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Dowa Holdings

From Wikipedia, the free encyclopedia
Japanese nonferrous metals manufacturer

Dowa Holdings Co., Ltd.
Company headquarters building
Native name
DOWAホールディングス株式会社
Company typePublicKK
TYO:5714
NAG:5714
FSE:5714
Nikkei 225 component
ISINJP3638600001
IndustryNonferrous metals
Founded(September 18, 1884; 140 years ago (1884-09-18))
FounderDenzaburo Fujita
Headquarters
Akihabara UDX building,Sotokanda,Chiyoda-ku, Tokyo, 101-0021
,
Japan
Area served
Worldwide
Key people
Akira Sekiguchi[1][2]
(President)
Products
Services
RevenueIncreaseJPY 454.7 billion (FY 2017) (US$ 4.2 billion) (FY 2017)
Decrease JPY 24.6 billion (FY 2017) (US$ 232 million) (FY 2017)
Number of employees
6,400 (as of March 31, 2018)
SubsidiariesDowa Metals and Mining
Dowa Eco-System
Dowa Electronics Materials
Dowa Metal Tech
Dowa Thermotech
WebsiteOfficial website
Footnotes / references
[3][4][5]

Dowa Holdings (DOWAホールディングス株式会社,DOWA Hōrudingusu Kabushiki-gaisha) is a Japanesenonferrous metals manufacturer.[5] The company is a component of theNikkei 225stock index.[6]

History

[edit]

Fujita-gumi, the forerunner of DOWA,[7] was established by three brothers fromYamaguchi prefecture in 1881. The brothers had personal connections with influential members of the government, so in 1884 they bought theKosaka mine, from which they expanded their business into various fields, centered on the coal mining business.[8] After the purchase, Fujita-gumi increased its capital and invested heavily in skilled labor and equipment. By 1888, theKosaka mine became Japan's top producer of silver.[8]

In 1900, an engineer at Kosaka succeeded in extracting copper by accessingkuroko (black ore — a mixture of copper, zinc and lead) deep in the mine. After that, Kosaka changed its focus from silver to copper, and in 1907, became Japan's largest copper producer.[7]

Dowa Mining was an early developer ofYuzawa, a hot spring town usinggeothermal energy, in the late 20th century.[9]

Post 2000s

[edit]

As of April 2007, Dowa Holdings was Japan's largest silver smelter.[10]

Dowa Holdings built a recycling plant in Kosaka which has been operating since 2008, extracting minerals and valuable metals from old electronics parts. One of its subsidiaries, Kosaka Smelting and Refining, has reclaimed rare materials including gold, indium, andantimony. In 2010, the company was working on methods to reclaimrare-earth elements, which are harder to mine, such asneodymium anddysprosium.[11]

As of 2010, Dowa was one of the top three zinc producers in Japan.[12] As of 2016, Dowa Holdings possessed the technology for recovering 22 metals, includinggermanium,ruthenium,gallium, andselenium.[13] In 2017, Dowa Holdings was involved in recycling efforts by sorting through electronics wastes in search for gold, platinum,palladium, and additional rare metals.[14] As of 2018, Dowa Holdings had more than 6,000 employees.[15]

In April 2023, Mitsubishi Materials Corp took full ownership of Onahama Smelting & Refining after purchasing its stake in Dowa Holdings andFurukawa Co..[16]

As of July 2023, Dowa Holdings was the top producer worldwide of high-purity gallium.[17] In 2024, Dowa filed a patent for gold plating.[18] In 2024, Dowa was granted a patent for copper plating.[19]

Current business

[edit]

Dowa's main business is in the recycling and metal processing.[20] Dowa has six business segments; Environment and Recycling, Smelting & Refining, Electronic Materials, Metal Processing, Heat Treatment, and Other which is real estate leasing, construction, management, and technical support services.[21][22]

Subsidiaries

[edit]

Dowa Holdings has several subsidiaries, including Dowa Eco-System, Dowa Metals and Mining, Dowa Electronics Materials,[23][24] Dowa Metal Tech,[25] and Dowa Thermotech.[26]

In 2010,Dowa Metals & Mining Co. was the fourth-largest copper smelter in Japan.[27] As of January 2024, the company owned the largest zinc smelter in Japan.[28]

Dowa Eco-System manages waste and recycling in Asia, and runs a plant in Singapore which works to recover precious and nonferrous metals.[29] In 2016, Dowa Eco-System partnered with Padaeng Industry Plc (PDI) to build industrial waste management factories.[30][31] It developed the technology for Singapore’s first vertical waste incinerator.[32]

Dowa Electronics Materials was the largest supplier ofindium in Japan as of 2010.[33]

In November 2017, auto supplierDowa Metal Tech opened an $11 million plant in Guanajuato, Mexico.[25]

Dowa Thermotech manufactures furnaces and provides heat protection treatments. In 2018, it invested $22.5 million to build a plant in North Carolina.[34][35]

Partnerships

[edit]

In 1999, Dowa Mining and Inco partnered to extract metals in Turkey and Indonesia.[36][37]

In 2019, Dowa Holdings and Constantine Metal Resources engaged in a joint venture called the Palmer Project to develop an underground mine in Southeast Alaska.[38] In 2023, an upgrade and expansion drill program began in the project. Dowa Metals & Mining owned 55% of the venture.[39]

