Co., Ltd. | Mitsubishi Materials Corporation (5711) timely disclosure | Komori