TungstenMaterials Business Area

Tungsten Image

Business Overview

The Tungsten business of Mitsubishi Materials Corporation provides high-hardness and high-heat-resistance materials, mainly tungsten powder and carbide, and supports a wide range of industrial fields, including precision machining and wear-resistant applications. By leveraging its unique material development capabilities and quality control technologies, the business contributes to enhancing the performance of cutting tools and industrial machine components, supporting higher productivity and precision at production sites.
In addition, the business has built a global business foundation that covers everything from raw material procurement to product supply, contributing to the advancement of manufacturing by ensuring a stable supply of highly reliable materials.

Business Objectives and Strategies

The core strategy of the Tungsten business is to establish a resource-circulation model and enhance profitability in order to meet growing demand in the fields of next-generation batteries, defense, and electronic components. In order to reduce the risk of dependence on primary ore, which is highly unevenly distributed, the business aims to achieve a recycled raw material ratio of 100% at all production sites by the fiscal year ending March 2031, without reliance on specific regions. To this end, we are strengthening our global resource recycling network by increasing the amount of recycled material at H.C. Starck, our European base, establishing a new recycling site in the Americas, and utilizing our existing E‑Scrap collection routes. At the same time, by optimizing production systems to reduce fixed costs and expanding sales of high-value-added powder products, the business aims to ensure a stable supply and enhance profitability in the cemented carbide products and electronic materials fields.

Topics

Acquisition of Shares of H.C. Starck (May 2024)

Through the acquisition of all shares of H.C. Starck, one of the world's leading tungsten manufacturers, Mitsubishi Materials has acquired production bases in Europe, North America, and China, as well as one of the world's largest tungsten recycling capacities, significantly strengthening its tungsten business foundation.

Increase in Recycled Raw Material Ratio (2030: 100%)

To address the risk of uneven distribution of tungsten resources, we are building a recycling system in Europe, the Americas and Asia, aiming to increase the recycled raw material ratio to 100% at our production sites.

Strengthening Collaboration with Japan New Metals Co., Ltd. (Research and Development, Cross-Selling)

Through collaboration with Japan New Metals Co., Ltd., we are strengthening our research and development capabilities, advancing recycling technologies, and accelerating the promotion of cross-selling. We are also working to develop new markets such as powders for electronic components and applications for rechargeable batteries.

Development of High-Value-Added Products for Cemented Carbide Tools

We are promoting the continuous introduction of new products for cutting tools with strengths in processing of difficult-to-cut materials and small-diameter and deep-hole drilling. By developing high-value-added products such as tools equipped with IoT sensors, we are contributing to the advancement of processing sites.

History

1950s-1990s Japan New Metals expanded its business with a core focus on tungsten powder and molybdenum powder
2010s Japan New Metals' tungsten business diversified into electronic components, driven by growing demand for powders used in cemented carbide tools
Early 2020s Long-term supply risks for tungsten became evident amid increasing demand driven by generative AI and xEV production, together with tightened export regulations in China
2024 Mitsubishi Materials concluded the final agreement to acquire all shares of H.C. Starck (one of the world's leading tungsten manufacturers), acquiring production bases in Europe, North America, and China, as well as one of the world's largest tungsten recycling capacities
2025 H.C. Starck and Japan New Metals began cooperation, strengthening research and development, promoting cross-selling, and expanding recycling
July 2025 H.C. Starck's post-merger integration (PMI) project, "W‑Pro," entered the execution phase, initiating production restructuring, operational integration, and the integration of supply‑and‑demand organizations