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S. Korean EV Battery Makers Striving to Secure Cathode Materials

SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s major battery makers are striving to secure key materials for electric vehicle (EV) batteries, with demand for cathode metals spiking in line with the EV battery sector’s sharp growth, industry watchers said Monday. According to market tracker SNE Research, 112,000 tons of cathode materials were used in [...]

POSCO-Samsung SDI Consortium to Build Cathode Plant in Chile

SEOUL, Mar. 12 (Korea Bizwire) — A South Korean consortium made up of steelmaker POSCO and battery maker Samsung SDI Co. will invest 57.5 billion won (US$54 million) to build a cathode plant in Chile by 2021, POSCO said Sunday. The POSCO-Samsung SDI consortium beat 12 companies from seven countries to secure the Chilean project, [...]