Tag: PLI scheme battery

South Korea: POSCO Holdings announces KRW 1.1 trillion lithium investment; India may benefit

Nov 14, 2025

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by

Rounak Gairarey

in Lead

POSCO eyes 30% stake in Australian subsidiary of Mineral Resources India relies on imported lithium for its growing EV, battery industries POSCO Holdings has announced a KRW 1.1 trillion (US $765 million) investment to secure long-term lithium resources in Australia and Argentina, strengthening its position in the global battery-materials supply chain. In Australia, POSCO will…