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July 04,2023

Posco Group's Ambitious $92 Billion Investment in Batteries and Hydrogen.

South Korean conglomerate Posco Group plans to invest $92 billion by 2030 in batteries and h2, with over 60% of the investment happening locally. The company aims to diversify beyond steel, expanding investments in EV batteries and hydrogen. No detailed investment breakdown is given, but Posco Holdings and affiliates will make additional investments with future announcements.

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