POSCO Breaks Ground on Battery Recycling Plant

SEOUL, Sept. 30 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Thursday it has broken ground on a 120 billion won (US$101 million) plant that will extract nickel and lithium, key materials for electric vehicle batteries. The plant by POSCO HY Clean Metal is capable of extracting nickel, lithium and cobalt from [...]