Reported 2 days ago
POSCO Holdings has announced its plan to construct a pilot lithium processing plant in Green River City, Utah, in collaboration with Australia's Anson Resources. This initiative aims to enhance the supply chain for electric vehicle (EV) batteries and reduce dependence on Chinese suppliers, following new US import restrictions. The plant will utilize POSCO's patented Direct Lithium Extraction technology to evaluate its commercial viability, marking a significant milestone as it will be the first instance of a South Korean company directly producing lithium in North America.
Source: YAHOO