POSCO Holdings completes construction of second lithium processing plant in Argentina
PKX POSCO Holdings Inc ADR
$56.75 +0.87%
View chart & analysis → - 1POSCO Holdings has completed the construction of its second upstream lithium processing plant at the Salar del Hombre Muerto site in Argentina.
- 2The plant, built with a POSCO investment of $954 million, adds an annual production capacity of 23,000 tons of lithium carbonate.
- 3POSCO plans to construct additional downstream processing facilities to reach its annual battery-grade lithium hydroxide production target of 100,000 tons by 2033.
So what's the key point?
POSCO Holdings has finished building its second lithium production plant in Argentina. This plant will allow for the production of an additional 23,000 tons of lithium every year.
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