POSCO Chemical to build 60,000-ton cathode plant in Pohang

POSCO Chemical will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of 60,000 tons. The company signed a partnership agreement with local governments.

“The recent moves by the global automakers to internalize battery production and set up regional supply chains will provide growth opportunities for battery materials makers like us.”kedglobal.com

• 1 source
• kedglobal.comPOSCO Chemical to bolster EV presence with 60,000-ton cathode plant - KED GlobalKyung-min KangJul 8, 2021

Summarized from public sources; check the original articles before acting on it.