PKX News and Press, POSCO From 09/28/22

Summary According to Ben Graham's value investment classic "The Intelligent Investor," the definition of a net-net is a company trading below its net working capital value. Warren Buffett re-coined the term, cigar butt, for having one puff left. Daily Journal Corporation ...

Summary Alpha’s exploration work has provided more information on the value of its properties. Its landholdings are in very close proximity to those of three major lithium producers. Alpha has been the subject of takeover talk in the past. Alpha Lithium Corpor...

Summary Lithium chemical and spodumene prices were higher the past month. China lithium carbonate spot passes CNY 500,000/t and along with lithium spodumene hits a new record high. Lithium market news - BMI: We need 74 new 45,000tpa LCE lithium mines (59 if include recycling) by 2...

POSCO Holdings to cooperate with Samsung Engineering, Lotte Chemical, Sarawak Economic Development Corporation Energy, and Malaysian Sarawak Energy for Green Hydrogen Business PR Newswire Signed an MOU on September 7 for the Sarawak H2biscus Green Hydrogen Pr...

POSCO Pohang Steelworks to resume producing semi-finished steel PR Newswire POSCO resumed the operation of the no. 4 and no. 2 blast furnaces as of September 12 : the entire blast furnaces of Pohang Steelworks are under normal operation. POSCO resumed the...

Summary The company reported Q3/FY2022 revenue ahead of expectations due to additional product revenue recognition from the recent settlement agreement with POSCO Energy. Margins in the core Generation segment continue to be impacted by management's failure to timely procure renew...

POSCO to promote normal operation of blast furnaces at Pohang Works around September 10 PR Newswire - The normalization of the Iron and Steel Making Substation is scheduled to be completed this morning… Target to complete power recovery by the 10 th - The ...

Summary POSCO presents a potential investment opportunity for investors to have industrials exposure in Asia. The company has stable financial performance and provides predictable dividend yield. There are some questions related to the impact of labor issues and currency probl...

Summary I am positive on POSCO's recent two corporate actions, namely the planned merger of two of its subsidiaries, and the cancellation of treasury shares. But my view of PKX's 2H 2022 outlook is negative, considering expectations of slower top line growth and a larger earnings ...

Summary Lithium chemical and spodumene prices were higher the past month. The lithium market is booming. Lithium market news - USA Inflation Reduction Act passed, supports EVs. IEA: Need 50 new average-sized lithium mines by 2030. Junior lithium miner company news - Frontier L...