18/06/2025

Nippon Light Metal Company Limited

Capital Participation in Recycled Aluminum Alloy Business in India

　Nippon Light Metal Company Limited (CEO：Ichiro Okamoto、HQ：Minato-Ku, Tokyo, hereafter “NLM”) decided to begin capital participation in CMR Eco Aluminium Private Limited (CEO: Mohan Agarwal, HQ: Faridabad, India, Hereafter CMR Eco)、a manufacturer of recycled aluminum alloys in India, and both companies signed a joint venture agreement on 30^th May 2025.

CMR Eco, is a company which is able to acquire a stable supply of scrap, and transform it into recycled content aluminum through its segregation and processing technologies. In addition to gaining a foothold in the rapidly growing Indian market, the main goal of NLM’s capital participation in CMR Eco is to synergize these capabilities with the expertise of NLM Group to build a low carbon billet supply system for the Japanese domestic market together.
A further goal is for NLM Group to process these low carbon billets at its plants, and offer low carbon products to its customers.

At NLM Group, “Reducing greenhouse gas emissions in the supply chain (scope 3)”, and “Developing and providing low-carbon products” and services are Material Issues. To fulfill these missions it is necessary for the group to reform its current vertically integrated supply chain fed by imported fresh primary aluminum ingots, into a cyclic operation making use of recycled materials and integrating a global metal flow.

Through this capital participation NLM will strengthen its position as a supplier of products with a high environmental value, and accelerate its initiatives to provide sustainable value, as well as its contributions to making a low carbon society a reality.

Outline of Company（After Capital Participation）

Firm Name：CMR NLM Eco Private Limited（Previously CMR Eco Aluminium Private Limited）

Factory Location：Tirupati, Andhra Pradesh

CEO：Mohan Agarwal

Capital：INR 2.81 billion

Shareholding Structure：CMR Green Technologies Private Limited　80％
Nippon Light Metal Company Limited　20％

Site Area：156,773㎡

Business Outline: Manufacturer of low carbon aluminium alloy billets and ingots

New Organization Date：1^st July 2025

＜Reference＞
Outline of Parent Company: CMR Green Technologies Private Limited

Firm Name：CMR Green Technologies Private Limited

Headquarters Location：Faridabad, Haryana

CEO：Mohan Agarwal

Capital：INR 15.21 billion

Business Outline: Collection and sorting of non-ferrous scrap, and manufacture of aluminum and zinc alloys

Employees：Around 4,200 employees

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