Industrial giants invest in lithium (February 2010, Industrial Minerals)
The lithium industry received a significant boost last month after some of the world’s biggest industrial powers entered the fray through investments in junior lithium companies.
South Korea’s Pohang Iron and Steel Co. (POSCO) and Japanese trader, Toyota Tsusho Corp. 22% owned by the world’s largest car manufacturer Toyota Motor Corp. entered the industry through respective investments in Pan American Lithium (PAL) Inc. (formerly Etna Resources Inc.) and Orocobre Ltd.
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