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[Special Stock] GI Tech Secures LG Ensol's 'Game Changer' Dry Process Technology... Partner Spotlight↑

[Special Stock] GI Tech Secures LG Ensol's 'Game Changer' Dry Process Technology... Partner Spotlight↑

GI Tech is showing strong performance. This is interpreted as being influenced by the news that LG Energy Solution has secured dry electrode process technology, known as the next-generation battery manufacturing method, and will start mass production of products from 2028.


As of 1:24 PM on the 25th, GI Tech is trading at 2,355 KRW, up 6.08% compared to the previous day.


According to industry sources, LG Energy Solution announced on the same day that it has secured mass production capability of the dry electrode process at the Energy Plant pilot line in Ochang, Cheongju, Chungbuk. Products using the new process will be mass-produced starting in 2028.


The dry electrode process is called a game changer in the battery industry because it enables cost innovation throughout the entire production compared to the wet process. Currently, most batteries are made using the wet process. The wet process involves drying organic solvents dissolved with chemicals at temperatures above 200 degrees to create cathodes and anodes, whereas the dry process uses solid powder instead of organic solvents, allowing this step to be omitted.


Meanwhile, GI Tech is a company that produces essential parts for the secondary battery electrode coating process, such as slot dies and slit nozzles. In 2022, it began developing innovative dry electrode processes for technological transformation and is accelerating the development of new dry process equipment business through a joint venture with Green Energy, a pouch-type LTO (Lithium Titanate Oxide) battery manufacturer. GI Tech's main customer is known to be LG Energy Solution.


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