Posco

Korea’s POSCO International targets $230M rare earth supply from Southeast Asia with venture capital push

South Korea's POSCO International is targeting an annual rare earth supply of $230 million from Southeast Asia, as it accelerates efforts to build a stable global supply chain for heavy rare earth elements critical to electric vehicle (EV) traction motors.

Korea’s POSCO Future M to invests $270M in battery materials plant in Vietnam

South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.