Tag: ecopro bm

ecopro bm

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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

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

Most popular

Samsung SDI's Vice President Kim Ik-hyeon, left, and EcoPro BM CEO Joo Jae-hwan signed a five-year supply deal for cathode materials worth 44 trillion won ($34 million) at EcoPro BM's headquarters in Cheongju, North Chungcheong, on Friday. [ECOPRO BM]

EcoPro BM secures $34 billion deal as Samsung SDI's cathode supplier

EcoPro BM, a battery material subsidiary of EcoPro, closed a 44 trillion won ($34 billion) deal to supply cathode materials to Samsung SDI for five years from 2024, the company said on Sunday.

2023.12.3

Officials of SK On, EcoPro BM, Ford and the Canadian government attend a groundbreaking ceremony for a new cathode plant at Quebec, Canada, Thursday. [SK ON]

SK On, EcoPro BM to build $886 million plant with Ford in Quebec

SK On, EcoPro BM and Ford will jointly pour 1.2 billion Canadian dollars ($886 million) to construct a cathode plant in Quebec, Canada, the companies announced Thursday.

2023.8.18

People line up to enter a duty-free shop in Myeong-dong in central Seoul on Aug. 11. [YONHAP]

EV battery stocks run out of juice as focus turns to other sectors

EV battery stocks have lost traction in recent weeks as the expected recovery of Chinese tourists put hotels, duty-free shops and cosmetics into the spotlight following China’s lifting of its group tour ban to Korea last week.

2023.8.15

Million mark

EcoPro stock passed the 1-million-won ($760) mark to reach 1.015 million won at 9:20 a.m. Monday. The battery materials maker turned in earlier gains to close at 965,000 won, down 1.53 percent from the previous session.

2023.7.10

EcoPro BM's building in Pohang, North Gyeongsang [YONHAP]

[NEWS IN FOCUS] EcoPro stocks skyrocket, but some analysts spooked

EcoPro, a chemicals group that owns a battery materials unit, soared almost 500 percent in the first four months on the Kosdaq stock market, prompting investors and analysts to scrutinize the company.

2023.4.20

An EcoPro BM building in Pohang, North Gyeongsang [YONHAP]

Analysts recommend caution for soaring EcoPro stocks

EcoPro stocks just might be the stock of the year so far, but analysts are wary of the overheating prices.

2023.4.4

Former EcoPro Chairman Lee Dong-chae, third from left, and Samsung SDI CEO Choi Yoon-ho, middle, hold a ribbon-cutting ceremony to mark the completion of a cathode materials factory in Pohang, North Gyeongsang on Friday. [SAMSUNG SDI]

EcoPro EM completes construction of Pohang cathode materials plant

EcoPro EM, a joint venture between Samsung SDI and EcoPro BM, held a ceremony Friday to celebrate the completion of a cathode materials factory in Pohang, North Gyeongsang.

2022.10.23