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Samsung and EcoPro prepare to build $100 million lithium-ion cathode materials plant in South Korea

Wed, 06/03/2020 - 15:09 -- Paul Crompton

South Korean lithium-ion battery maker Samsung SDI has started investing capital into its joint venture EcoPro EM.

Samsung will contribute 48 billion won ($39 million) of the total investment pot of 120 billion won ($96.9 million) into firm with its partner and fellow Korean firm EcoPro BM, a supplier of electric vehicle battery materials to Samsung, investing the remaining cash. 

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