[Market Focus] Lotte Energy Materials Surges for Third Day on AI Circuit Foil Hopes, Hits Record High

Lotte Energy Materials continued its strong upward trend for the third consecutive day, hitting a new 52-week intraday high.

As of 9:20 a.m. on November 12, Lotte Energy Materials was trading at 39,200 won on the Korea Exchange, up 4,050 won (11.52%) from the previous day. The stock climbed as high as 39,400 won during the session, setting a new 52-week high once again. Lotte Energy Materials had previously hit the daily upper limit on November 10, and rose by more than 9% the day before as well.

Expectations for circuit foil used in artificial intelligence (AI) applications appear to be driving the share price higher. Lotte Energy Materials recently announced during its third-quarter earnings release that it plans to quickly secure future growth opportunities by shifting its product portfolio toward high-value-added circuit foil for AI and battery foil for energy storage systems (ESS).

Kim Yerim, a researcher at Korea Investment & Securities, stated, "Circuit foil for AI currently faces limited supply, so shipments will expand depending on how quickly Lotte Energy Materials can convert its production capacity. The revenue share is expected to rise from 9.2% in 2025 to 17% in 2026 and 27% in 2027, serving as a key driver for revenue growth and improved profitability."