- CEO
- Reiichi Morikawa
- Full Time Employees
- 2,175
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Otemachi First Square West Tower Tokyo TY Japan 100-0004
- IPO Date
- Mar 3, 1954
- Business
- Nittetsu Mining Co., Ltd. engages primarily in the production and sale of copper and other mineral products. The company's core business segments include the Ore Division, Metallic Minerals, Machinery and Environmental Engineering, Real Estate, and Renewable Energy. The Ore Division offers limestone, dolomite, and silica rock, supplying high purity limestone mainly composed of calcium carbonate to steel, cement, quicklime/hydrated lime, concrete aggregate, fertilizers, and wastewater neutralization industries. Its metallic minerals segment provides electrolytic copper, gold, silver, and copper concentrate. The Machinery and Environmental Engineering segment develops and supplies dust collectors, crushing and grinding equipment, mining and construction machinery, electric machinery, monorail systems for passenger transportation, ball valves, water treatment agents, and deodorizers. The Real Estate segment manages the sale, rental, and administration of office buildings, condominiums, commercial spaces, factories, and warehouses across Japan. Founded in 1881, Nittetsu Mining is headquartered in Tokyo, Japan.
In recent developments, Nittetsu Mining has completed its final $1.5 million earn-in payment to Camino Minerals Corp under an agreement for the Los Chapitos copper project in Peru, transitioning the project into a joint venture with Camino maintaining a 65% ownership and operational control. Alongside, the company continues its strategic partnership with Camino on the development of the Puquios copper mine in Chile, reflecting Nittetsu's focus on expanding its copper mining operations internationally. Additionally, the company has been advancing drilling and exploration at high-grade copper targets in these projects. Nittetsu has also announced plans to cancel over 3.5 million treasury shares as part of capital optimization efforts and revised its financial forecasts while increasing dividends as part of shareholder return policies. These actions align with its medium-term management plan focused on sustainable growth, resource development, and enhanced capital efficiency.
Nittetsu Mining targets diverse markets including steel, cement, environmental engineering, and real estate sectors, operating primarily within Japan for its mineral products and machinery while expanding internationally through mining projects in South America. The company leverages a comprehensive portfolio across mineral extraction, processing technologies, and environmental solutions to meet the demands of industrial and infrastructural customers.
This detailed portfolio solidifies Nittetsu Mining as an integrated mineral resources company combining traditional mining operations with technologically advanced machinery and environmental products, while pursuing strategic resource development partnerships globally to sustain long-term growth.