Welcome to our dedicated page for POSCO HOLDINGS news (Ticker: PKX), a resource for investors and traders seeking the latest updates and insights on POSCO HOLDINGS stock.
POSCO HOLDINGS (NYSE: PKX) maintains its position as a global industrial leader through diversified operations spanning steel production, green infrastructure, and energy solutions. This news hub provides investors with essential updates on strategic developments across all business segments.
Access consolidated coverage of earnings reports, sustainability initiatives, and operational milestones. Our curated collection includes official press releases, market analyses, and regulatory filings – all vital for understanding PKX's evolving role in traditional manufacturing and emerging green technologies.
Key focus areas include steel innovation updates, infrastructure project announcements, and energy sector expansions. Track the company's progress in balancing core industrial operations with next-generation environmental solutions through verified financial disclosures and executive communications.
Bookmark this page for streamlined access to PKX's latest corporate developments. Regular updates ensure you maintain current awareness of this South Korean conglomerate's multifaceted growth strategy across global markets.
Lithium South Development Corporation has entered into a Letter of Intent (LOI) with POSCO Argentina S.A.U., a subsidiary of POSCO Holdings (NYSE: PKX), for the sale of its lithium projects for up to US$62 million in cash.
The deal includes the Hombre Muerto North Lithium Project and several other concessions (Sophia 1, 2, 3, Hydra X, and Hydra XI). The transaction is subject to a 60-day due diligence period, followed by another 60 days for definitive agreement negotiation. During this period, Lithium South has agreed to an exclusivity arrangement.
The transaction requires regulatory, government, and shareholder approvals. Canaccord Genuity Corp. serves as the financial advisor for this arms-length transaction, with no finder's fee payable.
POSCO HOLDINGS (NYSE: PKX) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024. The filing was completed on April 29, 2025, with the U.S. Securities and Exchange Commission.
Investors and interested parties can access the 2024 Annual Report through multiple channels:
- Download from POSCO's official website: www.posco-inc.com
- Access via the SEC website: www.sec.gov
- Request a free hard copy directly from the company
This regulatory filing represents POSCO's compliance with SEC requirements for foreign companies listed on U.S. exchanges, ensuring transparency and disclosure of their financial performance and operations for the 2024 fiscal year.
POSCO HOLDINGS INC. (NYSE: PKX) filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission. The report is available for download on the company's website and the SEC's website. Investors can request a hard copy for free.
POSCO Group's CEO, Jeong-woo Choi, met with Australian Prime Minister Anthony Albanese to discuss future eco-friendly projects in Australia. The meeting focused on the company's plans to invest USD 40 billion by 2040, with USD 28 billion allocated for hydrogen manufacturing and USD 12 billion for green steel. Choi emphasized Australia's significance in realizing carbon neutrality by 2050 and the role of renewable energy sources in manufacturing hydrogen. Albanese expressed support for these initiatives, indicating a strong cooperation for sustainable projects.
POSCO Group CEO, Jeong-woo Choi, was inaugurated as the 44th chairman of worldsteel during the Annual General Meeting in Brussels on October 18. Choi's focus on eco-friendly materials emphasizes the commercialization of Hydrogen Reduction (HyREX) technology amid industrial challenges like carbon neutrality. POSCO also won two Steelie Awards for innovation and sustainability, highlighting its advancements like the 'fast current electrochemical pickling' process and the use of shell waste in sintering, which reduce environmental impact.
POSCO Holdings has signed a Memorandum of Understanding (MOU) on September 7 with Samsung Engineering, Lotte Chemical, and Sarawak Energy for the Sarawak H2biscus Green Hydrogen Project. This collaboration aims to produce 200,000 tons of green hydrogen by 2027 using a minimum of 900MW of hydroelectric power. The feasibility study is set to be completed this year, paving the way for a significant hydrogen supply hub in Asia. The project also contributes to Malaysia's national hydrogen economy and supports South Korea's carbon neutrality goals.
POSCO announced the resumption of operations at its Pohang Steelworks following damage from flooding. As of September 12, all blast furnaces are operational, including the no.3, no.4, and no.2. Steel production has resumed with the restoration of steel-making and continuous casting facilities. Despite progress, the rolling line remains under repair, with 80% of draining work completed. An emergency shipment response team has been established to stabilize supply and demand. Safety measures are being enhanced to mitigate risks during the ongoing restoration.
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