Posco Holdings' regulatory filing on Thursday showed a drop of 25 percent in the first quarter of this year compared to last.
New Posco Group Chairman Chang In-hwa announced a seven-strategy plan to reduces costs that includes executives returning 20 percent of their salary.
Posco Holdings has sent out the first batch of domestically produced EV battery materials with the shipment of lithium hydroxide to a client.
Freshly appointed Posco Holdings Chairman Chang In-hwa pledged to never be passive with investments in the battery materials business despite slowing global EV sales.
호주 제련 기업 QPM (Queensland Pacific Metals)이 LG에너지솔루션과 포스코홀딩스에 니켈과 코발트를 공급하기로 한 계획이 3년가량 미뤄졌다. 이르면 2026년께 공급을 시작할 예정이다.
Posco International secured $917 million worth of EV materials deals with U.S. and European automakers to supply permanent magnets.
Queensland Pacific Metals CEO Stephan Grocott told the JoongAng Daily in an interview that the delay is no cause for concern.
Posco Future M plans to reduce its reliance on Chinese graphite by sourcing the material from Africa's Mozambique Balma operation via a deal with Australia's Syrah Resources.
As international society’s push for decarbonization gains momentum and the demand for low carbon products rises, Posco has decided to take the lead in transitioning to a low carbon production system.
New factories producing a key EV component are part of the company's plans to claim 10 percent of the market by 2030.
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