POSCO Holdings Invests KRW 1.1 Trillion to Secure Global Lithium Resources

Reuters

Nov 14

POSCO Holdings Invests KRW 1.1 Trillion to Secure Global Lithium Resources

POSCO Holdings Inc. has announced a significant expansion in its lithium business, investing a total of KRW 1.1 trillion to secure high-quality lithium resources in Australia and Argentina. The company will acquire a 30% stake in a newly established intermediate holding company of Mineral Resources, a leading Australian mining company, for approximately USD 765 million. This move is part of POSCO's strategy to strengthen its raw material competitiveness in secondary battery materials and diversify the global lithium supply chain. The investments focus on the Wodgina and Mt. Marion lithium mines in Western Australia and the Hombre Muerto lithium brine deposit in Argentina. POSCO aims to solidify its position as a global leader in the lithium sector, contributing to the localization of secondary battery materials and supporting national economic and industrial competitiveness.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO Holdings Inc. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO Holdings Inc. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7504","symbol_name":"锂钴概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nNDL91tCbN:1","article_id":"2583238095","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583238095","pubTimestamp":1763093304,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"POSCO Holdings Inc. has announced a significant expansion in its lithium business, investing a total of KRW 1.1 trillion to secure high-quality lithium resources in Australia and Argentina. The company will acquire a 30% stake in a newly established intermediate holding company of Mineral Resources, a leading Australian mining company, for approximately USD 765 million. This move is part of POSCO's strategy to strengthen its raw material competitiveness in secondary battery materials and diversify the global lithium supply chain. The investments focus on the Wodgina and Mt. Marion lithium mines in Western Australia and the Hombre Muerto lithium brine deposit in Argentina. POSCO aims to solidify its position as a global leader in the lithium sector, contributing to the localization of secondary battery materials and supporting national economic and industrial competitiveness.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While P","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7504":"锂钴概念","BK7095":"多种金属与采矿","GL1.AU":"Global Lithium Resources Limited"},"translate_title":"浦项制铁控股投资1.1万亿韩元获取全球锂资源","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GL1.AU":0.9},"content_text":"POSCO Holdings Invests KRW 1.1 Trillion to Secure Global Lithium Resources\n    \n\n        POSCO Holdings Inc. has announced a significant expansion in its lithium business, investing a total of KRW 1.1 trillion to secure high-quality lithium resources in Australia and Argentina. The company will acquire a 30% stake in a newly established intermediate holding company of Mineral Resources, a leading Australian mining company, for approximately USD 765 million. This move is part of POSCO's strategy to strengthen its raw material competitiveness in secondary battery materials and diversify the global lithium supply chain. 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