Announced the ‘Triple-core’ strategy and vision to become a ‘Representative Supplier of Core Resources for the Nation’ at the ‘CEO Investor Day’ on July 2.
With proven profitability and growth potential in the lithium sector, proactive investments will propel POSCO into a Global Top 5 lithium company by 2033.
For the steel sector, growth investments in promising overseas markets will begin in earnest, with returns reinvested into the domestic low-carbon transition.
The energy sector will contribute to national energy security by expanding LNG trading and entering the renewable energy market.
To resolve the holding company discount, the ownership stakes in listed operating subsidiaries will be optimized.
POSCO Group announced a new future growth strategy aimed at restructuring its business portfolio around resources, extending beyond steel to include lithium and energy, thereby contributing to national industrial security and strengthening the supply chain.
On July 2, POSCO Group hosted its ‘CEO Investor Day’, where it unveiled its vision to become a ‘Representative Supplier of Core Resources for the Nation’ by establishing a ‘Triple-core’ framework encompassing Industrial Resources (Steel), Strategic Resources (Lithium, Cathode and Anode Materials, Rare Earths, etc.), and Energy Resources (LNG, Renewable Energy).
Standing before investors, Chang In-Hwa, CEO of POSCO HOLDINGS, emphasized, “At a time when external uncertainties are intensifying due to supply chain instability and the acceleration of the low-carbon transition, we must seize this moment to create new growth opportunities through bold innovations in our business portfolio.” He added, “By expanding our business domain from steel and materials into resources, we will lead the way in strengthening national industrial security and supply chains.” He also presented concrete targets of achieving consolidated revenue of KRW 187 trillion and operating profit of KRW 13.1 trillion by 2035.
Strategic resources, led by lithium, received the most attention. Investor interest was highly concentrated as the lithium business demonstrated tangible results and its growth potential became evident.
POSCO Group unveiled a blueprint to establish an annual lithium production capacity of 173,000 tons by 2033, positioning itself as a Global Top 5 lithium company, while targeting operating profit of more than KRW 1.8 trillion from the lithium business by 2035..
Specifically, in the brine lithium business, POSCO Argentina turned profitable last March and recently secured approval under the Argentine government’s Incentive Regime for Large Investments (RIGI), which is expected to further strengthen its profitability. With the goal of achieving an annual brine lithium production capacity of 100,000 tons by 2033, the company will also accelerate Phase 3 and Phase 4 investments.
In the ore lithium business, a joint venture agreement with Australia’s Mineral Resources Limited has laid the foundation for expanding the refining business, securing more than 187,000 tons of lithium concentrate annually. This is also expected to generate stable annual revenue of approximately KRW 200 billion.
POSCO Group also plans to foster rare earths, key minerals for the electric vehicle and robotics industries, as well as rare and specialty gases essential for advanced industries, as strategic resources. These businesses will serve as new growth engines while helping stabilize supply chains for the nation’s future industries. In the steel business, representing its Industrial Resources segment, the Group will accelerate overseas growth investments to overcome stagnant domestic demand. By 2031, it plans to expand production capacity to 10 million tons in high-growth, high-profitability markets such as India, the United States, and Indonesia. Profits generated from these investments will be reinvested in Korea’s low-carbon transition, creating a virtuous cycle.
The energy resources business, now established as one of the Group’s core businesses, will focus on securing both profitability and sustainability. In LNG, POSCO Group will steadily execute expansion strategies across the value chain while expanding trading volumes in response to the recent increase in global cargo movements. In renewable energy, the Group will actively enter Korea’s offshore wind market and overseas solar power markets, contributing to national energy security.
In the new business sector, POSCO Group will promote the commercialization of Physical AI for process industries by leveraging its extensive on-site data and expertise in facility automation and intelligent operations accumulated through its steel business.
To accelerate the execution of this business portfolio transformation, POSCO Group plans to invest KRW 16.7 trillion in future growth initiatives over the next three years (2026–2028).
Meanwhile, POSCO HOLDINGS plans to optimize its ownership stakes in listed subsidiaries to around 50% in order to address the persistent holding company discount in the market. The capital secured through this initiative will be invested primarily in strategic resource projects directly managed by POSCO HOLDINGS to support the Group’s future growth. In addition, an amount equivalent to 10% of the proceeds from these transactions will be used for share buybacks and cancellations to maximize shareholder value.
Following the event in Korea, POSCO Group will continue to enhance corporate value and strengthen investor communication by hosting consecutive CEO Investor Days in Singapore on July 6 and Hong Kong on July 8.
▲ Chang In-Hwa, CEO of POSCO HOLDINGS, personally presents the Group’s business portfolio strategy at the ‘CEO Investor Day’ held on July 2.
▲ Chang In-Hwa, CEO of POSCO HOLDINGS, personally presents the Group’s business portfolio strategy at the ‘CEO Investor Day’ held on July 2.
▲ Chang In-Hwa, CEO of POSCO HOLDINGS, personally presents the Group’s business portfolio strategy at the ‘CEO Investor Day’ held on July 2.