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POSCO Invests US$765 Million in Australian Lithium-Mining Joint Venture

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← All business news POSCO Invests US$765 Million in Australian Lithium-Mining Joint Venture
On 27 October 2026, South Korea's POSCO Holdings secured a 30% interest in LithCo, a joint venture with Mineral Resources that holds a 50% stake in Australia's Wodgina and Mt Marion lithium mines. POSCO committed US$765 million for its interest, strengthening...
On 27 October 2026, South Korea's POSCO Holdings secured a 30% interest in LithCo, a joint venture with Mineral Resources that holds a 50% stake in Australia's Wodgina and Mt Marion lithium mines. POSCO committed US$765 million for its interest, strengthening the supply chain for battery materials and electric-vehicle manufacturing. The investment creates opportunities for sustainable mining, battery-material processing and environmental advisory services. HPC can support mining companies with emissions monitoring, resource modelling, environmental analytics and sustainable-production optimisation.
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