Umicore today announced the construction of a plant for NMC precursors, which are used for the production of Liion cathode materials. The new plant will be located on a newly developed industrial site in Cheonan, South Korea, in the vicinity of Umicore’s main cathode materials plant, and is expected to be commissioned at the end of
2013, ramping up production in 2014
http://www.umicore.com/investorrelations/en/newsPublications/pressReleases/2012/RBMprecursorKoreaEN.pdf