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Creation of a Recycling-oriented Society

Developing and Providing Recyclable Products

In Pursuit of a Recycling-oriented Business Model

In Pursuit of a Recycling-oriented Business Model

Purpose of activities Activities during fiscal 2023 Self-
assessment
Targets/plans for activities from fiscal 2024 onwards
Expand processing of recyclables
(Metals Business (Smelting sector))
Promoted the recovery of trace components in recycled raw materials A Strengthen and expand the scale of networks aimed at recycling resources
Planned construction of a recycled raw material pre-processing facility at the Onahama Smelter of Onahama Smelting & Refining Co., Ltd. Increase the recycling rate by expanding E-Scrap processing
Create a recycling business for rare earth elements and rare metals
Aiming to be the driving force of resource-recycling systems
Providing reliable recycling systems, such as by ensuring traceability
(Metals Business (Resource-recycling sector))
Implemented automatic dismantlement robots B Expand the home appliance recycling business, promote automation of home appliance recycling, and improve the added value of collected items
Introduced system for managing home appliance recycling operations (other site) Demonstrate next-generation vehicle recycling technologies, LIB recycling technologies
Implemented demonstration of LIB recycling system Achieve commercial implementation of a solar panel recycling system
Consideration of PV recycling system Promote DX (recycling of home appliances)
Promoting the recycling of fluorine resources
(Advanced Products (Electronic Materials & Components))
The amount recycled was 1,354 tons/year, 27% below the budget C Ensure the stable operation of recycling plants and achieve the plan of the amount recycled
The raw material recycling rate was 14%
Promoting the recycling of tungsten
(Metalworking Solutions Business)
Recycling rate increased (by 188% from the fiscal 2018 level) A Increase the recycling rate (by 192% from the fiscal 2018 level)
Increased recycling collections Expand amount of materials recovered for recycling (expand overseas recovery area)

Self-assessment grades A: Target achieved B: Target mostly achieved C: Target not achieved

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Recycling-oriented Business Model

Overview of our Recycling-oriented Business Model

The Mitsubishi Materials Group is a complex corporate entity encompassing a wide range of technologies and expertise, from resources upstream to materials midstream to processed products downstream. We have continued to make the most of those capabilities on a groupwide scale, in an effort to establish a Recycling-oriented business model based on recovering resources from a wide range of waste products.
We strive to create cyclical value chains in each of our businesses, so that resources and materials are processed into products and then recycled back into materials. This also helps to promote Recycling-oriented social systems (Circular Economy).
We will achieve growth throughout the value chain to expand resource recycling. We will achieve this by leveraging our strength in advanced disassembly and separation technologies in the home appliance recycling business, along with recycling technologies in the smelting business, expanding the range of items to which these technologies are applied, the regions in which we operate, and the scale of operations.
In the recycling of metal resources, we will recover used or discarded products, disassemble or separate them, input the materials into smelting or other processes to extract useful metal elements, then process or fabricate those elements into high-performance materials and products that will be supplied to the market.
In this way, we will design and build a circulatory system for resources through “veins” that circulate resources, “arteries” that supply high-performance materials and products, and once again through “veins” via the market. At the same time, the renewable energy business will supply the renewable energy-based power it has generated to the entire business, contributing to progress in reducing greenhouse gases on the way to achieving carbon neutrality.

Recycling-oriented Business Model of the Group

Recycling-oriented Business Model of the Group
MMC