Lithium miner Orocobre and its joint venture partner Toyota Tsusho Corporation have approved the development of the $77.6-million Naraha lithium hydroxide plant, in Japan.
“We are excited to announce the approval of the Naraha project. The construction of the Naraha lithium hydroxide plant will further cement Orocobre’s position as a global lithium chemicals producer operating at the bottom quartile of the lithium cost curve,” said MD and CE Martin Perez.