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At the annual Korea-Australia Business Council meeting, Posco's leader proposed deepening resource cooperation between the two nations amid growing global supply chain concerns.
South Korean steelmaker POSCO Holdings obtained a $700 million credit line from the Islamic Development Bank to fund its lithium extraction operations in Argentina.
South Korea's leading steelmaker, POSCO Group, announced a collaboration with a Chinese firm to develop and produce battery materials. This partnership aims to strengthen their position in the rapidly growing electric vehicle battery market.
Posco Future M has secured its initial significant long-term order for lithium iron phosphate (LFP) cathode materials, agreeing to supply over 190,000 metric tons to a leading Korean battery manufacturer amidst surging North American demand for energy storage systems.
South Korean technology stocks, particularly chip manufacturers, experienced significant declines amid growing skepticism about the AI market and an extended chip rout. SK Hynix shares were notably affected, deepening their decline due to an earnings miss, excessive leverage by retail investors, and fears of Chinese competition.
POSCO's employee volunteers are extending their marine cleanup activities beyond their main operational areas to include remote islands and waters around Jeju Island, Ulleungdo, and Dokdo.
Posco announced a memorandum of understanding with KB Kookmin Bank to introduce a supply chain finance service aimed at improving liquidity for its steel industry suppliers.
The Delhi High Court's vacation bench, led by Justice Vinod Kumar, canceled the bail of a school staffer accused of raping a minor in Janakpuri, directing the individual to surrender to the POSCO court on July 1, 2026.
Posco International, the trading and energy arm of Posco Group, has expanded its palm oil business by integrating Indonesian producer Sampoerna Agro and launching a new corporate identity under PT Prime Agri Resources (PT.PAR).
NC AI said Sunday it signed a strategic business agreement with Posco DX on the joint development of a robot foundation model and for broader technical cooperation.
Sri Lanka's Health Ministry announced plans to procure and install 18 additional colposcopy machines across the country to enhance cervical cancer screening and treatment services.
Posco marked the 22nd anniversary of its free meal program, which supports senior citizens and people with disabilities. The company held a volunteer meal service event at the Songrim Senior Welfare Center in Pohang.
Posco Holdings announced a $765 million investment in Australian lithium mines to strengthen its raw material supply chain for battery materials.
South Korean steelmaker POSCO has signed a US$765 million deal to acquire a 30 percent stake in an Australian lithium mine, securing a key resource for its battery materials business.
Posco is increasing financial assistance for its trading partners to help stabilize supply chains and enhance export competitiveness. This initiative comes amidst global tariffs and an oversupply of Chinese steel, with the program having launched in January.
Vietnam has granted approval for South Korean company POSCO Future M to construct an artificial graphite anode plant within its borders. This development marks a significant step for the company's expansion in the electric vehicle battery materials sector.
South Korea's top court has issued a ruling stating that steel giant POSCO must directly hire a group of its subcontract workers. This decision could have significant implications for labor practices in the country.
South Korean steelmaker Posco announced plans to directly hire approximately 7,000 workers currently employed by its subcontractors, marking a significant move following the implementation of new labor regulations.
South Korean conglomerate Posco Group has invested 7 billion won ($4.6 million) in robotics engineering firm Brils, specializing in automation system design. This investment is part of Posco's strategy to accelerate its artificial intelligence transformation.
Posco Future M's recent investment underscores Vietnam's increasing importance and rising influence within the global electric vehicle (EV) supply chain.
POSCO Future M has partnered with US cleantech startup Molten Industries to develop natural graphite anode materials from non-mining raw materials, advancing innovation in the electric vehicle supply chain.
POSCO Future M has secured a significant 1 trillion-won deal to supply electric vehicle battery anode materials to a global automaker, marking its largest contract since entering the business in 2011. This contract highlights the company's crucial role in the electric vehicle supply chain and its expanding partnerships in the automotive industry.
POSCO Future M has announced a partnership with a U.S. battery startup to collaborate on the development of advanced battery materials, aiming to innovate in the electric vehicle and energy storage sectors.
