|Bid||671,000.00 x 0|
|Ask||672,000.00 x 0|
|Day's range||665,000.00 - 685,000.00|
|52-week range||437,000.00 - 774,000.00|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||12,000.00 (1.69%)|
|Ex-dividend date||29 Dec 2021|
|1y target est||N/A|
Korean Zinc and commodities trader Trafigura are in advanced talks to form a joint venture to build a nickel smelter as part of the Korean company's expansion in renewable energy, batteries and resource recyling, they said late on Wednesday. Nickel is one of the key materials used to make electric vehicle batteries. As part of the deal, Trafigura along with Morgan Stanley and Korea Investment & Securities will take a stake in Korea Zinc through treasury shares worth 372.3 billion won ($280 million).
SEOUL (Reuters) -South Korea's LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S. electric vehicle components. It's one of the first major EV-related investments announced by a South Korean firm in the United States since a new U.S. law was passed in August that puts automakers and battery suppliers relying heavily on China for sourcing at a cost disadvantage. Mass production is set to start in the second half of 2025 and the plant will create more than 850 jobs, LG Chem said in a statement.
Aveo Pharmaceuticals (AVEO) is set to be acquired by LG Chem for an aggregate amount of $566 billion. The deal is expected to close by early 2023. Stock up.