Overview

• LG Energy Solution’s North America chief said he is cautiously optimistic a similar immigration sweep will not happen again and welcomed progress on visa talks.
• Roughly 475 workers were detained in the early September operation at the Ellabell site, and many subsequently returned to Korea.
• Construction at the joint venture remains suspended with no restart date, and Hyundai has projected a two- to three-month setback to commissioning.
• LG Energy Solution reiterated that production across its other facilities is not expected to be meaningfully affected and that U.S. expansion plans remain in place.
• The Department of Homeland Security said the operation was intended to safeguard the economy and prevent the exploitation of workers.