10
Jan
14:22
COPPER: EBRD grants $28m loan to Hungary battery foil project
The European Bank for Reconstruction and Development (EBRD) announced on Monday it granted a $28 million long-term loan agreement to South Korea’s Solus Advanced Materials.
The funding, cleared by the European Union on 7 January, will be used in the extension of a battery copper foil plan in Tatabánya, northwest Hungary. The plant is the first in Europe to produce copper foil for EV batteries and will run on 100% scrap copper, offering a circular eco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous