On the 25th, POSCO Holdings stated at the Q2 earnings briefing that it is considering entering the new materials business by focusing on future materials related to mobility, eco-friendly energy, and power infrastructure sectors.



POSCO Holdings explained, "We are reviewing new materials businesses that can create synergy with existing steel and secondary battery materials sectors and establish themselves as new industries."

[Concall] POSCO Holdings "Reviewing Future Mobility and Power Infrastructure New Material Business" View original image

At the town hall meeting on the 1st, POSCO Holdings Chairman Jang In-hwa expressed his ambition, saying, "With steel, secondary battery materials, and new materials as the pillars, we aim to double the group's combined sales and quadruple operating profit by 2030, and to leap forward as a global top-tier company with the highest corporate value in the materials sector, targeting a combined group market capitalization of 200 trillion won."


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