Non-ferrous and Precious Metals Businesses [Major Business Activities]

Deepening Non-Ferrous Metal Investment and Precious Metal Trading

Gibraltar Copper and Molybdenum Mine, Canada

Sojitz’s non-ferrous & precious metals business conducts trading of alumina, copper, zinc and other nonferrous metals as well as precious metals such as gold, silver, platinum and palladium. We also have upstream investments in bauxite/alumina and copper interests. In Australia, we have a 9% interest in Worsley Alumina Refinery in Western Australia, a joint venture with BHP Billiton, the world’s largest resource firm. Sojitz, together with two Japanese copper refiners, also has a 25% interest in the Gibraltar Copper-Molybdenum Mine in Canada. An expansion project to increase an annual production capacity to 80,000 ton has been completed. In addition, Sojitz currently has copper exploration projects under way in Chile and other countries, and is focusing on efforts to secure mining interests in the future.