モンテカルロ法カジノ Invests in South Korea's LG-HY BCM- Establishing a Stable Supply System for Lithium-Ion Battery Materials -
- Circular Economy
2025-09-09
カジノオンライン ("Toyota Tsusho") announced today that it has entered into a share transfer agreement with Zhejiang Huayou Cobalt Co, Ltd ("Huayou Cobalt") to acquire a 25% stake in LG-HY BCM Co, Ltd ("LG-HY BCM"), a joint venture between LG Chem Ltd ("LG Chem"), a company of South Korea's LG Group, and Huayou Cobalt
1 Background of Investment
Demand for lithium-ion batteries is expected to further increase with the growing adoption of electric vehicles Particularly, against the backdrop of strengthening global environmental regulations, the electric vehicle market is expanding, and consequently, establishing a stable supply system has become an important issue for battery manufacturers, in addition to ensuring battery quality and performance
In particular, the cathode active material* used in the battery cathode is an important material that significantly impacts battery performance In particular, ensuring a stable supply of ternary cathode active materials, which are composed of extremely scarce elements, nickel, manganese, and cobalt, remains a future challenge
2 Purpose of Investment
モンテカルロ法カジノ is a company that manufactures cathode active materials in South Korea It possesses world-leading manufacturing technologies for ternary cathode active materials and currently operates a plant in South Korea with an annual production capacity of 66,000 tons
Through this investment, モンテカルロ法カジノ will participate in the manufacturing business of cathode active materials, which are the most important materials in lithium-ion battery production By doing so, it will enable the company to establish a competitive cathode active material supply chain and build a system that stably supplies cathode active materials produced in South Korea to battery manfuacturers, primarily in North America
モンテカルロ法カジノ will contribute to the stable supply of automotive battery materials essential for the spread of electric vehicles, while also promoting the establishment of a global supply chain that consistently supports the entire process from material procurement to manufacturing and supply
*A core material used in the cathode (positive electrode) of lithium-ion batteries that determines the battery’s performance and lifespan
Overview of モンテカルロ法カジノ
Overview of LG Chem
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Company name
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LG Chem Ltd |
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Location
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Seoul, South Korea |
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Established
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January 1947 |
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Representative
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Shin Hak-Cheol,Vice Chairman, CEO |
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Business description
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Research and development, manufacturing, and sales of chemicals, including battery materials |
Overview of Zhejiang Huayou Cobalt
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Company name
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Zhejiang Huayou Cobalt Co, Ltd |
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Location
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Zhejiang, China |
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Established
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May 2002 |
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Representative
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Chen Xuehua, Chairman |
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Business description
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Research and development, manufacturing, and sales of battery materials |
The information in this release is current as of the date of announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