References

[edit]
  1. ^"5714 - DOWA Holdings Co Ltd Executives | Morningstar". July 3, 2024. Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  2. ^"Dowa Holdings Co., Ltd". July 3, 2024. Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  3. ^"Corporate Outline". Dowa Holdings. RetrievedFebruary 26, 2016.
  4. ^"About the company".Financial Times. RetrievedFebruary 27, 2019.
  5. ^ab"Company Profile".Nikkei Asian Review.Nikkei Inc. Archived fromthe original on April 27, 2023. RetrievedFebruary 27, 2019.
  6. ^"Components:Nikkei Stock Average (Nikkei 225)". Nikkei Inc. RetrievedFebruary 26, 2016.
  7. ^abJoanaz de Melo, Cristina; Vaz, Estelita; M. Costa Pinto, Lígia (October 21, 2016).Environmental History in the Making: Volume II: Acting.Springer Science+Business Media. pp. 206–207.ISBN 978-3-319-41139-2.
  8. ^abHunter, Janet; Storz, Cornelia (June 28, 2006).Institutional and Technological Change in Japan's Economy: Past and Present.Routledge. pp. 32–33.ISBN 978-1-134-20681-0.
  9. ^Tabuchi, Hiroko; Lee, Chang W. (March 22, 2023)."Geothermal Power, Cheap and Clean, Could Help Run Japan. So Why Doesn't It?".The New York Times.ISSN 0362-4331. RetrievedAugust 31, 2024.
  10. ^"Japan's golden trash".The Toronto Star. April 26, 2007. p. 51. Retrieved July 16, 2024 – viaNewspapers.com.
  11. ^Tabuchi, Hiroko (4 October 2010). "Japan Recycles Minerals From Used Electronics".nytimes.com.
  12. ^Hur, Jae; Suzuki, Ichiro (25 May 2010). "Dowa to Invest in Copper Mines to Double Ore Procurement Rate".bloomberg.com.
  13. ^Keun-young, Lee (26 December 2016). "As global deposits near depletion, urban mining for rare metals".hani.co.kr.
  14. ^"Japanese companies digging for gold in urban waste".asia.nikkei.com. 3 October 2017.
  15. ^"Dowa Thermotech completes purchase of property in Sanford".The Chatham News. November 22, 2018. p. 22. Retrieved July 21, 2024 – viaNewspapers.com.
  16. ^"Japan's Mitsubishi Materials sees H2 copper output up 34% y/y".Reuters. October 2, 2023.
  17. ^Evans, Catherine (7 July 2023). "Companies respond to China's curbs on gallium and germanium exports".reuters.com.
  18. ^"Meta Title: Dowa Holdings Co Ltd Patent for Silver-Plated Material with Two-Layer Plating Structures". July 3, 2024. Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  19. ^"Meta Title: "Dowa Holdings Co Ltd Patent: Copper Alloy Sheet Material Composition". July 3, 2024. Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  20. ^"Dowa Holdings Co Ltd - Company Profile and News - Bloomberg Markets".Bloomberg News. July 3, 2024. Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  21. ^"About DOWA Holdings Co Ltd (5714.T)".reuters.com. RetrievedJuly 3, 2024.
  22. ^"Dowa Holdings Co., Ltd. (DWMNF)".Archived from the original on July 3, 2024. RetrievedJuly 3, 2024.
  23. ^Keun-young, Lee (December 26, 2016)."[News analysis] As global deposits near depletion, urban mining for rare metals".Hankyoreh.
  24. ^Mogi, Chikako (October 10, 2010)."Japan's Dowa raises indium prices by 5,000 yen".Reuters.Archived from the original on June 20, 2024. RetrievedJune 20, 2024.
  25. ^ab"Japanese auto supplier Dowa Metaltech opens US$ 11 million plant in Guanajuato".Mexico Now. November 30, 2017.
  26. ^"Japanese firm to open Lee County plant, add 109 jobs".The News and Observer. August 29, 2018. p. A6 – viaNewspapers.com.
  27. ^Hur, Jae; Suzuki, Ichiro (May 25, 2010)."Dowa to Invest in Copper Mines to Double Ore Procurement Rate".Bloomberg.
  28. ^"American Pacific shares surge on copper results from Palmer VMS project".Mining.com. January 11, 2024.
  29. ^"Recycling of electronic wastes a growing industry".China.org.cn. July 3, 2012.
  30. ^Apisitniran, Lamonphet (September 23, 2016)."Waste management capacity on the rise".Bangkok Post.
  31. ^"Padaeng agrees dividend, focuses on new areas".The Nation. April 26, 2017.
  32. ^"First vertical waste treatment plant for Singapore".Recycling Magazine. September 18, 2016.
  33. ^Mogi, Chikako (October 1, 2010)."Japan's Dowa raises indium prices by 5,000 yen".Reuters.
  34. ^"Dowa Thermotech Creating 109 Jobs, Investing $22.5M In NC".WFMY News 2. August 28, 2018.
  35. ^"Dowa Thermotech completes purchase of property in Sanford".The Chatham News. November 22, 2018. p. 22 – viaNewspapers.com.
  36. ^"Inco finds partner for exploration -- Dowa Mining to fund work in Indonesia, Turkey".Northern Miner. March 1, 1999.
  37. ^"Inco, Dowa to explore in Turkey, Indonesia".National Post. February 24, 1999. p. 42. RetrievedSeptember 6, 2024 – viaNewspapers.com.
  38. ^Brehmer, Elwood (June 14, 2019)."Southeast Alaska metals prospect has major potential, developers say".Anchorage Daily News.
  39. ^Lasley, Shane (July 6, 2023)."Palmer resource upgrade drilling begins".Mining News.

External links

[edit]
Nikkei 225 companies ofJapan
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