Question · Q3 2025
Yi Jae Young requested an update on the ramp-up progress and full operation timelines for POSCO Lithium Solution and POSCO Argentina. He also asked for POSCO Holdings' perspective on recent news regarding a Swedish company's bankruptcy, specifically whether it is viewed as a positive or negative development for the company.
Answer
A representative (likely from Energy Materials Business Management) explained that POSCO Argentina's lithium brine plant, which went live in October last year, will complete its ramp-up by November this year and is undergoing customer qualification. POSCO Lithium Solution has one plant under commercial operation, and another with a different processing technique will complete its ramp-up by early next year for commercial production. Regarding the Swedish bankruptcy, a representative (likely from the steel or environment team) noted that Europe's green steel targets (2027-2030) for lithium hydroxide are facing delays of 1-2 years due to high energy prices and slow hydrogen infrastructure development, despite EU CapEx/OpEx support, indicating limited progress due to CO2 prices and infrastructure conditions.