Japan’s Toyota Tsusho seeks to strike gold with rare metal recycling

Trading house aims to become top scrap metal recycler early next decade Toyota Tsusho acquired U.S.-based Radius Recycling in 2025. (Photo by Kosuke Okamoto) TOKYO — Japanese trading company Toyota Tsusho intends to become the world's largest recycler of metal scrap, spending 1.2 trillion yen ($7.4 billion) through March 2028 to extract valuable metals without owning a mine.

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