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LG ES to invest US$1.4 billion in US stationary storage cell...

  1. Kotaredrew
    6,649 Posts.
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    27/02/25
    10:48
    Post #: 78051354

    LG ES to invest US$1.4 billion in US stationary storage cell manufacturing


    LG has announced it will invest $1.4 billion into building battery manufacturing plants in the US. That's going to require a significant supply of lithium carbonate. Where’s all this lithium will becoming from?

    https://www.energy-storage.news/lg-es-to-invest-us1-4-billion-in-us-stationary-storage-cell-manufacturing/

    Well, that’s interesting- reckon LG getting big govt US loan, building plants in US, and you’d think they’d be after local supply- they might need to upgrade that 4kt offtake- hey Bruce- reckon LG may need more of our lithium!
    ASN Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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