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Lotte Chemical Corporation (011170.KS)

KSE - KSE Delayed Price. Currency in KRW
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182,000.00+5,000.00 (+2.82%)
At close: 03:30PM KST
Full screen
Previous close177,000.00
Bid179,500.00 x 0
Ask180,000.00 x 0
Day's range178,000.00 - 185,000.00
52-week range164,500.00 - 268,500.00
Avg. volume96,007
Market cap6.238T
Beta (5Y monthly)0.61
PE ratio (TTM)N/A
Earnings date03 Nov 2022 - 07 Nov 2022
Forward dividend & yield8,300.00 (4.56%)
Ex-dividend date29 Dec 2021
1y target est235,310.00
  • Reuters

    Exclusive-Soelect, Lotte Chemical aim to scale up U.S. output of battery components

    Battery startup Soelect and Korean supplier Lotte Chemical said on Tuesday they intend to invest more than $200 million in a joint venture to make advanced battery components for electric vehicles in the United States. The companies signed a memorandum of understanding to scale up production of Soelect’s LiX lithium metal anodes for next-generation batteries with higher energy density and fast-charging capability. EV batteries with lithium metal anodes have the potential to store more energy - thus providing longer vehicle range between charges - as well as the ability to charge much faster than vehicles equipped with current lithium-ion batteries that use graphite or silicon-rich anodes.