[Asia Economy Reporter Park Ji-hwan] Joil Aluminum is showing a strong rise of over 20% following news that it has signed a supply contract for secondary battery cathode foil materials worth 160 billion KRW with Lotte Aluminum.
As of 9:33 AM on the 6th, Joil Aluminum is trading at 2,800 KRW, up 480 KRW (20.69%) compared to the previous trading day.
The day before, Joil Aluminum announced that it had signed a supply contract for secondary battery cathode foil materials with Lotte Aluminum. This contract is valued at 159.5 billion KRW, accounting for 47.91% of recent sales.
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