# Who does Mitsubishi pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/mitsubishi · Facet: suppliers · Updated: 2026-11-05T17:25:25.105+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Mitsubishi discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 4 dated sources, 1 of them primary filings (as of 2026-11-05).

### Copper World LLC (Hudbay 합작) (high)
- metric: Amount $1B · commitment as of 2026-10-21 · Expected cumulative investment for a 30% stake in Copper World LLC: $420m paid, $180m earlier commitment and up to $423m additional
- note: Mitsubishi subsidiary MC Americas Resources holds 30% of Copper World LLC with Hudbay at 70%. Following the October 2026 FID, expected cumulative investment is $1.023B, comprising $420M already paid, a $180M earlier development commitment and up to $423M additional funding. The mine-wide annual copper target of about 100,000 tonnes begins after first production targeted for H2 2029; it is not Mitsubishi-only output.
- [confirms] Mitsubishi Corporation (EN, ir, published 2026-10-21) https://www.mitsubishicorp.com/jp/en/news/release/2026/20261021001.html: "Mitsubishi expects its cumulative Copper World investment to total $1.02 billion, including a new $423 million equity contribution."
- [confirms] Global Economic (KO, news, published 2026-10-21) https://www.g-enews.com/article/Global-Biz/2026/10/202610211628062267e7e8286d56_1: "Korean reporting states an additional JPY65.6 billion, about JPY152.6 billion cumulative investment, 30% ownership and H2 2029 first production."
- [confirms] Mitsubishi Corporation (JA, ir, published 2026-10-21) https://www.mitsubishicorp.com/jp/ja/news/release/2026/20261021001.html: "The Japanese release confirms Hudbay’s 70% and Mitsubishi’s 30% interests and targets first production in H2 2029."
- [confirms] U.S. SEC EDGAR (EN, filing, published 2026-10-21) https://www.sec.gov/Archives/edgar/data/1322422/000106299326005462/exhibit99-1.htm: "Hudbay’s 6-K exhibit confirms the joint FID and Mitsubishi’s up-to-$423 million future equity contribution."

### 미쓰비시자동차 (전략 주주) (high)  → /mitsubishi-motors.md
- metric: voting stake 22.23% · 2026-03-31 · Voting stake excluding treasury shares
- note: Mitsubishi Corporation was the second-largest shareholder with 22.23% of voting shares excluding treasury stock at March 31, 2026, linking overseas distribution, finance ventures and parts trade.
- [confirms] Mitsubishi Motors (EN, filing, published 2026-06-16) https://www.mitsubishi-motors.com/en/investors/library/pdf/260616yuka_e.pdf: "Mitsubishi Motors’ filing reports Mitsubishi Corporation’s voting stake at 22.23%."
- [confirms] Mitsubishi Motors IR (EN, ir, published 2026-03-31) https://www.mitsubishi-motors.com/en/investors/stockinfo/overview.html: "Mitsubishi Motors reports Nissan at 26.67% and Mitsubishi Corporation at 22.23% of voting rights as of March 31, 2026."

### LNG Canada 컨소시엄 (Shell·Petronas·PetroChina·KOGAS) (high)
- note: Mitsubishi participates in the Shell-led consortium through Diamond LNG Canada. The September 2026 Phase 2 FID doubles liquefaction capacity from 14 to 28 mtpa, using the existing pipeline and parts of the plant infrastructure as a long-duration capital-spending axis.
- [confirms] Mitsubishi Corporation (EN, ir, published 2026-09-29) https://www.mitsubishicorp.com/jp/en/news/release/2026/20260929001.html: "The Phase 2 FID doubles LNG Canada capacity from 14 to 28 mtpa and is expected to lift Mitsubishi Corporation's 15%-share offtake to 4.2 mtpa from the early 2030s."
- [confirms] Sisa Economy (KO, news, published 2026-09-29) https://www.sateconomy.co.kr/news/view/1065612246386956: "Korea Gas's filing and partner announcements confirm the five participants approved Phase 2 FID, doubling annual capacity from 14 to 28 million tonnes."
- [confirms] Mitsubishi Corporation (EN, filing, published 2026-05-01) https://www.mitsubishicorp.com/jp/en/ir/library/earnings/pdf/202605e.pdf: "Participates in LNG Canada via Diamond LNG Canada with partners Shell, Petronas, PetroChina and Korea Gas Corporation; Diamond LNG Canada PP&E and right-of-use assets ¥428.7 billion and ¥236.4 billion."
- [confirms] Mitsubishi Corporation (EN, news, published 2025-07-01) https://www.mitsubishicorp.com/jp/en/news/release/2025/20250701001.html: "LNG Canada is a joint-venture export terminal led by Shell and including Petronas, PetroChina, Mitsubishi and Korea Gas."

### 보이저 테크놀로지스 (Starlab 우주정거장 JV) (mid)  → /voyager-technologies.md
- note: Part of the trading house's space and new-domain investment portfolio — Mitsubishi Corporation joined MDA Space and Palantir in taking a minority stake in Voyager's Starlab commercial space-station JV. A strategic investment aimed at post-ISS low-earth-orbit commercialization; individual contributions undisclosed (per Voyager's 10-K).
- [confirms] U.S. SEC EDGAR (EN, filing, published 2026-03-10) https://www.sec.gov/Archives/edgar/data/1788060/000162828026016543/voyg-20251231.htm: "Voyager 10-K: Mitsubishi is an equity partner alongside MDA Space and Palantir in the Starlab JV."

### Ovintiv (셰일가스 상류 조달 파트너) (mid)
- note: Develops North American shale gas upstream jointly with partner Ovintiv. Subsidiary CDGR revised its agreement with Ovintiv in Oct 2025, transferring assets/liabilities to a new company treated as a joint operation (40% stake); CDGR property, plant and equipment book value ¥284.0B. Core gas procurement/production cost.
- [confirms] Mitsubishi Corporation (EN, filing, published 2026-05-01) https://www.mitsubishicorp.com/jp/en/ir/library/earnings/pdf/202605e.pdf: "Subsidiary CDGR operates a shale gas development business with partner Ovintiv; effective Oct 1, 2025 treated as a joint operation (40% stake), CDGR property, plant and equipment book value ¥284.0 billion."

Reverse side: https://valuechain.wiki/mitsubishi/customers.md · Ripple: https://valuechain.wiki/mitsubishi/ripple.md

---
Full node: https://valuechain.wiki/mitsubishi.md · JSON: https://valuechain.wiki/mitsubishi.json