InvestorsHub Logo
Followers 0
Posts 13
Boards Moderated 0
Alias Born 02/11/2023

Re: None

Tuesday, 02/21/2023 8:37:48 AM

Tuesday, February 21, 2023 8:37:48 AM

Post# of 4675
Korean Cathode Material Companies Growing Fast
February 3, 2023, 13:36
Korean companies are expanding their presence in the global cathode materials market. Cathode materials are a major strategic item that accounts for 40 to 50 percent of electric vehicle (EV) battery costs. Analysts say that Korean companies are closely trailing Japan’s Sumitomo, the world's largest cathode materials producer.
Korea’s leading cathode material companies, including LG Chem, POSCO Chemical, EcoPro BM and L&F, posted stellar business performances last year.

http://www.businesskorea.co.kr/news/articleView.html?idxno=108778