InvestorsHub Logo
Followers 7
Posts 7770
Boards Moderated 1
Alias Born 03/05/2014

Re: None

Monday, 04/02/2018 1:43:43 AM

Monday, April 02, 2018 1:43:43 AM

Post# of 609
Giant_hungry._Feed_Giant._Giant_make_1,500mt/Yr_Lithium_hydroxide._Giant_is_Your_Uncle_POSCO
http://english.yonhapnews.co.kr/business/2018/04/02/0501000000AEN20180402002900320.html

That's right kids, our very own Uncle Posco started making the "real deal" Lithium hydroxide inside its steel mill in Gwangyang South Korea. Automakers would love to use Lithium hydroxide instead of LCE since the hydroxide form requires less cobalt in a car battery to stabilize the chemical reaction. And as we all know, cobalt is getting harder to procure (see mess in DRC) and more expensive by the day.

The Doctor

PS, So are you kids out there wondering where all that raw lithium will be coming from in order for Uncle Posco to produce that finished product of 1,500mt per year of Lithium hydroxide? Awww, you cute kids in 2018 are just so darn inquisitive... not like those stupid dumb-as-a-door-nail kids from 10 years ago.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.