POSCO partners with Black Rock

SOUTH Korea’s POSCO, a major participant in the global lithium-ion battery sector and one of the world’s largest producers of anode feedstock, has entered a strategic alliance and development memorandum of understanding with Black Rock Mining for the Mahenge graphite project in Tanzania. 

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Mahenge's prospects for development are firming.

POSCO has 90 days to complete due diligence, before it enters a potential two-phase binding agreement.

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