LG Chem, Huayou Cobalt’s $900 million precursor plant latest test of IRA

LG Chem said it will invest 1.2 trillion won ($900 million) with Huayou Cobalt in a new joint venture to build a pCAM plant for the electric vehicle supply chain in South Korea, a move that that could test be another test of the partnership’s eligibility for the US Inflation Reduction Act. While the investment […]