About Minera Nittetsu Chile Ltda.
Nittetsu Mining Co., Ltd. ("our company") was established after separating from the mining division of the former Japan Iron & Steel Co., Ltd. (presently, NIPPON STEEL & SUMITOMO METAL CORPORATION (NSSMC)) in 1939. The intention was to develop and steadily supply raw materials, such as coal, iron ore, and limestone, for steel making.
Since then, our company has prospered and expanded while bearing a heavy burden of responsibility for supplying raw materials to basic industries in Japan through the development of underground resources. In the midst of a revolution of resources and energy situations in the course of economic growth, our main operations have changed from coal to metal, further changing to nonferrous metals such as limestone and the like. Today, our company has established a unique position in the industry as a comprehensive resourcement at home ands corporation engaged in mine develop abroad.
From now on, responding to social demands, we are making every effort to steadily supply these resources. At the same time that we are using the traditions and technologies accumulated over a long time, we will tackle the development of other technologies around mines, such as security and the development of new resources both at home and abroad, adding value to mineral resources, and consulting on mining and geology, among other activities. We will take further action to strengthen our business base as a comprehensive resources corporation in order to achieve further growth.
In addition, we will contribute to our shareholders, customers and community by demonstrating the total strength of our company group and through the development of such businesses as machinery and other products centered on environment-related products, and the real estate business, renewable energy business, etc.