Posco America relocates HQ to Washington..... "Posco Group expects the relocation of Posco America’s headquarters will help the group to better respond to the Inflation Reduction Act and policies involving critical minerals including lithium, nickel, cobalt, manganese, graphite and aluminum."
"Posco Group added that Posco America will help the group establish joint ventures with General Motors and Ford, the group's partners to whom Posco Group previously agreed to supply secondary battery materials"
Aug. 23rd, 2023
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& 1st place they go to, AB.
To the only brine company in N.A. with an x-DOD heavyweight.
Also someone with GM/Chevy EV powertrain, world-wide car sells.
https://www.google.com/amp/s/m.koreaherald.com/amp/view.php%3fud=20230830000702
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POSCO news excerpts:
*This move is strategically aligned with the US Inflation Reduction Act (IRA) and is poised to secure POSCO Holdings' pivotal role in the North American lithium market.
*also plans to extract lithium from oilfield brine with support from Alberta’s existing industry, which is working on solutions to address the challenges tied to brine-hosted lithium extraction.
And which AB company(E3), is the only 1(E3) with real brine extraction flow(E3) & KPI's ? (E3)
AND....really re-read bottom of this one:
*Invest Alberta CEO Rick Christiaanse said: “Alberta’s strategic partnership with Posco paves the way for substantial advancement in lithium production as demand for electric vehicles and lithium-ion batteries grows significantly. This agreement is a vote of confidence in Alberta’s ability to become a global leader in this area."
Chris 1st said what in 2018 about lithoum & a giga??
BMAC said what in 2019 report about EV factory & SS batteries. In addition to the Western Battery Hub feas.
11 months ago, Chris reiterated in his Linkedin thread growing up AB industry. With that reply from Chris Popoff about battery materials.
Yesterday:
" They are well advanced, so it’s really now just a question of them picking the right projects and then moving forward.”
*E3 Lithium is the company to beat!*
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