SK Nexilis, an investment company of SKC's secondary battery copper foil business, will supply copper foil worth 200 billion won to Chinese battery companies. According to industry insiders, SK Nexilis recently signed a long-term copper foil supply contract with Far East AESC. The supply period is 10 years (starting from 2025) and the supply scale is 200 billion won.
Copper foil is the core material in the negative electrode collector of electric vehicle batteries. Far East AESC is a battery company established by Nissan Motor and others, and was acquired by China's new renewable energy company Far East Group in 2019. At present, factories are located in the United States, Japan, China and other places, mainly supplying global vehicle companies such as Nissan and BMW.

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