Hanwa : Announcement of Strategic Partnership Agreement with Honda Motor Co., Ltd. for Sustainable Procurement of EV Battery Metals
September 05, 2022 at 10:10 pm EDT
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PRESS RELEASE
1-13-1 Tsukiji, Chuo-ku, Tokyo 104-8429, Japan
September 6, 2022
Hanwa Co., Ltd.
Announcement of Strategic Partnership Agreement with Honda Motor Co., Ltd.
for Sustainable Procurement of EV Battery Metals
Hanwa Co., Ltd. ("Hanwa") is hereby delighted to announce a strategic partnership agreement with Honda Motor Co., Ltd. ("Honda"). This partnership aims to build a solid and sustainable supply chain for procurement of essential EV battery metals such as nickel, cobalt and lithium.
With an eye toward the rapidly accelerated demand growth in lithium-ion battery market and becoming more difficult to secure sufficient volume of the essential metals for EV battery, Hanwa is willing to utilize its existing global network and consolidate long-term procurement of the essential materials from our projects, partners, existing and future prospective suppliers through this partnership with Honda.
In this fast-growing market, Hanwa, in its Primary Metal Depts. and Battery Team, has been intensively expanding its critically important minerals including not only above key metals for battery cathodes but also graphite (natural & synthetic), silicon and black mass for battery anodes and recycling products. Hanwa will keep contributing to both social development and environmental conservation by responding to increasing demand while expanding its supply ability throughpartnerships with the resource suppliers and smelting/refining companies, off- takes, and investments etc.
Hanwa Co. Ltd. published this content on 06 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 September 2022 02:09:00 UTC.
HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.
HANWA CO., LTD. 
