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28 Mar
10:59

GEM, SK On, Ecopro to build PCAM plant in South Korea

Shenzhen-listed manufacturer GEM recently announced it has recently signed a memorandum of understanding with South Korean firms SK On and Ecopro. The three companies formed an initial plan to establish a joint venture for precursor cathode active material (PCAM) manufacturing, Kallanish learns.  They plan to invest about KRW 1.21 trillion ($930.86 million) to build production capacity for 43,000 tonnes of ultra-high-nickel multi-precursor and the suppor…
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