EcoPro150is racing to secure enough nickel for electric vehicles
The EcoPro Group said it expects to secure enough nickel for electric vehicles equivalent to the size of total domestic car sales in South Korea by acquiring a stake in an Indonesian nickel smelter.150The company said it will acquire a stake in the BNSI smelter through a capital increase to respond to offshore regulations.
The EcoPro Group said it expects to secure enough nickel for electric vehicles through an investment in an Indonesian nickel smelter.150The company said this volume is comparable to the scale of annual domestic car sales in South Korea.
EcoPro BM held an IR meeting for domestic and overseas institutional investors from the 3to the 10, it disclosed on the 12The company explained the outline of the capital increase, the background for pursuing it, the purpose of the fundraising, and the specific plan for how the funds will be used during the IR.
According to the company, it is pushing ahead with preemptive investment through a capital increase amid restrictions by the Indonesian government on new nickel smelter permits. Specifically, it said it plans to maximize its ability to respond to offshore regulations by securing a stake in the BNSI smelter using the capital raised through the stock offering.
The EcoPro Group announced that this investment will be carried out within the investment scope of the Indonesia IMIP 1stage. The company said securing the supply chain contributes to building Korea’s electric vehicle ecosystem and securing resource sovereignty.
The company said the announcement was made through IR materials and disclosures, and added that further disclosures regarding a paid-in capital increase and equity acquisition are planned.
Sources: 파이낸셜뉴스 산업
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