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POSCO invests $817 million to acquire lithium assets in Australia, Argentina
The Wodgina lithium mine operated by Australian miner Mineral Resources (MinRes) in West Australia (Courtesy of POSCO Holdings) POSCO Holdings…
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Korea to overhaul steel industry, pledges $139 million in specialty steel R&D subsidies
Vice Trade Minister Moon Shin-hak (left) holds a roundtable meeting with steel executives on industry restructuring plans on Nov. 4,…
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POSCO signs partnership with Cleveland-Cliffs, likely to invest over $700 mn for 10% stake
POSCO Group Chairman Chang In-hwa delivers a speech at the APEC CEO Summit held at the Gyeongju Arts Center on…
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AWS, 6 other global giants pledge $9 bn Korean investment as Trump, Lee address APEC CEO Summit
Matt Garman, CEO of Amazon Web Services (AWS), gives a speech during the APEC CEO Summit at Gyeongju Art Center…
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US data analytics giant Palantir CEO meets with Korean tech chiefs behind curtain
KT CEO Kim Young-shub (left) and Palantir Technologies CEO Alex Karp shake hands at the AX Leader Summit in Seoul…
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POSCO, Tsingshan join forces to turn Indonesia into stainless hub
POSCO’s integrated steel plant in Indonesia, Krakatau POSCO. (Courtesy of POSCO) POSCO, South Korea’s largest steelmaker, will build a stainless…
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BlackRock nets 70% gain from Korean chip, financial stocks
The BlackRock logo is seen outside of its offices in New York City (Courtesy of Reuters via Yonhap) BlackRock Inc.…
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Samsung leads conglomerates in entry-level hiring for future growth
Samsung Electronics Executive Chairman Lee Jae-yong (Left) shakes hands with Korean students participating the WorldSkills Lyon 2024 in France in…
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South Korea moves to restructure steel sector as Chinese oversupply, quality Japanese products bite
POSCO’s steel mill at Gwangyang Steelworks South Korea is planning a sweeping restructuring of its steel industry, with government-backed plans…
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KDB recoups $664 mn in public funds from HMM’s buyback
Korea Development Bank’s heaquarters in Yeouido, Seoul The Korea Development Bank (KDB) has made its first recovery of public funds…
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POSCO tipped to become 1st Korean company to join Alaska LNG project
A glacier in Alaska POSCO International Corp. is tipped to become the first South Korean company to join the $45…
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POSCO eyes KDB’s $5 bn stake in HMM to enter shipping industry
Poultry processor Harim walked away from a $5 billion deal to buy HMM in early 2024 POSCO Group, South Korea’s…
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S.Korea’s US exports tumble in August as tariff shocks set in
Hyundai Motor vehicles for export are loaded onto a car carrier ship at a seaport in Ulsan, South Korea South…
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Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending
Samsung Electronics Chairman Jay Y. Lee (left) and SK Group Chairman Chey Tae-won (third from left) chat with US businessmen…
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French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
DIG Airgas facilities in Paju, Gyeonggi province (Courtesy of DIG Airgas) Air Liquide SA, a French multinational industrial gas and…
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POSCO, JSW to build 6 million-ton steel plant in India
POSCO’s No. 2 hot rolling mill at the Pohang Steel Works (Courtesy of POSCO) South Korea’s largest steelmaker POSCO Group…
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Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells
Posco Future M ships its first cathodes made with domestically sourced precursors to Ultium Cells to cut its reliance on…
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Investors dump Korean shares after tax reform; the won plunges
The Kospi ends at 3,119.41 after losing 3.9% on Aug. 1, 2025 Investors rushed to sell off South Korean stocks…
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Winners & Losers: S.Korean industries navigate uneven US tariff terrain
US President Donald Trump (center) poses for a photo with South Korean government officials after agreeing on a new tariff…
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POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant
Aramco’s Fadhili Gas Plant (Courtesy of POSCO) POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi…
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POSCO E&C wins $1.1 bn LNG terminal deal in Thailand
A front view of PTT LNG Terminal buit by POSCO E&C in Thailand in 2017 POSCO E&C Co., a South…
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POSCO inducted into World Steel Dynamics’ Hall of Fame
POSCO Group CEO Chang In-hwa receives a Hall of Fame plaque, styled like a baseball jersey, from World Steel Dynamics…
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Hyundai Steel to displace Baoshan as GM Korea’s supplier
Engineers inspect a rear roof panel made with Hyundai Steel’s carbon-reducing automotive steel sheet Hyundai Steel Co. is poised to…
