# JX Nippon Mining & Metals to invest ¥12 billion in sputtering target capacity expansion

JX Nippon Mining & Metals Corporation will invest 12 billion yen to increase production capacity for semiconductor sputtering targets by approximately 30%. The equipment is expected to go into operation in stages starting in spring 2022.

- Type: Expansion
- Announced: 2020-12-22
- Where: Japan
- Value: $114.0M (12.0B JPY)
- Starts operating: Apr 2022
- Status: announced
- Capacity: approximately 30% increase
- Products: sputtering targets, copper, copper alloys, titanium, tantalum
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [JX Nippon Mining & Metals Corporation](https://endata.com/companies/38365.md)

## Sources

- [jx-nmm.com](https://www.jx-nmm.com/english/newsrelease/2020/20201222_02.html), 2020-12-22: "The Company aims to raise production capacity by approximately 30 percent."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.