Japan's Idemitsu raises stake in Australian lithium company to 15%

Japan's Idemitsu raises stake in Australian lithium company to 15%

A signboard of Idemitsu Kosan Co is seen in Tokyo, Japan. REUTERS/Kim Kyung-Hoon/Files

Japan’s Idemitsu Kosan Co has increased its stake in Australian lithium company Delta Lithium Limited (DLI) to 15% as it expands in metals essential for electrification and green transition, the company said in a statement on Friday.