Metals & Mineral Resources

100% owned by Marubeni Corporation.
Owns 75% interest in a consortium SPV for Roy Hill Project, KJTC Pty Ltd, which holds 20% interest in Roy Hill Holdings Pty Ltd (RHH), which is operating Roy Hill Project in the Pilbara region of Western Australia.
Marubeni Corporation, POSCO, China Steel (CSC) formed a consortium which ultimately holds an aggregate 30% interest in RHH . (15% Marubeni, 12.5% POSCO, 2.5% CSC) Hancock Prospecting Pty Ltd holds the balance of 70% interest in RHH.

The Project consists of :
- Conventional open pit, bulk mining operation from multiple production pits.
- wet processing plant.
- 344 kilometre single line, heavy haul railway.
- Purpose built, dedicated two berth iron ore port facility at Port Hedland, capable of receiving, stockpiling, screening and exporting 64Mtpa (wet) of direct shipped iron ore as lumps and fines.
Has a defined mineralisation of more than 2.3 billion tonnes of +50% Fe iron ore, of which 1.2 billion tonnes is +55% Fe iron ore.
Dispatched 1st shipment of ore for export on 10th December 2015 successfully.
Achieved its nameplate capacity of 55Mtpa in September 2017.

Mine interests in Australia:

Mine Name (operational)	Location	Major Partner	Production (mtpa)	Marubeni Share
Hail Creek	QLD, Australia	Glencore	9.0	12.0%
Jellinbah East	QLD, Australia	Jellinbah Group	5.0	43.0%
Lake Vermont	QLD, Australia	Jellinbah Group	9.0	38.0%
Roper Creek	QLD, Australia	Anglo American	-	13.6%

Owns 22.5% of interest in Portland Aluminium Smelter in south west Victoria which was started in 1988.
Owns 9% interest in Boyne Smelters (Line 3) located in Gladstone, Queensland and 4.5% interest in Gladstone Power Station.
Has 67,000 tpa equity aluminium ingot from Portland Aluminium smelters and 23,000 tpa equity aluminium ingot from Boyne Smelter (total 90,000 tpa), which is about 6% of total aluminium production in Australia. All ingots are exported to mainly Japan and Asian countries.
Portland Smelter (a joint venture, 55.0% Alcoa, 22.5% CITIC, 22.5% MAA) is the third largest aluminium smelter in Australia and the largest exporter in Victoria with a capacity of 360,000 tpa (currently 15% curtailment).
Boyne Smelter is the second largest smelter in Australia which consists of Line1&2 (300,000 tpa, 73.5% Rio Tinto, 26.5% Japanese Consortium, started in 1982 ) and Line 3 (270,000 tpa, 73.5% Rio Tinto, 9% MAA,17.5% a Japanese consortium, started in 1997).

On October 1, 2001 Marubeni-Itochu Steel Inc (MISI) was launched as a joint venture between Marubeni Corporation and Itochu Corporation steel product divisions.
Marubeni-Itochu Steel Oceania Pty Ltd (MISO) is a 100% subsidiary of MISI and is based in Melbourne covering the Oceania steel market.