PKX

POSCO expands its LFP cathode business with a KRW 1.1 trillion SK On deal, targeting rising demand and broader battery material growth.

POSCO Holdings is evolving into a diversified 'triple-core' resource company, with lithium, gas, and trading arms now contributing meaningfully to profits. PKX trades at a 78.6% discount to sector median P/B, with a forward P/E of 8.99x and EV/EBITDA of 5.75x, reflecting deep undervaluation. Asset recycling funds growth in lithium and international steel, while anti-dumping tariffs and localization strategies protect and expand core earnings.

POSCO Holdings (PKX) remains a Buy, following my assessment of its latest corporate developments and 2H2026 prospects. PKX is accelerating subsidiary stake reductions, targeting ₩3.5T in total proceeds for reinvestment and shareholder returns. I project that 2H2026 operating profit will rise at least 30% YoY matching that of 2Q26, supported by steel pricing tailwinds, and improving lithium business profitability.

PKX is investing KRW 480 billion in a new Gwangyang plant to expand premium automotive steel capacity with AI, robotics and lower-carbon tech.

China's lithium carbonate spot prices and spodumene spot prices were significantly lower the past month. Lithium market news - China's biggest lithium mine (CATL's Jianxiawo Mine) loses its license and is back on care and maintenance. Why has Benchmark flipped 2027 lithium from Surplus to Deficit? Lithium miner news - Ganfeng Lithium swings to profit in H1 2026 as revenue nearly triples. Tianqi Lithium's profit surges 49-fold in H1 as revenue soars 153%.

Grupo Cibest, POSCO, Griffon and GPGI have been highlighted in this Industry Outlook article.

The Zacks Diversified Operations industry benefits from solid momentum in the manufacturing sector and aerospace and defense markets. CIB, PKX, GFF and GPGI are some notable stocks in the industry.

Unlock your portfolio value by investing in high earnings yield stocks like Ternium, Halozyme, POSCO and Talos Energy.

Australia's Santos said on ​Tuesday it had signed a liquefied natural ‌gas (LNG) supply agreement with POSCO Steel and a purchase agreement with Western LNG.

POSCO Holdings secures $700M in financing to support its Argentine lithium operations, strengthen liquidity and advance its Sal de Oro project.