Solus Advanced Materials significantly increases its supply of battery copper foil to North American customers, expanding influence in the global market [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
- Multiple global customers in North America and Europe… Solus has Europe's only battery copper foil plant in Hungary with world-leading technology SEOUL, South Korea June 28, 2024 /PRNewswire/ -- The copper foil for electric vehicle batteries business of Solus Advanced Materials, a manufacturer of copper foil for secondary batteries, has recently been showing great potential, with remarkable results achieved in the North American market. With the company supplying an increasing volume of battery copper foil directly to America's No. 1 electric vehicle company, battery copper foil sales to customers in North America have skyrocketed. According to an industry insider, it was confirmed that up to May of this year, Solus Advanced Materials sold 5.8 times more battery copper foil to North American customers than in the same period last year. Indeed, sales up to May of this year were already 2.6 times higher than the entire last year's sales. As a result, monthly shipments from the Hu
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