DI Dongil Invests 110 Billion Won in Cheongju Facility for LFP Battery Materials
DI Dongil plans to invest 110 billion won in a new facility at its Cheongju Aluminum Plant to produce carbon-coated aluminum foil for Lithium Iron Phosphate (LFP) batteries. The investment will occur in stages from February 2026 until 2030, starting with 20 billion won this year. The facility aims to enhance competitiveness in the global battery materials market and is expected to produce 25,000 metric tons of foil annually by 2030, generating approximately 250 billion won in new sales.
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DI Dongil is investing 110 billion won in its Cheongju Aluminum Plant to establish a production facility for carbon-coated aluminum foil for LFP batteries. The investment will be phased, starting with 20 billion won this year and continuing until 2030.
By the end of 2024, this amount will represent 19.6% of the company's equity capital. The facility aims to produce 25,000 metric tons of carbon-coated aluminum foil annually by 2030, projecting new sales of about 250 billion won. The plant will utilize advanced technologies from German manufacturer Achenbach to enhance the quality of aluminum foil supply.
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