South Korea's steel giant pivoting to battery materials and green hydrogen
POSCO Holdings, South Korea's largest steelmaker, is undergoing a strategic transformation into a provider of critical battery materials and green energy solutions. Through subsidiaries POSCO Future M and POSCO International, the company is building a vertically integrated battery materials supply chain from lithium mining in Argentina to cathode and anode material production.
POSCO's pivot from steel to battery materials represents one of Asia's most significant industrial transformations, securing critical supply chains for the EV revolution.
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