Ecopro Materials Co., Ltd. (450080.KS) manufactures precursor materials for high-nickel cathode active materials used in secondary batteries, primarily for electric vehicles, power tools, e-bikes, drones, and energy storage systems; it also develops air pollutant control technologies, produces lithium-ion batteries, filter frames, industrial gases, and engages in battery recycling. Founded in 2017 and headquartered in Pohang, South Korea, the company operates primarily in South Korea with a focus on the battery materials sector, serving major clients in the electric vehicle supply chain. In recent developments, Ecopro Materials signed a letter of intent in September 2025 with Green Li-ion Pte. Ltd. for a long-term supply of recycled NCM hydroxide from a U.S. facility starting in 2026, supporting battery recycling expansion; it raised 389 billion won in April 2025 via a third-party allotment to acquire a 28% stake in Indonesian nickel smelter PT Green Eco Nickel, enhancing raw material security; and pursued production capacity increases amid group-wide expansions, including a new Hungarian cathode plant completed in late 2025.