Seosan City, Korea, announced that it has signed an investment agreement with SK On to establish an ESS battery production facility.
Under the agreement, SK On will invest KRW 58.7 billion to convert part of its existing EV battery plant in the Seosan Auto Valley industrial complex into an ESS battery production facility. A 3 GWh-scale LFP battery production line for ESS will be installed within the site.
![Cobalt Product Prices Mostly Held Steady While Refined Cobalt and Cobalt Sulphate Quotes Continued to Edge Down: Where Is the Turning Point? [Weekly Review]](https://imgqn.smm.cn/usercenter/BQoXd20251217171731.jpg)
![[Lithium Battery: Sunwoda's 2025 Revenue Exceeds 63.246 Billion Yuan]](https://imgqn.smm.cn/usercenter/aXRJI20251217171728.jpg)

