CITIC Guoan with Toyota to launch new energy cooperation
CITIC Guoan (000,839) of today’s announcement, with Japan’s Toyota Tsusho Corporation, on the lithium carbonate and lithium salts series of downstream products, especially new energy applications in-depth discussions on cooperation and signed a “letter of intent.”
The main contents of a letter of intent include: China and Japan to establish a long-term partnerships and joint ventures on both the production and sale of battery grade lithium carbonate and its downstream products of new energy industry matters for further explored; the two sides will explore the basis of battery grade lithium carbonate Apple laptop battery materials and other products including battery development and marketing aspects of cooperation; CITIC Guoan designated Japan as a sole agent in Japan, and the Japanese side in the direction of not less than annually a certain amount of lithium carbonate products A1185 battery , A1061 battery.
The main contents of a letter of intent include: China and Japan to establish a long-term partnerships and joint ventures on both the production and sale of battery grade lithium carbonate and its downstream products of new energy industry matters for further explored; the two sides will explore the basis of battery grade lithium carbonate Apple laptop battery materials and other products including battery development and marketing aspects of cooperation; CITIC Guoan designated Japan as a sole agent in Japan, and the Japanese side in the direction of not less than annually a certain amount of lithium carbonate products A1185 battery , A1061 battery.
Japan as the Toyota Group, the only trading company in order to auto-related businesses as the spindle, has maintained a steady pace.
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