The Engine of POSCO's Future,
Lithium-ion Battery
Material Business
to become a leading company in the green industries, such as Lithium-ion battery materials and hydrogen cells,
beyond the steelworks. As a supplier of materials used for Lithium-ion batteries, POSCO completed
the world's only integrated supply system for Lithium-ion batteries in conjunction
with POSCO CHEMICAL, thereby establishing a powerful engine for its growth in the future.
Lithium-ion Battery Material Value Chain
2030
The world's only company that has completed a value chain,producing from raw materials to cathode, anode materials
Lithium
220,000 t per yearNickel
100,000 t per year
Cathode materials
400,000 t per yearAnode materials
260,000 t per year
Global Market Share
20%
Annual Sales(KRW)
23trillion
2021
Entered into the lithium extraction business
Started the construction of
Gwangyang Hardrock Lithium and Argentina brine Lithium Plant
Secured natural graphite for anode production
Acquired 15% share in Black Rock Mining Ltd,
a mining company owning graphite mines in Tanzania
Secured nickel materials for Cathode production
Acquired 30% share in Ravensthorpe Nickel Operation, Australia
Changes made to SNNC facilities will allow annual
Nickel Sulphate production of 20,000 t per year
2020
Entered into the battery recycling business
Nickel, lithium, and cobalt extraction contributes
to the environmentally friendly resource cycle
Expanded Gwangyang cathode Plant (25,000 t)
Started the expansion of Sejong Natural
Graphite Anode Plant (15,000 t)
and the construction of
Pohang Artificial Graphite Plant(8,000 t)
2019
Constructed Gwangyang Cathode Plant(5,000 t)
Expanded Sejong Natural Graphite
Anode Plant(20,000 t)
Reached the natural graphite production capacity of 44,000 t
Established POSCO Group Lithium-ion
battery material research center
Joint venture between POSCO - RIST POSCO CHEMICAL
2018
Acquired Argentina's salt lake,
Salar del Hombre Muerto
Total content 13.5 million t
Total value amounting to KRW 35 trilliona
(in March 2021 market prices)
One of the highest lithium concentration in the world
(921 mg/L)
2021
Entered into the lithium extraction business
Started the construction of
Gwangyang Hardrock Lithium and Argentina brine Lithium Plant
Secured natural graphite for anode production
Acquired 15% share in Black Rock Mining Ltd,
a mining company owning graphite mines in Tanzania
Secured nickel materials for Cathode production
Acquired 30% share in Ravensthorpe Nickel Operation, Australia
Changes made to SNNC facilities will allow annual
Nickel Sulphate production of 20,000 t per year
2020
Entered into the battery recycling business
Nickel, lithium, and cobalt extraction contributes
to the environmentally friendly resource cycle
Expanded Gwangyang cathode Plant (25,000 t)
Started the expansion of Sejong Natural
Graphite Anode Plant (15,000 t)
and the construction of
Pohang Artificial Graphite Plant(8,000 t)
2019
Constructed Gwangyang Cathode Plant(5,000 t)
Expanded Sejong Natural Graphite
Anode Plant(20,000 t)
Reached the natural graphite production capacity of 44,000 t
Established POSCO Group Lithium-ion
battery material research center
Joint venture between POSCO - RIST POSCO CHEMICAL
2018
Acquired Argentina's salt lake,
Salar del Hombre Muerto
Total content 13.5 million t
Total value amounting to KRW 35 trilliona
(in March 2021 market prices)
One of the highest lithium concentration in the world
(921 mg/L)
The Next-Generation
Green Energy
Source Hydrogen Business
its hydrogen business as the premier green energy source of the future in accordance
with its 2050 Carbon Neutrality Declaration. To that end,
the group is now expanding its business to encompass hydrogen value chains
in its bid to become a leading enterprise in the new hydrogen economy.
We at POSCO Group plan to realize the idea of a green hydrogen-based HyREX system
in our steel business by the year 2050, thus opening the door for the age of
post-carbon hydrogen in steelmaking and fostering the growth of the hydrogen
ecosystem across our entire value chain.
POSCO Group Green Hydrogen Business Model
Hydrogen Business Vision
2050
Nurture hydrogen businessas the core business of the group's future
-
Production(ton)
5million
-
Sales(KRW)
30trillion
-
Domestic Market Share
30%
