November 10, 2021
October 26, 2021
Mitsubishi Materials Corporation
Mitsubishi Materials Corporation has developed "MEX" (Mitsubishi Materials E-Scrap EXchange), a new platform for the E-Scrap business, and will start its operation on December 20th. This is the first achievement of the Business DX in MMDX (Mitsubishi Materials Digital Business Transformation), the digitization strategy we pursue.
By taking advantage of the Mitsubishi Process for continuous copper smelting*, a unique copper smelting technology that has achieved the industry's top environmental impact reduction performance, as our strength, we have long accepted and processed E-Scrap (such as discarded circuit boards of various electronic devices containing high concentrations of gold, silver, copper, palladium, and other valuable metals) and currently boast the world's number one E-Scrap acceptance and processing capacity of approximately 160,000 tons annually. The E-Scrap market is expected to continue to grow, and we plan to further increase the E-Scrap acceptance and processing capacity to approximately 200,000 tons annually by the end of fiscal 2030.
Against this backdrop, we will start operation of "MEX," a new platform for E-Scrap trading, starting on December 20th, 2021, to further improve our customer service. "MEX," which was developed as part of the MMDX initiative, is equipped with many features making use of the latest digital technology. First, customers are provided with around-the-clock access to all information required for E-Scrap trading. It has an inquiry feature that accepts questions anytime and allows interactive communication by dealing with frequently asked questions using e-mail or a chatbot under development capable of automatic responses. Our platform also has enhanced security by such means as adoption of two-step authentication. These various improvements will facilitate use of this platform by overseas customers and other customers who were not readily able to use our platform. In addition, we plan to make further functional additions through future updates. We aim to be an accessible partner for all customers in Japan and overseas by offering our long-standing experience and high technological capabilities through "MEX."
The vision of the Mitsubishi Materials Group is to "become the leading business group committed to creating a sustainable world through materials innovation, with use of our unique and distinctive technologies" based on its corporate philosophy of "For People, Society and the Earth. We will continue to contribute to the building of a sustainable society by further promoting E-Scrap recycling.
*The Mitsubishi Process for continuous copper smelting
A copper smelting process in which, S (smelting) furnace, CL (slag cleaning) furnace, C (converting) furnace, and a refining furnace are connected by enclosed launders to make a series of batch operations. This results in a facility that is compact, conserves energy, and operates at a low cost. A non-polluting system has also been established in which sulfurous acid gas leaks are prevented and efficiently processed in an exhaust gas treatment plant.
＜Contact details for inquiries＞
Public Relations Dept., Corporate Communication Dept.
＜Contact details for inquiries about E-Scrap business＞
Recycling Business Dept, Metallurgy Div. Metals Company