Lee Chang-yang: "Secondary Batteries Will Be Developed as the Second Semiconductor Industry"

Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy attended the meeting of the Special Committee for Supporting the 2030 Busan World Expo held at the National Assembly on the 26th and delivered opening remarks. Photo by Yoon Dong-joo doso7@

[Asia Economy Sejong=Reporter Dongwoo Lee] Lee Chang-yang, Minister of Trade, Industry and Energy, said on the 27th at the 11th Emergency Economic and Livelihood Meeting chaired by President Yoon Seok-yeol, "We will develop secondary batteries into the second semiconductor industry."

At the meeting, Minister Lee said, "Our companies possess the best technology, and the total order amount alone reaches 560 trillion won."

He emphasized, "Key minerals are the blueprint and seeds of advanced industries; without minerals, the tree called advanced industry cannot grow."

Minister Lee added, "Since the secondary battery industry is a core industry to be greatly expanded, we will strengthen the supply chain and announce the 'Secondary Battery Industry Innovation Strategy' in November, which includes measures for developing next-generation battery technologies such as precursors."

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