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