Posco Holdings has revealed that it has finished building of its 2nd lithium processing plant at its Salar del Hombre Muerto site in Argentina.
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The South Korean steel and chemicals team is continuing to enhance its position in the global battery materials supply chain.
Posco invested around US$ 954 million in the upstream lithium handling facility at its second plant at the website, offering it an added 23, 000 lots of lithium carbonate production ability annually. The firm’s overall lithium handling capacity at the Salar del Hombre Muerto website is currently around 48, 000 lots per year.
Posco initially got mining rights to the Salar del Hombre Muerto salt level, which rests on the border of Salta and Catamarca districts, in 2018, with the first upstream lithium processing plant completed in 2024
Posco claimed that lithium carbonate produced at the second plant will certainly be shipped to a second downstream processing facility presently incomplete in the Yulchon Industrial Complex, in South Korea’s South Jeolla district, where it will certainly be exchanged battery-grade lithium hydroxide.
Posco plans to build 2 even more downstream lithium handling centers in South Jeolla province by 2033, boosting its yearly production capability of battery-grade lithium hydroxide to 100, 000 tons.
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