nissho nike：Nissho Iwai Corporation │ History by Company

Nissho Merges with Iwai Sangyo, a Company with a Formidable Metals Business

When Nissho Iwai Corporation was founded in 1968, Japan was in the midst of a period of rapid economic growth. One significant challenge was securing a stable supply of energy amidst economic hurdles such as the oil shock. In 1973, Nissho Iwai concluded a contract for an LNG development project in Indonesia, which was said to be Japan’s largest LNG introduction project. The company also launched a campaign to sell  refined uranium ore  to the French Atomic Energy Commission and Japanese power companies, as well as acquired the  right to distribute  Cogéma’s (currently, AREVA)  nuclear fuels in Japan in 1980.

In its  steel and metals business, Nissho Iwai imported iron ore from Brazil, India and South Africa and also developed coal mines in Canada, Indonesia and Australia.In terms of non-ferrous metals, Nissho Iwai developed the Mamut Copper Mine in ...