POSCO (Pohang Iron and Steel Company)

OEM : Primary Metal

Website | Video

Pohang, South Korea

NYSE: PKX

With an annual capacity of 42 million tons of steel products, POSCO exports a wide range of steel products including hot rolled sheets, plate, wire rod, cold rolled sheets, galvanized sheets and stainless steel to 53 countries, earning worldwide recognition for its superb technology and excellent quality.

Assembly Line

Posco-backed group invests in lithium technology startup EnergyX

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: EnergyX, POSCO


A consortium led by South Korean conglomerate Posco Holdings is investing in lithium technology startup EnergyX as it considers more efficient ways to produce the battery metal for the green energy transition. The push to electrify the world’s economy has fueled a hunt for stable supplies of lithium and other critical minerals and drawn attention to so-far unproven direct lithium extraction (DLE) technologies being developed by EnergyX and its peers.

Read more at Reuters

POSCO, LG Electronics to jointly build smart factory

📅 Date:

✍️ Author: Jae-Fu Kim

🔖 Topics: Partnership

🏢 Organizations: POSCO, LG


POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO’s smart factory technology. The initiative will involve the integration of robotics, artificial intelligence (AI) and wireless communication technologies.

Under the agreement, both companies will jointly develop technology to conduct safety inspections and manage facilities in steel mills. This initiative will employ autonomous robots integrated with AI, enabling operations in areas that are challenging for human accessibility.

Read more at Korea Economic Daily