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Thursday, March 28, 2024

South Korea’s LGES revives Arizona battery factory plan with $5.6 bln investment

SEOUL, March 24 (Reuters) – South Korea’s LG Energy Solution Ltd (LGES) (373220.KS) said on Friday it would invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, reviving a project paused last year due to adverse economic conditions. The world’s third-ranked electric vehicle …

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