Marubeni, JX, Mitsui Kinzoku, and Mitsubishi Materials Agree to Integrate Copper Businesses into Pan Pacific Copper
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Marubeni Corporation, JX Advanced Metals, Mitsui Kinzoku, and Mitsubishi Materials have signed a Memorandum of Understanding to discuss integrating Mitsubishi Materials' copper concentrate purchasing and sales into Pan Pacific Copper Co., Ltd. This integration aims to enhance competitiveness in copper procurement. Mitsubishi Materials is expected to become a subcontractor for PPC, which will be an equity-method affiliate of the participating companies. The final agreement is anticipated by March 2026, subject to approvals.
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