I'm guessing market of Li players down today because of Roskill saying plenty of Li Carbonate around etc etc
But it seems Toyota don't agree (had posted this on other forum):
Lithium producer Orocobre will raise $361 million to more than double lithium production capacity at the Olaroz operation in Argentina and to cover the cost of constructing a beneficiation plant in Japan.
Almost 79 per cent of those funds, or $282 million, will be contributed by a subsidiary of Japanese automobile giant Toyota, which will pay $7.50 for each of the 37.5 million shares it will receive under a placement.
If approved, the placement will give Toyota 15 per cent of Orocobre.
These guys were fuel cell crazy, they seemed to have changed suddenly.
I would think this is pretty darn bullish IMO.
latest lithium news, page-42
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