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
The PosLX Plant will supply its lithium carbonate to POSCO ESM which produces cathodes for secondary batteries, and LG Chem and Samsung SDI, manufacturers of secondary batteries. Considering an increase in the use of electric vehicles and energy storage systems (ESSs) in the future, its demand will balloon to more than 180,000 tons by 2025.
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