POSCO completes second Argentina lithium plant with 23,000-ton capacity

POSCO Holdings has completed the upstream process of its second brine lithium plant in Argentina, investing about $954 million. The plant adds 23,000 tons of annual lithium carbonate capacity, bringing local output to 48,000 tons. The group targets 100,000 tons of brine lithium by 2033.

• Investment in the second plant's upstream process is about $954 million
• The plant has annual capacity of 23,000 tons of lithium carbonate
• Total Argentine capacity will reach 48,000 tons
• MOUs signed for third and fourth plants of 25,000 tons each