[Concall] LG Chem "Expanding Cathode Material Production to 170,000 Tons by 2025"
[Asia Economy Reporter Hwang Yoon-joo] "We plan to expand the production scale of cathode materials to 170,000 tons by 2025, more than four times the previous year."
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He added, "LG Energy Solution's internalization rate of cathode materials is less than 30%," and "In addition to battery cathode materials, we are also fostering battery material businesses such as anode binders and electrolyte additives, and are considering expanding our customer base."
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