News
28 March 2025

Kexim offers $1.5bn support for SK On, Hyundai US JV

In:
Metals and Mining, Transport
Region:
Americas

The Export-Import Bank of Korea will provide $1.5 billion in financial assistance to a US-based battery manufacturing joint venture between SK On and Hyundai.The ECA pledged a $800 million loan and a $700 million guarantee for the company which is building a plant in Bartow County,...

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