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Battery maker LG Energy Solution expects to post an operating loss in the first quarter of this year due to the fallout from the Iran war.
LG Energy Solution estimated a 145 percent surge in operating profit in the first quarter on strong sales of electric vehicle batteries overseas.
LG Energy Solution signed a supply deal with Kansas-based Compass Minerals to source lithium carbonate, a key raw material in electric vehicle (EV) batteries.
Korea JoongAng Daily Sitemap