From miningweekly.com (originally from Reuters)
South Korean steelmaker Posco on Tuesday said it had agreed to buy up to 240 000 t/y of lithium concentrate from Australian miner Pilbara Minerals, using the commodity to help supply producers of electric vehicle batteries.
As part of the deal, the Australian unit of Posco will acquire a 4.75% stake in Pilbara for A$79.6-million.
Ann: Trading Halt, page-7
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