Mitsubishi Corporation · TSE:8058
Mitsubishi — Investor Presentation (April 2023)
11 slides from Mitsubishi's investor presentation, Apr 13, 2023
Slide 1: Mitsubishi Corporation Mineral Resources Group <Copper business>
Proprietary & Confidential Mitsubishi Corporation Mineral Resources Group <Copper business> Copyright © 2023 Mitsubishi Corporation 1
Slide 2: Contents
April.13, 2023 Base Metal Dept. Contents Company-wide EX Strategy and 1 Positioning of the Copper Business 2 Review of Quellaveco Mitsubishi Corporation’s Copper Business 3 and Its Future Copyright © 2023 Mitsubishi Corporation 2
Slide 3: Contents
April.13, 2023 Base Metal Dept. Contents Company-wide EX Strategy and 1 Positioning of the Copper Business 2 Review of Quellaveco Mitsubishi Corporation’s Copper Business 3 and Its Future Copyright © 2023 Mitsubishi Corporation 3
Slide 4: Company-Wide EX Strategy and Positioning of the Copper Business
April.13, 2023 Base Metal Dept. Company-Wide EX Strategy and Positioning of the Copper Business Mitsubishi Corporation (MC) Mineral Resources Group has grown by addressing evolving demands from stakeholders and the broader society as well as changes in the business environment through resource inv
Slide 5: Contents
April.13, 2023 Base Metal Dept. Contents Company-wide EX Strategy and 1 Positioning of the Copper Business 2 Review of Quellaveco Mitsubishi Corporation’s Copper Business 3 and Its Future Copyright © 2023 Mitsubishi Corporation 5
Slide 6: History of the Quellaveco Project (after MC's Participation)
April.13, 2023 Base Metal Dept. History of the Quellaveco Project (after MC’s Participation) Events • MC acquired an 18.1% equity stake in Anglo American Quellaveco S.A. (AAQ SA) February 2012 from the International Finance Corporation (IFC) • AAQ SA reached an agreement on 26 key commitments to the
Slide 7: Quellaveco: Competitive Advantages and Current Progress
April.13, 2023 Base Metal Dept. Quellaveco：Competitive Advantages and Current Progress • With its abundant resources and highly cost competitive operations, Quellaveco has the potential for both mid- and long-term expansions. Quellaveco plays an important role in MC’s EX strategy. Competitive Advant
Slide 8: Contents
April.13, 2023 Base Metal Dept. Contents Company-wide EX Strategy and 1 Positioning of the Copper Business 2 Review of Quellaveco Mitsubishi Corporation’s Copper Business 3 and Its Future Copyright © 2023 Mitsubishi Corporation 8
Slide 9: Overview of MC's Copper Business
April.13, 2023 Base Metal Dept. Overview of MC’s Copper Business • Steady growth since the 1980s, reaching an equity-basis production of 250 ktpa in 2022 • Accelerated growth in equity-basis production with Quellaveco ramping up to nameplate capacity, rising from the current level of c.250ktpa to c.
Slide 10: Business Environment for Copper Producers
April.13, 2023 Base Metal Dept. Business Environment for Copper Producers • As one of the key metals in renewable energy generation and EVs, demand for copper is expected to increase in the transition to a carbon neutral society • However, limitations exist in both resources and production volume, m
Slide 11: MC's Copper Business Strategy Based on the External Environment
April.13, 2023 Base Metal Dept. MC’s Copper Business Strategy Based on the External Environment • We aim to grow our copper business, prioritizing the maintenance and expansion of our current assets, while also considering increasing our interest in current assets, acquiring stakes in new assets, an