POSCO Increases Investments in the Cathode Materials Business

On February 10, POSCO CEO Ohjoon Kwon visited POSCO ESM’s (POSCO Energy Storage Materials) cathode materials factory located in Gumi, South Korea, to

POSCO Opens its First Lithium Production Plant for Battery Manufacturing

On February 7, POSCO held a ceremony to celebrate the completion of its lithium extraction plant (PosLX). The PosLX Plant is expected to produce 2,500 tons of

Could Steel Scrap be the Battery of the Future?

In the United States alone, 67 million metric tons of ferrous scrap was processed by the scrap recycling industry in 2015, according to the Institute of Scrap

How Material Technology Drives Electric Vehicle (EV)

This year, electric vehicles (EV) are driving the automotive industry. When Tesla unveiled the Model 3, its low-priced EV, to promote sales, about 370,000 cars

Lithium Rocks: POSCO at Forefront of a Green Energy Future

Lithium is considered by many analysts to be the hottest commodity on the planet. Goldman Sachs called it the “new gasoline” and predicted demand for the soft

POSCO Starts 2016 with Exciting News from Around the World

POSCO may be based in South Korea, but its businesses reach out all over the world. Already in 2016, we’ve enjoyed major news stories in the United States,

POSCO Expands Lithium Manufacturing Business

POSCO held a groundbreaking ceremony for its commercial lithium processing plant in Salta, Argentina on February 14 (local time), which was attended by about

Increase in Rate of Business Profit for the First Quarter Led by Success of WP Products

The company held an Investor Relations meeting on April 21, where it announced that it had recorded 15.1 trillion won in sales revenue and 731 billion won in

What Makes the Car of the Future?

Could the next generation of drivers have an iCar sitting in their driveway? The future of the car market is heating up, with Apple recently rumored to be

New Year’s message from CEO

Dear my beloved POSCO Family! The year 2015 has dawned on us.  On behalf of POSCO, I am delighted to be able to welcome the New Year with Daewoo