Posco to build a lithium factory in South Korea
2021-04-16 14:20:41 [Print]
Posco has announced plans to build a factory in Gwangyang, South Korea, to extract lithium hydroxide for electric car batteries. The company also plans to invest in Argentina to further its electric vehicle ambitions.
The construction of the Gwangyang plant is expected to start in the first half of 2021 and be completed in 2023. The S.Korean company says that the plant will have an annual production capacity of 43,000 tonnes of lithium hydroxide, which it says will be enough for around one million electric vehicles. The spodumene will be sourced from a plant in Australia.
The construction of the Gwangyang plant is expected to start in the first half of 2021 and be completed in 2023. The S.Korean company says that the plant will have an annual production capacity of 43,000 tonnes of lithium hydroxide, which it says will be enough for around one million electric vehicles. The spodumene will be sourced from a plant in Australia.
Lithium Carbonate 99.5%min FOB South America
Unit:USD/kg
China's ithium iron phosphate producers' inventory statistics by province by month
Unit: mt
