POSCO to bring online 2,500 tpa Argentinian lithium plant by end of year

By Myles McCormick
Published: Monday, 15 February 2016

The announcement by the Korean battery maker coincides with the scrapping of a duty on mining exports from Argentina, as the country continues to open up its economy under its new president, Mauricio Macri.

South Korean battery producer POSCO has begun construction of a lithium extraction and processing facility in at Pozuelos Lake in Argentina’s Salta province.

The plant will start production by the end of 2016 and produce 2,500 tpa lithium products, enough material for the manufacture around 60,000 lithium-ion (Li-ion) batteries annually, Korea Times...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.