Toyota Tsusho to acquire 15% stake in Australian based lithium mining company Orocobre
By Charged EVs Toyota Tsusho, a member of the Toyota Group, announced that it has signed a Share Subscription Agreement with Orocobre Limited to become a 15% shareholder. The total investment amount will be about AUS $292 million.
The company believes that lithium demand is expected to continue growing with the shift to EV, …read more