Sumitomo Metal Mining to produce lithium from 2028

Laguna Verde lithium project in Chile. (Reference image courtesy of CleanTech Lithium.)

Sumitomo Metal Mining will begin producing lithium, a metal used in batteries for electric vehicles, from 2028, the Nikkei business daily reported on Monday.

The company will also enter discussions with a major overseas resource developer, the Nikkei reported.

(By Satoshi Sugiyama; Editing by John Stonestreet)

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