https://www.reuters.com/article/us-...h-chinas-zhejiang-huayou-cobalt-idUSKBN1FD0E7
Here you go read this which clearly states jv with huayou is two secure cobalt supply and nothing to do with huayou getting lithium from pls...people like you twist an awesome ann and when it doesnt go to people expectations the sp plumps...do not twist a awesome news to make it look foolish in future.
Details
POSCO (005490.KS), South Korea's top steelmaker, said on Wednesday it will set up two joint ventures to produce lithium-ion battery materials with China's Zhejiang Huayou Cobalt (603799.SS), one of China's top cobalt producers.
The China-based joint ventures will start production of precursors and cathodes from 2020, the steelmaker said.
of China's top cobalt producers.
The China-based joint ventures will start production of precursors and cathodes from 2020, the steelmaker said.
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These ventures will help POSCO secure stable supplies of cobalt and other ingredients for lithium-ion battery materials, POSCO added.
South Korea's POSCO signs long-term deal to buy lithium from Australia's Pilbara, page-54
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