Pro Materials News Today

EcoPro, a South Korean battery materials holding company, said Monday that it had invested $11 million for a 9 percent share in Green Eco Nickel, an Indonesian nickel smelter operated by Chinese battery materials firm GEM, to expand the supply of nickel, a crucial raw material for lithium-ion battery production. The Green Eco Nickel smelter, situated on Sulawesi Island in Indonesia, boasts annual production of approx...

EcoPro Materials stock price soared during Tuesdays trading session, following its new addition to the MSCI Korea Index, which was announced earlier in the day.

As Tesla released a disappointing quarterly earnings report that largely missed its estimates on Wednesday afternoon (U.S. time), shockwaves rippled to many Korean stocks related to the secondary battery sector on Thursdays session.

SEOUL -- EcoPro Materials, a South Korean electric vehicle battery materials company, debuted on Seoul's main stock exchange on Friday, with its shares rising…

SEOUL -- EcoPro Materials, a South Korean electric vehicle battery materials company, made a surprisingly strong debut on Seoul's main stock exchange

This years initial public offerings (IPOs) made on Koreas main benchmark, the KOSPI, are expected to record the poorest performances in the past five years, due mainly to increased market volatility from soaring interest rates and unfavorable external conditions.

A timely listing of EcoPro Materials, a cathode material precursors producer, appears unlikely, as authorities have yet to grant approval for the firms bid to go public amid lingering owner risks after its group chief was recently convicted of insider trading.

A timely listing of EcoPro Materials, a cathode material precursors producer, appears unlikely, as authorities have yet to grant approval for the firms bid to go public amid lingering owner risks after its group chief was recently convicted of insider trading.

Expectation for end of interest hikes and IPO market reform to boost slowed listing activities The initial public offering pipeline for the second half of the year appears to be strong, with high-profile companies, including a fabless chip startup and a battery material maker, pushing for their listings on the Korean stock market to raise equity capital amid relaxed IPO rules. The IPO market here remained sluggish i...