CF Industries Holdings, Inc., the global leader in ammonia production, has joined forces with POSCO Holdings Inc., South Korea’s foremost steel manufacturer to explore the possibility of establishing a groundbreaking joint venture. This venture aims to construct a cutting-edge low-carbon clean ammonia plant, strategically located at CF Industries’ Blue Point Complex in Ascension Parish, Louisiana, … Read more
South Korean steelmaker POSCO will build lithium hydroxide extraction facility in Gwangyang, 300 km south of Seoul. The company also plans to invest in Argentina to further its electric vehicle battery ambitions. POSCO said on Apr. 14 that it will start the construction of the plant within the first half of 2021 to produce lithium … Read more
Posco Chemical Co., a unit of South Korean steel giant Posco, will invest 125.4 billion won ($107.7 million) to ramp up annual production capacity of lithium-ion secondary battery anode materials to 66,000 tons to promptly respond to burgeoning demand from the electric vehicle market. The company said Monday that its board of directors approved its … Read more