POSCO Chemical invests $250M to expand precursor production at Gwangyang

POSCO Chemical's board approved a 326.2 billion won ($250 million) investment to expand battery precursor production lines at its Gwangyang plant. Construction will break ground later in 2022 with completion within two years.

“To meet the rapidly growing demand, POSCO announced it will inject 326.2 billion won to expand the production line for battery precursors at its Gwangyang plant.”kedglobal.com

• 1 source
• kedglobal.comPOSCO Chemical wins $10.6 billion cathode order from General Motors - KED GlobalIk-Hwan KimJul 31, 2022

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