Toyota digs for Lithium
Revenge of the Electric Car
JANUARY 20, 2010
The deal sent shares in the lithium project’s owner and operator, Australian-listed Orocobre Ltd, soaring almost 50 percent to an all-time high. Lithium, a highly reactive and versatile metal, is expected to be in increasing demand as carmakers choose costly but more efficient lithium-ion batteries to power hybrid and electric vehicles.
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