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
New Business Office
The New Business Office leverages the global network and market intelligence of Mitsubishi Corporation Group to identify new business opportunities that support the medium- and long-term growth of the precious metals business.
Guided by market and industry intelligence, we explore technology and application development and cultivate new market opportunities in midstream and downstream sectors, as well as in next-generation industries such as hydrogen and semiconductors. Through close collaboration and co-creation with partner companies, we create new business opportunities and develop new business models.
By advancing these initiatives, we aim to generate new demand for precious metals, expand our trading business, and enhance the value we provide to our customers and society.