Sumitomo Metal Mining Co. Ltd. Unsponsored ADR (S190)

Overview

Sumitomo Metal Mining Co., Ltd., alongside its subsidiaries, is primarily involved in the operations of mining, smelting, and refining non-ferrous metals both within Japan and internationally. The company's business is structured into three main segments: Mineral Resources, Smelting & Refining, and Materials, which collectively encompass a wide range of activities from the provision of metal products and battery materials to the offering of construction materials and involvement in environmental engineering. Originally known as Seika Kogyo (Mining) Co., Ltd., the company underwent a name change to Sumitomo Metal Mining Co., Ltd. in June 1952. With a rich history dating back to 1590, Sumitomo Metal Mining Co., Ltd. has established its headquarters in Tokyo, Japan, becoming a significant player in the global non-ferrous metal industry.

Products and Services

• Metal Products: These include copper, nickel/cobalt, gold/precious metal, and others. Sumitomo Metal Mining Co., Ltd. extracts and processes these metals for a variety of industrial and commercial applications, reflecting the company's strong footing in the mining and metallurgical sectors.
• Battery Materials: The company produces nickel hydroxides, lithium nickel-cobalt-aluminum oxides, and lithium nickel manganese cobalt oxide, materials crucial for the manufacture of batteries. These products are essential components for the increasing demands of the electric vehicle and renewable energy storage industries.
• Crystal Materials: Offering lithium tantalates/lithium niobates, optical isolators, faraday rotators, and substitute gallium gadolinium garnet. These materials are primarily used in the manufacturing of electronic devices, emphasizing Sumitomo Metal Mining's role in supporting high-tech industries.
• Powder Materials: This category includes thick film pastes, nickel and fine copper powders, nickel oxides, absorbing materials, sputtering targets, AuSn solder materials, rare earth magnetic materials, and lubricants. These products find applications in various manufacturing processes, from electronics to automotive.
• Package Materials: Sumitomo Metal Mining provides copper-clad polyimide films and printed wiring boards, crucial components for the electronics manufacturing sector, reflecting the comprehensive range of the company's materials technology capabilities.
• Automotive and Catalyst Products: The product range includes automotive, hydroprocessing (HPC), rejuvenation and regeneration of HPC, and petrochemical catalysts products. These are aimed at improving efficiency and reducing emissions in the automotive and petrochemical industries.
• Construction Materials: The company also offers materials for the construction industry, highlighting its diversified portfolio.
• Additional Services: Beyond its core products, Sumitomo Metal Mining is involved in water and precious metals recycling, water treatment and environment-related engineering, sterilization and property modification by irradiation, and domestic marine transportation. Additionally, it engages in the real estate and technical engineering businesses, showcasing a broad spectrum of industrial activities.