Talison Lithium Ltd., a global producer of lithium, and Sojitz Corp., a Japanese trading firm and supplier of rare earth materials, have signed a memorandum of understanding (MOU) to discuss collaborative marketing and distribution opportunities in Japan for lithium carbonate produced by Talison.
Talison says the MOU will provide mutual benefits and ensure the sustainable growth of the lithium-ion battery market, as well as allow Sojitz to support its customers in the Japan market.
The MOU serves as a framework for the two companies to discuss collaboration opportunities on a non-binding basis and is valid for an initial period of 12 months, according to Talison.
