EcoPro Group unit stocks surge as EV sales to boost battery materials demand
newscatcher
2023-03-07 03:31
EcoPro Group unit stocks surge as EV sales to boost battery materials demand
EcoPro BM headquarters [Courtesy of EcoPro BM]Shares of EcoPro Group subsidiaries have jumped on the Kosdaq market on expectations that growing sales of electric vehicles will generate more demand for key materials that are needed in batteries.As of Monday, cathode maker EcoPro BM Co. closed at 217,000 won ($166.9), a 19.17 percent rise from a day before, making the company the largest company on Kosdaq by market capital. EcoPro Co., the cathode maker's holding company, also gained 3.34 percent, while affiliate EcoPro HN Co.

https://n.news.naver.com/mnews/article/009/0005097805?sid=104

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