Search results for Ministry of Climate
Industry
Lithium prices rise to $22 as recycled battery sector nears profit turnaround
Lithium prices have climbed from about $8 to $22 in a year, ending a nearly three-year slide in secondary battery raw materials, helping resource recyclers that extract and resell metals from used batteries. The recovery in selling prices is raising expectations that a loss-making stretch of more than 10 quarters could shift to profit. Analysts also point to improving utilisation at new plants. The outlook hinges on supply, including expected new lithium mine operations by China’s CATL in the second half.
Industry
South Korea launches rapid-response R&D on cybersecurity, infectious diseases and more
The South Korean government is launching research and development to respond quickly to national emergencies such as cyberattacks, personal data leaks, new infectious diseases and chemical leaks. The Ministry of Science and ICT said it selected four projects for its cross-ministry rapid-response R&D programme and has begun work. Projects include cybersecurity vulnerability verification and response, early-stage analysis of large data breaches, AI-based vaccine and treatment candidate discovery and rapid diagnostics, and chemical accident prediction using sensors and IT.
Industry
Battery data becomes shield as recourse claims open in EV fire compensation
South Korea began an \"EV Fire Peace-of-Mind Insurance\" scheme in July that compensates damage before the cause is determined. Policy terms allow insurers to seek recourse from vehicle owners or drivers, manufacturers including parts makers, importers, charging-facility owners or managers, or other liable third parties once fault is confirmed. Battery makers are excluded from insured parties and premiums, but can face claims if defects are found or if losses exceed coverage limits.
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Industry
Saemangeum to become physical AI, robotics hub; Han PM says Hyundai Motor investment begins new direction
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Industry
Samsung, LG set record for most awards at Energy Winner Awards
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AI & Enterprise
Baek Kyung-hoon marks one year in office, says time to deliver tangible results on AI
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AI & Enterprise
Assembly science panel sets AI infrastructure as first agenda to support three mega-projects
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AI & Enterprise
Science ministry launches cross-government task force to support AI data centre buildout
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Industry
LG Energy Solution selected as first AI distribution grid ESS operator
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Industry
LG Electronics targets global market with heat pump technology
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Industry
Semiconductor hub expands to southwest as Samsung, SK outline 1,000 trillion won investment
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Industry
Hanwha Q Cells begins full-scale commercial validation of perovskite tandem
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Industry
Shinsung E&G undertakes three national projects in offshore, recycling and low-temperature processes
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Industry
LG Electronics signs deal to build used refrigerant recycling, refurbished product system
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Industry
South Korea discusses emissions-cut goals at U.N. climate meeting
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AI & Enterprise
KISA steps up support for public sector N2SF adoption
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AI & Enterprise
AI strategy committee begins preparations to implement AIDC special act
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Games & Commerce
KakaoTalk, KakaoMap to offer national park facility reservations