Korean rechargeable battery materials company EcoPro said Monday it has invested $11 million in a stake of a nickel smelting factory in Indonesia to secure the key battery material.
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By Kwanwoo Jun Ecopro Materials' stock jumped after index provider MSCI added it to its Korea index, a benchmark global equity funds track closely. Shares of.
EcoPro Materials stock price soared during Tuesday s trading session, following its new addition to the MSCI Korea Index, which was announced earlier in the day.