History

August 1965 The company was founded by the three companies: Inco Limited (Canada), Shimura Kako Co Ltd, and Mitsui & Co Ltd with a Capital of 500 million yen
March 1967 Manufacture of Nickel Oxide Sinter 75 from Canadian nickel sulfide matte raw material is started after fluidized roasting technology was introduced by Inco Limited
July 1970 Capital participation by Sumitomo Metal Mining Co Ltd
April 1973 Participation in the Inco Limited Soroako Project with the objective of developing the laterite nickel deposits in the Soroako area of Sulawesi in the Republic of Indonesia
December 1975 Capital participation by Sumitomo Corporation and Nissho Iwai Corporation
December 1976 Capital increased to 750 million yen
May 1978 Nickel Oxide Sinter 75 operations using Indonesian Soroako nickel sulfide matte raw material start
January 1982 Tonimet production starts
July 1982 Utility Nickel production starts
October 1982 Capital participation by Daido Steel Co Ltd and the Industrial Bank of Japan, Limited
October 1983 The Tonimet Manufacturing Facility No 1 Furnace completed and operation starts
September 1984 The Briquette Manufacturing Facility is moved
December 1984 Transfer of all shares held by Shimura Kako Co Ltd to the three companies and capital participation by Nippon Yakin Kogyo Co Ltd
August 1985 The Tonimet Manufacturing Facility No 2 Furnace completed and operation starts
December 1985 Tonimet 97 production starts
August 1987 The No 2 Contact Process Manufacturing Facility is completed and operation starts
September 1987 Fluidized Roasting Furnace No 2 is completed and operation starts
February 1990 The Tonimet Manufacturing Facility No 3 Furnace completed and operation starts
July 1992 The new office for the Matsusaka Refinery is completed
March 1993 Fluidized Roasting Furnace No 3 and the No 3 Contact Process Manufacturing Facility are completed
June 1993 Fluidized Roasting Furnace No 1 and No 1 Contact Process Manufacturing Facility operations are closed down
July 1993 Fluidized Roasting Furnace No 3 and No 3 Contact Process Manufacturing Facility operations start
March 1995 Capital is increased to 1 billion yen
January 1996 The employee stock ownership plan is established
January 1997 Construction to increase the capacity of the Fluidized Roasting Furnace No 3 and No 3 Contact Process Manufacturing Facility is completed
March 1999 Transfer of goodwill from Inco Limited Japan branch; third-party allocation of shares; capital increased to 2 billion yen; Inco Limited shareholding ratio is 66.7%
April 1999 The company name is changed to Inco Tokyo Nickel Co Ltd on April 1
March 2002 The head office is moved to Nihonbashi Ningyocho, Chuo-ku, Tokyo
October 2002 ISO 14001 certification
May 2003 ISO 9001 certification
November 2004 New briquette machines introduced
May 2005 Inco Limited shareholding ratio changes from 66.7% to 67.1%
January 2007 The Inco Limited company name is changed to CVRD Inco Limited
November 2007 CVRD Inco Limited company name is changed to Vale Inco Limited
March 2008 The company name is changed to Vale Inco Japan Limited on October 3 and the head office is moved to Atago 2-Chome, Minato-ku, Tokyo
April 2009 The employee stock ownership plan is dissolved and Vale Inco Limited acquires its 10,000 shares, increasing their shareholding ratio to 67.5%
October 2009 200,000 shares are acquired from Daido Steel Co Ltd to increase Vale Inco Limited shareholding ratio to 76.1%
September 2010 The company name is changed to Vale Japan Limited on September 1
February 2011 160,000 shares are acquired from Mitsui & Co Ltd, 60,000 shares are acquired from Sumitomo Corporation, and 40,000 shares are acquired from Sojitz Corporation, increasing Vale Canada Limited shareholding ratio to 87.2%
October 2011 The Asian Technical Center (ATC) is established at the Matsusaka Refinery
November 2011 A pilot plant is introduced for the development of TMT98 briquettes
January 2016 Head office is relocated to Matsusaka City, Mie and Tokyo office is closed