TOYOTSU RARE EARTHS INDIA PVT LTD

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Corporate Name

Toyotsu Rare Earths India Pvt. Ltd

Location

Plot No. 2D & 2E, APSEZ, Atchutapuram – 531 011 Visakhapatnam Dist.,
A.P. INDIA (40 Kms distance from visakhapatnam airport)

Establishment

28 October 2009

Business Domain

Rare Earth manufacturing and product sales, Import/Export

Paid-in Capital

Will be 1,125 Million INR (as of 1st Feb 2014)

Number of Employees

86 (as of 1st Feb 2014)

Business Overview

Business description

Production of rare earth compound using rare earth mixture (RECl3).

1.

Demand of rare earth rises further as production increase of hybrid vehicles (Double in increase from 2007 to 2015)

2.

Chiniese government has set quotas for exports of rare earths as national policy ⇒ The request from auto manufacturers to secure a supply route

3.

Toyota Tsusho Corporation acquired Wako Bussan Co., Ltd which is presently Toyotsu Rare Earths Corporation (Nov 2008)

4.

Took over the project of rare earth separation from Wako Bussan (Dec 2008)

5.

After pre-feasibility study with Japan Chemical companies, Toyotsu Rare Earths India was established aiming to finalize feasibility study and environmental clearance (Oct 2009)

6.

Started plant construction in APSEZ (industrial complex), Visakhapatnam AP. (July 2011)

7.

RECEIVED CFO APPROVAL (OCT. 2013)

Official Name :Andhra pradesh Special Economical Zone, Atchutapuram

Location :Moturupalem(Village), Rambilli Mandal,

Visakhapatnam District, Andhrapradesh, India.

APIIC(Andhra Pradesh Industrial Infrastructure Corporation) :

Affiliated with Andhra Pradesh state government

Facilitate Land and Infrastructure to investor

APSEZ(Andhra Pradesh Special Economical Zone) :

Special Economic Zone run by APIIC

Managing land administration, import / export documentations