17
Aug
08:10
SK On to invest $1.12 billion in new battery factory in South Korea
South Korean battery giant SK On announced on Wednesday it plans to invest KRW 1.5 trillion ($1.12 billion) for its domestic battery cell production plan, Kallanish learns.
It has signed a memorandum of understanding with the government of Seosan city and South Chungcheong Province. It plans to land its third battery cell factory on a 44,152-square-metre land inside the Seosan Auto Valley complex.
The battery manufacturer expects the new factory to be compl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous