Page 24 - Gwangyang News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SEOUL/TOKYO -- South Korean steelmaker POSCO Holdings will invest 20 trillion won ($14 billion) in technologies to mitigate its environmental impact a

POSCO Holdings is seeking to expand overseas nickel production, a key material in secondary batteries, in an effort to strengthen its global nickel value chain. According to POSCO Holdings, the company will invest $441 million to establish a nickel refining plant in Weda Bay Industrial Park on Indonesia's Halmahera Island, Wednesday.

SEOUL (May 3): Posco Holdings Inc said on Wednesday (May 3) it is spending US$441 million (RM1.96 billion) to build a nickel refining facility in Indonesia as it pushes to beef up its supply chains of the key secondary battery material. The factory will be located in the Weda Bay industrial park on the northeastern island of Halmahera and aim to produce nickel matte, an intermediate product for use in making battery-grade nickel, the South Korean steel giant said in a release.

Southern Gold Ltd (ASX:SAU) is moving to create a domestic supply chain in South Korea to feed one of the world’s major lithium battery manufacturing...

A total of 55 workers died in accidents at construction sites in Korea during the first three months of this year, the Ministry of Land, Infrastructure and Transport said Monday. Seven of those fatalities occurred at construction sites overseen by the top 100 builders, down from 14 a year earlier.