Lotte Aluminum to Build Cathode Foil Production Plant for Secondary Batteries in Hungary
[Asia Economy Reporter Park Soyeon] Lotte Aluminium announced on the 25th that it will invest 110 billion KRW to build a cathode foil production plant for secondary batteries used in eco-friendly electric vehicles in Hungary.
Cathode foil is an aluminum foil used throughout the cathode collector that determines the capacity and voltage of secondary batteries capable of repeated charging and discharging. It collects electrons generated by electrochemical reactions and supplies the electrons needed during discharge.
The plant will be established on a 60,000㎡ site within the T?r?kb?lint industrial complex in Hungary, where eco-friendly automotive infrastructure is established. Construction began in April this year and is scheduled to be completed in the first half of next year.
Hot Picks Today
There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- Taking Annual Leave and Adding "Strike" to Profiles, "It Feels Like Samsung Has Collapsed"... Unsettled Internal Atmosphere
- Cerebras Soars 70% on IPO Debut: Is Nvidia's Reign Ending as a New AI Semiconductor Power Emerges?
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
- On Teacher's Day, a Student's Gifted Cake Had to Be Cut into 32 Pieces... Why?
Lotte Aluminium plans to produce 18,000 tons of cathode foil for secondary batteries annually at the plant and supply it to demand companies in the European region.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
