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27 stories found

Cleveland-Cliffs Stock Drops on Q1 Energy Costs, Strategic Doubts
BusinessYahooseeking-alpha11h ago2 sources

Cleveland-Cliffs Stock Drops on Q1 Energy Costs, Strategic Doubts

Cleveland-Cliffs' stock experienced a decline despite the company reporting a narrower-than-expected loss for its first quarter. The drop was attributed to an $80 million energy cost and renewed strategic uncertainties, including the company stating it is no longer in a hurry regarding a potential deal with Posco.

Volvo CE and Posco Partner for Construction Machinery Development
BusinessKorea Herald14d ago

Volvo CE and Posco Partner for Construction Machinery Development

Volvo Construction Equipment and Posco have signed a memorandum of understanding to collaborate on developing core materials and technologies for carbon-neutral construction machinery. The agreement was signed at Volvo’s plant in Changwon, South Gyeongsang Province.

Posco Uses Steel Technology for Tactile Art Access
TechnologyKorea Herald27d ago

Posco Uses Steel Technology for Tactile Art Access

Posco Group's nonprofit arm, the Posco 1% Foundation, donated tactile exhibition installations to the National Museum of Korea in February, utilizing its steel technology to enhance art accessibility for the visually impaired.

Posco Future M, Sila partner on next-generation battery materials
TechnologyKorea Herald1mo ago

Posco Future M, Sila partner on next-generation battery materials

Posco Future M said Friday it has signed a memorandum of understanding with US battery materials firm Sila to jointly develop next-generation battery materials aimed at extending battery lifespan. The agreement was signed Wednesday in Seoul, with Hong Young-jun, head of Posco Future M’s R&D center, and Gleb Yushin, founder and chief technology officer of Sila, attending the ceremony. Under the partnership, Posco Future M will combine its expertise in cathode, anode and carbon materials with Sila

POSCO Future M Secures 1 Trillion-Won EV Battery Anode Supply Deal
BusinessKorea Heraldyonhap-english1mo ago2 sources

POSCO Future M Secures 1 Trillion-Won EV Battery Anode Supply Deal

POSCO Future M has secured a significant 1 trillion-won deal to supply electric vehicle battery anode materials to a global automaker, marking its largest contract since entering the business in 2011. This contract highlights the company's crucial role in the electric vehicle supply chain and its expanding partnerships in the automotive industry.