Mitsubishi Materials Corporation (Mitsubishi Materials) and Panasonic Corporation announced that Mitsubishi Materials and Panasonic's Lifestyle Appliances and Solutions Company (Panasonic) have jointly established and are operating a PMP (Product-Material-Product) loop, which reutilizes gold, silver, and copper recovered from waste printed circuit boards of discarded home appliances, primarily within the Panasonic Group. This PMP loop is the industry's first scheme to achieve consistent resource recycling, through which urban mine resources have been reused, reaching cumulative totals of 1.1 tons of gold, 33 tons of silver, and 8,100 tons of copper.
Mitsubishi Materials is a Japan-based company that manufactures and supplies cement, metal, automotive and electronic products for the industrial sector.