Sumitomo Metal Mining Co. Ltd.

Company Snapshot

Founded: 1590
Entity Type: Public
Employees: 7,402
Region: Japan
Revenue: $10,655.7 Millions
Revenue Year: 2024
Headquarter: Tokyo, Japan
Key Geographics: Japan, U.S., Taiwan, China, Rest of the World
Corporate Address: 5-11-3 Shinbashi, Minato-ku, Tokyo 105-8716 Japan www.smm.co.jp

Company Overview

Sumitomo Metal Mining engages in mining, smelting, and refining non-ferrous metals globally. The company operates 7 mines and 8 smelters and refineries across 14 countries. It deals in mineral resources, smelting & refining, and materials business. As the pioneers of “battery-to-battery” resource reuse in Japan, Sumitomo Metal Mining recovers copper and nickel from spent lithium-ion secondary batteries and repurposes them as battery components. The company aids in developing a sustainable circular economy in this way. In addition, the company processes mineral ores and high-quality metal materials. Its Hishikari Mine stably produces high-grade gold ore in Japan that produces gold on a commercial scale.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Sumitomo Metal Mining Co. Ltd. In Reports

Green Mining: Global Market

BCC Research Market Analyst says global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a CAGR of 7.4%.

Sputtering Targets and Sputtered Films: Technology and Markets

BCC Research Market Report says sputtering targets and sputtered films should grow from $3.4 bln in 2021 to $4.6 bln by 2026 with a compound annual growth rate of 5.9%

Thick Film Materials: Global Markets

BCC Research Market Report says thick film materials should grow from $14.9 billion in 2021 to $21.0 billion by 2026 with a compound annual growth rate of 7.0%.

Company's Business Segments

  • Mineral Resources : Non-ferrous metal resources.
  • Smelting and Refining : Copper, Nickel, Ferronickel, Zinc, Gold, Silver, Platinum, Palladium
  • Materials : Battery materials (Nickel hydroxide, Lithium nickel oxide), Powder materials (Pastes, Nickel powder, NIR absorbing materials, Magnetic materials, Thin film materials), Crystal materials (Lithium tantalate substrates, Lithium niobate substrates), Tape materials, Autoclaved Lightweight Concrete (ALC) products, Automotive exhaust processing catalysts, Chemical catalysts, Petroleum refinery, Desulfurization catalysts" catalysts, Chemical catalysts, Petroleum refinery, Desulfurization catalysts.

Applications/End User Industries

  • Metal
  • Mining
  • Precious Metal
  • Petroleaum
  • Materials
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