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POSCO Advances Lithium Production with 2nd Phase of Argentina Plant

POSCO Advances Lithium Production with 2nd Phase of Argentina Plant

SEOUL, June 30 (Korea Bizwire) — POSCO Holdings, a leader in lithium self-sufficiency for secondary batteries, has begun the construction of the second phase of its lithium production plant in Argentina. A groundbreaking ceremony was held at Hombre Muerto Salt Lake, attended by the Korean Ambassador to Argentina, the Head of Eco-Friendly Future Materials at [...]

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

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 [...]

POSCO to Build S. Korea’s First Lithium Carbonate Plant for Battery Materials

POSCO to Build S. Korea’s First Lithium Carbonate Plant for Battery Materials

SEOUL, June 14 (Korea Bizwire) — South Korea’s top steelmaker POSCO Holdings Inc. is set to construct the nation’s inaugural plant that utilizes lithium carbonate for the production of secondary battery materials. The company announced on Tuesday that it held a groundbreaking ceremony for a lithium hydroxide plant at the Yulchon Industrial Complex in Gwangyang, [...]

SKC, POSCO Partner Up to Develop Next-generation Battery Materials

SKC, POSCO Partner Up to Develop Next-generation Battery Materials

SEOUL, May 30 (Korea Bizwire) — SKC Co., an advanced materials maker under South Korea’s SK Group, said Tuesday it is joining hands with steel giant POSCO Holdings Inc. to develop next-generation secondary battery components as part of efforts to boost competitiveness in the rapidly growing industry. SKC and POSCO signed a comprehensive business agreement [...]

POSCO Holdings Q1 Net Down 57.9 pct on Weaker Sales

POSCO Holdings Q1 Net Down 57.9 pct on Weaker Sales

SEOUL, April 27 (Korea Bizwire) — South Korean steel giant POSCO Holdings Inc. said Thursday its first-quarter earnings tumbled nearly 58 percent from a year earlier due to sluggish sales. Consolidated net profit came to 800 billion won (US$597.9 million) in the January-March period, down 57.9 percent from a year earlier, the company said in [...]

POSCO Succeeds in Automating Molten Metal Pre-treatment Process

POSCO Succeeds in Automating Molten Metal Pre-treatment Process

SEOUL, April 14 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Thursday that it has succeeded in automating its molten metal pre-treatment process. According to the company, the third steel mill located in Pohang, 372 kilometers southeast of Seoul, has developed an automation system for the molten metal pre-treatment process, ranging from limestone injection [...]