29
Jul
07:12
SK On raises $2 billion for battery expansion in Europe
Leading South Korean new energy battery firm SK On recently announced that it has received $2 billion in loans and guarantees from three export credit agencies, and it will use the funds to expand its battery production capability in Hungary.
According to SK On, the funds will be used to support the construction of a new battery plant in the city of Icancsa, Hungary, as part of the total investment, which is about KRW 3.31 trillion ($2.54 billion). It i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous