SEOUL, Dec. 18 (Korea Bizwire) – POSCO E&C is actively championing the significance of bees in safeguarding the global environment. In support of this cause, the company has crafted a series of animated videos addressing the critical issues of bee extinction and the severity of the garbage problem. Titled “Green Earth Guard Eco-Ranger,” the animated series, [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korean steel company POSCO Holdings Inc. said Tuesday it plans to build an industrial gas production facility at a secondary battery complex in the country’s southeastern port city of Pohang. The company plans to invest 100 billion won (US$76.3 million) in the 16,500-square-meter facility, with an annual production [...]
SEOUL, Nov. 29 (Korea Bizwire) — South Korean steel titan POSCO Group completed its first domestic lithium hydroxide factory on the country’s south coast Wednesday in a bid to bolster its battery business, the group said. The plant, located in an industrial complex in Suncheon, about 290 kilometers south of Seoul, can turn out 21,500 [...]
SEOUL, Nov. 16 (Korea Bizwire) – POSCO International is venturing into Ukraine’s postwar reconstruction, commencing with the establishment of a modular plant. The announcement came on Wednesday when CEO Jeong Tak signed a Memorandum of Understanding (MOU) with Governor Vitalii Kim of the Mykolaiv region for the construction of a modular building production facility. Modular construction [...]
SEOUL, Nov. 8 (Korea Bizwire) — POSCO Holdings Inc., South Korea’s top steelmaker, said Wednesday it signed a tentative agreement for a project involving lithium extraction from oil-field brine in Canada’s western province of Alberta. Under the memorandum of understanding with Invest Alberta Corporation (IAC) signed in Seoul, POSCO plans to pursue the project for [...]
SEOUL, Oct. 19 (Korea Bizwire) –South Korea’s top steelmaker POSCO Holdings Inc. said Thursday it has completed a galvanized steel sheet plant for automotive structural parts in northeastern China. The factory located in Tangshan, some 100 kilometers east of the Chinese capital Beijing, has an annual capacity of 450,000 tons, POSCO Holdings said. In [...]
SEOUL, Oct. 10 (Korea Bizwire) — South Korean steel giant POSCO Holdings Inc. said Tuesday it has received 85 billion won (US$63.2 million) in third-quarter dividends from an Australian iron ore company. The receipt follows a recent decision by the board of Australia’s Roy Hill Holdings to pay AU$800 million (US$514 million) in total third-quarter [...]
POSCO is connecting with younger audiences by creating unique content, “Fantasteel – The Beginning of the New Iron Age,” in partnership with Nexon’s online game “Wars of Pracia”. SEOUL, Oct. 9 (Korea Bizwire) – Businesses in the so-called ‘junghujangdae’ industries, unfamiliar to the general public, are striving to craft a friendly image by creating compelling [...]
SEOUL, Sept. 26 (Korea Bizwire) — POSCO International Corp. said Tuesday it has signed a preliminary agreement with a U.S. grain company to push for a joint venture and other related investment in the grain supply. The joint venture framework agreement, signed with Bartlett and Company, commit the two companies to establishing a joint venture [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean steelmaker POSCO is currently facing its first labor strike crisis since its foundation. The labor union at POSCO, which is affiliated with the Korean Metal Workers’ Union under the Federation of Korean Trade Unions umbrella, will hold an inaugural ceremony for its Dispute Countermeasures Committee at the [...]