Global materials firm POSCO plans to spend $830 million on a lithium hydroxide plant in Argentina. POSCO chose a location near the Salar del Hombre Muerto salt lake in northern Argentina. The plant is to be built by the first half of 2024, and the company expects the 13.5 million tons of lithium on site… Read more »
GM has announced a plan to work with global materials firm POSCO Chemical on a battery material processing facility in North America, which is scheduled to open in 2024. POSCO Chemical manufactures anode and cathode materials. GM plans to use the battery materials processed with POSCO for the cells it plans to produce at its… Read more »
Korea-based steel-maker POSCO has begun commercial production of lithium in South Korea for the first time. In February, POSCO completed a lithium extraction plant with an annual capacity of 2,500 tons. Speaking at the opening ceremony, Jong-joo Kim, the Director of the Korean Ministry of Trade, Industry and Energy, noted that Korea, a major battery… Read more »