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 Inc. (NYSE: PKX) generates a wide range of news and disclosures reflecting its role as the ultimate parent of POSCO Group, a global steel and battery materials producer headquartered in Pohang, Republic of Korea. News coverage and official announcements highlight developments across steel manufacturing, secondary battery materials, infrastructure businesses, and international projects.
Investors following PKX news can see updates on regulatory filings, such as the company’s annual reports on Form 20-F filed with the U.S. Securities and Exchange Commission and current reports on Form 6-K. These items include information on quarterly report translations, provisional earnings announcements, dividend resolutions, serious industrial accidents at subsidiaries, and responses to rumors or media reports requested by exchanges and regulators.
Company and group news also describe strategic projects and partnerships. Examples include POSCO Argentina S.A.U.’s role as the owner and operator of the Sal de Oro lithium project in Argentina’s Hombre Muerto Salar, investment decisions in lithium businesses with partners in Australia, and participation by POSCO International in a carbon capture and storage hub offshore of Corpus Christi, Texas. Other communications cover cooperation agreements for green hydrogen projects in Sarawak, Malaysia, and investment and resource development activities in countries such as Australia.
POSCO Group communications further report on industry leadership and recognition, including the POSCO Group CEO’s role as chairman of worldsteel and awards from worldsteel and World Steel Dynamics. Operational updates, such as restoration work and resumption of production at POSCO Pohang Steelworks after flooding, also appear in news releases. For investors and observers, the PKX news stream offers insight into how POSCO Holdings and its group companies manage steel operations, expand battery materials and resource projects, pursue low-carbon initiatives, and address governance and safety matters.
Users interested in PKX can review this news feed regularly to monitor company announcements, project milestones, regulatory updates, and sector-related developments linked to POSCO Holdings and its global activities.
POSCO is accelerating restoration work at the Pohang Works following typhoon damage. Key updates include:
- Normalization of the Iron and Steel Making Substation by the morning of September 7.
- Power recovery at the steelworks expected to be complete by September 10.
- Three blast furnaces will sequentially resume operation starting September 10.
- Environmental maintenance will be finalized during the Chuseok holiday.
Collaboration with various entities has facilitated extensive drainage efforts to manage flood impacts.
Summary not available.
POSCO Holdings has announced a collaboration with Prologium to co-develop materials for solid-state batteries, aiming to enhance its portfolio in next-generation secondary battery technologies.
The partnership, formalized on May 12, 2022, includes investments in Prologium and the development of key components such as cathode materials and solid electrolytes. This move positions POSCO to improve its capabilities in high-capacity battery materials and solid-state technology, reinforcing its competitiveness in the evolving energy sector.
On April 28, 2022, POSCO Holdings (NYSE: PKX) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission. The report can be accessed via POSCO's website or the SEC's site. Investors can also request a hard copy of the annual report free of charge by contacting the investor relations department.
POSCO Holdings has initiated the construction of a 25,000-ton lithium hydroxide plant in Argentina's Salar del Hombre Muerto, with plans for completion by 2024.
Additionally, a second plant is expected to begin construction this year, targeting a total production capacity of 100,000 tons by 2028.
The total investment amounts to $839 million, which will support the production of enough lithium to supply approximately 600,000 electric vehicles annually.
POSCO's strategy aims to establish the company as a top contender in global lithium production.
Summary not available.
On April 29, 2021, POSCO (NYSE: PKX) submitted its Annual Report on Form 20-F to the U.S. Securities and Exchange Commission for the fiscal year ended December 31, 2020. The report is available for download on the company's official website and the SEC's site. Investors can request a free hard copy of the report via email.