POSCO mulls buying stakes in graphite mines in Australia, Mozambique

POSCO, the world’s fifth-largest steelmaker by output, is considering buying stakes in graphite mines in Australia and Mozambique, a person familiar with the matter said Thursday. The move is part of POSCO’s efforts to diversify import sources of graphite, a material required in making anodes, he said. An anode is a key material in a … Continue reading POSCO mulls buying stakes in graphite mines in Australia, Mozambique