ReElement Technologies has signed a long-term supply agreement with POSCO International America, in a move aimed at boosting U.S. refining capacity for rare earth elements and tightening cooperation with South Korea.
Posco (PKX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
I maintain my Buy rating on POSCO Holdings, after identifying favorable developments within and outside the firm. China has been cutting production of certain key commodities, which is a major positive for PKX's lithium/steel divisions from a supply rebalancing angle. POSCO is proactively reshaping its operations to enhance future profitability, and this is evidenced by its 2Q2025 EBIT margin beat.
PKX's subsidiary partners with CNGR and FINO to build an LFP cathode plant, targeting growth in the booming energy storage systems market.
PKX and JSW Steel team up for a proposed 50:50 joint venture to explore a 6 MTPA integrated steel plant in India, eyeing Odisha as a preferred site.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
JSW Steel and South Korea's POSCO have entered a deal to explore setting up an integrated steel plant in India, the country's largest steelmaker by market capitalisation said on Monday.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PKX's unit signs a graphite anode supply deal with a battery firm from Japan, deepening its EV battery push.
PKX wins KRW 1.5T Thai LNG terminal deal, outbidding global rivals with proven design and build expertise.
PKX plans a lithium brine pilot plant in Utah with Anson Resources to expand its EV battery supply chain and reduce its reliance on China.
I maintain my Buy rating on POSCO Holdings, driven by new re-rating triggers. Anti-dumping measures in South Korea should boost PKX's financial outlook and support steel price increases. Government reforms will compel the Company to enhance shareholder returns through a faster rate of treasury stock cancellation and lift ROIC through value-accretive capital allocation.