TMC-MR, a secondary cobalt smelter based in Toyama Prefecture, Japan, will introduce 10 electrolytic cells for cobalt scrap newly and increase its smelting capacity by 30% to 30 tonnes per month in October 2007. The firm also plans to start production of higher-purity secondary cobalt for sputtering target materials.The firm is a subsidiary of TMC, a dealer of rare metal scrap based in Osaka. TMC divided its secondary cobalt unit into a subsidiary in September 2006. TMC-MR started operation last autumn as the first smelter of secondary cobalt in Japan.TMC-MR currently holds total 20 electrolytic cells for cobalt scrap, a half of which is 2-tonne cells and the rest is 2.5-tonne cells. The firm adds 10 cells with 2-tonne melting capacity by conversion of existent copper smelting cells in the same plant.The firm can supply secondary cobalt ingot of 99.6-99.7% purity and 99.8% as a relatively higher purity level. TMC-MR aims to produce even higher purity ingot of above 99.995% at 1 tonne per month through a separated productive method. The firm already started the test production.Cobalt demand is active at domestic and overseas markets for lithium ion battery and superalloy used into airplanes.
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/02/05| H2 | NewCutting (PRESS) |
| 43700YEN (-) | 46000YEN (-) |
| 280.4US$ (-1.41) | 295.16US$ (-1.48) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
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