Mineral Resources Group
Our Business
Mineral Resources Group
The Mineral Resources Group has grown its business model by addressing evolving demands from stakeholders and the broader society, as well as changes in the business environment. Today, we have a portfolio of prime assets with world-class cost competitiveness and quality, such as metallurgical coal and copper.
Metals and minerals, including steel and copper, are crucial in our world today even as we are faced with key challenges such as identifying opportunities for decarbonization, electrification, and building circular economies. We will continue to fulfill our mission by sourcing these resources to the market through trading, resource investments and business development.
Organizational Structure
Ferrous Raw Materials Division (Established on April 1, 2024)
The Ferrous Raw Materials Division oversees the operations of high-quality metallurgical coal and iron ore mines in Australia and the Americas through solid partnerships with leading mining firms. Fueled by both the ongoing expansion of the global economy, especially in emerging markets, and the escalating need for infrastructure driven by decarbonization efforts, the demand for steel is anticipated to remain robust in the medium to long term.
In alignment with our commitment to advancing the decarbonization agenda within the steel industry, in cooperation with the Mineral Resources Trading Division and other key business units, our focus is twofold: first, to ensure a reliable supply of premium metallurgical coal and iron ore, characterized by both quality and cost competitiveness; and second, to explore new avenues of growth, such as the potential of direct reduced iron (DRI), thereby contributing to a more sustainable future.
- Main Products and Services
- Metallurgical coal, iron ore
- Organizational Structure
- Strategic Planning Office | MDP Dept. | Iron Ore Dept.
Critical Minerals Division (Established on April 1, 2024)
The Critical Minerals Division oversees a portfolio of assets and projects that encompass copper, aluminum, nickel, and lithium, operating across diverse regions such as the Americas and Australia. Our strategic focus lies in investing in and fostering the development of these projects to bolster the stable supply of critical minerals. This objective aligns with the projected surge in demand over the mid to long term, driven by the accelerating trends of electrification including electric vehicle (EV) deployment.
By leveraging our capabilities with those of the Mineral Resources Trading Division and other key business units, we endeavor to not only sustain but also amplify our presence in this domain. Our overarching goal is to adeptly cater to the evolving needs of customers worldwide, ensuring that we remain at the forefront of meeting the growing demand for critical minerals.
- Main Products and Services
- Copper, aluminum, lithium, nickel, etc.
- Organizational Structure
- Strategic Planning Office | Base Metals Dept. | Aluminium Dept. | Battery Minerals Office
Mineral Resources Trading Division
The Mineral Resources Trading Division engages in global trade of various commodities including coal, iron ore, copper, aluminum, nickel, lithium, and precious metals, among others. Our aim is to ensure a stable and sustainable supply of critical minerals and ferrous raw materials to industries worldwide. With Mitsubishi Corporation RtM International Pte. Ltd. serving as the hub for global physical trading in this sector, we are committed to addressing societal challenges in partnership with our customers. Drawing on a deep understanding of market dynamics, we offer tailored solutions, even amidst significant shifts towards a decarbonized, electrified, and recycling-focused society. To accomplish our objectives, we closely collaborate with our affiliates, leveraging our global office network spanning Japan, China, India, Europe, and the US, as well as other divisions involved in resource development.
In addition, Triland Metals, a metals derivatives market maker, continues to provide price risk management services to its global customer base through its headquarters in London and subsidiaries in Tokyo, Singapore and New York.
- Main Products and Services
- Coal, iron ore, nickel, chrome, molybdenum, lithium, copper concentrate and metal, lead concentrate and metal, zinc concentrate and metal, tin metal, primary aluminum, secondary aluminum, aluminum products, bauxite, precious metals, rare earths, etc.
- Organizational Structure
- RtM Office