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POSCO Pilbara completes Gwangyang lithium hydroxide plant

Korea Economic Daily LogoKorea Economic Daily2w ago

POSCO Pilbara completes Gwangyang lithium hydroxide plant - Korea Economic Daily

Quick Summary:

POSCO Pilbara Lithium Solution, a joint venture established in 2021 by POSCO Holdings and Australian mining company Pilbara Minerals with an 82:18 shareholding ratio, imports lithium ore from Australia to produce lithium hydroxide for secondary battery materials in South Korea.

South Korea's POSCO Pilbara Lithium Solution Co., a subsidiary of POSCO Group, said on Friday the completion of its second rock-based lithium hydroxide plant at the Yulchon Industrial Complex in Gwangyang, South Jeolla Province.

With the 25,000-ton annual capacity from the first phase of its salt lake lithium project in Argentina and the newly completed 43,000-ton capacity from the rock-based lithium plants, POSCO Group has established a total annual production capacity of 68,000 tons of lithium hydroxide.


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Category: Economy

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 15:35:35 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 24030965

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About Korea Economic Daily

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 5 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #91

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