Metals & Minerals Company
The Metals & Minerals Company includes the Metal & Mineral Resources Division and the Steel Business Coordination Department, which are both directly controlled.
The Metal & Mineral Resources Division supports basic industries, such as steel and electric power, that are essential to infrastructure. The Division provides raw materials and engages in global mining and trading of iron ore, coal, uranium, base metals, and rare metals. The Division is also involved in the development and trade of non-ferrous metal materials (mainly aluminum), the trade of metal materials and products, recycling, and other businesses.
In addition, the Steel Business Coordination Department, which is directly overseen by the Metals & Minerals Company, pursues synergy and provides a wide-ranging support for Marubeni-Itochu Steel Inc. in the field of steel products.
The Metals & Minerals Company contributes to the development of the global economy by supporting the stable supply of resources, energy, and metal materials and products.
Iron ore, Pellet, Direct reduced iron, Pig iron, Minor metals, Ferro alloy and its materials, Coking coal, Coke, Thermal coal, Nuclear fuel, Emission credits, Aluminum, Alumina, Rolled aluminum products, Aluminum mold materials, Non-ferrous metals, Aluminum products, Electrical wires, Optical fiber cables, Electronics materials, Steel scrap, Metallic powder, Electrodes, Base metals, Recycling businesses
Steel, Non-Ferrous & Solar
Steel plates, Hot & cold rolled sheets, Stainless steel, High tensile steel, Construction materials, Welded steel pipes, Seamless steel pipes, Steel wires, Rails, and other steel products
Jun. 15, 2018
Mar. 14, 2018
Medium to Long-Term Growth Strategies(Conceptual Diagram)
We will grow by striking a balance between investment and trade, creating a stable earnings base, and taking advantage of new growth opportunities.
In the resource development business, we will strengthen our resistance to fluctuations in market prices through acquisition of prime projects that are cost competitive and have other superior characteristics, as well as continuous improvement in production efficiency of existing projects. Also, we will further expand and optimize our asset portfolio, including through the acquisition of non-ferrous resources and rare metal interests, where stable supply is an issue.
In the trading business, we will expand resource and fuel trading based on our equity interests. We will also create a value chain including manufactured product fields and leverage the collective strengths of the ITOCHU Group to create added value. Through these measures, we will develop a broad and deep flow of trade spanning upstream and downstream categories.
By strengthening ties with our strategic partner, CITIC and CP Group, we will promote collaborative projects on the resource development and trading fronts by leveraging each other’s strengths.
To ensure a stable supply of metals and mineral resources, we will work with our business partners to develop metals and mineral resources in a sustainable manner, taking into consideration the environment at development sites and harmony with local communities, and giving thorough consideration to safety in the workplace. Furthermore, we will aggressively take up the challenge of environmentally friendly businesses, including the mega-solar, biomass-related trade, and recycling businesses.
Iron Ore Sales Business in China
Building a new sales structure in China, the world's largest importer of iron ore
Iron Ore Project in Western Australia
Ongoing Investment in Superior Iron Ore Assets in Western Australia
Iron Ore Project in Brazil
Establishing a Stable Position and a New Business Model in Iron Ore Operations
Coal Business in Australia and Indonesia
Jointly with Glencore and Whitehaven, reliable resource companies, we are developing a coal production business boasting an annual production volume of more than 30 million tons.
Coal Project in Colombia
Jointly with Drummond, a major resources company, we are developing a coal production business boasting an annual production volume of 30 million tons.