Hitachi Metals Amorphous Metal Recycling Plant
Tokyo, Japan, February 28, 2013 Hitachi Metals, Ltd. (TOKYO:5486) (ISIN :JP3786200000) (hereinafter referred to as "Hitachi Metals" ) is pleased to announce that it has established a recycling plant in Matsue City, Shimane Prefecture, to handle the amorphous metal cores used in amorphous transformers. The facility is scheduled to begin full-fledged operations from this April. The work has begun to process, melt, and reuse the amorphous metal materials from this plant at the Hitachi Metals Metglas Yasugi Works (Yasugi City, Shimane Prefecture) and put them to use. With this initiative, Hitachi Metals has successfully established a viable recycling business model in this growing field.
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