Lattice Decides on 4 Billion Won Paid-In Capital Increase... Completes Superconducting Wire Production Process

Green Resource announced on March 3 that its subsidiary, Lattice, has decided to carry out a paid-in capital increase worth 4 billion won.

Through this fundraising, Lattice will complete 100% of the production process for superconducting wire for nuclear fusion power generation.

Lattice has already completed about 80% of the construction of its in-house superconducting wire production plant. The 4 billion won secured through this funding will be concentrated on completing the remaining 20% of the production line. Once the remaining production line is complete, Lattice will become the only company in the world with a vertically integrated system encompassing material supply, deposition equipment, mass production processes, and resource recycling.

Recently, as the spread of artificial intelligence (AI) data centers has led to a surge in electricity demand, nuclear fusion power is attracting global attention as the next-generation energy source. Superconducting wire is a material made by processing superconductors-which exhibit zero electrical resistance below a certain temperature-into wire form, and it serves as a key component for creating strong magnetic fields in nuclear fusion power plants.

Lattice is a specialized company with the IBAD (Ion Beam Assisted Deposition) process and related surface treatment technologies essential for superconducting wire production. Based on Green Resource's globally competitive deposition equipment technology and rare earth material recycling capabilities, the company is building a production and recycling ecosystem in the superconducting wire sector. Lattice's strategy with this capital increase is to become a leading provider of total solutions for superconducting wire for nuclear fusion. In 2024, Green Resource supplied mass-production deposition equipment for superconducting wire to a global company, successfully proving its performance.

A representative from Lattice stated, "The technological barriers for superconducting wire used in nuclear fusion power generation are extremely high, and only a handful of companies worldwide are capable of supplying it. With the completion of our production process through this paid-in capital increase, we will showcase unrivaled technology covering everything from materials to recycling, positioning ourselves as a global major in superconducting wire to address the energy challenges of the AI era."

This content was produced with the assistance of AI translation services.