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LG Chem to invest in Chinese copper foil manufacturer DeFu
LG Chem Ltd. (LG Chem) announced a plan to invest KRW 40 billion (about JPY 3.88 billion) to acquire a stake in Jiujiang DeFu Technology Co., Ltd. (DeFu). DeFu is the third-largest Chinese secondary battery copper foil manufacturer in terms of production capacity in 2020. It has plants in Jiujiang, Jiangxi, and Lanzh....
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