LG Chem to invest $3.2B to build battery cathode plant in Tenn.

By:

Reuters

November 22, 2022 12:00 PM

SEOUL -- South Korea's LG Chem Ltd. said on Tuesday it will invest about $3.2 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S. electric vehicle components.

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