Lotte Aluminium expands cathode foil capacity at its plant
Lotte Aluminium Co. announced plans to boost its production capacity of its production lines for cathode foil, a key material in making EV batteries, at the company’s Ansan facility in Seoul. This would meet growing demand for electric vehicle batteries amid the global race for zero-emissions cars.
The expansion plan would increase the annual production capacity of cathode foil to 12,000 tons from the previous 3,000 tons.
The company also announced its plan to complete its plant with a capacity of 18,000 tons of cathode foil in Tatabanya Industrial Park in Hungary in 2021.
Lotte Aluminium targets to sell its cathode foil to South Korean manufacturers of EV batteries. The company did not reveal any further information.
Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com
CFRP-Aluminium hybrid wheel is set for series production, developed by Thyssenkrupp Carbon Components and the Hyundai Motor Europe Technical Center
Next articleLow carbon Aluminium demand is on higher side for the Construction sector
Grow with
AL Circle
