SEOUL : South Korea's Posco Holdings said on Wednesday it has signed a joint venture agreement worth around 1.5 trillion won ($1.16 billion) with Posco Future M and China's CNGR to produce precursors and nickel for batteries.
($1 = 1,293.0200 won)
FILE PHOTO: The logo of POSCO is seen at the company's headquarters in Seoul, South Korea, July 20, 2016. REUTERS/Kim Hong-Ji/File Photo