Minister of Trade, Industry and Energy Lee Chang-yang, sixth from left, poses with representatives from LG Energy Solution (LGES) and three Canadian companies ― Electra, Avalon and Snow Lake ― after signing memorandums of understanding at CIBC Square in Toronto, Thursday (local time). Courtesy of LGES
LG Energy Solution inks battery materials supply deal with 3 Canadian firms
By Park Jae-hyuk
Korean companies agreed with their Canadian partners to enhance cooperation ahead of President Yoon Suk-yeol's summit with Canadian Prime Minister Justin Trudeau in Ottawa, Friday (local time).
LG Energy Solution (LGES) signed memorandums of understanding (MOUs) in Toronto, Thursday, with three Canadian mineral suppliers ― Electra, Avalon and Snow Lake ― to source core raw materials for electric vehicle (EV) batteries, such as cobalt sulfate and lithium hydroxide.
