UPDATED. 2021-10-20 18:41 (수)
LG Energy puts equity investment into nickel maker Greatpower
LG Energy puts equity investment into nickel maker Greatpower
  • Lee Sang Won
  • 승인 2021.09.17 13:39
  • 댓글 0
이 기사를 공유합니다

To procure 20,000 tonnes of nickel for 6 years
Image: TheElec
Image: TheElec

LG Energy Solution has put in 35 billion won into China’s Greatpower Technology for a 4.8% stake.

The South Korean battery maker said on Friday that it will be procuring 20,000 metric tonnes of nickel from the Chinese company from 2023 to 2028.

The amount if enough for batteries that can be used in around 370,000 units of electric vehicles, LG Energy Solution said.

The South Korean company has been focusing on securing supply lines for raw materials used in battery production.

Last month, it signed a deal with Australian Mines to procure 71,000 metric tonnes of nickel and 7,000 metric tonnes of cobalt.

In June, it acquired a 7% stake in Australia’s Queensland Pacific Metals and will start receiving a supply of 70,000 metric tonnes of nickel and 7,000 metric tonnes of cobalt next year.

In December, LG Energy Solution bought shares in Solus Advanced Materials’ European subsidiary for 57.5 billion won to start receiving copper foils in May. Copper foils are used in battery anodes.

Nickel and cobalt are used in battery cathodes, the most expensive component of a battery.

High amounts of nickel for the cathodes increase the energy density of batteries.

LG Energy Solution is currently manufacturing NCMA batteries, that have more nickel in them but less cobalt, which is an expensive raw material.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2021 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트