Posco expands lithium ion empire with silicon anode acquisition

South Korea’s Posco acquired a silicon anode startup for 47.8 billion won ($36.8 million), as it looks to invest along the battery supply chain. The Korean steelmaker purchased 100% of Daejeon-based Tera Technos from its parent company Tera Science on July 1. Posco intends to invest $20 billion into the lithium ion supply chain between […]