Posco has established a 'One Team' system for eight strategic steel products, aiming to secure leadership in high-value, next-generation markets through dedicated project teams.
Posco has concluded the 18th cohort of its 'Beyond' student volunteer program, reinforcing its commitment to global social impact and sustainability.
Industrial heavyweights joined IMM Investment Japan in leading a Series D funding round for Kyoto Fusioneering, facilitated by a newly established Korea-Japan Fusion Fund.
Following the discovery of victims' remains and mounting public pressure, South Korean authorities have launched a comprehensive review of previously closed missing persons cases. The investigation has escalated into a national scandal, prompting high-level government scrutiny and procedural reforms.
Junts has broadened its alliances within the post-convergence political sphere ahead of municipal elections, securing agreements with Marta Pascal's PNC in Girona and other local organizations with former CiU leaders in various towns.
Highlights from POSCO's second-quarter earnings call detailed the steel company's financial performance and market outlook.
Posco International is expanding its presence in Brazil's rare earth market through a new partnership with a mineral exploration company, aiming to diversify its critical minerals supply chain.
Posco has completed a partial early redemption of its US dollar-denominated bonds through a debt tender offer, repurchasing $360 million of its $1 billion in five-year bonds, making it the first Korean company to utilize this method.
Posco Group Chairman Jang In-hwa announced a major business overhaul, pledging a W16.7 trillion investment to transform the steelmaker into a strategic resource supplier in steel, lithium, and energy.
POSCO Holdings Inc. (PKX) is highlighted as a high-dividend mining stock that is well-positioned to capitalize on emerging opportunities in low-carbon steel production.
Posco has completed South Korea's largest electric arc furnace and launched a high-purity rare gas production plant. These new facilities advance the company's push into low-carbon steelmaking and strategic semiconductor materials, strengthening its green steel and chip supply chain.
ReElement and Posco have signed a deal to collaborate on the production of rare earth materials and magnets in the United States.
Thousands of Cubans gathered in front of the US embassy in Havana to protest the US indictment of former Cuban leader Raúl Castro. His daughter and other Cuban officials repudiated the accusations, with some expressing readiness to fight against imperialism.
Posco Future M announced it has secured technology for the mass production of silicon anode materials, a next-generation lithium-ion battery component, with commercial production planned to begin in 2028.
Key highlights from POSCO's first-quarter earnings call have been released.
POSCO Holdings reported a 0.34% increase in its first-quarter net profit, primarily driven by equity gains.
Posco is accelerating the expansion of its industrial gas business as a future growth engine, targeting rising demand from advanced industries like semiconductors and aerospace.
Cleveland-Cliffs' stock experienced a decline despite the company reporting a narrower-than-expected loss for its first quarter. The drop was attributed to an $80 million energy cost and renewed strategic uncertainties, including the company stating it is no longer in a hurry regarding a potential deal with Posco.
Posco Group Chairman Chang In-hwa attended the World Steel Association meeting in Berlin, emphasizing the critical need for international collaboration to advance decarbonization efforts in the steel industry.
The Ministry of Health of Montenegro, in collaboration with the Institute for Public Health, successfully completed a three-day basic colposcopy training course for primary healthcare gynecologists. The program ran from April 1 to 3.
Volvo Construction Equipment and Posco have signed a memorandum of understanding to collaborate on developing core materials and technologies for carbon-neutral construction machinery. The agreement was signed at Volvo’s plant in Changwon, South Gyeongsang Province.
Posco Future M has partnered with Kumho Petrochemical and BEI to develop next-generation anode-free lithium metal batteries, aiming for a 50% energy boost and advancing Posco Group's high-performance battery materials push.
South Korean steelmaker Posco plans to invest in a global artificial graphite anode plant in Vietnam, expanding its presence in the electric vehicle battery supply chain.
Posco and Sila have entered into a collaboration agreement to jointly develop next-generation battery technologies, aiming to innovate in the energy storage sector.
Posco Future M announced plans to begin mass production of lithium iron phosphate (LFP) battery cathode materials this year. The move aims to challenge China's dominant position in the low-cost battery segment.
