[Special Stock] Ecopro BM Surges 20% on 43.9 Trillion KRW Cathode Material Deal with Samsung SDI

EcoPro BM surged following the news of signing a cathode material supply contract worth 43.87 trillion KRW with Samsung SDI.

As of 9:23 AM on the 4th, EcoPro BM was trading at 337,000 KRW, up 20.36% compared to the previous trading day.

On the 1st, EcoPro BM announced that it had signed a supply contract for high-nickel nickel-cobalt-aluminum (NCA) cathode materials for secondary batteries with Samsung SDI.

The contract period is from January next year until the end of December 2028. The products will be supplied to Samsung SDI's domestic and overseas factories.