Solus mass-produces copper foil in Hungary

Quick Summary:

Solus Advanced Materials, a South Korean copper foil supplier, said on Tuesday it started mass production at its second plant in Hungary, Europe’s only production site for copper foil used in electric vehicle (EV) batteries.

Its first copper foil plant in Canada is expected to begin mass production in 2026 with an annual capacity of 25,000 tons and aims to reach a long-term production capacity of 63,000 tons.

This brings Solus Advanced Materials' total production capacity in Europe to 38,000 tons, combining the 15,000-ton capacity of its first plant.

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Article Details

Category: Economy

Markets: South KoreaCanadaHungary

Topics: Solus Plant Copper Foil Korean Capacity First Materials Production Advanced Tons

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 15:10:20 (6 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 161 words

Reading Time: 1 minutes read

Sentences: 13 lines

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Copyright Owner: © Korea Economic Daily

News ID: 23320075

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