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EcoPro Invests US$11 Mln in Nickel Smelting Factory in Indonesia

EcoPro Invests US$11 Mln in Nickel Smelting Factory in Indonesia

SEOUL, Mar. 25 (Korea Bizwire) — South Korean rechargeable battery materials company EcoPro said Monday it has invested US$11 million in a stake of a nickel smelting factory in Indonesia to secure the key battery material. In the latest investment, EcoPro acquired a 9 percent stake in Green Eco Nickel operated by China’s battery material [...]

EcoPro Pushing for 2 tln-won Battery Components Complex Expansion in S. Korea

EcoPro Pushing for 2 tln-won Battery Components Complex Expansion in S. Korea

POHANG/SEOUL, April 6 (Korea Bizwire) — EcoPro Co., a leading South Korean producer of secondary battery materials, plans to invest 2 trillion won (US$1.52 billion) to expand its battery components complex in the country’s southeastern industrial city, according to the municipal governments on Thursday. EcoPro is in talks with the municipal governments of North Gyeongsang [...]