South Korea’s steel giant POSCO Group is expected to spend 1.2 trillion won ($900 million) in total to add cathode manufacturing and lithium refining facilities in Gwangyang to bump up core electric vehicle battery materials' output amid surging demand.Posco Int'l wins $917 million of EV magnet deals

An EV mockup equipped with Posco International's motor cores. [POSCO INTERNATIONAL]

No to EV’s?

Are you suggesting the POSCO deal valued at almost $1billion was a little mistake??

Maybe we all should listen to you, and the POSCO advisers that sign billion dollar contracts are all wrong, and you are correct.

I understand you like to short, or support the shorts on LYC, but now your suggesting you know more than people making trillion dollar deals…

Relentless negative posts from you, that only support shorts. A bloke that holds no shares, claims to be US, but not aligned to CCP?

what next? EV’s will simply evaporate….and diesel will take over the world?

https://koreajoongangdaily.joins.com/news/2024-03-12/business/industry/Posco-Intl-wins-917-million-of-EV-magnet-deals-/2000352