Diversifying Procurement Sources by Securing an Interest in a New Titanium Mining Area in Norway
First written in FY2023-Q1. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「As part of its overseas strategy, the company began producing mineral sands at Coburn Resources, which it acquired in Australia, while also making preparations for the production and shipment of green titanium ore at Nordic Mining in Norway, in which it has an equity interest.」
Nordic Mining in Norway progressed to the stage of preparing for production and shipment of green titanium ore. - FY2025-H1AdvancedAnnual report
「In the materials business, construction of the Norwegian mining facility in which we hold an interest in titanium ore, a scarce resource, progressed smoothly. We worked to establish the logistics and other elements of the supply framework ahead of the planned start of sales in the first half of 2025.」
Construction of the Norwegian mining facility progressed to the stage of establishing logistics and other elements of the supply framework ahead of the planned start of sales in the first half of 2025. - FY2023AdvancedAnnual report
「In the materials business, we newly acquired shares during the fiscal year in connection with titanium ore, a scarce resource, to secure a new interest in Europe and strengthen the stable supply framework through diversification of procurement sources.」
For titanium ore, a new European interest and procurement source were secured through the acquisition of shares in Nordic Mining ASA. - FY2023-Q1First statedAnnual report
「In the Materials business, the company secured an interest in a new mining area in Norway for titanium ore, a scarce resource, and sought to strengthen its stable supply structure by diversifying its procurement sources.」
The first disclosure of an initiative to secure an interest in a new mining area in Norway and diversify procurement sources to ensure a stable supply of titanium ore.