A passerby throws out a lithium-ion power bank at its dedicated recycling bin installed at the Daemyung 9-dong Administration & Welfare Center in Nam District in Daegu on Wednesday.
It's a marked difference from the previous year's 52.3 billion won loss. Net profits for the year surged to 80.4 billion won from a loss of 29.7 billion won one year earlier.
The trade balance for Korean batteries, which had been on an upward trend over the past decade, entered negative territory this year as companies increasingly shift towards on-site production at their respective foreign markets.
Lithium, atomic number 3, is the lightest metal. It is used in medicine for bipolar disorder. Australian medical scientist John Cade (1912~1980) accidentally discovered that lithium was effective in calming guinea...
SK Innovation has partnered with John B. Goodenough, a 2019 Nobel laureate, to co-develop battery technology for the future, the company said Thursday.
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