POSCO Develops Integrated Rare Earth–Magnet Supply Chain for EV Motor Technologies

POSCO International (South Korea) is establishing a vertically integrated rare earth supply chain, backed by a KRW 250 billion (~$165 million) CVC fund and initial investments of up to KRW 80 billion in domestic refining capacity. The strategy targets critical EV materials such as dysprosium and terbium for permanent magnets, with plans for  4,500 tons/year capacity in Southeast Asia and a 3,000 tons/year refining JV in the U.