If Cold War Presidents from Harry Truman to Ronald Reagan knew that the nation’s national defense rested on technologies coming from its former and current adversaries, they would surely be turning in their graves.
The lithium miner, the world’s second largest producer of the white metal, has approved additional measures to protect corporate data considered confidential from China'a Tianqi, which recently bought almost a quarter of the Chilean company.
The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, could also provide batteries to Toyota’s EV technology partners Mazda Corp (7261.T) and Subaru Corp (7270.T).