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Search results for Critical Raw Materials Act

Telecommunications & Media

South Korea government, 3 telecoms to recycle critical minerals from scrapped network equipment

South Korea\'s government and the country\'s three mobile carriers will cooperate to promote domestic circulation and reuse of rare earths and other critical minerals contained in scrapped telecommunications equipment. The Ministry of Science and ICT and the climate ministry signed an agreement on June 11 with SK Telecom, KT, LG Uplus, KCA and the Korea Environment Corporation. A pilot project will track disposal and distribution flows and support automation, facilities, and guidelines.

Industry

EcoPro BM ships first cathode materials to European OEM from Hungary plant

EcoPro BM has shipped high-nickel NCA cathode materials for the first time from its plant in Debrecen, Hungary, for supply to a European automaker OEM, the company said on Tuesday. Executives including CEO Moon-ho Choi attended the shipment ceremony. The complex houses several affiliates and has annual cathode capacity of 54,000 tons across three lines. EcoPro BM plans additional supply to other global OEMs this year and may consider building a second plant.

Industry

Ecopro Innovation signs 4-year lithium hydroxide supply deal with global automaker

Ecopro Innovation said on Thursday it signed a long-term lithium hydroxide supply contract with a global automaker. The company will supply a total of 12,000 tonnes over four years, equivalent to about 200,000 electric vehicles. It said this is its first lithium hydroxide supply deal with an automaker, following earlier long-term contracts with Samsung SDI in 2024 and SK On in 2025. The company cited its Hungary production base and closed-loop system as positives.