International Battery Metals Ltd (IBATF)

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Announcing the Conclusion of an Exclusive Agent for Lithium Carbonate Produced in the United States for Sale in Japan, Korea and China
Jul. 22, 2020
Sumitomo Corporation

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo) entered into an exclusive distributorship agreement with US MAGNESIUM LLC (Head office: Utah, USA; “USMag”) for lithium carbonate for sale in Japan, Korea and China. Sumitomo Corporation plans to begin selling USMag’s lithium carbonate in August 2020.

https://www.sumitomocorp.com/en/jp/news/release/2020/group/13610

Sumitomo Corporation
https://www.sumitomocorp.com/en/jp

Sumitomo CEO on Growth Areas, Weak Yen Impact
2,092 views Jul 1, 2024

One of Warren Buffett’s favorite Japanese trading houses, Sumitomo says a weaker yen is good for the company, but a prolonged depreciation is worrisome for the future of Japan. CEO Shingo Ueno spoke exclusively with Bloomberg's Shery Ahn at Sumitomo's headquarters in Tokyo about the firm's strategy and expansion plans, amid yen weakness