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POSCO Future M Co., a major Korean battery components maker, said Monday it will build a new high-nickel cathode plant in the country's southeast to meet growing global demand.
POSCO plans to improve mobile phone communication networks for disasters and to quickly restore communication in cases of an emergency at its steel mills, according to the steelmaker, Friday.
POSCO Group, Korea's top steelmaker, said Wednesday it is planning to invest more than 4 trillion won ($3.04 billion) over the next decade to build new growth engine facilities at its plant in a state industrial park on the southwest coast.
Steelmaker POSCO plans to construct cutting-edge industrial facilities at a site adjacent to its existing blast furnace in Gwangyang, South Jeolla Province, aiming to create an energy value chain. The site is expected to play an important role in POSCO Group securing a competitive edge as an eco-friendly manufacturer of cutting-edge materials.
As the South Korean government investigates Chinese-made port cranes over security concerns, several ports recently announced they will ...