Automotive
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Young Poong opens waste battery recycling pilot plant with first dry melting method
SEOUL -- Young Poong, a non-ferrous metal smelting and refining company in South Korea, opened a waste battery recycling pilot plant that adopted an industrial-sized dry melting method for the first time in the world to recover more than 90 percent of valuable metals such as lithium, nickel, cobalt and copper. It is capable of handling about 2,000 tons of waste batteries per year. In recovering metals from recycled or residual materials, pyrolysis is a process of temperature decompo
November 8, 2022 -
Hyundai Glovis jumps into renewable energy business using pent electric vehicle batteries
SEOUL -- Hyundai Glovis, the logistics wing of South Korea's Hyundai auto group, jumped into a renewable energy business using pent electric vehicle batteries for residents in remote islands, which have relied on internal combustion engines to generate electricity. Hyundai Glovis said it has signed a business agreement LS Electric, a. manufacturer of electrical power equipment, and Korea Hydro & Nuclear Power (KHNP), the state-run operator of nuclear power plants, for
November 7, 2022 -
SK on signs five-year contract to receive key lithium battery material from Chile's SQM
SEOUL -- SK on, a battery maker affiliated with South Korea's SK Group, has signed a five-year contract to receive about 57,000 tons of lithium hydroxide, a key material for electric vehicle batteries, from SQM, a Chilean supplier of plant nutrients, iodine, lithium and industrial chemicals, as part of efforts to reduce its reliance on Chinese raw materials regulated by a U.S. inflation reduction act. Shipment is to begin in 2023. SK on said that the two sides would discuss futu
November 7, 2022 -
Doosan Enerbility jumps into battery recycling market with eco-friendly method
SEOUL -- Doosan Enerbility, a power plant equipment manufacturer in South Korea, jumped into the waste battery recycling market through cooperation with L & F, a domestic cathode active material producer, to extract lithium from waste powder generated during the production of cathode materials. With L & F's waste power, Doosan Enerbility will extracts lithium with its patented technology that selectively separates lithium using distilled water and extracts lithium carbon
November 1, 2022 -
Hyundai Motor's hexagonal-shaped future city concept inspired by honeycomb pattern
SEOUL -- A smart city reference model designed by South Korea's Hyundai auto group minimizes environmental damage by limiting development areas and preventing indiscriminate expansion. Inspired by a honeycomb pattern, the concept is a hexagonal-shaped urban development with a human-centered surface layer and a functional underground layer. The auto group unveiled a virtual public exhibition of the concept that envisions a sustainable green city where large natural areas are p
October 31, 2022 -
POSCO opens solid electrolyte factory with initial production of 24 tons per year
SEOUL -- South Korea's leading steel group POSCO opened a solid electrolyte factory capable of producing 24 tons per year. The group will expand production gradually as part of its strategy to become a global player in the battery material market. The solid electrolyte factory in Yangsan, some 290 kilometers (180 miles) southeast of Seoul, will be jointly run by POSCO Holdings and Jeong Kwang, a domestic solid electrolyte material manufacturer, which set up a joint venture name
October 28, 2022 -
LGES signs supply deal with Australia's Syrah to receive 2,000 tons of natural graphite
SEOUL -- LG Energy Solution signed a supply deal with Syrah Resources, a resource company based in Australia, to receive 2,000 tons of natural graphite, a key component of lithium-ion batteries, from a plant to be built in Louisiana. The deal will help the South Korean battery maker reduce its reliance on Chinese raw materials regulated by a U.S. inflation reduction act. Under a memorandum of understanding, LG Energy Solution (LGES) will increase the scale of cooperation with Syr
October 20, 2022 -
Hyundai Rotem to install second hydrogen extractor at special demonstration zone
SEOUL -- Hyundai Rotem, a subsidiary of South Korea's Hyundai auto group, will install its second hydrogen extractor at a fusion charging station that uses biogas to produce and supply high-purity hydrogen after its first extractor showed a stable run with an operating rate of 99 percent in a special demonstration zone in Chungju, some 90 kilometers (56 miles) south of Seoul. In the demonstration zone that opened in March 2022, Hyundai Rotem installed its first hydrogen extracto
October 18, 2022 -
Hyundai auto group reveals new roadmap to convert all cars to software-defined vehicles by 2025
SEOUL -- South Korea's Hyundai auto group revealed a new roadmap to convert all cars to software-defined vehicles by 2025 that can allow customers to remotely upgrade the performance and functionality of their vehicles anywhere at any time. The group expects 20 million vehicles to be registered to its connected car service worldwide by 2025. Connected vehicles provide personalized services such as software subscriptions. All models, including those already purchased, will be ap
October 12, 2022 -
SK on makes equity investment in Australia's Lake to receive high-purity lithium for up to 10 years
SEOUL -- SK on, a major battery maker affiliated with South Korea's SK Group, made a strategic equity investment in Lake Resources, a clean lithium developer based in Australia, to acquire a 10 percent stake and receive 230,000 tons of high-purity lithium for up to 10 years, starting in the fourth quarter of 2024. The deal underlines SK on's efforts to diversify a supply chain of raw materials for electric vehicle batteries. SK on said it has signed a conditional framewo
October 12, 2022
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Global tech firms to present smart manufacturing solutions at 'Smart Factory + Automation World' in Seoul
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Occult thriller film 'Exhuma' attracts more than 10 mln moviegoers in 35 days of release
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Education company Visang provides smart Korean language learning platform 'Klass' to Vietnamese universities
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LS Cable embarks on construction of plant for new copper foil material
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Seoul's bus labor union launches strike for first time in 12 years
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Turkish automotive association seeks partnership with S. Korean companies
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US political turmoil reflects our wider society – in 2024 and earlier elections
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S. Korean mobility solution company targets historical city as gateway to Viet Nam
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Life expectancy in South Korea decreases for first time since 2000
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Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'