Toyota Tsusho Gets Mining Rights of Lithium in Argentina

Toyota Tsusho announced to get mining rights of lithium in Olaroz salt lake, Argentina, in July. The firm plans to start supply between late 2013 and early 2014 and annual around 15,000 tonnes outputs are expected, in lithium carbonate equivalent. It makes significant strides toward the achievement of stable supply of lithium. The preparation to start rare earth output in India is in the final stage. Shipments for Japan are estimated to start this autumn.