Corporate Name
Toyotsu Rare Earths India Pvt. Ltd
Location
Plot Nos.2D & 2E, APSEZ, Gurajapalem(Post), Atchutapuram, Rambilli Mandal,
Anakapalle District, Andhra Pradesh, India Pin – 531011.
Establishment
28 October 2009
Business Domain
Rare Earth manufacturing and product sales, Import/Export
- Toyota Tsusho Corporation acquired Wako Bussan Co., Ltd which is presently
Toyotsu Rare Earths Corporation (Nov 2008).
- Took over the project of rare earth separation from Wako Bussan (Dec 2008).
- Demand of rare earth rises further as production increase of hybrid vehicles
(Double in increase from 2007 to 2015)
- After pre-feasibility study with Shin-Etsu Chemical, Toyotsu Rare Earths
India was established aiming to finalize feasibility study and environmental
clearance (Oct 2009).
- Started plant construction in APSEZ (industrial complex), Visakhapatnam AP.
(July 2011).
- Operation Commenced from 2013.