Orocobre 2020 Half-Year Financial Results – WEBCAST
Orocobre Limited (ORE:ASX ORL:TSX), a dynamic global lithium chemicals supplier, has conducted an online webcast briefing regarding financial results for the half-year ended 31 December 2019 (H1 FY20).
Orocobre Agrees to Acquire Advantage Lithium Corp.
Orocobre Limited (Orocobre or the Company) is pleased to announce that it has entered into a definitive agreement (the Agreement) pursuant to which Orocobre will acquire 100% of the issued and outstanding shares of Advantage Lithium Corp. (Advantage) that it does not already own.
Beijing outlines plans to improve air quality more in 2020, use more new energy vehicles
Beijing will cut smog levels further this year by putting more new energy vehicles (NEV) on its roads, reducing diesel-fuelled truck numbers and tightening its supervision of vehicle emissions and refined oil products, the city said on Thursday. The Beijing Municipality government also said it will aim to cut emissions in the petrochemical industry.
February 4, 2020
Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specialising in automotive prismatic batteries. This decision comes just over a year since the two companies announced on January 22, 2019 that they had concluded a business integration contract and a joint venture contract toward the establishment of a new company. Toyota and Panasonic have also decided the outline of the joint venture.
Batteries ― as solutions for providing energy for automobiles and various other forms of mobility, and as solutions for various kinds of environmental issues ― are expected to fulfill a central role in society going forward ― a role that supports people’s lives.
The joint venture announced by Toyota and Panasonic will develop highly competitive, cost-effective batteries that are safe and feature excellent quality and performance (in terms of capacity, output, durability, etc.), enabling use with peace of mind by all customers. Furthermore, the joint venture will supply batteries not only to Toyota but also, broadly and stably, to all customers.
The joint venture’s name embraces Toyota’s and Panasonic’s strong determination to provide their customers ― while working in unison with many friends to keep our irreplaceable earth abundant and clean ― broad-ranging, added-value solutions including and beyond the supply of energy in the form of batteries.
Outline of Joint Venture
| Name | Prime Planet Energy & Solutions, Inc. | Location | Tokyo Head Office 2-3-1, Nihonbashi-Muromachi, Chuo-ku, Tokyo Kansai Head Office 194-4, Tokonabe-cho, Kasai-shi, Hyogo-ken |
Start of Operations | April 1, 2020 (planned) | Executive Structure |
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Business |
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Ownership | Toyota: 51%; Panasonic: 49% | No. of Employees | Approximately 5,100 (including 2,400 at a subsidiary in China) |
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