Renascor Resources have signed a Mou with the world’s largest lithium-ion battery materials supplier, POSCO, to build a manufacturing facility for a Siviour Mine and Concentrator at Eyre Peninsula in South Australia, and battery anode material.
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POSCO invests in Western Australia’s battery industry
POSCO, a South Korean steel manufacturer, has elected to invest US$240 million in a 30 per cent stake in First Quantum Minerals’ Ravensthorpe nickel mine, in Western Australia.
First Quantum
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Posco among four bidders for Arrium as process heads into final stage
The second and final stage of bidding for Arrium Australia has seen the field narrowed to four, including South Korean steelmaker Posco through its venture capital arm.
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Greg Hunt and delegation meet Korea’s Posco regarding Arrium bid
A delegation including federal industry minister Greg Hunt, SA treasurer Tom Koutsantonis and unions has travelled to South Korea to meet with Posco, which has made a bid for collapsed iron ore and steel business Arrium.
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Australia’s Arrium sells NZ unit
Arrium, formerly known as One Steel, has sold 50.3 per cent stake in New Zealand’s Steel & Tube Holdings for $A74.03 million, to boost its defences against a takeover.
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