Toyota Tsusho Corp., 21.8% owned by Toyota Motor Corp., secures low-cost loans valued up to $120 million from the Japanese government to take a stake in a lithium project operating in northern Argentina by Australian-listed Orocobre Ltd. High-quality lithium is used in hybrid and electric-car batteries. Toyota Tsusho will provide $4.5 million to fund the completion of a feasibility study this year, and take a 25% stake in the project thereafter. Orocobre will continue to own 75% of the ...
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