UPDATED. 2024-03-17 19:01 (일)
EcoPro acquires stake in GEM’s nickel operation 
EcoPro acquires stake in GEM’s nickel operation 
  • Lee Sang Won
  • 승인 2022.03.30 16:23
  • 댓글 0
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In Indonesia
Image: EcoPro
Image: EcoPro

South Korean battery cathode maker EcoPro said on Wednesday that it has acquired a stake in GEM’s nickel operation in Indonesia.

EcoPro will acquire a 9% stake in QMB, GEM’s subsidiary in Indonesia, which is planning to start producing nickel materials during the second half of the year with a capacity of 50,000 metric tonnes.

EcoPro and GEM’s contract is a long-term, open take open to further agreement of purchase orders, EcoPro said.


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