Marubeni, JX, Mitsui Kinzoku, and Mitsubishi Materials Agree to Integrate Copper Businesses into Pan Pacific Copper
Marubeni Corporation, JX Advanced Metals, Mitsui Kinzoku, and Mitsubishi Materials have signed a Memorandum of Understanding to discuss integrating Mitsubishi Materials' copper concentrate purchasing and sales into Pan Pacific Copper Co., Ltd. This integration aims to enhance competitiveness in copper procurement. Mitsubishi Materials is expected to become a subcontractor for PPC, which will be an equity-method affiliate of the participating companies. The final agreement is anticipated by March 2026, subject to approvals.
Marubeni Corporation, together with JX Advanced Metals Corporation, Mitsui Kinzoku Company, Limited, and Mitsubishi Materials Corporation, has executed a Memorandum of Understanding to begin discussions on integrating Mitsubishi Materials’ copper concentrate purchasing and related product sales businesses into Pan Pacific Copper Co., Ltd. (PPC), a joint venture already owned by Marubeni, JX, and Mitsui Kinzoku. The integration aims to strengthen competitiveness amid increasingly challenging conditions for copper concentrate procurement. Following the integration, Mitsubishi Materials is expected to become a subcontractor for PPC or the new company, with PPC becoming an equity-method affiliate of each participating company. The final agreement is targeted for completion by the end of March 2026, pending necessary approvals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marubeni Corporation published the original content used to generate this news brief on November 11, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
