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SF@HC

8,984 Posts.

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17/06/22

17:31

Post #: 62063199
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Originally posted by Petemate: ↑

https://m.koreatimes.co.kr/pages/article.asp?newsIdx=331067

Posco and sk innovation looks to be teaming up
This will strengthen our posco jv also diversifying more away from china if posco come knocking for more supply..

We are still waiting on final investment decisions for the p680 expansion which should be this quarter.
perhaps the timing is merely coincidence

The two companies agreed to collaborate in looking for projects throughout the entire value chain ― from sourcing lithium, nickel and cobalt, as well as cathode and anode materials, to recycling batteries.

They also shared the medium- to long-term expansion plans for SK On's battery production, and discussed how POSCO Group will increase the supply of raw materials to its partner.

After organizing a working-level taskforce, the two firms plan to talk about the medium- to long-term strategies for their overseas business expansion, investments in raw materials, roadmaps for the development of cathode materials, increased supply of anode materials and establishment of networks to collect used batteries.

Gltah cheers

Expand

KB visited POSCO 2 weeks back, as Dale our new CEO confirmed during the recent gold coast conference preso.

Last edited by SF@HC: 17/06/22

PLS Price at posting: $2.10 Sentiment: Hold Disclosure: Held
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