Battery products spark Japan sale
German hardmetals producer H C Starck has sold its battery products business to Toda Kogyo Corporation of Japan, for an undisclosed amount. The companies began a business relationship in 2003 when they jointly developed new battery cathode materials.
Starck has supplied Toda Kogyo with precursor materials from its Sarnia plant in Canada. The company produces molybdenum, tungsten, tantalum, niobium, and rhenium materials and products, specialty chemicals, and powders. Toda Kogyo claims to be the world’s largest supplier of iron oxide particles for rechargeable batteries and nanotechnology applications.