POSCO to Buy 240,000 Tons of Lithium Spodumene Concentrate From Australia

SEOUL, Feb. 27 (Korea Bizwire) – POSCO, South Korea’s largest steel producer, said Tuesday it has signed a deal to buy up to 240,000 tons of lithium spodumene concentrate per year from Australia’s Pilbara Minerals, securing the key material for its lithium business. POSCO did not elaborate on how much it will pay for the import of lithium spodumene concentrate.  Lithium is a key material [...]