POSCO close to commercializing lithium extracting method

Posted on July 4, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

POSCO on Thursday said it was nearing commercialization of a new technology that can efficiently and quickly extract high-quality lithium directly from raw materials.

The nation’s largest steelmaker said its Research Institute of Industrial Science and Technology has been perfecting the technology. Lithium is a key material in high-capacity rechargeable batteries used to power mobile phones, laptop computers and electric vehicles. Lately, a rise in the demand for environmentally friendly vehicles has been fueling the demand for lithium.