UPDATED. 2024-03-17 19:01 (일)
Daebo Magnetic aims to expand battery material processing business
Daebo Magnetic aims to expand battery material processing business
  • Lee Sang Won
  • 승인 2021.11.12 16:44
  • 댓글 0
이 기사를 공유합니다

Along with its existing magnetic separator business 
Daebo Magnetic CEO Lee Sang-ick Image: TheElec
Daebo Magnetic CEO Lee Sang-ick Image: TheElec

Magnetic separator maker Daebo Magnetic has been expanding into battery material processing since earlier this year and the new business will start contributing in revenue in 2022, the company CEO said.

Daebo Magnetic CEO Lee Sang-ick said the company has started to contact potential customers during the second of 2021 and is aiming to secure up to 50 billion won in annual revenue from the new business.

The company produced samples in April and was in talks with battery cathode and battery cell companies, Lee said.

Daebo Magnetic currently has a processing line that takes up one-sixth of the space at its factory in Eumseong country.

This line will be enough for an annual between 20 billion won and 50 billion won, he said.

The company was founded in 1974 and is a leader is magnetic separators that are used to remove metals from cement, carbon blacks and food raw materials.

It used this technology to enter the battery market in 2008. As unwanted metals in battery cathode can cause swelling of batteries, magnetic separators are a must in battery production lines.

Daebo Magnetic controls the global electromagnetic separator market with a Japanese rival.

The South Korean company is also the only one in the world that offers both dry and wet magnetic separation technology.

Daebo Magnetic said it sells 150 units of magnetic separators per month and controls 70% of the worldwide market.

The company is entering the battery material processing market to reduce its reliance on magnetic separators.

Daebo Magnetic offers to separate materials such as lithium hydroxide from batteries and process them as its customers want to.

CEO Lee said the business has demand from lithium, cathode and battery cell companies.


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 © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트