POSCO Chemical announced on 21st July that it has built 6000 tons of cathode material production facility in Gwangyang, Jeonnam to cope with the demand of electric vehicle battery.
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Following the expansion of the 6,000-ton facility in Phase 1, the facility will be built at a Gwangyang plant with an annual production capacity of 24,000 tons, which will be completed in March next year. POSCO Chemical plans to expand its Gwangyang plant to an annual capacity of 80,000 tons, depending on market conditions.
When the construction of the Gwangyang plant is completed, the plant will have a total production capacity of 89,000 tons of cathode material per year, together with the 9,000 ton Gumi plant already in operation. It can supply about 60,000 kilowatts (Kw) electric car battery of about 740,000 units.
This article translate using Google translate.
Link >> http://www.thelec.kr/news/articleView.html?idxno=2282
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