Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million
Green Car Congress
JANUARY 17, 2018
Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Lithium brine operations typically have a much lower cost of production than hard-rock lithium deposits.
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