
LG Energy Solution partners with Compass Minerals to enhance steady flow of supply chain
LG Energy Solution (LGES; 373220) is branching out in its efforts to secure supply chain of materials as it ramps up its battery production to satiate the growing market demand.
LGES today announced that it has signed a non-binding Memorandum of Understanding (MoU) with Compass Minerals (NYSE: CMP), a leading provider of essential minerals,critical to producing battery-grade lithium.