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POSCO breaks ground on nickel and battery precursor production plants in South Korea


South Korean steel manufacturer POSCO Holdings and Chinese battery precursor producer CNGR have started construction of nickel and precursor production plants for secondary batteries in Pohang, South Korea. The companies will invest approximately KRW 1.5 trillion ($1.09 billion) to build the plants, and mass production is scheduled to begin in 2026. POSCO CNGR Nickel Solution,… Read more…

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