Mineral Resources and POSCO are teaming up in a $765 million lithium joint venture to meet rising demand

Mineral Resources (ASX:MIN,OTCQB:MALRF) and Korean steelmaker POSCO Holdings (NYSE:PKX,KRX:005490) have signed a binding agreement, creating a lithium joint venture. According to the editionthe new entity will own 50 percent of Mineral Resources’ existing ownership in the Wodgina and Mt Marion lithium mines in Western Australia. POSCO will make a cash payment of US$765 million to […]