The strategy outlined in the JX Nippon Mining & Metals Group Long-Term Vision 2040 positions rare metals, which are essential for the production and development of advanced materials, as a central business domain alongside copper. As part of this strategy, Taniobis and the rest of the Group have been working to expand business in functional tantalum powders and other advanced materials. These advanced materials are used in leading-edge semiconductors and capacitors, and demand is increasing steadily in line with expanding demand for mobile devices and telecommunications infrastructure. This growth is expected to continue into the future.