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Hyundai to Invest $400 Million for Stake in an EV Metal Company

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Aug. 30, 2023, 9:07 a.m. | Heejin Kim

Bloomberg Technology bloomberg.com

Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world’s largest smelter for non-ferrous metals, as part of its effort to ensure access to key metals used in making electric-car batteries.

batteries car electric electric-car hyundai hyundai motor group korea ksc:005380 making metal metals part world

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