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flag Namibia’s Lofdal rare earths project partners with Toyota Tsusho to boost global supply of key metals for EVs and wind turbines.

flag Namibia Critical Metals has selected Toyota Tsusho as a strategic partner in its Lofdal Heavy Rare Earths Project in Namibia, following a public tender led by Japan’s JOGMEC. flag The partnership leverages Toyota Tsusho’s global supply chain experience and rare earth processing capabilities, including a refinery in India. flag The project, fully permitted with a 25-year license, aims to supply dysprosium and terbium—key elements for electric vehicle motors and wind turbines—boosting global efforts to diversify rare earth supplies away from China.

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