Skip to main content

Koreans invest in battery materials

Three South Korean conglomerates have announced major investments into battery materials in the past month, in anticipation of projected market growth from under €30 billion/year in 2021 to nearer €75 billion in 2026. SK Materials is to build a lithium-silicon battery materials, while Posco Chemical will build a cathode materials plant and LG Chem has even bigger, longer-term plans.

Subscribe to LG Chem