Nikkei reports Toyota Tsusho plans cumulative investment of 1.2 tln yen (about
$7.4 bln) by March 2028 to become the world’s largest end-of-life metal
recycler. In India, where it currently runs three vehicle recycling centers, the
The company will double staff to about 100 and expand the local recycling-center
network as end-of-life vehicle recycling demand is expected to continue rising
with India’s auto market growth. Toyota Tsusho also extracts rare metals from EV
and other used batteries in Japan and intends to expand that business into the
US and other overseas markets.
