SEOUL, SOUTH KOREA (By LG Energy, 29.Oct.2025, Words: 776) — LG Energy Solution announced its third-quarter earnings for 2025, posting a significant improvement in operating profit. The company posted consolidated revenue of KRW 5.7tn, a 2.4% increase quarter-on-quarter. The operating profit reached KRW 601.3bn, marking a 22.2% increase quarter-on-quarter, with an […]
Tag: LG Energy Solution
LG Energy Eyes Global Battery Market Growing 20%+ Annually Starting in 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — LG Energy Solution expects the global battery market, encompassing the EV, ESS, and IT sectors, to grow by over 20% annually starting in 2025. LG Energy expects its first-mover advantages in the North American battery market to continue to expand, driven […]
LG Energy Solution Strengthens Partnership with WesCEF
(LG Energy Solution, 13.Feb.2024) — LG Energy Solution (KRX: 373220) signed an offtake agreement with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for lithium concentrate, further advancing the companies’ pre-existing partnership driven by the objective to deliver efficient and sustainable power solutions to the North American market. Under the agreement, WesCEF […]
SQM Reports Earnings for Six Months Ended 30 June 2023
(SQM, 16.Aug.2023) — Sociedad QuĂmica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported earnings for the six months ended 30 June 2023 of $1,330.1mn ($4.66 per ADR), a decrease of approximately 20% from $1,655.4mn ($5.80 per ADR) for the six months ended 30 June 2022. Gross profit reached $1,920.7mn (44.5% of […]
LG Energy Partners with Compass Minerals to Enhance Supply Chain Flow
(LG Energy Solution, 29.Jun.2022) — LG Energy Solution (LGES; 373220) is branching out in its efforts to secure supply chain of materials as it ramps up its battery production to satiate the growing market demand. LGES has signed a non-binding Memorandum of Understanding (MoU) with Compass Minerals (NYSE: CMP), a leading […]