The Latest Breakthroughs In The Battery War | OilPrice.com

Go down to number 4 in that article and read about how GM has hooked up with Korean firm POSCO Chemical to build a new plant in the North America to process Cathode Active Materials ( CAM ) for the new Ultium battery to be used by GM.

GM and POSCO Chemical will Build a New North America Factory to Process Cathode Active Material for Ultium Batteries - Batteries News

Seeing the name "POSCO Chemical" stirred a distant memory related to LAC back in 2015.  The long term "Longs" invested in LAC may remember how Western Lithium was going to "hook up" with POSCO to solve some lithium production problems over at Cauchari-Olaroz as outlined in this August, 2015 article:

Lithium Americas and POSCO Execute Heads of Agreement Defining Basic Conditions of Joint Venture for the Development of the Cauchari-Olaroz Lithium Project (yahoo.com)

The secondary battery material business has definitely taken its place as POSCO’s new growth engine. 

It appears that an increasing focus of POSCO Chemical these days is on the "Secondary Battery Materials Market", a descriptive phrase we will be hearing more and more about from other companies as well as this niche comes into its own concurrent with the increasing demand and utilization of lithium ion batteries in the transportaion industry and in a large number of other industries as well.  Below is a PR from POSCO that delineates POSCO's tiptoe through the tulips of this developing "Secondary Battery Materials Market":

POSCO’s New Growth Engine, Secondary Battery Materials – Official POSCO Newsroom