# Daejoo Electronic Materials to build battery anode plant in Saemangeum, South Korea

Daejoo Electronic Materials signed an investment agreement to build a secondary battery anode material manufacturing facility in the Saemangeum National Industrial Complex, investing 204.5 billion won by 2026. Construction will start in 2023, creating 191 new jobs.

- Type: New facility
- Announced: 2022-11-11
- Where: Saemangeum National Industrial Complex, Gunsan, South Korea, South Korea
- Value: $150.0M (204.5B KRW)
- Jobs: 191
- Starts operating: 2026
- Status: announced
- Products: silicon-based anode materials for secondary batteries
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Daejoo Electronic Materials](https://endata.com/companies/66575.md)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202211111407419491), 2022-11-11: "We will establish a stable supply system in line with the rapidly rising secondary battery market situation and contribute to employment expansion and local economic development through continuous investment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.