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EcoPro completes construction of cathode material plant in Hungary

EcoPro has completed the construction of a cathode material plant in Debrecen, Hungary, in a bid to actively target the European market amid the continent's tightening rules on core materials in the electric vehicle supply chain.

2025.11.30

EcoPro founder Lee Dong-chae speaks during an event celebrating the company's 27th anniversary on Oct. 22 at its headquarters in Ochang, North Chungcheong. [ECOPRO]

EcoPro BM to set up European subsidiary to fuel EV momentum

EcoPro BM, a Korean battery materials producer, will establish a sales subsidiary in Europe to swiftly respond to the region’s growing demand for EVs and to navigate shifting global trade dynamics.

2025.10.26

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EcoPro founder and former chairman Lee Dong-chae, middle, poses with the recipients of awards given to outstanding employees at the company's complex in Pohang, North Gyeongsang, on Oct. 22. [ECOPRO]

EcoPro eyeing China's GEM for Indonesian joint venture

EcoPro plans to form a joint venture with China's GEM in Indonesia to enhance its EV battery material production, aiming for cost competitiveness amid possible prolonged market downturns.

2024.10.30

Executives of Hyundai Motor and Kia, Hyundai Steel and EcoPro BM take a photo after having a discussion on a government-led project to develop lithium iron phosphate batteries without precursors in Daegu on Wednesday. [HYUNDAI MOTOR]

Hyundai, Kia launch project to develop LFP batteries without precursors

Hyundai and Kia have partnered with Hyundai Steel and EcoPro BM to develop lithium iron phosphate batteries without precursors, a massive cost-reduction method.

2024.9.26

EcoPro founder Lee Dong-chae speaks during the groundbreaking ceremony of the company's cathode plant in Hungary in April last year. [ECOPRO]

EcoPro shares lose their charge on $40 million operating loss in Q2

The Korean battery materials company posted 54.6 billion won in operating losses during the April-June period amid slowing EV demand.

2024.7.31

EcoPro Innovation headquarters in Pohang, North Gyeongsang [ECOPRO INNOVATION]

Samsung SDI seals lithium deal with EcoPro Innovation

Samsung SDI will source 154,000 tons of lithium hydroxide, a critical ingredient in battery production, from EcoPro Innovation through 2033.

2024.6.11

Green Eco Nickel, operated by China's battery recycling company GEM, is located on Sulawesi Island in Indonesia. [ECOPRO]

EcoPro invests $11 million in Indonesian nickel plant

EcoPro acquired a 9 percent stake in an Indonesian nickel processing plant for $11 million.

2024.3.25

EcoPro founder Lee Dong-chae speaks during the groundbreaking ceremony of the company's cathode plant in Hungary in April 2023. [ECOPRO]

EcoPro to invest $885 million to expand EV battery material production

EcoPro, the parent company of battery materials producer EcoPro BM, will invest 1.18 trillion won ($885 million) in Korea this year to expand factories for electric vehicle (EV) battery materials.

2024.3.10

EcoPro founder Lee Dong-chae speaks during a groundbreaking ceremony for the company's Hungary cathode plant in April. [ECOPRO]

EcoPro announces 5-for-1 stock split as profit halves

EcoPro plans to split its stock on a five-for-one basis after reporting an 83 percent drop in net profit due to slowing EV sales. Kosdaq-listed EcoPro BM aims to transfer its listing to the Kospi.

2024.2.7