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POSCO INTERNATIONAL
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POSCO INTERNATIONAL Develops Rare Earth Supply Chain to Complete Full Value Chain
-Partnered with POSCO INVESTMENT, launching its inaugural Corporate Venture Capital (CVC) fund, valued at KRW 25 billion -Selected a specialist in rare earth separation and refining as its first investment target, committing KRW 8 billion -Secured raw material sources in Southeast Asia, including Malaysia and Laos for a production foundation with an annual capacity of 4,500 tons -Plans to establish a joint plant with U.S.-based ReElement to complete a North American production system for rare earths/permanent magnets/traction motor cores by 2028
2026.03.23
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POSCO INTERNATIONAL Acquired Major Indonesian Palm Company and Completed Refinery, Completing Full Value Chain from Development of Palm Seed to Production of Biofuel Feedstock
-On the 19th, the company secured management control of Sampoerna Agro in Indonesia, adding 128,000 hectares of palm plantations and achieving stable entry into the global palm market through a total investment of approximately KRW 1.3 trillion -On the same day, the company completed construction of a palm oil refinery on East Kalimantan Island with an annual capacity of 500,000 tons, in partnership with GS Caltex -Since Chairman Jang In-Hwa took office, the group has accelerated efforts to secure future growth businesses while also contributing to strengthening national food security
2025.11.20
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POSCO INTERNATIONAL Strengthens Its Partnership for Energy Mix Transition with Equinor of Norway
-Expands cooperation across energy value chain―including offshore wind co-development, steel supply, and LNG -Solidified relationship since 2023 MOU… Strengthens specific business opportunities and execution -Accelerates the expansion of renewable energy portfolio and response to low-carbon transition by integrating group capabilities
2025.10.29
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POSCO INTERNATIONAL, First Korean Company to Implement Blockchain Payment
-Uses JPMorgan Kinexys network, enabling real-time processing of 40,000 annual trade remittances -Real-time payment system expected to enhance fund management efficiency and strengthen risk management capabilities
2025.10.21
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POSCO INTERNATIONAL Begins Full-Scale Development of Tanzania’s Mahenge Graphite Mine, World’s Second-Largest Reserve
-Commercial production starting in 2028, expected to supply 60,000 tons of natural graphite annually for about 25 years -Aims to strengthen POSCO Group’s secondary battery business and enhance the supply chain for mineral security in Korea
2025.10.10
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