The latest update is out from W-SCOPE Corporation. ( (JP:6619) ).
W-SCOPE Corporation’s subsidiary, W-SCOPE KOREA CO., LTD., has secured a significant order for bipolar electrodialysis (BPED) modules from POSCO Pilbara Lithium Solution, a joint venture between POSCO Holdings and Philbara Minerals Ltd. This order, valued at approximately 1 billion JPY, is part of a larger project to supply a lithium hydroxide chemical plant in South Korea, which will enhance the country’s capacity to produce lithium hydroxide for electric vehicle batteries. The deal signifies W-SCOPE’s growing influence in the lithium processing industry and is expected to contribute positively to the company’s earnings forecast, with stable demand anticipated due to increased production volumes.
More about W-SCOPE Corporation.
W-SCOPE Corporation operates in the technology and manufacturing industry, focusing on the production of advanced materials and components. The company is known for its bipolar electrodialysis (BPED) modules, which are used in various industrial applications. W-SCOPE’s market focus includes collaborations with major corporations in the chemical and energy sectors.
YTD Price Performance: -23.74%
Average Trading Volume: 1,276,233
Technical Sentiment Signal: Buy
Current Market Cap: Yen12.32B
For an in-depth examination of 6619 stock, go to TipRanks’ Stock Analysis page.