POSCO

PKX

Market cap $21.4B

PKX and ReElement are set to invest $200M in a U.S. rare earth plant, targeting EV, robotics and AI supply chains by 2028.

PKX partners with Molten to develop methane-based graphite anodes, aiming to cut costs and diversify battery material supply chains.

PKX secures silicon anode mass-production tech, targeting next-gen EV batteries with faster charging and higher energy density.

PKX secures stake in Australian lithium mine in a $765M deal, boosting long-term battery material supply and global lithium access.

Anson Resources and POSCO Holdings have received board approval for a binding agreement to develop POSCO's Direct Lithium Extraction ("DLE") Demonstration Plant at the Green River Lithium Project in Utah. POSCO to lead the project at its own expense including the design, construction and operation of its proprietary Direct Lithium Extraction ("DLE") Demonstration Plant POSCO to pay ~AUD $7.2 million (USD $5.2 million) non-dilutive facilitation fee to Anson.

POSCO Holdings Inc. is upgraded to 'Buy' following robust Q1 earnings and resilient performance amid geopolitical headwinds. PKX's Q1 net profit surged, driven by strong infrastructure and Rechargeable Battery Materials, with POSCO Argentina achieving its first monthly KRW profit. Long-term and intermediate technical indicators signal sustained bullish momentum, with potential resistance near $130 per share.

I maintain my "Buy" rating for POSCO after analyzing its above-expectations results and positive financial outlook. PKX's 1Q2026 EBIT rose 24.3% YoY and beat the consensus by 20.3%, thanks to the outperformance of its battery materials and infrastructure units. I am predicting another substantial growth in its operating income for full-year FY2026; the key lies with the steel business' likely financial improvement driven by price hikes and asset rationalization.

SEOUL, South Korea, April 29, 2026 /PRNewswire/ -- On April 29, 2026, POSCO HOLDINGS INC. (NYSE: PKX) filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission.

PKX plans India expansion with JSW Steel to build 6M-ton Odisha plant, targeting high-grade steel and boosting global competitiveness by 2031.

India and South Korea reaffirmed plans to expand trade to $50 billion by 2030, a target first announced in 2018. Trade between India and Korea grew at a compounded annual rate of just 3% from 2018 to 2025 to reach $26.89 billion in the financial year ending March 2025.