Sama Aluminum, a company specializing in aluminum materials and processing, is experiencing a strong performance in the latter half of the trading session. Analysts attribute this to an expected increase in demand for aluminum foil used in batteries due to rising power needs from artificial intelligence (AI) data centers.
As of 2:05 PM on the Korea Exchange, Sama Aluminum shares were trading at 82,600 won, up 8,900 won (12.08%) from the previous trading day.
Sama Aluminum produces aluminum foil for lithium-ion battery (LIB) anodes and battery casings, categorizing it among secondary battery-related stocks. The company's gains today are seen as a reflection of a rebound in buying interest following recent declines in the KOSPI, alongside optimism surrounding the battery industry.
Analysts are also paying close attention to Sama Aluminum. Lee Chae-yoon, a researcher at Shinhan Investment Corp., noted in a recent report that "the aluminum foil industry has avoided excessive expansion during the electric vehicle (EV) demand slowdown due to its short lead times, and is now entering a shortage phase due to a surge in demand for energy storage systems (ESS) from AI data centers." He highlighted that Sama Aluminum is the only pure listed company among the three major domestic aluminum foil producers (Sama Aluminum, Lotte Aluminum, and DI Dongil).
The company is also gaining attention for its response to carbon coating. Lithium iron phosphate (LFP) batteries, which account for about 90% of new ESS installations, apply carbon coating to the surface of aluminum foil to enhance electrical conductivity.
As of 2:05 PM on the Korea Exchange, Sama Aluminum shares were trading at 82,600 won, up 8,900 won (12.08%) from the previous trading day.
Sama Aluminum produces aluminum foil for lithium-ion battery (LIB) anodes and battery casings, categorizing it among secondary battery-related stocks. The company's gains today are seen as a reflection of a rebound in buying interest following recent declines in the KOSPI, alongside optimism surrounding the battery industry.
Analysts are also paying close attention to Sama Aluminum. Lee Chae-yoon, a researcher at Shinhan Investment Corp., noted in a recent report that "the aluminum foil industry has avoided excessive expansion during the electric vehicle (EV) demand slowdown due to its short lead times, and is now entering a shortage phase due to a surge in demand for energy storage systems (ESS) from AI data centers." He highlighted that Sama Aluminum is the only pure listed company among the three major domestic aluminum foil producers (Sama Aluminum, Lotte Aluminum, and DI Dongil).
The company is also gaining attention for its response to carbon coating. Lithium iron phosphate (LFP) batteries, which account for about 90% of new ESS installations, apply carbon coating to the surface of aluminum foil to enhance electrical conductivity.
* This article has been translated by AI.
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