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17 Apr
08:43

Huayou Cobalt, LG to jointly launch precursor factory in South Korea

South Korean giant LG Chemical and Chinese new energy battery material developer Huayou Cobalt will soon sign an investment agreement on precursor production in South Korea, Kallanish learns from Yonhap News Agency. According to the source, the two companies will include the location selection in the agreement. The companies plan to invest about KRW 1.2 trillion ($910.16 million) in a 50,000 tonnes/year precursor production factory in the sixth zone in Saema…
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