Seoul, Dec. 17 -- LS Eco Energy, a company specialising in renewable energy and rare earth elements under the Republic of Korea (RoK)'s LS Cable & System, announced on December 17 that it has approved a plan to expand its rare earth metal business in Vietnam, in a bid to seek long-term growth in the strategic materials sector. The new investment is valued at approximately 28.5 billion KRW (19.2 million USD), part of which will be funded through the sale of treasury shares. LS Eco Energy plans to raise around 10.7 billion KRW by selling 297,303 treasury shares to its largest shareholder, LS Cable & System. The company aims to create an integrated value chain, including raw materials, rare earth oxides, and refined metals. According to the ...