Toyota Tsusho Makes Japan’s First Investment in Malaysian Mining and Refinement of Glass Raw Materials

Toyota Tsusho Corporation (headquarters: Nagoya City; President: Jun Karube) announces that it has agreed to acquire a 20% stake in Malaysian silica sand mining and refinement company Terengganu Silica Consortium Sdn.Bhd. Toyota Tsusho currently trades approximately 550,000 tons of silica sand annually, equal to approximately 50% of the Japanese market. The Company owns stakes in Australian silica sand mining and refinement companies, and the new...

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