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Posco Future, a South Korean battery material and chemical company, is set to import graphite from Africa in a bid to lower its reliance on Chinese supplies, Bloomberg reported.
South Korean steel giant Posco has recently reaffirmed its commitment to achieving carbon neutrality by 2050 by adopting its own hydrogen reduction ironmaking technology, called HyREX. This strategic shift to low-carbon production is a testament to the company's ambitious pursuit of solidifying its leadership in the realm of sustainable steel manufacturing. To spearhead this transformation, the company set up a ...
Posco Future M Co., which produces battery materials for companies including General Motors Co., is preparing to import graphite from Africa to reduce its…
Lee Si-woo, formerly co-CEO of Posco alongside Kim Hak-dong, who served as CEO of Posco and vice chairman of Posco Holdings, will now lead the steelmaker on his own. Posco Holdings’ reshuffle released on Wednesday indicates that Kim will step down from his position and moves to the group’s executive adviser. Lee is expected to play a crucial role in guiding Posco through its transition toward carbon neutr...
GWANGYANG, South Jeolla Province -- Posco Future M on Thursday held a groundbreaking ceremony for a new high-nickel cathode plant in Gwangyang, South Jeolla Province, maintaining the company’s continued investment in battery materials for electric vehicles despite the slowdown in the global EV transformation. The new high-nickel cathode plant, which expects to have an annual production capacity of 52,500 tons, ...