The several minerals and materials handled by the Ferrous Raw Materials Division include coking coal, thermal coal, iron ore, stainless and specialty steel resources, and uranium. The Division is engaged in investing in resource development, as well as procuring, transporting, and selling raw materials to ensure stable supply of these materials to our customers throughout the world, which include steel companies and electric power companies.

Coking coal for steel mills, iron ore, nickel, chromium, molybdenum, coal for use as fuel for electricity generation, uranium

The Ferrous Raw Materials Division is taking efforts to enhance businesses for both investment and marketing operations. The Division's investment business serves as the main source of earnings to support the Division's continued growth. The division is committed to the further growth of BMA, which is the world's largest coking coal producer, and is actively investing in a wide range of business activities including the production of stainless steel raw materials and iron ore production, as well as coal and uranium production for use as fuel for electricity generation. In marketing operations, we are engaged in selling ferrous raw materials including coking coal, coal, iron ore, stainless and specialty steel resources on a global scale.

On a global scale, the demand for ferrous raw materials and fuel for electricity generation has been following an ongoing long-term growth trend. In the world today, the developing countries, particularly in Asia are undergoing remarkable growth, the most prominent of which is occurring in China. While keeping abreast of such worldwide trends, the Ferrous Raw Materials Division intends to continue to proactively develop strategic businesses one step ahead of the competition, through investing in resources development, and procuring, transporting, and selling raw materials.

Since 2001, MC has strengthened BMA ties with BHP Billiton Ltd., Australia's preeminent global resources company, through MDP (Mitsubishi Development Pty Ltd.), an MC subsidiary formed in Australia. And MDP has become the first Japanese controlled company to acquire 50% interest in a coal mining joint venture with BHP Billiton. MC has been steadily implementing projects to expand the scale of supply such as newly developing the Clermont Mine, a thermal coal mine in Australia, expanding iron ore projects in Chile through CMP (Compania Minera del Pacifico S.A.) and in Canada through IOC (Iron Ore Company of Canada). MC is also currently undertaking a business development project that involves the development of rail and port infrastructure for iron ore resources in the mid-west region of Western Australia.

In addition, MC has made a major Australian thermal coal company Coal & Allied an equity affiliate, while in the uranium business, MC is continuing its exploration business in Australia, Mongolia and Canada.

MC will keep making further progress so that we can act as a sogo shosha-type global resource player in the world.

Detailed Organizational Chart(PDF:41KB)

• Ferrous Raw Materials Sales and Marketing Business Unit
• Thermal Coal Business Unit
• Iron Ore Business Unit
• Stainless and Specialty Steel Raw Materials Business Unit
• MDP Unit