Green Car Congress
JANUARY 3, 2022
South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO bought lithium mining rights in Argentina from Australian lithium miner Galaxy Resources for $280 million in 2018. The plant will be constructed by the first half of 2024.
Green Car Congress
JULY 9, 2023
POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.
Green Car Congress
SEPTEMBER 30, 2022
South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.
Green Car Congress
JULY 9, 2022
South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 POSCO Holdings broke ground for a lithium production plant in Argentina in March. billion won (US$37 million), as the steelmaker enlarges its position within the Li-ion battery supply chain. Earlier post.)
Green Car Congress
DECEMBER 24, 2022
This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. of Australia’s lithium export volumes, followed by South Korea (0.9%) and the United States (0.7%). World output of lithium was 551,000 tonnes LCE in 2021, and is estimated to reach 691,000 tonnes in 2022 and 1,087,000 tonnes in 2024.
Green Car Congress
APRIL 5, 2016
Vehicles produced in Mexico also serve customers in the US, Canada, China, Argentina, Bolivia, Brazil, Colombia, Chile, Paraguay, Peru, Uruguay and South Korea. Mexico is Ford’s fourth-largest vehicle manufacturing site for global customers—behind the US, China and Germany. billion in Ford facilities alone in the US.
Green Car Congress
MAY 20, 2013
Reflecting the concentration of lithium-ion battery manufacturers and associated cathode material producers in China, Japan and South Korea, the East Asia region has become an increasingly important consumer of lithium products over the last decade.
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