TOKYO, Jun 09 (Pulse News Wire) – Ikuyo CO.,LTD. (7273.T) announced today that its subsidiary Tamadai Co., Ltd.
Entered into a business alliance with Shintetsu Holdings Co., Ltd. to jointly produce recycled aluminum ingots. The agreement was approved during a board meeting held on June 09, 2026. Tamadai and Shintetsu Holdings plan to construct and operate a state-of-the-art plant focused on environmentally friendly secondary aluminum alloy manufacturing. The facility will utilize advanced equipment housed indoors to minimize environmental impact, focusing solely on melting, casting, and refining processes.
Shintetsu Holdings will supply pre-treated high-quality aluminum scrap materials, while Tamadai will manufacture high-grade recycled aluminum ingots using its proprietary technology. Both companies will invest jointly in the construction of a clean production building approximately 500 square meters in size and modern manufacturing facilities. Tamadai Co., Ltd. was established on January 26, 1984 with a capital of ¥496 million. Its main operations include the manufacturing, processing, sales, and export of die-cast products.
Shintetsu Holdings, founded on July 01, 1966, specializes in metal recycling and has a capital of ¥2.874 billion.
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