Lotte Energy completes pilot plant for solid-state battery electrolyte

Quick Summary:

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide-based solid electrolytes, a key component for next-generation all-solid-state batteries, the company said on Thursday.

The company invested 15 billion won ($11.2 million) in the plant at its Iksan facility in North Jeolla Province, which spans 1,619 square meters and has an annual production capacity of 70 tons of solid electrolyte.

If customer approvals and supply agreements are secured by 2025, the company aims to expand the plant to an annual production capacity of 1,200 tons in 2026, with full-scale mass production to start in 2027.

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Article Details

Category: Economy

Markets: South Korea

Topics: All-solid-state Electrolyte Materials Battery Plant Solid Lotte Network Production Sulfide-based Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 12:52:07 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 203 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Korea Economic Daily

News ID: 22372177

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