"SEOUL, March 3 (Yonhap) -- LG Chem Ltd., South Korea's largest chemicals company, said Tuesday it has acquired a Turkish television assembly factory in Poland for US$31.4 million to expand its plant for electric vehicle(EV) batteries." LG,CALT,Tesla are not slowing down. They are preparing the rapid growth from 2021-2023 onward. EV purchased in UK already double in the last year. Shell already entering the energy storage business. In addition, many hard rocks producers can not survive with the current price. Brine is still much cheaper and much more profitable if pls,ajm,gxy put on maintenance care in the coming months, it will help to reduce oversupply issues hence helping to stable the price.
LPI Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held