The Scramble for Lithium: Japan Funds Exploration, China Backs Up State-Owned Capital… South Korea Leaves Initial Risks to Companies

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“It is difficult to secure good mining rights by simply waiting for them to become available on the market.” This was stated by a senior official from POSCO Argentina, whom I met in Salta, Argentina, on the 19th (local time). Even with the same amount of buried lithium, production costs vary significantly depending on concentration and impurities. In the battle for resources, the intelligence to identify high-quality mining rights before others,…

연합뉴스-Yonhap News Agency

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(Salta, Argentina = Yonhap News) Reporter Shin Chang-yong = POSCO Group's lithium business in Argentina recorded an operating profit of 11 billion won in the second quarter of this year, marking the first time on a quarterly basis...