Speira sign a long-term agreement with South Korean battery producer.

The agreement covers the supply of aluminium strip, spread over the contract period, which will be processed into battery cans and then used in battery cells for electric vehicles. The agreement also looks to increase the recycled content, reducing the carbon footprint.

“We are proud to have signed this agreement, which strengthens our position in the battery and e-mobility market building on a strong long-term relationship with our partner. Our partner’s high-quality standards and requirements on supply chain stability are both an honor and a positive challenge for us. A strong team performance of all our four plants involved will form the basis of meeting these”, says Alexander Dörsel, Head of Speira Specialties and New Business.