Industry
SK On signs three-year long-term lithium contract with Posco
SK On said on Tuesday it signed a long-term lithium purchase contract with Posco Group. Under the deal, SK On will receive up to 25,000 tons of lithium from Posco Argentina, Posco Group\'s lithium production unit in Argentina, from 2026 to 2028. The lithium will be produced at the Hombre Muerto salt lake in Salta province. SK On plans to use it for EV battery projects in Europe and North America and is reviewing use in ESS products.