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		<link>http://revengeoftheelectriccar.com/toyota-digs-for-lithium/</link>
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		<pubDate>Wed, 20 Jan 2010 23:59:09 +0000</pubDate>
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				<category><![CDATA[Battery Technology]]></category>
		<category><![CDATA[International Business Deals]]></category>
		<category><![CDATA[Argentina]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Lithium Batteries]]></category>
		<category><![CDATA[Orocobre Ltd.]]></category>

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		<description><![CDATA[  Keflex 250mg, Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd.
For more information read:
Toyota in Argentine Lithium Deal for Hybrid Car Push
By Eriko Amaha for Reuters.
From the [...]]]></description>
			<content:encoded><![CDATA[<p> <blockquote> <b>Keflex 250mg</b>, Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd.</p>
<p>For more information read:</p>
<p><a href="http://abcnews.go.com/Business/wirestory?id=9608959&amp;page=1">Toyota in Argentine Lithium Deal for Hybrid Car Push</a></p>
<p>By Eriko Amaha for Reuters.</p>
<p>From the Reuters post:</p>
<p>"A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world's largest automaker keep its lead in gasoline-electric hybrid cars, <b>pen vk 250 mg</b>.</p>
<p>The deal sent shares in the lithium project's owner and operator, <b>Keflex 500 mg dosage</b>, Australian-listed Orocobre Ltd, soaring almost 50 percent to an all-time high.</p>
<p>Lithium, <b>keflex 100 mg</b>, a highly reactive and versatile metal, <b>Pen vee k 250 mg</b>, is expected to be in increasing demand as carmakers choose costly but more efficient lithium-ion batteries to power hybrid and electric vehicles.</p>
<p>"When it comes to mass production of hybrids, the main hurdle has been a shortage of batteries," said Yoshihiko Tabei, chief analyst at Kazaka Securities, <b>keflex 250mg</b>. "Toyota is taking a step on its own to secure the materials it needs to ensure stable production." ...</p>
<p>Subject to the finalization of the terms, <b>cephalexin 500 mg for dogs</b>, Toyota Tsusho will acquire a 25 percent equity interest in the joint venture while Orocobre will continue to own the remaining 75 percent of the project and will operate the venture."</p>
<p></p>
<p>Toyota in Argentine Lithium Deal for Hybrid Car Push</p>
<p>http://abcnews.go.com/Business/wirestory?id=9608959&amp;page=1</p>
<p>Toyota in Argentine Lithium Deal for Hybrid Car Push<br />
By Eriko Amaha<br />
Reuters</p>
<p>SYDNEY/TOKYO</p>
<p>A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world's largest automaker keep its lead in gasoline-electric hybrid cars.  <b>Pen vee k 250 mg</b>, 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, <b>keflex 500 mg qid</b>.</p>
<p>Lithium, <b>Penicillin v 250 mg</b>, 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.  <b>Keflex 250mg</b>, "When it comes to mass production of hybrids, the main hurdle has been a shortage of batteries," said Yoshihiko Tabei, chief analyst at Kazaka Securities. "Toyota is taking a step on its own to secure the materials it needs to ensure stable production."</p>
<p>Toyota Tsusho Corp, <b>amoxicillin 500 mg sinus infection</b>, a trading house and key Toyota supplier 22 percent-owned by the automaker, <b>Keflex capsules 500mg</b>, said it would jointly develop a new lithium project in Argentina with Orocobre.</p>
<p>Orocobre shares jumped to a record peak of A$2.04 in its heaviest ever trading volume. The stock has risen almost 10-fold in the past 12 months, <b>pen vk 250 mg</b>, and closed up 32 percent at A$1.85.  <b>Keflex 500 mg dosage</b>, Toyota Tsusho rose 6 percent, while Toyota Motor's stock ended down 0.9 percent, roughly in line with other auto shares, <b>keflex 100 mg</b>.</p>
<p>STEP CHANGE IN DEMAND</p>
<p>The Salar de Olaroz project in Argentina is estimated to cost around $80-$100 million, with the final figure to be determined after a feasibility study, Orocobre spokesman Paul Ryan said, adding the study should be complete by end-September, <b>keflex 250mg</b>.</p>
<p>"As environmentally friendly electric car demand continues to grow, <b>Keflex 500mg dosage</b>, Toyota Motor will have the opportunity to become a cornerstone offtake customer," Orocobre said in a statement.</p>
<p>Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models, <b>keflex pulvules 500mg</b>.</p>
<p>Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs.  <b>Keflex 750 mg dosage</b>, Toyota aims to double its global output of gas-electric hybrid cars to 1 million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported this month, <b>pen vk 250</b>.  <b>Keflex 250mg</b>, Orocobre went public in December 2007 and now has a current market capitalization of nearly A$150 million.</p>
<p>Managing Director Richard Seville said the lithium market had been growing at a compound annual growth rate of about 7 percent between 1997 and 2007, <b>Amoxicillin 500 mg sinus infection</b>, before the global financial crisis, thanks largely to demand from consumer electronics makers.</p>
<p>"That growth will continue, <b>keflex 100 mg</b>, but on top of that we have the step change in demand with a new application which is in large format batteries for use in electrical vehicles, <b>Keflex pulvules 500mg</b>, " Seville told Reuters.</p>
<p>Houston-based James Calaway, non-executive chairman, <b>penicillin v 250 mg</b>, and his family members hold an 11 percent stake in Orocombre, <b>Keflex capsules 500mg</b>, while other board members own a further 15-20 percent, Seville said.</p>
<p>JAPAN SEEKS RARE METALS</p>
<p>Subject to the finalization of the terms, <b>keflex 750 mg dosage</b>, Toyota Tsusho will acquire a 25 percent equity interest in the joint venture while Orocobre will continue to own the remaining 75 percent of the project and will operate the venture.  <b>Pen vk 250 mg</b>, The Japanese government-affiliated Japan Oil, Gas and Metals National Corp (JOGMEC) is looking to take a part of Toyota Tsuho's 25 percent stake, as part of Japan's efforts to secure stable sources of rare metals, <b>cephalexin 500 mg for dogs</b>, government officials said.</p>
<p>"Rare metals are essential not just for the high-tech sector but for Japan's manufacturing industry overall," said Hiroshi Kuwayama, a deputy director at Japan's Agency for Natural Resources and Energy.</p>
<p>"With other countries, such as China, investing in mines around the world, we want to be more aggressive to support the private sector in securing stable supplies."</p>
<p>Boliva has around 50 percent of the world's lithium reserves, but does not yet mine the metal, while Chile, China and Brazil also hold big reserves.</p>
<p>(Additional reporting by Mayumi Negishi in TOKYO and Leonora Walet in HONG KONG; Editing by Mark Bendeich and Lincoln Feast)</blockquote>.</p>
<p></p>
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