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Pacific Metals Co., Ltd. (PAMCO, TSE 5541) makes ferronickel, an alloy of about 15 % nickel and 85 % iron that stainless-steel mills use as their main raw material. It buys oxidised (laterite) nickel ore from overseas and smelts it in electric furnaces at its Hachinohe Works in Aomori, Japan.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 3 suppliers. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
NAC's FY2025 17-A (Item 12 / Note 30a): 'The Group supplies saprolite ore to PAMCO. PAMCO is a stockholder of the Parent Company, RTN and TMC.' RTN supplies saprolite ore to PAMCO with Sojitz as agent; 'PAMCO owns 36% and Sojitz owns 4% of the outstanding capital stock of RTN'; TMC also sells ore to PAMCO. 'The Group's revenue from sale of ore to PAMCO and/or Sojitz amounted to P266.5 million, P365.0 million and P487.2 million in 2025, 2024 and 2023.' PAMCO 'uses the material as feed for its ferronickel smelters.'
PAMCO annual securities report FY ended March 2025, material contracts table: 'MAI KOUAOUA MINES S.A.R.L (New Caledonia)' nickel ore long-term purchase contract (ニッケル鉱石 長期購入契約) signed 2024-09-12, term Jan 2024 to Dec 2033 (10 years), plus a second MKM Graziella contract signed 2025-03-15 for Jan 2026 to Dec 2035. The report states nickel ore 'is currently imported from the Philippines and New Caledonia' under long-term purchase contracts with each supplier mine. Mines in New Caledonia; ore is smelted to ferronickel at PAMCO Hachinohe Works, Aomori, Japan. The FY ended March 2024 results briefing puts New Caledonia at 40 % of PAMCO's 5,500 Ni-t ore purchases. No tonnage per supplier disclosed.
PAMCO annual securities report FY ended March 2025, material contracts table: 'Societe Miniere Georges Montagnat S.A.R.L. (New Caledonia)' nickel ore long-term purchase contract signed 2015-09-30, term Apr 2016 to Mar 2026 (10 years); the report states ore 'is currently imported from the Philippines and New Caledonia'. The FY ended March 2024 results briefing says PAMCO 'has had transactional relations with Montagna for more than 20 years' and puts New Caledonia at 40 % of ore purchased. Mines in New Caledonia; smelter Hachinohe Works, Aomori, Japan. No tonnage per supplier disclosed.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
2 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 999 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
PAMCO FY3/2025 securities report, material contracts: two nickel-ore long-term purchase contracts with MKM (signed 2024-09-12, Jan 2024-Dec 2033; and MKM Graziella signed 2025-03-15, Jan 2026-Dec 2035). Tonnage and share not disclosed.
NAC FY2025 17-A: 'A portion of the saprolite ore is also sold to PAMCO in Japan, which uses the material as feed for its ferronickel smelters'; 'Two of its key shareholders, SMM and PAMCO, are also its customers.'
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 1 of its 1 materials — a restriction on those is a tailwind, not a headwind.
No actions in the register have named or swept this company in the last 24 months.