Canada has been mentioned frequently these days as one of the most popular investment destinations for Korean battery firms that cooperate with global carmakers, amid the recent trends of on-shoring and near-shoring, caused mainly by the escalating geopolitical tensions between the U.S. and China.
In 1992, Sony unleashed a revolution in portable electronics. Taking advantage of decades of laboratory research on lithium-ion batteries, the Japanese.
POSCO Holdings is starting a nickel business for secondary batteries in Indonesia. The company signed a memorandum of agreement (MOA) with China s Lygend Resources & Technology in Jakarta, Indonesia to cooperate in nickel production. With this MOA, POSCO Holdings will have a nickel supply network in Indonesia, the world s No. 1 nickel holder and producer, the company announced, Friday.
POSCO Holdings and LG Energy Solution (LGES) will strengthen cooperation related to rechargeable batteries, according to the two companies, Monday. The companies signed a memorandum of understanding (MOU) for “Strategic Business Cooperation in Secondary Battery Materials” in Seoul, Friday, in the presence of POSCO Group Chairman Choi Jeong-woo and LGES Vice Chairman Kwon Young-soo.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.