SEOUL -- Leading South Korean steelmaker Posco will spend $830 million on lithium production in Argentina as it seeks to become a major supplier of electric vehicle battery materials.
Materials
Lithium supply: Posco to build $830m plant in Argentina
South Korean steel group makes its latest investment in battery materials
Posco has a test plant for lithium extraction at the Hombre Muerto salt pan in Argentina. The name is Spanish for "dead man." (Photo courtesy of Posco)
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