LG Chem to spend $1.07 billion on expanding battery plants in China
South Korea’s LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand.
Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing, the company said in a statement.
Last year, the South Korean battery maker announced a plan to invest about 2 trillion won to build a second electric car battery plant by 2023 in Nanjing.
Lithium Related Media Articles, page-2
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
84.5¢ |
Change
-0.010(1.17%) |
Mkt cap ! $1.612B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.5¢ | 83.5¢ | $5.151M | 6.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23487 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 286512 | 4 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |
