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Business

Toyota to help emerging nations recycle junked cars

Toyota and group companies are stepping up their recycling of scrap cars.

NAGOYA -- Toyota Motor plans to promote the extraction of materials from scrap cars in developing countries by sharing expertise with 100 or so companies.

     Recycling materials used in cars is a new concept in many emerging economies, where the Japanese automaker will support efforts to establish best practices. Toyota-approved plants will be provided with technologies for extracting recyclable resources, such as copper from wire harnesses and dysprosium from motors.

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