NAGOYA, Japan -- An electric vehicle battery venture owned by Toyota Motor and Panasonic Holdings has struck a deal to access lithium from a U.S. mine held by Australian company ioneer, the commodities supplier said Monday.
Supply Chain
Toyota-Panasonic battery venture gains U.S. lithium supply
5-year deal with Australian miner combats shortage of crucial EV material
Toyota Motor and Panasonic Holdings want to establish a U.S. lithium supply chain through their battery joint venture Prime Planet Energy & Solutions. (Nikkei montage)
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