SMS Group to supply logistics system for LOTTE's $238.7M aluminium foil plant in Kentucky

SMS Group will provide a logistics and storage system for LOTTE Group's $238.7 million aluminium foil plant in Elizabethtown, Kentucky, which will produce 36,000 tonnes per year of cathode foil for EV batteries. The collaboration was announced on November 29, 2022.

“Cathode foil is one of the four major components of lithium-ion batteries.”fastmarkets.com

• 1 source
• fastmarkets.comGlobal firms SMS, LOTTE cooperate on new EV-focused US aluminium plant - FastmarketsOrla O'SullivanDec 2, 2022

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