LG Energy Solution and Toyota Tsusho formed a joint venture Green Metals Battery

LG Energy Solution, a global battery manufacturer based in South Korea, and Toyota Tsusho, the trading and investment arm of the Toyota Group, formed a joint venture Green Metals Battery, a joint venture focused on battery recycling. Financial terms were not disclosed. "This joint venture will not only help secure a stable supply of key battery materials but also enhance the competitiveness of our recycling business in North America. We are fully committed to leading the recycling market through innovative and differentiated technologies," Chang Beom Kang, LG Energy Solution CSO.