Groundbreaking of Jeonnam's First Lithium-Ion Battery Finished Product Factory in Naju Innovation Industrial Complex

[Muan=Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] The first lithium-ion battery finished product factory in Jeonnam will be established in the Naju Innovation Industrial Complex.

On the 4th, Jeonnam Province announced that LCM Energy Solution Co., Ltd. held a groundbreaking ceremony for the first lithium-ion battery finished product factory in the Jeonnam region at the Naju Innovation Industrial Complex.

The groundbreaking ceremony was attended by Lee Byung-heung, Chairman of LCM Science; Lee Seul-chan, CEO of LCM Energy Solution Co., Ltd.; Kim Young-rok, Governor of Jeonnam Province; Shin Jung-hoon, Member of the National Assembly; Lee Hyun-bin, Vice President of KEPCO; Kang In-gyu, Mayor of Naju; Jeonnam Provincial Assembly members Lee Min-jun and Choi Myung-soo; and Naju city council members.

LCM Energy Solution's lithium-ion battery finished product factory is one of the top five major domestic manufacturers and is expected to create about 250 new jobs.

In particular, this is the first large-scale investment following the enactment of the Korea Energy Technology University Act, marking the beginning of the ripple effect of the Energy Technology University.

LCM Energy Solution Co., Ltd., a newly established corporation headquartered in Bitgaram Innovation City, Naju, is investing 200 billion KRW on a 35,000㎡ site in the Innovation Industrial Complex to build a 1GWh scale secondary battery finished product manufacturing plant for marine and portable energy storage systems (ESS) by 2023.

Once completed, the finished product factory in Naju, along with the cluster of materials such as cathode materials, lithium, and recycling for electric vehicle batteries centered around the Gwangyang Bay area currently under construction, will enable Jeonnam to have a complete secondary battery full-cycle industrial system.

The province plans to closely link LCM Energy Solution Co., Ltd. with regional comparative advantage industries such as renewable energy, e-mobility, and drones to promote the development and diversification of related industries, thereby strengthening regional industrial competitiveness.

LCM Energy Solution Co., Ltd. will also establish its own research institute staffed with dozens of master's and doctoral-level researchers to contribute to the development of the regional new energy industry. They aim to lead facility scaling by investing in expansion at the national energy industrial complex to be established near the Innovation Industrial Complex and grow into a multinational company.

Through differentiated supply chains such as military supplies, the company is expected to operate stably and compete with global battery manufacturers by leading exports.

CEO Lee Seul-chan stated, “With the opening of Korea Energy Technology University, a global energy-specialized university, securing high-level talent has become easier, and conditions for specializing related industries based on KEPCO have been created, which led to the decision to invest in Jeonnam.”

Governor Kim Young-rok said, “The groundbreaking of LCM Energy Solution’s battery factory is very meaningful for the industrial development of Jeonnam,” adding, “I look forward to the lithium-ion batteries produced in Jeonnam being supplied domestically and internationally as planned.”

He continued, “I hope the company will grow into a Jeonnam enterprise that boldly competes and develops with global companies by making the most of the industrial and institutional foundations centered on Bitgaram Innovation City.”

This content was produced with the assistance of AI translation services.