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...

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