POSCO Breaks Ground for Lithium Plant in S. Korea

SEOUL, May 26 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, on Wednesday broke ground for a plant in South Korea to extract lithium hydroxide, a key material for electric vehicle (EV) batteries. The ceremony came nearly seven weeks after POSCO’s board of directors approved the plan to build a plant in the [...]