Sitong Light Alloys Partners With Toyota Tsusho for Aluminum Recycling Business

MT Newswires Live

2025/03/14

Lizhong Sitong Light Alloys Group (SHE:300428) signed a cooperation agreement with Toyota Tsusho (TYO:8015), a subsidiary of Toyota Motor (TYO:7203), to develop an aluminum recycling business, according to a Shenzhen Stock Exchange filing on Thursday.

The business, which will sell recycled aluminum alloys, will be set up in China and in other regions, the Chinese recycled aluminum alloy manufacturer said.

Toyota Tsusho's shares rose more than 1% in recent trade.

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