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

• 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.