|Bid||702,000.00 x 0|
|Ask||703,000.00 x 0|
|Day's Range||701,000.00 - 713,000.00|
|52 Week Range||588,000.00 - 1,050,000.00|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 19, 2021 - Oct. 25, 2021|
|Forward Dividend & Yield||10,000.00 (1.43%)|
|Ex-Dividend Date||Dec. 29, 2020|
|1y Target Est||N/A|
The investment deepens LG's presence in the world's biggest electric vehicle (EV) market. LG Energy Solution, a subsidiary of LG Chem that counts automakers Tesla and General Motors as customers, said in a statement it had secured a total of 20,000 tonnes of the battery ingredient nickel from Shanghai-based Greatpower over six years starting in 2023. LG Chem already has a battery material production venture in China alongside Zhejiang Huayou Cobalt.
CHICAGO & SEOUL, South Korea, September 14, 2021--LG Chem (KRX: 051910), a leading global diversified chemical company, and ADM (NYSE: ADM), a global leader in nutrition and biosolutions, announced today that they have signed a memorandum of understanding (MoU) to explore US-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics.
General Motors Co Chief Financial Officer Paul Jacobson reaffirmed the automaker's 2021 profit outlook and said the company expects a "more stable year" in 2022 for semiconductor supplies. Jacobson said during a conference call with investors that GM still expects to deliver pre-tax profits for 2021 in the range of $11.5 billion to $13.5 billion forecast last month, and said 10% pre-tax margins for GM's North American operations are "quite achievable" in 2022 even as the company ramps up investment in electric vehicles. Despite the uncertainty created by the continuing pandemic and supply chain disruptions, Jacobson said GM "does not want to drive a level of COVID austerity into the business" and will not pull back its investment plans.