Mitra Chem Expands Global Presence, Launches First International Office in Seoul to Prioritize Customer Reach

MOUNTAIN VIEW, Calif., Jan. 25, 2024 /PRNewswire/ — Mitra Future Technologies, Inc. (“Mitra Chem”), a leading innovator in North American production of lithium-ion battery materials, today announced the opening of its inaugural international office in Seoul, South Korea. This strategic move marks a pivotal milestone in Mitra Chem’s global expansion, entering a market with three of the top six battery manufacturers, reinforcing its commitment to fostering customer-focused innovation and strengthening partnerships with global industry veterans supplying into the rapidly evolving battery industry.

The opportunity to work with industry-leading South Korean battery manufacturers, as well as materials and specialty chemicals partners on Inflation Reduction Act (IRA)-compliant battery materials supply is increasingly relevant and further bolstered by direct government financing from both countries. During an official state visit to Washington, D.C. last year, South Korean President Yoon Suk Yeol expressed his support for such partnerships when he stated, “President Biden and I welcome the expansion of our firms’ bilateral mutual investment and advanced technology including semiconductors, electric vehicles, and batteries.”

In addition, similar to the U.S. government’s approval of financing initiatives through the IRA, President Yoon’s administration recently announced a $29 billion financing initiative over the next five years to fortify its battery industry and reduce dependency on China, which currently controls the majority of the battery supply chain.

South Korea is an important country for the global lithium-ion battery supply chain, the U.S. IRA, and Mitra Chem’s future. We are proud to recognize this importance by opening our first-ever international office in Seoul. We look forward to deepening our strong business relationships with multiple South Korean financial and strategic partners as we transition our product focus into IRA-compliant commercial production.,” says Mitra Chem CEO Vivas Kumar.

South Korean office team members will complement the Mitra Chem team at their 17k sq. ft state of the art cathode and cell R&D facility in Mountain View, California.

About Mitra Chem

Mitra Chem is building the first North American lithium-ion battery materials product company that shortens the lab-to-production timeline by over 90%. Lithium-ion batteries are the key platform technology enabling electrification in transportation, consumer electronics, along with residential, commercial, and grid-scale energy storage. Mitra Chem’s first product category is iron-based cathodes for Western battery applications. Iron-based cathodes shift away from the use of elements such as nickel and cobalt, which are facing imminent supply crunches. Mitra Chem takes cathode products from lab to industrial scale faster than the competition by leveraging an in-house machine learning technology advantage to dramatically shorten the R&D timeline. The company’s goal is to transform the cathode from a specialty chemical to a platform technology that differentiates cell performance by end application.

For media inquiries, please contact:

[email protected]

Photo –

Logo –

View original content:

SOURCE Mitra Chem




新華社北京3月4日電 隨著春季登山季臨近,尼泊爾旅遊部門要求從該國一側攀登珠峰的人租賃並使用定位晶片,以便在不測事件發生時展開搜救。



Värde Promotes Shannon Gallagher and Tony Iannazzo to Partner

NEW YORK and LONDON, March 04, 2024 (GLOBE NEWSWIRE) — Värd

CNH supports expanded rural connectivity in Latin America

CNH supports expanded rural connectivity in Latin America Th

Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) — Bitdeer Techno

Quantexa Strengthens Advisory Board with the Appointment of Boon Hui Khoo

LONDON, March 04, 2024 (GLOBE NEWSWIRE) — – Quantexa, the g

Big Ben Is the 7ᵗʰ Most Visited World Wonder according to the Travel App, Visited

TORONTO, March 03, 2024 (GLOBE NEWSWIRE) — The travel app V










【特刊】龍年嬰兒潮:1988 年和 2012 年(2000年除外)



澳門政府將“輕軌東線之行車系統”判予三家實體合作經營,判給金額達澳門幣36.57億元(折合約4.6 億美元)。