• Infographics
  • Insights
  • Check Pricing
  • Newsletter
  • Login
December 10,2024

POSCO, Hancock Partner to Build Lithium Production Plant for EVs

POSCO Holdings and Hancock Prospecting signed a memorandum of understanding to build a Lithium Plant producing 30,000 tons annually for EV batteries. The partnership aims to expand beyond iron ore and natural gas, leveraging Hancock’s mining resources. POSCO seeks to strengthen its EV battery materials supply chain, securing resources amid a slowdown in global EV demand and US regulations.

Premium Content Access

This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.

Related