Posco Stock News

POSCO Holdings Inc. (NYSE:PKX ) Q3 2022 Earnings Conference Call October 24, 2022 3:00 AM ET Company Participants Han Young-Ah - Head of IR team, SVP Lee Kyung-Seop - Head of the LiB Materials Busines

I am positive on POSCO's recent two corporate actions, namely the planned merger of two of its subsidiaries, and the cancellation of treasury shares. But my view of PKX's 2H 2022 outlook is negative,

POSCO Holdings Inc. (NYSE:PKX ) Q2 2022 Earnings Conference Call July 21, 2022 3:00 AM ET Company Participants Chon Jung-Son - Representative Director & Senior Executive Vice President, Head of Corpor

Charlie Munger, the vice chairman of Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) and Warren Buffett's trusted lieutenant, on Friday disclosed the holdings of his publishing company Daily Jour

POSCO's core steel business faces headwinds in both the short-term and long-term. But PKX expects the non-steel businesses to account for half of the company's operating profit by 2030, with the new h

FuelCell Energy Inc (NASDAQ: FCEL) price target has been lowered to $3 (a downside of 19%) from $6 by Craig-Hallum analyst Eric Stine. The analyst maintained the Hold rating on the shares. Stine

POSCO Holdings Inc. (NYSE:PKX ) Q1 2022 Earnings Conference Call April 25, 2022 1:00 AM ET Company Participants Chon Jung-Son - Representative Director & Senior Executive Vice President, Head of Corpo

POSCO management is pursuing an ambitious growth plan that would see the steel operations shrink to around half of total company revenue while generating significant growth from batteries and hydrogen

South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the company seeks to tap into soaring demand for the key rechargeable battery me

U.S. automotive giant General Motors (GM) and South Korea''s Posco Chemical have announced plans to build a plant in Quebec that will produce the materials needed for electric vehicle (EV) batteries. The companies said the new facility, to be based in Becancour, Quebec, will cost $400 million U.S. It will produce cathode active materials (CAM) for GM’s Ultium EV batteries and will be a standalone factory. The materials developed in Quebec will be moved to Ultium plants in the U.S. where the battery cells will then be made by General Motors and Posco Chemical. General Motors said in a news release that CAM consists of processed nickel, lithium and other materials, and will ultimately help power electric vehicles such as the Chevrolet Silverado EV and GMC Hummer EV. CAM represents almost 40% of the cost of every electric vehicle battery. Site preparation and construction are scheduled to begin immediately and will create around 200 jobs in Quebec. The Quebec announcement comes after GM and Posco agreed to form a CAM processing joint venture last December and build a factory in North America.

(Kitco News) - Today, US automaker General Motors and South Korea’s POSCO Chemical announced that they are working with the governments of Canada and Quebec to build a new battery materials facility in Bécancour, Quebec, estimated at $400 million (C$500 million).

General Motors Canada''s David Paterson tells Electric Autonomy Canada exclusively what GM''s new facility in Bécancour Industrial Park, slated to begin operation in 2025, will mean for the company and for Canada''s EV battery supply chain The post GM, Posco to build $500-million Canadian cathode active material factory in Quebec to supply Ultium battery factories appeared first on Electric Autonomy Canada .

The companies say the new facility in Becancour, Que., will cost US$400 million. It will produce cathode active materials (CAM) for GM''s Ultium batteries.

General Motors Co. ( GM , Financial) said on Monday that, together with South Korean chemical maker POSCO Chemical Ltd. ( XKRX:003670 , Financial), it is working with the governments of Canada and Que

(Reuters) -General Motors Co and South Korea's POSCO Chemical will build a $400 million facility to produce battery materials in Canada as the carmaker ramps up plans to produce mainly electric vehicl