S Korea's LG Chem, China's Zhejiang Huayou Cobalt to set up battery material JVs

S Korea's LG Chem, China's Zhejiang Huayou Cobalt to set up battery material JVs

Photo: Reuters

South Korea’s LG Chem Ltd said on Wednesday it had agreed to build two joint ventures with China’s Zhejiang Huayou Cobalt to lock in supplies of cobalt for lithium-ion batteries.

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