LG Chem and Korea Zinc will launch a JV to produce presurcors, a key ingredient for cathode materials. To expand its cathode output capacity, LG is building a plant in South Korea with Zhejiang Huayou. (Courtesy of LG Chem) LG Chem Ltd. and Korea Zinc Co. will set up a joint venture to produce
A lithium mine in Australia operated by a Chinese mineral developer South Korea’s major battery makers and materials suppliers are suffering from soaring battery raw materials prices as China is tightening its grip on the global minerals supply chain.Korea’s three battery players &n
A South Korean battery industry exhibition in June 2021 South Korea’s secondary battery makers face a risk from heavy reliance on Chinese raw materials, while the industry has sought measures to ensure a stable supply of resources amid surging prices. The battery producers are diversifyin
LG Chem is forming another JV with its Chinese partner Huayou Cobalt South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint venture to meet the demand for rechargeable batteries from the burgeoning electr
China is the dominant player in the global battery materials market While the recent urea crisis laid bare South Korea’s heavy dependence on China for the basic raw material, concerns are growing that the country’s fragile supply chain in another key business is creating a precariou
Nickel sulfate (Courtesy of KEMCO) Korea Zinc Co., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key raw material for cathode materials, to meet increasing demand from secondary battery makers in line with strong growth in the global e