Japan, May 15 -- Sumitomo Corporation (Headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Shingo Ueno) has entered into separate memoranda of understanding (MOUs) with Sumitomo Metal Mining Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Nobuhiro Matsumoto; hereinafter "Sumitomo Metal Mining"), Envirostream Australia (an Australian battery recycling company), and Phoenix Recycling Group (a New Zealand battery collection and recycling company) regarding the collection and recycling of used lithium-ion batteries, and will begin exploring the commercialization of a circular battery supply chain in the Oceania region. Through these agreements, Sumitomo Corporation will initiate feasibility studies toward ...