POSCO Future M Posts 51.8 Billion Won Q4 Operating Loss, Missing Estimates
POSCO Future M reported a fourth-quarter operating loss of 51.8 billion won, falling short of market expectations and highlighting ongoing challenges in South Korea's battery materials sector.
LS Group is ramping up strategic partnerships with partner firms, launching joint growth initiatives and investments totaling 1.8 trillion won ($1.35 billion) to foster co-prosperity, boost regional economies, and localize battery materials amid global uncertainty.
#YonhapInfomax #LSGroup #StrategicPartnerships #CoProsperity #BatteryMaterials #SmartFactorySupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90692
LS Group Lays Foundation for Mutual Growth Amid Crisis—'Strategic Partnerships to Drive Co-Prosperity'
LS Group is ramping up strategic partnerships with partner firms, launching joint growth initiatives and investments totaling 1.8 trillion won ($1.35 billion) to foster co-prosperity, boost regional economies, and localize battery materials amid global uncertainty.
POSCO to Invest 1.1 Trillion Won in Lithium Resources—Acquires 30% Stake in Australian Firm (Update)
POSCO Holdings will invest 1.1 trillion won ($765 million) to acquire a 30% stake in a new Australian lithium venture, strengthening its battery materials supply chain and global competitiveness.
POSCO to Invest 1.1 Trillion Won in Lithium Resources—Acquires 30% Stake in Australian Firm
POSCO commits 1.1 trillion won to secure lithium resources, acquiring a 30% stake in an Australian company to strengthen its battery materials supply chain.
HS Hyosung Group has acquired Umicore's battery anode subsidiary EMM for €120 million, marking its entry into the silicon anode materials market and planning KRW 1.5 trillion investment in large-scale production.
#YonhapInfomax #HSHyosung #Umicore #SiliconAnode #MergersAndAcquisitions #BatteryMaterials #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88908
HS Hyosung Enters Silicon Anode Materials Business with KRW 200 Billion M&A Deal
HS Hyosung Group has acquired Umicore's battery anode subsidiary EMM for €120 million, marking its entry into the silicon anode materials market and planning KRW 1.5 trillion investment in large-scale production.
POSCO Future M Q3 Operating Profit Reaches 66.7 Billion Won, Exceeding Market Expectations
POSCO Future M posts Q3 operating profit of 66.7 billion won, surpassing analyst forecasts and signaling robust performance in South Korea's battery materials sector.
Trump DOE confirms it’s canceling over $700M in manufacturing grants
Over the past few weeks, the Department of Energy has been looking at canceling billions of dollars’ worth…
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https://www.newsbeep.com/198718/
POSCO International has begun developing Tanzania’s Mahenge graphite mine, securing a 25-year supply of 60,000 tons annually to boost battery material self-sufficiency and strengthen global supply chains.
#YonhapInfomax #POSCOInternational #GraphiteMine #BatteryMaterials #SupplyChain #BlackRockMining #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84930
POSCO International Launches Development of Tanzania Graphite Mine with Annual Output of 60,000 Tons—Boosts Battery Material Self-Sufficiency
POSCO International has begun developing Tanzania’s Mahenge graphite mine, securing a 25-year supply of 60,000 tons annually to boost battery material self-sufficiency and strengthen global supply chains.
LS Corp. and L&F Co., Ltd. have completed a KRW 1 trillion ($730 million) precursor plant in Saemangeum, aiming to reduce China reliance and boost South Korea’s battery supply chain leadership.
#YonhapInfomax #LSCorp #LFCoLtd #PrecursorPlant #Saemangeum #BatteryMaterials #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84128
LS-L&F Complete KRW 1 Trillion Precursor Plant in Saemangeum
LS Corp. and L&F Co., Ltd. have completed a KRW 1 trillion ($730 million) precursor plant in Saemangeum, aiming to reduce China reliance and boost South Korea’s battery supply chain leadership.
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