SK Nexilis Announces its First Overseas Investment in Malaysia

SABAH, Jan 27 (Bernama) — SK Nexilis, a copper foil producer for electric vehicle (EV) battery manufacturer SKC, has announced its first overseas production base to be in KKIP Industrial Complex, Kota Kinabalu, Sabah, Malaysia.

With proposed investments of approximately South Korean Won (SK₩) 650 billion (RM2.3 billion), the Company looks to construct a copper foil manufacturing facility with an annual production capacity of 50,000 tons.

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