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 steelmaker s 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 production of electric vehicle (EV) batteries. Courtesy of POSCO
By Yi Whan-woo
POSCO has begun construction on a plant to carry out lithium hydroxide extraction, a key material for the production of electric vehicle (EV) batteries, in Gwangyang, South Jeolla Province.
Alpha Lithium to Acquire 3,800 Ha in Renowned Productive Region of Argentina
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Alpha Lithium Achieves Milestone 4,540 mg/L from Direct Extraction Program
Alpha Lithium Corporation sole owner of one of the last large, undeveloped salars in Argentina’s Lithium Triangle, is pleased to announce that it has produced an excellent result from small scale Direct Lithium Extraction studies, conducted by the principals of Beyond Lithium LLC a team of renowned lithium brine processing experts. Alpha’s first DLE investigation resulted in a lithium concentration of 4,540 mgL …
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) (Frankfurt: 2P62) (“ Alpha ” or the “ Company ”), sole owner of one of the last large, undeveloped salars in Argentina’s Lithium Triangle, is pleased to announce that it has produced an excellent result from small scale Direct Lithium Extraction (“DLE”) studies, conducted by the principals of Beyond Lithium LLC (“Beyond Lithium”), a team of renowned lithium brine processing experts.
Livent Corp. (LTHM) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Livent Corp. (NYSE: LTHM)
Operator
Good afternoon and welcome to the First Quarter 2021 Earnings Release Conference Call for Livent Corporation. Phone lines will be placed on listen-only mode throughout the conference. After the speakers presentation, there will be a question-and-answer period.
I will now turn the conference over to Mr. Daniel Rosen, Investor Relations and Strategy for Livent Corporation. Mr. Rosen, you may begin.SPONSORED:
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“It’s overwhelmingly positive. On a high level, you have got significant synergies with both businesses having an Argentina base,” said analyst Reg Spencer of broker Canaccord Genuity.
Shares of both companies hit more than three year highs in early trade, with Orocobre gaining about 6% to A$6.56 and Galaxy rising 4% to A$3.75.
Both companies have significant expansion plans, putting the merged company on track to produce more than 130,000 tonnes of lithium carbonate equivalent (LCE), up from around 40,000 tonnes now, with operational synergies and global diversity to make it a major global player, Spencer added.
Orocobre and Galaxy, which operate the Olaroz and Sal de Vida lithium projects in Argentina, respectively, are looking to consolidate their assets in the country.
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