Posco Mining News

POSCO posts highest quarterly profit since 2011 on strong steel prices

POSCO's revenue in Q3 rose 9.1% from a year earlier to 16.4 trillion won, beating the analysts' estimate of 16 trillion won.

POSCO to buy lithium mining rights in Argentina from Galaxy

The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.

S.Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

POSCO was privatised in 2000, but chief executives have previously been replaced when a new administration takes office.