SK Materials Partners with US Company to Enter Battery Materials Business
[Asia Economy Reporter Lim Hye-seon] Semiconductor and display materials company SK Materials is entering the battery materials business together with a US battery materials company.
According to the industry on the 19th, SK Materials is preparing to sign a contract to establish a joint venture in Korea for silicon anode materials, a core material for electric vehicle batteries, with the US silicon anode materials company Group 14 Technologies.
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It is reported that SK Materials will invest about 60 billion KRW to hold 75% of the joint venture's shares, while Group 14 Technologies will take the remaining shares.
This content was produced with the assistance of AI translation services.
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