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Korea cementing position as a top ex-China lithium hydroxide producer","south-korea-cementing-position-as-a-top-ex-china-lithium-hydroxide-producer","article/south-korea-cementing-position-as-a-top-ex-china-lithium-hydroxide-producer",{"_uid":557,"date":558,"tags":559,"editor":575,"content":585,"excerpt":699,"featured":51,"reporter":700,"_editable":704,"component":705,"seo_title":553,"categories":706,"visibility":712,"author_company":49,"data_vis_image":713,"featured_image":717,"seo_description":699,"author_full_name":49,"author_job_title":49,"formattedDate":720,"formattedArticleDate":721},"25ab5786-1fc0-42c9-9091-8873cc63d8a1","2024-12-11 00:00",[560,563,566,569,572],{"slug":561,"name":562},"asia","Asia",{"slug":564,"name":565},"data-visualisation","Data Visualisation",{"slug":567,"name":568},"ecopro","EcoPro",{"slug":570,"name":571},"posco","Posco",{"slug":573,"name":574},"south-korea","South Korea",[576],{"slug":577,"name":578,"content":579},"didi-bostock","Didi 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His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":586,"content":587},"doc",[588,605,618,637,646,653,665,676,684,689,694],{"type":589,"attrs":590,"content":591},"paragraph",{"textAlign":49},[592,595,603],{"text":593,"type":594},"South Korea’s lithium hydroxide production is set to increase 87% between 2024 and 2030, securing its position as a top three producer of the chemical, according to ","text",{"text":596,"type":594,"marks":597},"Benchmark’s Lithium Forecast",[598],{"type":599,"attrs":600},"link",{"href":601,"uuid":49,"anchor":49,"target":49,"linktype":602},"https://www.benchmarkminerals.com/lithium/data-reports/forecast","url",{"text":604,"type":594},".",{"type":589,"attrs":606,"content":607},{"textAlign":49},[608,610,616],{"text":609,"type":594},"Its current number one position was further cemented as ",{"text":611,"type":594,"marks":612},"Posco completed 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lithium chemical producers in South Korea?",{"type":589,"attrs":654,"content":655},{"textAlign":49},[656,658,664],{"text":657,"type":594},"All of South Korea’s lithium chemical output through to 2040 is currently set to be lithium hydroxide and all of the planned facilities are wholly or majority owned by ",{"text":659,"type":594,"marks":660},"South Korean companies",[661],{"type":599,"attrs":662},{"href":663,"uuid":49,"anchor":49,"target":49,"linktype":602},"https://source.benchmarkminerals.com/article/ecopro-bm-latest-cathode-producer-to-mull-capacity-cut?_branch_match_id=1544411214745817486&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWrwzM96%2FIdI5KDUiyrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAAiEu4EgAAAA%3D",{"text":604,"type":594},{"type":589,"attrs":666,"content":667},{"textAlign":49},[668,670,675],{"text":669,"type":594},"Posco Pilbara Lithium Solution recently announced that it would supply 20,000 tonnes of lithium hydroxide (17,600 tonnes LCE) to cathode maker Posco Future M and 15,000 tonnes of lithium hydroxide (13,200 tonnes LCE) to ",{"text":671,"type":594,"marks":672},"battery maker SK On",[673],{"type":599,"attrs":674},{"href":615,"uuid":49,"anchor":49,"target":49,"linktype":602},{"text":604,"type":594},{"type":589,"attrs":677,"content":678},{"textAlign":49},[679],{"type":641,"attrs":680},{"id":49,"alt":681,"src":682,"title":49,"source":49,"copyright":49,"meta_data":683},"Three companies account for all of South Korea's lithium hydroxide supply","https://a.storyblok.com/f/287943243085208/c2bc249893/bm-south-korean-lithium-hydroxide-producers-table.png",{},{"type":647,"attrs":685,"content":686},{"level":649,"textAlign":49},[687],{"text":688,"type":594},"Posco’s global lithium footprint",{"type":589,"attrs":690,"content":691},{"textAlign":49},[692],{"text":693,"type":594},"Posco is also investing heavily in Argentina developing the Sal de Oro project which includes a 25,000 tonne LCE per year lithium hydroxide plant.",{"type":589,"attrs":695,"content":696},{"textAlign":49},[697],{"text":698,"type":594},"In December 2024, the company signed a deal with Australia’s Hancock Prospecting to build a 30,000 tonne lithium chemical plant though no location or investment amounts have yet been released.","South Korea’s lithium hydroxide production is set to increase 87% between 2024 and 2030, securing its position as a top three producer of the chemical, according to Benchmark’s Lithium Forecast. Its current number one position was further cemented as Posco completed construction on the second train of its joint venture plant in the country with […]",[701],{"slug":577,"name":578,"content":702},{"job_title":580,"image":703,"bio":583,"linkedin":584},{"filename":582},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"25ab5786-1fc0-42c9-9091-8873cc63d8a1\", \"id\": \"\"}-->","article",[707,710],{"slug":708,"name":709},"critical-minerals","Critical Minerals",{"slug":711,"name":8},"lithium","private",{"id":49,"alt":643,"name":714,"focus":714,"title":643,"source":714,"filename":644,"copyright":714,"fieldtype":715,"meta_data":716,"is_external_url":51},"","asset",{"alt":643,"title":643,"source":714,"copyright":714},{"id":49,"alt":714,"name":714,"focus":714,"title":714,"source":714,"filename":718,"copyright":714,"fieldtype":715,"meta_data":719,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/344d4ee311/bm-posco-flag-1.jpg",{"alt":714,"title":714,"source":714,"copyright":714},"Dec 11, 2024","11th December 2024",[],[],1792773893073]