Dong Il Aluminium invests KRW 220B in Cheongju plant expansion

Dong Il Aluminium Co. finalized an investment of KRW 220 billion (USD 164.89 million) to build production and infrastructure in Cheongju, South Korea, adding three rolling mills by 2025 to double capacity for EV battery aluminum foil.

“It has recently finalized an investment worth 220 billion won ($164.89 million) in building production and infrastructure in Cheongju, south of Seoul.”pulse.mk.co.kr

• 2 sources
• pulse.mk.co.krKorean aluminum maker to raise output to meet demand for EVs - 매일경제 영문뉴스 펄스(Pulse)May 16, 2023
• pulse.mk.co.krKorean aluminum maker to raise output to meet demand for EVs - 매일경제 영문뉴스 펄스(Pulse)May 16, 2023

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