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Japan's Toyota Tsusho seeks to strike gold with rare metal recycling
Japan💼 Business5 hr. ago

Japan's Toyota Tsusho seeks to strike gold with rare metal recycling

Toyota Tsusho, a major Japanese trading company, has set ambitious goals to become the world's leading recycler of metal scrap by the early next decade. The company plans to invest 1.2 trillion yen (approximately $7.4 billion) by March 2028 to achieve this goal. This investment focuses on extracting valuable metals from scrap without needing to own mines. Toyota Tsusho recently acquired U.S.-based Radius Recycling in 2025, which is expected to play a significant role in achieving these objectives. The initiative reflects growing global interest in sustainable resource management and reducing reliance on traditional mining operations.

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Nikkei Asia logoNikkei AsiaIndependent🔒Center
Japan's Toyota Tsusho seeks to strike gold with rare metal recycling

Toyota Tsusho, a major Japanese trading company, has set ambitious goals to become the world's leading recycler of metal scrap by the early next decade. The company plans to invest 1.2 trillion yen (approximately $7.4 billion) by March 2028 to achieve this goal. This investment focuses on extracting valuable metals from scrap without needing to own mines. Toyota Tsusho recently acquired U.S.-based Radius Recycling in 2025, which is expected to play a significant role in achieving these objectives. The initiative reflects growing global interest in sustainable resource management and reducing reliance on traditional mining operations.

Bias read (Center): The article discusses a corporate strategy related to recycling and investment, which does not involve political controversy or ideological framing. It presents factual information about a business plan without apparent bias or slant.

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