Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
FASTech will be a part of the business unit holding Mastercam, the the world’s leading CAD/CAM software provider.
Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal to purchase US Steel.
The Philippine miner, partly owned by Sumitomo, aims to sell its entire 15.625% stake in Coral Bay Nickel.
