POSCO to Build 1.5 tln-won Nickel, Precursor Factories in S. Korea with China’s CNGR

SEOUL, June 21 (Korea Bizwire) — POSCO Holdings Inc. said Wednesday it is spending 1.5 trillion won (US$1.16 billion) with a Chinese partner to build factories in South Korea to produce nickel and precursor for secondary batteries. POSCO Holdings and POSCO Future M Co., the chemicals and materials-producing unit of the steel giant, signed the [...]