Iljin Materials Signs Supply Contract for Secondary Battery Components

[Asia Economy Reporter Minwoo Lee] Iljin Materials announced on the 13th that it has signed a 'secondary battery Elecfoil (I2S 5㎛) supply contract.' The contracting party and the scale were not disclosed.

The company stated, "The contract volume is 1,200 tons of secondary battery Elecfoil (I2S 5㎛) (approximately 40 billion KRW), and the contract period is from May 1, 2021, to April 30, 2022." They added, "This volume is confirmed with the customer as of now and may increase depending on the progress."