EcoPro expands stake in Indonesia nickel smelter project to strengthen battery materials supply
The 1.5 trillion won second-phase investment in Sulawesi targets 90,000 tons of nickel capacity, enough for 2 million electric vehicles
EcoPro Group is increasing its involvement in a major nickel smelter project in Indonesia as it seeks to secure more raw material supply for its battery business and improve the cost competitiveness of its ternary cathode materials.
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