POSCO Closing in on Commercializing New High-Quality Lithium Extraction Method

YonhapNews reported that Korea’s largest steelmaker, POSCO, is close to commercializing a new method of extracting high-quality lithium efficiently and directly from raw materials.

According to the news:

The company said its Research Institute of Industrial Science and Technology (RIST) has been perfecting a chemical reaction process to isolate the valuable silvery white metal from lithium-rich salt water and other impurities.

POSCO said it has started work in June to build a fully operational pilot plant in Argentina’s Jujuy Province. Once built, it can produce 200 tons of lithium per year, with full-fledged production expected in 2016. South America has many dried up salt-water lakes that are rich in lithium.

Click here to view the full report. 

Get the Latest Lithium Investing Stock Information

Get the latest information about companies associated with Lithium Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Nemaska-LithiumNemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) has developed innovative methods of converting lithium sulfate into high purity lithium hydroxide and carbonate and intends to serve the growing lithium battery market with its lower cost, higher purity lithium hydroxide. Connect here and don't miss an update!

Leave a Reply