POSCO, Zhejiang Huayou Cobalt to form two JVs in China for Li-ion materials
JVs expected to start production in 2020; to have an annual production capacity of 4,600 tons of precursors and cathodes
South Korea-based steelmaker POSCO and Chinese company Zhejiang Huayou Cobalt will form two separate joint ventures (JVs) for lithium-ion (Li-ion) battery materials in China, Green Car Congress reported on 25 January.
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