JX Advanced Metals ramps up magnetic sputtering target capacity, targets 1.5x 2025 level by mid-2029

Bitget2026/09/29 08:56

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JX Nippon Mining & Metals will further expand production capacity for magnetic sputtering targets used in hard disk media.
Plan targets a 1.5x increase versus 2025 capacity levels by mid-2029, including an expansion announced on June 11, 2026.
Investment reflects rising data-center storage demand tied to generative AI, cloud services, sustained HDD growth expectations.
Capacity build also positions the business for HDD technology shifts from PMR to HAMR, requiring new media materials.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JX Nippon Mining & Metals Corporation published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JX Advanced Metals ramps up magnetic sputtering target capacity, targets 1.5x 2025 level by mid-2029

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