cathode material Archives | Be Korea-savvy

Rising Nickel Prices Bode Well for Cathode Material Makers

SEOUL, Sept. 21 (Korea Bizwire) — South Korea’s cathode material producers are likely to see solid earnings in the fourth quarter of the year on a surge in nickel and cobalt prices, analysts here said Saturday, amid growing demand for electric vehicle (EV) batteries. Nickel and cobalt are key raw materials for cathodes, one of [...]

POSCO Completes Cathode Plant in China

SEOUL, Aug. 22 (Korea Bizwire) — South Korea’s largest steelmaker POSCO said Thursday it has completed the construction of a facility in China to produce cathode material, a key component for electric vehicle (EV) batteries. POSCO said its joint venture with Huayou Cobalt, China’s largest cobalt producer, in Tongxiang, Zhejiang Province of China, will begin [...]