My take from POSCO VideoThis I have redacted from the Video
5:45 into Video, Buddy at the podium says.
The period from 2023-2025 will be the take off phase of our EV Battery material business. In his stage we will ramp up our production capacity. Production of raw material like Lithium, Nickel, Recycled Materials. To support these goals 46% of POSCO total investment will go to EV battery material business. (a lot of blah blah blah) going from steel) We are shifting our focus to the battery material business. We will enhance the overall investment efficiency of the entire group. The POSCO Group is well positioned to invest in future growth. The EV battery business will move ahead with full force supported by strong financial footing. ( a lot of blah, blah bla)Since 2021 POSCO Holdings has been making investments into promising venture startups in order to acquire Lithium Battery Technologies. Our 2030 Lithium Battery material business strategies and goals. First the lithium business with existing investments made in Salt Lake and mines we are planning successful market entry. By Utilizing unconventional Lithium Resourrce. We will continue to expand our business. (blah blah blah) plenty more said about thei holding for lithium in other countries. Mentioning getting involved in USA and Canada.
It goes on from here but a lot of info not needed.