JX Advanced Metals
{{Infobox company
| name = JX Advanced Metals Corporation
| logo = JX Nippon Mining and Metals Corporation typo (2016-).svg
| image = JX GROUP logo.svg
| native_name = JX金属
| native_name_lang = ja
| romanized_name = JX Kinzoku
| former_name = Nippon Mining Holdings, Inc.
| type = Subsidiary
| traded_as = {{TYO|5016}}
| industry = Mining
| founded = 27 September 2002
| owner = Eneos Holdings (42.4%)
| website = https://www.jx-nmm.com/english/
}}
{{Nihongo|JX Advanced Metals Corporation|JX金属|JX Kinzoku}} is a Japanese non-ferrous metal company partially owned by ENEOS Holdings. Its activities include resource development, smelting, refining, and recycling. The firm holds a global market share of approximately 60% in sputtering targets, a key material used in semiconductor manufacturing.{{Cite web |date=2024-10-08 |title=JX金属が上場申請、時価総額7000億円 東京メトロ上回る |url=https://www.nikkei.com/article/DGXZQOUC075480X01C24A0000000/ |access-date=2025-02-12 |website=日本経済新聞 |language=ja}}
The origins of JX Advanced Metals trace back to the 1905 opening of the Hitachi Mine by Fusanosuke Kuhara. In 1929, Nissan Group's mining division split off to form Japan Mining Co., which later evolved through industry reorganisations to become part of Nippon Mining Holdings (Nippon Mining Holdings, Inc.).{{Cite web |title=【茨城新聞】JX金属 上場申請 東証 脱炭素の競争力強化 茨城県内に生産拠点 |url=https://ibarakinews.jp/news/newsdetail.php?f_jun=17283962569850 |access-date=2025-02-13 |website=茨城新聞クロスアイ |language=ja}} In 2010, Nippon Mining Holdings and Nippon Oil merged to create JX Holdings, now known as ENEOS Holdings, bringing what would become JX Advanced Metals under its umbrella.{{Cite web |title=沿革 {{!}} 会社情報 |url=https://www.jx-nmm.com/company/history.html |access-date=2025-02-12 |website=JX金属 |language=ja}}
The company is scheduled to go public with an expected market capitalisation of over 800 billion yen in March 2025.{{Cite news |last=Tamura |first=Yasushi |date=12 February 2025 |title=JX Advanced Said to Plan March Listing in $3 Billion Tokyo IPO |url=https://www.bloomberg.com/news/articles/2025-02-12/jx-advanced-said-to-plan-march-listing-in-3-billion-tokyo-ipo?embedded-checkout=true |url-status=live |work=Bloomberg News}} The company previously owned the Caserones Mine in Chile as a primary source of copper but sold 70% of its interest in it to Lundin Mining to focus more on semiconductor-related products. The company owns interests in other copper mines in Chile as well.{{Cite web |date=2024-06-26 |title=JX金属、チリ銅鉱山権益を追加売却 半導体材料に集中 |url=https://www.nikkei.com/article/DGXZQOUC266R70W4A620C2000000/ |access-date=2025-02-13 |website=日本経済新聞 |language=ja}}{{Cite web |title=Caserones |url=https://lundinmining.com/operations/caserones-project/ |access-date=2025-02-13 |website=Lundin Mining Corporation |language=en}}
Products and services
- Electronic materials and chemical processing
- Copper foils
- Sputtering targets
- Compound semiconductors
- High-purity metals (silicon, iron, nickel, copper, etc.)
- Surface treatment agents
- Copper powder
- Copper sulphate
- Copper alloy rolled products
- Precision stamped products
- Precision plated products
See also
Other Japanese non-ferrous metals companies
- Sumitomo Metal Mining
- Toho Zinc
- Dowa Holdings
- Nittetsu Mining
- FURUKAWA
- Mitsui Mining and Smelting
- Mitsubishi Materials
Key figures