11 A.Market Analysis III-11 Current & Future Analysis III-11 Key Players III-11 Nippon Mining & Metals Co., Ltd. 60 Nippon Mining & Metals Co., Ltd (Japan) II-61 Norddeutsche Affinerie AG (Germany) II-61 Norilsk Nickel (Russia) II-61 OM Group Inc. Nippon Oil Corp. and Nippon Mining Holdings Inc. Bucking the trend, Nippon Mining Holdings Inc. surged 11.3 percent to 285 yen, and its larger rival Nippon Oil Corp. leading Nippon Oil and sixth-ranked Nippon Mining Holdings will merge under a holding company by next autumn. Nippon Oil and Nippon Mining jumped after announcing a merger that would cut costs. Japan's top oil distributor Nippon Oil Corp. President Shinji Nishio, center, is surrounded by reporters after a joint press conference with Nippon Mining Holdings Inc. �� Japan's top oil refiner Nippon Oil Corp.
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