POSCO Future M signs major deal of 20,000 Tons of LiOH

To reduce dependence on China in the context of IRA and restrictions on FEOC, POSCO Future M has inked a landmark deal with POSCO-Pilbara Lithium Solution, a JV between S.Korean POSCO and Australian Pilbara Minerals. The agreement involves purchase and supply of 20K tons of Lithium Hydroxide, a key ingredient in EV battery manufacturing, which will power approx.