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Lotte Chemical Corporation (011170.KS)

KSE - KSE Delayed Price. Currency in KRW
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191,500.00+1,000.00 (+0.52%)
At close: 03:30PM KST
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Previous close190,500.00
Open190,500.00
Bid191,000.00 x 0
Ask192,500.00 x 0
Day's range189,000.00 - 192,500.00
52-week range182,000.00 - 277,000.00
Volume58,816
Avg. volume91,209
Market cap6.564T
Beta (5Y monthly)0.58
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date03 Feb 2022 - 07 Feb 2022
Forward dividend & yield8,300.00 (4.31%)
Ex-dividend date29 Dec 2021
1y target est261,500.00
  • 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.