SK On has signed a deal with Posco Holdings to secure up to 25,000 tons of lithium, aiming to diversify its battery raw materials supply chain.
South Korean steelmaker POSCO Holdings reported second-quarter financial results showing a GAAP EPS of W9.00 and revenue of W19.25 million, reflecting its recent operational performance.
Simmons has formed a trilateral collaboration with Posco and Kiswire to jointly develop and supply specialized steel wire for mattress springs, aiming to strengthen its domestic supply chain.
Posco Holdings, South Korea's leading steelmaker, announced plans to sell 2.5 trillion won ($1.76 billion) worth of shares in two of its affiliates.
Meteoric and POSCO have signed a partnership agreement for a rare earths project located in Brazil.
Posco Future M announced plans to apply artificial intelligence throughout its battery material business, encompassing raw material procurement, manufacturing, product development, quality control, and customer collaboration.
POSCO and Anson Resources have announced a partnership to develop a Direct Lithium Extraction (DLE) demonstration plant in Utah, aiming to advance sustainable lithium production.
US and Iranian envoys have arrived in Qatar for indirect negotiations, mediated by Qatar, focusing on the release of $6 billion in frozen Iranian assets. Iran has stated there will be no direct talks with the US during these discussions.
Posco's employee blood donation campaign, which began in 1998, has reached over 65,000 cumulative participants, marking nearly three decades of efforts to support patients in need.
Management and unions at Posco and Hyundai Steel have commenced wage negotiations, operating under the newly implemented 'Yellow Envelope' law. This marks a significant development in South Korean labor relations.
Posco is recruiting participants for its smart factory support program to enhance the manufacturing competitiveness of Korean small and medium-sized enterprises.
International discussions are underway regarding the potential closure of the Strait of Hormuz by Iran, with France proposing a UN mission and the EU considering sanctions. US Secretary of State Rubio noted some progress in talks with Iran, while allies are urged to develop a 'plan B' for the critical waterway.
Entergy has signed agreements with Hyundai Steel-Posco as part of its recent metals deals, indicating new business partnerships.
Posco has signed a deal worth US$765 million to acquire a 30% stake in Australian lithium mines.
Hana Financial Group, Posco International, and Dunamu are collaborating to develop a blockchain-based cross-border remittance platform, aiming to enhance transparency and efficiency in international fund transfers.
UBS has raised its rating for Posco to 'Buy,' driven by a bullish outlook on the company's lithium assets.
Posco announced a joint venture with JSW Steel to construct an integrated steel plant in India, aiming to expand its presence in the country's growing steel market and strengthen its global supply chain.
South Korean steelmaker POSCO has expanded its lithium mining rights in Argentina.
South Korean steelmaker Posco announced its decision to directly hire approximately 7,000 workers from its partner companies, an unconventional move aimed at addressing the country's long-standing subcontracting structure.
Posco Group's nonprofit arm, Posco 1% Foundation, is undertaking a classroom remodeling project to enhance learning environments for students with special needs.
Posco Group's nonprofit arm, the Posco 1% Foundation, donated tactile exhibition installations to the National Museum of Korea in February, utilizing its steel technology to enhance art accessibility for the visually impaired.
POSCO Future M has secured a significant 1 trillion won deal to supply battery materials to a global automaker, marking a major contract for the company.
Posco Future M said Friday it has signed a memorandum of understanding with US battery materials firm Sila to jointly develop next-generation battery materials aimed at extending battery lifespan. The agreement was signed Wednesday in Seoul, with Hong Young-jun, head of Posco Future M’s R&D center, and Gleb Yushin, founder and chief technology officer of Sila, attending the ceremony. Under the partnership, Posco Future M will combine its expertise in cathode, anode and carbon materials with Sila
Posco Future M announced plans to invest in a new synthetic graphite anode material plant in Thai Nguyen, Vietnam, as part of its strategy to expand global orders.
Posco Future M has been named to S&P Global’s 2026 Sustainability Yearbook for the third consecutive year, acknowledging its strong environmental, social, and governance performance.