”Korean battery company considering establishing lithium factory in Chile... Possibility of exporting bipolar materials to the US”

Foreign media have reported that Korean battery companies are considering establishing a lithium processing factory in Chile. Chile is the country with the most lithium reserves in the world.
Bloomberg reported on the 19th (local time) that several Korean battery companies are interested in building a lithium factory in Chile.
It was reported that it had been announced. It was also announced that Invest Chile, Chile's foreign investment promotion agency, had met with representatives of Korean companies.
Citing a statement by the managing director of Invest Chile, he said that Korean companies are
The company was reportedly interested in processing lithium into materials such as iron phosphate for use in rechargeable batteries and supplying it to the U.S. market. Also, through projects like this, South Korea can offer
The company also foresees the possibility of exporting bipolar materials. Companies interested in establishing factories include POSCO Holdings (005490), SK On, and LG Chem (0519).
10) etc. Lithium is an important mineral used in batteries for electric cars, mobile phones, laptops, and other devices.