051910.KS - LG Chem, Ltd.

KSE - KSE Delayed Price. Currency in KRW
325,500.00
-1,500.00 (-0.46%)
At close: 3:30PM KST
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Previous Close327,000.00
Open323,000.00
Bid325,000.00 x 0
Ask325,500.00 x 0
Day's Range319,000.00 - 326,500.00
52 Week Range302,000.00 - 393,000.00
Volume173,584
Avg. Volume153,196
Market Cap23.853T
Beta (3Y Monthly)0.60
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateJul 22, 2019 - Jul 26, 2019
Forward Dividend & Yield6,000.00 (1.66%)
Ex-Dividend Date2018-12-27
1y Target Est453,379.00
  • Volvo Cars signs 'multi-billion dollar' supply deals with Asian battery firms
    CNBC10 days ago

    Volvo Cars signs 'multi-billion dollar' supply deals with Asian battery firms

    The company has lofty ambitions when it comes to electric mobility.

  • Reuters10 days ago

    Volvo taps Asia's LG Chem, CATL for long-term battery supplies

    SEOUL/BEIJING (Reuters) - Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025. The agreements follow a series of pacts between Asia-based battery companies and global carmakers, who are planning a $300 billion (232 billion pounds) surge in spending on electric vehicle (EV) technology over the decade. Long-term battery supply arrangements are much-valued by carmakers and investors, as they help to clear supply bottlenecks at a time of soaring demand and hold out the promise of cheaper batteries over time.

  • EV battery maker LG Chem sues SK Innovation, alleges trade secret theft
    Reuters25 days ago

    EV battery maker LG Chem sues SK Innovation, alleges trade secret theft

    SEOUL (Reuters) - Electric vehicle (EV) battery maker LG Chem said it has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets. LG Chem and its American unit ...

  • Thomson Reuters StreetEvents28 days ago

    Edited Transcript of 051910.KS earnings conference call or presentation 24-Apr-19 7:00am GMT

    Q1 2019 LG Chem Ltd Earnings Call

  • Reuters2 months ago

    South Korea's LG Chem sets up joint venture with Vietnam's VinFast

    South Korea's LG Chem said on Sunday that it has set up a joint venture with Vietnam's VinFast Trading and Production to produce lithium-ion batteries for the Vietnamese carmaker's electric scooters and electric vehicles. The two companies established their joint venture factory in the Vietnamese northern port city of Hai Phong, with an aim to produce lithium-ion battery packs for VinFast's electric scooters that are being made now and electric cars to be produced in the future, the South Korean battery maker said in a statement.

  • Reuters2 months ago

    Johnson Matthey chooses Poland to produce new battery materials

    Chemicals group Johnson Matthey has secured a site in Poland to produce ultra-high energy battery materials and signed a 10-year supply deal with Canada's Nemaska Lithium as it seeks to grow its exposure to the electric vehicle market. Plant construction should begin this year at Konin, about 200 kilometres west of Warsaw, and it would have the potential to produce up to 100,000 tonnes per year, Johnson Matthey said in a statement on Thursday. Johnson Matthey in 2017 said it was preparing for the shift to electric driving by investing 200 million pounds ($263 million) in developing next-generation technology.

  • France's Macron unveils plan to give electric battery industry a jolt
    Reuters3 months ago

    France's Macron unveils plan to give electric battery industry a jolt

    France will invest 700 million euros (614 million pounds) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers' reliance on dominant Asian rivals, President Emmanuel Macron said on Wednesday. In a speech to the Paris-based International Organisation of Motor Vehicle Manufacturers, Macron unveiled his strategy to help the French car industry fend off competition on electric vehicles (EV) and autonomous cars from Asian and U.S. tech giants. The plan comes after Germany in November set aside 1 billion euros to support battery cell production to reduce dependence on Asian suppliers and shore up jobs at home that may be at risk from the shift away from combustion engines.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of 051910.KS earnings conference call or presentation 30-Jan-19 7:00am GMT

    Q4 2018 LG Chem Ltd Earnings Call

  • Reuters4 months ago

    S.Korean stocks rise on Apple earnings; Fed rate decision awaited

    Round-up of South Korean financial markets: ** South Korean shares rose 1 percent on Wednesday, buoyed by Apple Inc's earnings, while investors awaited the U.S. Federal Reserve's policy decision due later ...

