Page 40 - Gwangyang News Today

POSCO begins construction of lithium hydroxide plant for EV batteries Posted : 2021-05-26 16:21 Updated : 2021-05-26 16:36 POSCO Chairman Choi Jeong-woo, third from left, South Jeolla Province Governor Kim Yung-rok, fourth from left, and other dignitaries join the groundbreaking ceremony of the steelmakers plant in Gwangyang, South Jeolla Province, Wednesday. The plant will be built by 2023, with an annual production capacity of 43,000 tons of lithium hydroxide, a key material for the produc...

Six Asiatic black bear cubs born in Jirisan National Park this year Posted : 2021-05-25 17:09 Updated : 2021-05-25 17:29 By Yoon Ja-young Those planning to go hiking in Jirisan National Park this summer may run into Asiatic black bear cubs born there this year. According to the Ministry of Environment and the Korea National Park Service, four adult female Asiatic black bears have given birth to a total of six cubs this year. They confirmed the existence of the cubs through cameras installed ...

Claude Monets Le Bassin aux Nympheas is among the works to be donated Courtesy of MMCA Around 23,000 works of art from the collection of the late Samsung Electronics chairman Lee Kun-hee are due to be donated to museums and institutions across South Korea to help pay a massive inheritance tax bill of 12 trillion won ($10.8bn). In a deal agreed with Korean tax officials, works including Le Bassin aux Nympheas by Claude Monet, Les Amoureux aux Bouquets Rouges by Marc Chag...

The Samsung Family Is Donating 23,000 Works to South Korean Museums Amid an $11 Billion Tax Bill Andrew Russeth for ARTNews The wait is over. Today the family of Lee Kun-hee, the billionaire Samsung chieftain who died last October, began detailing his massive estate, the gargantuan tax they intend to pay on it, and their philanthropic plans, which include gifts of some 23,000 works from his art collection to South Korean museums and hundreds of millions of dollars to medical ...

[Reportage] POSCO Chemical aims to fuel global EV battery market

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POSCO, the South Korean steel-making company, is building the country’s very first lithium factory. The Pohang-headquartered firm is the fifth largest steelmaker in the world based on the output. It was reported that this plant is expected to yield at least 43,000 tons of lithium hydroxide a year and aims to help the local electric vehicle battery makers by supplying the needed core cathode material and effectively reducing their reliance on imports. The plan to construct the lithium factory ...

Posco reveals plans for a lithium hydroxide plant in S.Korea The South Korean steel company Posco has announced plans to build a factory in Gwangyang to extract lithium hydroxide for electric car batteries. The company also plans to invest in Argentina to further its electric vehicle ambitions. The construction of the Gwangyang plant is expected to start in the first half of 2021 and be completed in 2023. The S.Korean company says that the plant will have an annual production capacity of 43,000...

15-year fitment forecasts for 20 automotive component sectors including: Vehicles and markets • Connected vehicle technologies • Electrified vehicles • Lightweighting • Chassis and safety • Active and passive safety • Electronic braking systems • Foundation braking systems • Shock absorbers • Steering systems • Interiors • Door modules • Heating, ventilation and air-cooling • Seating systems â€�...

Posco International Corporation, a subsidiary of South Koreas largest steelmaker, said it plans to expand its capacity to produce bipolar plates used in hydrogen fuel cell systems that power electric vehicles (EVs), according to local reports. Posco plans to expand its capacity to produce bipolar plates at its Cheonan plant in South Korea to 10,000 tonnes per year by 2027, from 1,400 tonnes at present, in anticipation of rapid growth in global demand. This would be enough for 245,000 fuel cell ...