Mitsubishi Materials bets on recycling copper in Europe to curb China risk

Japanese company's smelting business suffers profit slump

20251126N Mitsubishi Materials 2

Mitsubishi Materials is cutting back on copper concentrate processing and focusing on recycling at its Onahama facility in Japan's Fukushima prefecture. (Mitsubishi Materials)

ARATA SHIGENO

TOKYO -- Mitsubishi Materials has moved to turn around its struggling copper business with plans to a build smelter in Europe that will handle recycled circuit boards, an effort to shield itself from China-related supply disruptions.

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