220 trillion won of underground resources have been found in the Argentine land purchased by POSCO.

POSCO / Photos = Insight

[인사이트] Reporter Ham Cheol-min = It is reported that the lithium reserves in the salt lake of “Ombre Muerto” in Argentina owned by POSCO amount to 13.5 million tons.

Lithium is an essential resource for electric vehicle batteries and is a resource called “second semiconductor”.

On the 3rd, POSCO announced through an international lithium consulting firm that the amount of lithium stored in Lake Muerto in Ombre, Argentina, was confirmed to be 13.5 million tons.

It is a scale capable of producing about 370 million electric vehicles.

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In terms of value, the value is even more enormous. The price of lithium, which is currently around $ 10,000 per tonne, is estimated to rise to $ 15,000 by 2025.

If you calculate 13.5 million tons of lithium found in the salt desert as the estimated price of lithium in 2025, the value is about 220 trillion won.

It was a great success. As of now, it has been found that among the world’s salt lakes, lithium reserves and concentration are among the highest in the world.

As a result, POSCO decided to expand the business of secondary battery base materials such as lithium, nickel and graphite along with the business of secondary battery materials such as cathode materials and anode materials.

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Furthermore, POSCO plans to protect graphite mines in Africa and Australia in order to diversify the supply and demand of graphite, the anode material, which is entirely dependent on China, and will reduce its dependence on Chinese raw materials to 50%. in the medium and long term.

POSCO, which can supply lithium, nickel and graphite, which are key raw materials, as well as cathode and anode materials around the world, has completed the material value chain and supplied 220,000 tons of lithium and 100,000 tons of nickel by 2030 by 2030 The company plans to establish a production system of 400,000 tons of cathode materials and 260,000 tons of anode materials up to.

In doing so, it expects to achieve 20% global market share and KRW 23 trillion sales in the secondary battery material industry.