LG Energy Solution expects third-quarter operating profit to rise 25.7% to 756 billion won, or 339.1 billion won without US tax credits. Analysts cited by Channel NewsAsia trace the beat to a one-off payment from an automaker that missed its purchase minimums, a sign of weak EV demand.
Perspective Coverage
3 publishers
- Builder
- Builder 10%
- Operator
- Operator 32%
- Investor
- Investor 58%
Reality
- Evidence72
- Adoption45
- Hype gap+35
- Incentives50
- Confidence68
LG Energy Solution will buy 240,000 tons of lithium concentrate from Canada's Elevra Lithium over four years, starting late this year. According to Seoul Economic Daily, the material can be refined for LFP storage cells or high-nickel car batteries, so LG can choose the market later.
Reality
- Evidence55
- Adoption35
- Hype gap+15
- Incentives55
- Confidence60
Korea's building fuel cell makers plan a joint export venture on Japan's 2009 Ene-Farm model after a new hydrogen law dropped their public-building mandate. Members and terms are still being discussed, while the dated contracts are in power generation and storage.
Reality
- Evidence45
- Adoption20
- Hype gap+15
- Incentives70
- Confidence45
Posco Future M will supply Samsung SDI with 6 trillion won of LFP cathode from 2027 to 2032, in volumes more than double the 190,000 tons agreed in August. The contract gives the supplier six years of demand to build plants against, provided Samsung SDI's volumes are firm.
Reality
- Evidence55
- Adoption45
- Hype gap+10
- Incentives60
- Confidence60
Korea's climate ministry targets commercial tandem solar cells by 2028 in a roadmap that will shape the country's 2028 national R&D investment standards. Superconducting grids go to a new advisory committee that will study the state's role over 10 to 20 years.
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+15
- Incentives45
- Confidence55