Welcome To the Stock Synergy, Momentum & Breakout HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Magna and toyota partner with mning companies for Lithium and Rare earth mineral

Magna and toyota partner with mning companies for Lithium and Rare earth mineral

posted on Jan 07, 2010 08:25AM

I am not sure that two instants of manufacturers buying into mining companies is a trend, and I am not sure what this will mean long term.... but interesting to figure out how to make money on this possible trend

Back to our Lithium discussion. I found this article this morning regarding Magna buying into a Lithium producer. Magna will produce Li ion batteries for cars.

http://www.theglobeandmail.com/report-on-business/magna-buys-stake-in-small-lithium-miner/article1421528/

which led me to remember this article

http://www.gwmg.ca/media/news/2009/great-western-minerals-group-and-toyota

toyota signs a non binding letter of intent with Great Western minerals, for rare earth minerals for electric cars.

Share
New Message
Please login to post a reply