Jung In-hwa, Mayor of Gwangyang, Requests POSCO Group's Cooperation on Local Issues

by Heo Seonsik

Published 14 Jun.2023 14:17(KST)

Updated 15 Aug.2025 14:15(KST)

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Order to Relocate New Business Headquarters and Related Research Institutes to Gwangyang

Jung In-hwa, mayor of Gwangyang City, Jeollanam-do, announced on the 13th that he requested cooperation from Choi Jung-woo, chairman of the POSCO Group, who attended the groundbreaking ceremony of the POSCO Lithium Solution lithium hydroxide plant held at Yulchon 1 Industrial Complex, to resolve local issues reflecting the wishes of the residents.

The main points include ▲relocation of POSCO Future M headquarters to Gwangyang City ▲establishment (relocation) of a research institute under POSCO Holdings in Gwangyang ▲construction of a recycling facility for secondary battery process byproduct "Mangcho" ▲designation of a demonstration area for blue-green hydrogen technology development ▲establishment of a contract-dedicated department at Gwangyang Steelworks ▲direct development of Sepung Industrial Complex by POSCO E&C ▲prompt construction of Junggeum Bridge between Jungmadong and Geumhodong ▲cost-sharing for reconstruction of the "Gwangyang Port Harbor Workers Welfare Center" ▲expansion of future new business investments and establishment of new corporations, totaling nine items.

[Photo by Gwangyang-si]

In his congratulatory speech at the groundbreaking ceremony of the POSCO Lithium Solution lithium hydroxide plant, Mayor Jung said, “I hope the relationship between POSCO and Gwangyang City, an excellent model of public-private cooperation, will continue to develop in a more progressive direction,” and added, “Although it started in Pohang, I hope POSCO will develop further in Gwangyang.”

He continued, “Together with the 150,000 citizens of Gwangyang, I earnestly hope that the headquarters and related research institutes of new businesses such as secondary battery materials will be relocated to Gwangyang.”

On the same day in the afternoon, Mayor Jung participated in the ‘POSCO Gwangyang Steelworks Model Citizen Week Joint Volunteer Service’ with Chairman Choi Jung-woo, Vice Chairman Kim Hak-dong, and POSCO executives and employees, spending time with residents and once again conveying the intention for the POSCO Group to strive to resolve local issues.