POSCO partners with Hancock to secure raw material supply for EV batteries, green steel
The two companies will develop new mines for lithium, nickel, copper, and iron ore in Australia to meet the growing global demand for batteries and green steel
Korean newspaper The Korea Times reported on 21 June that Korean conglomerate POSCO Holdings had signed an MoU with Australian mining company Hancock to collaborate on projects related to the mining, development, and supply of raw materials required for the manufacturing of battery cathodes and low-emission steel.
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