Lithium carbonate demand in South Korea to increase
----Interview with Sangwoong Lee
Sales&Purchasing General Manager
Jae Young Tech
Sales&Purchasing General Manager
Jae Young Tech
Established in 2016, Jae Young Tech started lithium carbonate production in 2017. As the only battery grade lithium carbonate 99.5%min producer in South Korea at present with an annual production capacity of 1,200t, the company’s output in 2022 recorded about 500t. It plans to enlarge output to around 1,200t in 2023. The company will establish a battery recycling joint venture in North America with LG at the end of 2023.