  • Reuters4 months ago

    Germany to fund research facility for EV battery technology

    The German government will fund a research facility to offer firms in Germany know-how to develop battery cells for electric vehicles (EVs), the science minister said on Wednesday, seeking to compete with Asian producers which dominate the industry. Anja Karliczek said her ministry would invest 500 million euros ($568 million) to support research into both existing and next-generation EV battery cell technology. "The German car industry shouldn't depend on Asian suppliers," Karliczek told a business conference in Berlin.

  • Reuters4 months ago

    Toyota, Panasonic announce battery venture to expand EV push

    Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world's largest automakers and battery makers to expand their EV push. Toyota will own 51 percent of the joint venture, and Panasonic the rest, the two companies said in a joint statement on Tuesday, confirming previous reports. The joint venture, which builds on an initial lithium-ion battery partnership struck between the two companies in late 2017, reflects the aim of the Japanese companies to become a bigger global player in the battery industry, which is vital for the development of affordable EVs.

  • Reuters4 months ago

    Ford and IBM among quartet in Congo cobalt blockchain project

    Carmaker Ford, technology giant IBM, South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain project to monitor cobalt supplies from Democratic Republic of Congo. The pilot, overseen by responsible-sourcing group RCS Global, aims to help manufacturers ensure that cobalt used in lithium-ion batteries has not been mined by children or used to fuel conflict. Companies are under pressure from consumers and investors to prove that minerals are sourced without human rights abuses, but tracking raw materials throughout their journey is challenging.

  • Reuters4 months ago

    LG Chem to spend $1.07 billion on expanding battery plants in China

    South Korea's LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand. Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing, the company said in a statement. Last year, the South Korean battery maker announced a plan to invest about 2 trillion won to build a second electric car battery plant by 2023 in Nanjing.

  • Reuters5 months ago

    South Korea's SK Innovation bets on Europe, China electric vehicle demand

    South Korea's SK Innovation , a supplier of electric vehicle (EV) batteries to Daimler (DAIGn.DE) and Volkswagen (VOWG_p.DE), aims to boost production capacity more than tenfold by 2022, betting on global demand. The company expects the battery business to break even in 2020, a senior manager said at a news conference on Wednesday at the company's plant in Seosan, a three-hour drive from Seoul. The outlook comes days after Mercedes maker Daimler said it would buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles.

  • Reuters5 months ago

    Recharge - LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Recharge: LG and Samsung take heart as China flags more open car battery market
    Reuters5 months ago

    Recharge: LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Reuters5 months ago

    Australia's Kidman Resources, LG Chem ink lithium hydroxide deal

    Australia's Kidman Resources has signed a preliminary deal to supply lithium hydroxide to LG Chem Ltd of South Korea, Kidman said on Wednesday, as suppliers to the electric vehicle industry rush to secure raw materials for a boom in demand. Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years. Australia is shaping up as a top supplier of lithium and other minerals for electric vehicle batteries and two major new lithium hydroxide plants are due to come on line next year.

  • Reuters5 months ago

    Dutch start-up Lithium Werks considering European battery plant

    Dutch start-up Lithium Werks BV is considering Poland and other European countries for a storage battery plant alongside the 1.6 billion euro ($1.8 billion) one it plans to build in China, founder Kees Koolen told Reuters on Monday. Asian players such as CATL, Samsung and LG Chem have taken a lead in the market by locking in supply deals with manufacturers of electric cars, leaving Europe scrambling to catch up. Sweden's Northvolt is aiming to build Europe's biggest battery cell plant in its home market and said earlier this year it had also partnered with South Bay Solutions, a supplier of U.S. electric carmaker Tesla, to jointly set up a plant in Gdansk in Poland.

  • Reuters5 months ago

    Daimler to buy £18 billion of battery cells for electric car drive

    Daimler (DAIGn.DE) will buy battery cells worth more than 20 billion euros (18 billion pounds) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday. The company is one of a number of German automakers massively expanding in electric vehicles as European regulators clamp down on toxic diesel emissions. "With extensive orders for battery cells until the year 2030, we set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said in a statement.

  • Reuters6 months ago

    South Korea's SK Innovation to build its first U.S. EV battery plant

    South Korea's SK Innovation said on Monday it will spend 1.14 trillion won ($1.01 billion) to build its first electric vehicle (EV) battery plant in the United States to better compete in the global EV battery market. SK Innovation will begin construction in the southeast U.S. state of Georgia in early 2019, with production targeted for 2022, the company said in a statement. Last month, SK Innovation said it was considering building an EV battery plant in the United States to win customers in one of the world's top markets for electric vehicles.