Tokyo, May 14 (Jiji Press)--Two of four major Japanese nonferrous metal producers enjoyed record group net and recurring profits in fiscal 2007 that ended in March, as they put emphasis on mine development projects abroad. The two are Mitsubishi Materials Corp. and Sumitomo Metal Mining Co. .

Tokyo, March 14 (Jiji Press)--Mitsubishi Materials Corp. said Friday it will invest 33.5 billion yen to boost the production capacity of its polycrystalline silicon factory in Yokkaichi, Mie Prefecture, western Japan.

Tokyo, Nov. 13 (Jiji Press)--Major Japanese nonferrous metal producers enjoyed hefty earnings in the April-September first half of fiscal 2006 thanks to surging prices of copper, zinc and other metals. Mitsubishi Materials Corp. , Sumitomo Metal Mining Co. , Mitsui Mining and Smelting Co.

By Kyodo News International, Tokyo Oct. 2--TOKYO -- Mitsubishi Materials Corp. said Monday it will set up in the southern Indian industrial city of Bangalore a firm that will sell hard metal tools for car-making use in view of robust demand for cars and car parts there. MMC Hardmetal India Pvt.

By Kyodo News International, Tokyo Aug. 2--TOKYO -- Mitsubishi Materials Corp. said Wednesday its group net profit for the April-June quarter tripled from a year earlier due to strong demand for automobile- and electronics-related products.