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Toyota Tsusho

Toyota Tsusho is a Japanese trading house and a core member of the Toyota Group, operating as one of Japan's major sogo shosha (general trading companies). Headquartered in Nagoya and Tokyo, the company engages in a diverse range of businesses spanning metals, global parts and logistics, automotive, machinery and energy, chemicals and electronics, food and consumer services, and Africa. Toyota Tsusho has a significant presence in Africa, where it has built extensive operations in automotive distribution, infrastructure development and resource trading. The company is listed on the Tokyo Stock Exchange and maintains close ties with Toyota Motor Corporation, serving as a key procurement and logistics partner for the automotive giant. Toyota Tsusho has been active in securing supply chains for critical minerals and rare earths, essential for electric vehicle batteries and advanced manufacturing. The company operates in more than 120 countries and employs tens of thousands of people worldwide. Its Africa division has been particularly prominent, with investments in mining, energy and transport infrastructure across the continent. Toyota Tsusho's strategic focus includes supporting the transition to electrified mobility and ensuring stable access to raw materials for the automotive and electronics industries. The company was formed through a series of mergers and consolidations within the Toyota Group's trading operations, evolving into a global conglomerate with revenues exceeding several trillion yen annually.

Latest Articles in 60 Seconds

Lofdal advances into next DFS phase with fresh funding

Namibia Critical Metals has approved the next phase of the definitive feasibility study (DFS) for the Lofdal heavy rare earths project, in Namibia, backed by about C$11-million in additional funding, with Toyota Tsusho and the Japan Organisation for Metals and Energy Security continuing to support the project. SGS Canada has been awarded the first major metallurgical and geometallurgical contracts, covering pilot-scale flotation and hydrometallurgical testing intended to validate production of separate light and heavy rare earth carbonate products, including dysprosium, terbium and yttrium.

Longonjo rare earths project stays on schedule as Toyota Tsusho anchors offtake

Pensana's $250-million Longonjo mine and refinery development in Angola's Huambo province is 22% complete and on budget, with first mixed rare earth carbonate commissioning still targeted for 2027. Toyota Tsusho holds a non-binding offtake agreement for up to 20 000 t/y of the product over five years, alongside ReElement Technologies and VAC/eVAC Magnetics.

Aeolus expands African renewable energy footprint

Toyota Tsusho's Aeolus platform holds 40% of a 900 MW wind farm near Ras Shokeir, Egypt, with ENGIE and Orascom Construction, targeting mid-2028 commercial operation, and 50% of Tunisia's 120 MW Sidi Bouzid II solar plant with Scatec, which reached financial close in June 2026.

Toyota Tsusho Updates


Rare earths
Lofdal heavy rare earths project, Namibia – update
24th July 2026 By: Sheila Barradas

The joint management committee overseeing Lofdal has approved the next phase of the definitive feasibility study. 


Namibia Critical Metals launches next phase of Lofdal DFS in Namibia
Namibia Critical Metals launches next phase of Lofdal DFS in Namibia
21st July 2026 By: Sabrina Jardim

TSX-V-listed Namibia Critical Metals says the joint management committee (JMC) overseeing the Lofdal heavy rare earths project, in Namibia, has approved the next phase of work under the definitive... 


Image of wind farm
Gulf of Suez onshore wind farm, Egypt
10th July 2026 By: Sheila Barradas

ENGIE, Orascom Construction and Aeolus plan to develop a 900 MW onshore wind farm in the Gulf of Suez. 


Three large yellow load haul trucks at the Longonjo rare earths mine in Angola
Major rare earths mine construction progresses
10th July 2026 By: Halima Frost

The construction of the Longonjo rare earths mine in Angola is progressing on target and on budget for first mixed rare earth carbonate (MREC) commissioning in 2027, according to owner and operator... 


Aerial view of the Longonjo project site
Longonjo rare earths mine/refinery project, Angola – update
10th July 2026 By: Sheila Barradas

Longonjo development remains on target and on budget for first mixed rare-earth carbonate commissioning in 2027. 


Image of solar energy panels
Sidi Bouzid II solar power plant, Tunisia – update
26th June 2026 By: Sheila Barradas

The project has announced financial close. 


Image of rare earths
Lofdal heavy rare earths project, Namibia – update
19th June 2026 By: Sheila Barradas

Namibia Critical Metals has started a five-month drilling programme. 


Namibia Critical Metals begins exploration, infill drilling programme at Lofdal
Namibia Critical Metals begins exploration, infill drilling programme at Lofdal
12th June 2026 By: Sabrina Jardim

TSX-V-listed Namibia Critical Metals has begun a significant drill programme at its Lofdal heavy rare earths project, in Namibia. The drill programme, which began on June 3, is aimed at compiling... 


Aerial View of Longonjo Rare Earths Project
Longonjo rare earths mine/refinery project, Angola – update
12th June 2026 By: Sheila Barradas

The Longonjo development remains on target and on budget. 


An image of the Longonjo site
Pensana continues to progress Longonjo mine construction
8th June 2026 By: Tasneem Bulbulia

London-listed Pensana has achieved progress on construction of the Longonjo mine, in Angola. The $250-million development is on target and on budget for first mixed rare earth carbonite (MREC)... 


Field of solar panels
Sidi Bouzid and Tozeur solar projects, Tunisia – update
24th April 2026 By: Sheila Barradas

Toyota Tsusho Group has reached commercial operations date of the Tozeur solar power plant, with retroactive effect from March 4, 2026.   


Construction at Longonjo on track for first production in 2027
Construction at Longonjo on track for first production in 2027
3rd March 2026 By: Sabrina Jardim

London-listed Pensana has reported that construction activities at the Longonjo rare earth project, in Angola, continue at pace and that the company is looking forward to a 12-month period of... 


An image of Scatec CEO Terje Pilskog
Scatec awarded PPAs for wind, solar projects in Tunisia
26th January 2026 By: Tasneem Bulbulia

Renewable energy solutions provider Scatec has been awarded two separate wind and solar power purchase agreement (PPAs) with Tunisian State utility Société Tunisienne de l’Electricité et du Gaz... 


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pqt: 0.063s - ct: 0.123s - 232pq - 2rq
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