SK, Group14 Technologies to build $726 mn battery material plant

SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) wit...

LG Chem, ADM to build JV in US to produce bioplastics made from corn

South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...

EcoPro BM to reveal overseas production plans in mid-Oct

South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...

Daimler working with Korean EV battery makers

Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...

POSCO, GS join hands to expand battery, hydrogen business

POSCO and GS Group have teamed up to expand their battery recycling and hydrogen businesses. The move came as South Korea’s top steelmaker POS...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

LG delays decision on battery unit IPO to Q4

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

POSCO Chem, OCI to produce previously imported battery material in Korea

POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...

POSCO Chemical to expand EV battery materials capacity in China

South Korea’s POSCO Chemical is set to bolster production capacity of electric vehicle battery materials in China, the world’s top batte...

LG Chem to spend $2.2 billion to build 10 new eco-friendly factories

LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...

LG Energy signs long-term battery materials deal with Australian Mines

South Korea’s LG Energy Solution Ltd. said on Monday it has signed a long-term contract to receive key battery materials from Australian Mines...

Battery recycling: Carmakers, battery companies in new turf war

With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...

Samsung SDI may build battery plant in Illinois

e Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Il...

Samsung SDI may build battery plant in Illinois

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Illin...

LG Chem to power China battery plants with 100% renewable energy

South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...

SK's battery unit split-off drives polarized responses

The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...

SK Innovation to split battery unit in October, seeks IPO

South Korea’s top energy company SK Innovation Co. decided to split off its battery business in October with a plan to list the new affiliate ...

Korea July exports hit record on strong chip, auto demand

South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...

Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia

Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...

POSCO to build $200 mn nickel refining plant to ramp up battery materials

POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...

Surging battery material costs put roadblock to EV growth

Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto industry’s key ...

Samsung SDI to build EV battery plant in US

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

SK Materials’ shares fly high on rosy business outlook

Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...

SK Materials to form a JV with US battery startup Group14 Technologies

SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...

LG Chem to invest $8.7 bn in battery material, renewable, bio sectors

LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...

LG Group joins investment in EV battery startup SES

South Korea’s LG Group invested in an electric vehicle battery startup SES Holdings Pte (SES) in a bid to secure future growth business.LG Tec...

Global EV race kicks off with key players investing $168 bn

The global auto industry is rapidly making a full-fledged shift towards electric vehicles (EVs), with the world’s five major market players, i...

SK IE Technology throned as top battery materials stock on Korean bourse

SK IE Technology Co. (SKIET), a unit of SK Innovation Co., has climbed to the top ranking among battery materials makers in terms of market capitali...

Korea unveils $35 billion battery investment plan to catch up to China

South Korea’s major battery makers have pledged to invest 40.6 trillion won ($35.4 billion) in the electric vehicle battery industry over the ...