POSCO begins lithium production for first time in Korea; domestic supply for Samsung, LG; investing $261M in anode materials by 2020
Green Car Congress
FEBRUARY 12, 2017
Korea-based steel-maker POSCO has begun commercial production of lithium in Korea for the first time. On 7 February, POSCO held a ceremony for the completion of a PosLX (POSCO Lithium Extraction) plant with an annual capacity of 2,500 tons at its lithium plant at Gwangyang Works. At the opening ceremony—the attendees of which included Ung-beom Lee, president of LG Chem, and Nam-seong Cho, president of Samsung SDI—Jong-joo Kim, the director of the Ministry of Trade, Industry and Energ
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