Orocobre “Positioned for M&A Activity?”

In  an article for Seeking Alpha, Livio Filice suggests that Orocobre (ASX:ORE) could be positioned for M&A activity, especially from investors in China, Japan and Korea.

As quoted in the publication:

Orocobre offers significant value to the lithium supply chain such as Chinese, Japanese, and Korean battery manufacturers considering that none of those countries are significant lithium producers. Battery manufacturers, material suppliers, chemical producers and trading houses are all seeking access to the white gold, lithium.

The most compelling part of the story is that in 2012, Toyota Tsusho Corporation (OTC:TYHOF) entered a definitive shareholder’s agreement with Orocobre on the Olaroz Project. The agreement gave Toyota Tsusho a 25% interest in the project. Toyota Tsusho also signed up to become the projects first “off take” partner which allowed the project to be financed while giving Toyota significant access to lithium. Toyota Tsusho, which is one of Japan’s leading global trading houses, is 22% owned by Toyota Motor Corporation (NYSE:TM) and 11% owned by Toyota Industries (OTCPK:TYIDY).

Click here to read the full Seeking Alpha article.