POSCO Holdings (005490) Investor Day 2026 summary

Strategic transformation and portfolio evolution

• Expanding from steel to lithium, energy, and critical materials to drive future growth and industrial security.

• Triple-Core Portfolio strategy balances industrial, strategic, and energy resources for stability and growth.

• Overseas investments in India, USA, and Indonesia target high-growth steel markets and decarbonization.

• Diversification into LNG, renewables, and next-generation energy to boost self-sufficiency and sustainability.

• New business engines include AI-driven automation, advanced mobility materials, and recycling.

Lithium and critical materials expansion

• Targeting 173Ktpa lithium production by 2033, aiming for top 5 global supplier status.

• Early investment in Argentina brine and Australian ore projects, leveraging government incentives and JV partnerships.

• Commercial-scale Direct Lithium Extraction (DLE) demo plant in the US to diversify resource base.

• Expanding rare earths and specialty gases supply chains for EV, robotics, and advanced industries.

• Recycling capacity to reach 72Ktpa black mass by 2035, supporting circular economy goals.

Steel business innovation and decarbonization

• Overseas crude steel production to reach 10Mtpa by 2031, focusing on high-margin markets.

• Technology-driven cost and product innovation, with emphasis on carbon-reduced processes and HyREX demo plant.

• Specialized steel development for AI, power, defense, and new mobility sectors.

• Strategic partnerships and R&D to advance hydrogen-reduction ironmaking and autonomous manufacturing.

• Quality growth in domestic market by targeting AI, data centers, and power infrastructure demand.