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Break It Down: Korean Giant POSCO Targets Lithium South’s Argentine Assets

Summary by Stockhead
Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Tylah Tully unpacks news from Lithium South Development Corp (TSX:LIS), which has received a US$62 million cash offer from South Korea’s POSCO for its exploration assets in Argentina’s Hombre Muerto Salar.  The move shows that major global players are willing to commit significant capital to secure lithium assets in Latin America.  Watch t…
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The Canadian company Lithium South announced that it received a cash offer from POSCO, South Korea, for its exploration portfolio at the Dead Man Salar. The non-binding proposal opens up the possibility of an important agreement for both parties. Lithium South, a Vancouver-based company, reported that it received a cash offer of $62 million from POSCO, one of South Korea’s leading conglomerates, for its portfolio of exploration assets at the Dea…

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Mining Technology | Mining News and Views Updated Daily broke the news in on Thursday, July 31, 2025.
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