South Korea to invest $230 Million in Argentina

Source: Latino Fox News

10.24.2014

South Korean multinational Posco will invest $230 million in a lithium mining project in the northwestern Argentine province of Jujuy, Cabinet chief Jorge Capitanich said Friday.

Posco plans to start the extraction stage at the end of 2015 or early 2016 with initial production of 20,000 tons. The goal is to raise output to 80,000 tons by 2020.

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