LG Chem might be looking for a bit more concentrate soon..
Cheers Whisky
LG Chem announced that it has started Korea’s first-ever mass production of single-crystal high-nickel cathodes for next-generation batteries.Production started on June 26, 2023, at the company's cathode plant located in Cheongju, 75 miles (120 km) southwest of Seoul, so the first batches of new battery materials will be sent to global clients starting in July.According to LG Chem, which stands behind the LG Energy Solution battery manufacturer, single-crystal cathodes (made from single particles of several metals such as nickel, cobalt, and manganese) are essential for next-gen batteries as they can boost the battery lifespan by more than 30 percent and increasing the capacity by 10 percent or more - compared to the current solution.
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