Global Trade Alert
Global Trade Alert

Republic of Korea: K-Sure provides USD 1 billion guarantee for LG Chem's cathode material plant in the US

Announcement

04 Aug 2025

In August 2025, the Korea Trade Insurance Corporation (K-Sure) announced providing a USD 1 billion guarantee to LG Chem for the construction of a cathode material plant in Tennessee, United States of America.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Aug 2025

Revocation date:

No revocation date

Announced: 04 Aug 2025
Financial assistance in foreign market In force
On 4 August 2025, the Korea Trade Insurance Corporation (K-SURE) announced it would provide a USD 1 billion guarantee to LG Chem for the construction of a cathode material plant in Tennessee, United S...
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