LS ramps up rare earth, battery materials value chain

LS Group is expanding its rare earth and battery materials businesses as it seeks to strengthen South Korea’s position in advanced industrial materials and supply chains. With China controlling about 90 percent of global rare earth supply, diversification has become a strategic priority. LS is working to build an integrated value chain covering rare earth oxides, metals and permanent magnets to enhance supply chain resilience. LS Cable & System is pursuing plans to establish a rare earth permane

By The Korea Herald