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LG Chem, Ltd. (051910.KS)
| Previous close | 313,000.00 |
| Open | 312,500.00 |
| Bid | 306,500.00 x 0 |
| Ask | 307,000.00 x 0 |
| Day's range | 302,000.00 - 312,500.00 |
| 52-week range | 299,500.00 - 679,000.00 |
| Volume | |
| Avg. volume | 291,462 |
| Market cap | 23.816T |
| Beta (5Y monthly) | 1.30 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3,500.00 (1.12%) |
| Ex-dividend date | 27 Dec 2023 |
| 1y target est | N/A |
- Reuters
Vietnam misses out on Intel, LG Chem investments due to lack of incentives, ministry document shows
Vietnam has missed out on multi-billion dollar investments by multinationals including Intel and LG Chem because it lacks sufficient investment incentives, the country's investment ministry said in a document reviewed by Reuters. U.S. chipmaker Intel had proposed to invest $3.3 billion in a project in Vietnam and asked the country for "cash support" of 15%, but later decided to move the project to Poland, the ministry said in the document dated June 29. South Korea's LG Chem Ltd also skipped Vietnam to invest in a battery project in Indonesia, after having asked Vietnam to cover 30% of the investment cost, the document said.
- Zacks
General Motors (GM) Inks a $19B Deal for EV Battery Materials
The $19 billion deal between General Motors (GM) and LG Chem represents a landmark moment in the evolution of the EV industry.
- Reuters
UPDATE 1-South Korea's LG Chem signs $19 bln cathode supply deal with General Motors
South Korea's LG Chem on Wednesday said it has signed a deal worth 24.7 trillion won ($18.61 billion) to supply electric vehicle (EV) battery cathodes to General Motors from this year to 2035. The South Korean petrochemicals giant plans to supply more than 500,000 tonnes of materials to make cathodes, enough to power about 5 million EVs, LG Chem said in a statement. LG Chem is currently building a battery cathode plant in the U.S. state of Tennessee, which is slated to start mass production in 2026.
