POSCO Holdings invests USD 765 million in Mineral Resources lithium mine venture
PUBT·05/11/2026 05:29:17
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- POSCO Holdings signed a USD 765 million stake investment agreement with Australia-based Mineral Resources to form a new intermediate holding company.
- Transaction gives POSCO Holdings a 30% stake in entity holding joint venture interests in Wodgina and Mt. Marion lithium mines in Western Australia.
- Deal secures supply rights to 30% of lithium concentrate allocated to joint venture output from the two mines, supporting downstream battery materials processing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO Holdings Inc. published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.
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