Mitsui & Co., Ltd. ("Mitsui") announced today that it has decided to establish tentatively called "Mitsui Bussan Metals Co., Ltd." ("MBM") on April 1, 2008, by consolidating two major existing subsidiaries of its Mineral and Metal Resources Business Unit: Mitsui Bussan Raw Materials Development Corporation and Mitsui Bussan Metals Sales Co., Ltd.
MBM will be involved in all mineral & metal trading and recycling businesses in Japan by enhancing its sales and marketing performance through its nationwide network.
Outline of Mitsui Bussan Metals Co., Ltd. (MBM)
||Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, Japan
||Mitsui's wholly-owned subsidiary
|Number of Employees
||¥550 billion (estimate for fiscal year 2008)
||Ferrous and Non-ferrous scrap, Iron ore, Coal, Cokes,
Titanium raw materials and products, Environmental recycling,
Secondary aluminum, Non-ferrous products
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