South Korea’s LG Chem to speculate $820 million to construct battery cathode manufacturing facility in US
South Korea’s LG Chem Ltd stated on Friday it’s going to make investments $820 million to construct a battery cathode materials manufacturing facility within the U.S. state of Tennessee.
Final 12 months, the South Korean petrochemicals maker introduced its plans to speculate greater than $3 billion by 2027 to construct a battery cathode manufacturing facility in Tennessee because it ramps up plans to satisfy the growing demand for electrical automobile (EV) elements.
