Precious Metals Department
The Precious Metals Department, with main bases in Singapore, Tokyo, New York, London, and Shanghai, operates round the clock, procuring precious metal ingots from producers and others based on long-term contracts, for stable supply to customers around the world. It also supports a variety of transaction forms including average-price/long-term fixed price contracts and lease contracts, and provides a wide range of market information drawing on the Mitsubishi Corporation RtM Group and Mitsubishi Corporation global network.
As the Japan base of the Mitsubishi Corporation RtM Group, we do business primarily with customers in markets such as Japan, Southeast Asia, and China. Due to recent increases and greater volatility of market prices, we also provide increasingly-necessary risk management techniques in line with customer needs.
Main products/business line
Gold, silver, PGM (platinum, palladium, iridium, ruthenium, and rhodium)
Examples of main industrial uses
Gold:Electronic parts and materials, dental materials
Silver:Solar panels, photosensitive materials
PGM:Automobile exhaust gas purification catalyst, electronic parts and materials, catalysts for making chemical products, dental materials
The following are examples of final products using precious metals:
Smartphones
Hard disks
Solar panels
Hydrogen Materials Department
The development of the hydrogen industry is key to achieving a carbon-neutral society. Hydrogen Materials Department leverages the global network of Mitsubishi Corporation Group across various industries to supply essential components and materials for fuel cells and water electrolyzers, which are core technologies for hydrogen production and use. We are also engaged in various new business developments to build a hydrogen value chain, including laying the foundation for recycling business with partner companies, aiming towards a circular society.
