SEOUL, Mar. 25 (Korea Bizwire) — L&F Co., a South Korean cathode material company, said Monday it has signed a 13.19 trillion-won (US$9.85 billion) deal to supply high-nickel cathodes to SK On Co., the battery unit of chip-to-construction conglomerate SK Group. L&F will supply 300,000 tons of high-nickel cathode materials for SK On’s car batteries [...]
SEOUL, June 26 (Korea Bizwire) — LG Chem Ltd. said Monday it has begun mass production of a next-generation high-nickel cathode material made with a single crystal structure that enhances the power of electric vehicle batteries. The first output of the single-crystal cathodes will be delivered to clients from its Cheongju plant, starting in July, [...]
SEOUL, Dec. 9 (Korea Bizwire) — Posco Chemical Co., an affiliate of South Korea’s steel giant POSCO Group, said Wednesday it will provide a key element for Ultium Cells’ rechargeable batteries for electric vehicles (EVs). Posco Chemical said it will supply cathodes, one part of lithium-ion batteries used in EVs, to Ultium Cells, a battery [...]
SEOUL, Aug. 5 (Korea Bizwire) — POSCO Chemical Co., an affiliate of South Korea’s steel giant POSCO Group, said Wednesday it will expand production capacity of cathodes, a key component for electric vehicle (EV) batteries. POSCO Chemical said the move will boost its annual production capacity of cathodes to 70,000 tons by 2022, which is [...]