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Posco to invest US$4B for Argentina lithium

South Korean steelmaker Posco is to invest US$4 billion to develop lithium production from its Salar de Hombre Muerto between the Argentina’s Salta and Catamarca provinces to supply material for the lithium-ion battery market.

Paul Harris
Argentina's president Alberto Hernandez (left) meets Posco CEO Jeong Woo

Argentina's president Alberto Hernandez (left) meets Posco CEO Jeong Woo

Posco said it aims to initially produce 25,000 tonnes per year of lithium hydroxide, which will subsequently be expanded to up to 100,000tpy. The investment was confirmed by the Casa Rosada, the official...

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