POSCO International and Mongolian energy company Newcom signed a $100 million MOU for energy transition projects in Mongolia, focusing on district heating using heat pump technology to combat severe winter air pollution.
POSCO International announced the completion of post-merger integration for its acquired Indonesian palm company, Sampoerna Agro. The launch of its Indonesian palm subsidiary, PT.PAR, marks the establishment of a three-entity system for its palm business, encompassing cultivation, seed development, and refining.
Posco International and US-based ReElement Technologies have signed an agreement to establish a joint venture for rare earth separation and purification in the United States. The companies plan to jointly invest $200 million to build a facility with an annual production capacity of 6,000 tons, aiming for official mass production by 2028.
South Korea's Hana Financial, POSCO International and Upbit operator Dunamu have moved their blockchain remittance system into live trade transactions.
