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EcoPro completes initial battery materials investment in Indonesia
Yahoo Financeยท 2025-09-19 09:00
EcoPro Company, a South Korean producer of cathode materials used in batteries for electric vehicles (EVs) and other applications, announced that it has completed the first phase of its investment in its battery raw materials project on the Indonesian island of Sulawesi. EcoPro said it has completed a KRW 700 billion (US$ 502 million) first-phase investment in four nickel smelters, helping it secure a stable supply of the key battery material. The investment gives the company a supply of 28,500 tons of mi ...