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06

a Company Specializing
in Lithium Material Production
ECOPRO

INNOVATION

Owing to the drastic growth of electric vehicle market, the market of lithium
which is the core material for lithium batteries is expanding. However, we are
still relying entirely on foreign imports.
EcoPro Innovation has developed technologies for producing and processing
lithium compounds, the core materials for lithium batteries, and secured a value
chain for the batteries.
EcoPro Innovation is responsible for crushing and drying of ultra-pure carbonate
and lithium hydroxide that is currently used in EcoPro BM and other subsidiaries
as well as manufacturing and supplying lithium nickel oxide, an electrode additive.
It has completed the process technology to produce materials ranging from low-
purity lithium to battery-grade lithium hydroxide. Also, EcoPro Innovation has
secured lithium resources, a key ingredient of the Fourth Industrial Revolution,
and is working on to develop a technology to recycle waste lithium.

30 ECOPRO OVERVIEW