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South Korea’s Posco Holdings considering investment in Alberta lithium fields

November 8, 2023
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
South Korean company Posco Holdings is considering investing in the exploration, development and commercialization of lithium in Alberta. The company – which is best known for steel production but also invests in minerals, energy and more – signed a memorandum of understanding this week with provincial Crown corporation Invest Alberta. Under the terms of the agreement, Posco will begin exploring prospects for lithium investment in Alberta, while the province will support the Korean company’s ambitions by helping them navigate the acquisition of mining rights as well as regulatory and tax-structure requirements. “Through our strategic collaboration with Invest Alberta, Posco Holdings...
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