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South Korea science ministry breaks ground on Korea New Light Accelerator, aims for 2029 completion

South Korea\'s Ministry of Science and ICT and the Korea Basic Science Institute on July 27 held a groundbreaking ceremony for the Korea New Light Accelerator in Ochang, Cheongju. The fourth-generation circular synchrotron will use radiation generated by accelerating electrons close to the speed of light to analyse materials at the atomic level. The ministry plans to invest 1.16 trillion won, aiming to complete the project by end-2029, with KBSI overseeing construction.

Industry

LG Energy Solution raises NMP recycling rate to 97 percent, expands to global sites

LG Energy Solution said it has raised the recycling rate of an essential solution used to make battery cathode materials to 97 percent and will expand the practice to its global sites. It published its “LG Energy Solution ESG Report 2025” on Tuesday. The report includes expanding new NMP solvent recycling technology, appointing an outside director as board chair for the first time, and establishing new ESG disclosure rules.

Industry

LG Energy Solution strengthens supply chain with shared growth pact

LG Energy Solution is expanding support programmes for partner companies to strengthen a shared-growth framework in its supply chain. The company said on May 7 it held a “shared growth partnership agreement ceremony” at its Ochang energy plant in North Chungcheong province a day earlier. About 20 people attended, including Democratic Party lawmaker Song Jae-bong and company executives. The pact aims to comply with fair-trade laws and boost mutual competitiveness through cooperation.