Core Insights - POSCO Holdings Inc.'s POSCO Future M is focusing on lithium iron phosphate (LFP) cathode materials through a joint venture with CNGR and its Korean subsidiary, FINO, to construct an LFP cathode material plant [1][8] - The construction of the LFP cathode material plant at Pohang's Yeongil Bay General Industrial Complex is set to begin in 2026, with mass production expected to start in 2027 and an initial capacity of up to 50,000 tons annually [2][8] - The company aims to establish a comprehensive LFP cathode material business while enhancing collaboration with CNGR and FINO in production, technology, and marketing [3][8] Production Plans - POSCO Future M plans to convert parts of its existing high-nickel production lines at the Pohang plant to LFP production, allowing for earlier market entry with supplies expected in the second half of 2026 [4][8] Market Context - LFP batteries, while offering lower output than ternary batteries, are gaining popularity due to their cost-effectiveness and longer lifespan, particularly in energy storage systems (ESS) and entry-level electric vehicles [3]

Highlights: Anson and POSCO have made strong technical and commercial progress on cooperation at the Green River DLE Demonstration Plant, with workstreams advancing positively across all review areas. Cooperation between the parties has strengthened through detailed engineering assessments and senior-level engagement, supporting POSCO's ongoing evaluation of the project. ...

Core Insights - POSCO Holdings Inc.'s unit, POSCO International Corporation, has formed a strategic partnership with Glenfarne Alaska LNG, LLC for the Alaska LNG Project, the only federally authorized LNG export project on the U.S. Pacific Coast [2][9] - The partnership includes a significant steel supply for the 807-mile natural gas pipeline and a 20-year Heads of Agreement for 1 million tons per annum of LNG on a Free-on-Board basis, marking the first HOA for the project [3][9] - POSCO's pre-FID capital investment and the regional support for a sustainable LNG source highlight the project's potential [4][9] Company Developments - Glenfarne is developing the Alaska LNG Project in two phases: the first phase focuses on an in-state pipeline for domestic energy needs, while the second phase will add an LNG terminal capable of exporting 20 million tons per annum [5] - Glenfarne has secured preliminary commercial commitments for 11 million tons per annum of LNG from buyers in Japan, Korea, Taiwan, and Thailand, including major companies like Tokyo Gas and JERA [4] Market Performance - PKX's shares have increased by 13.7% over the past year, while the industry has seen a growth of 26.9% [7]

WASHINGTON--(BUSINESS WIRE)--Alaska LNG and POSCO International announce they have signed definitive agreements finalizing their strategic partnership. ...

Core Insights - POSCO Holdings Inc.'s unit POSCO Future M and Factorial Inc. have signed a Memorandum of Understanding (MOU) to collaborate on the development of all-solid-state battery materials, aiming to enhance next-generation industries such as electric vehicles and energy storage systems [1][9] Partnership Details - The partnership emerged after Factorial evaluated cathode material samples from various suppliers, with POSCO Future M's materials showing strong rate capability [2] - The collaboration will focus on developing materials for all-solid-state batteries that utilize solid electrolytes, which offer improved safety, higher energy density, and better charging performance compared to traditional lithium-ion batteries [3][9] Research and Development - POSCO Future M is actively engaged in R&D for cathode materials and silicon anode materials, while the broader POSCO Group is researching lithium metal anodes and sulfide-based solid electrolytes [4] - Factorial is also conducting pilot manufacturing operations in South Korea [4] Strategic Goals - POSCO Future M intends to utilize POSCO Holdings N.EX.T Hub to expedite the development of next-generation mobility materials, focusing on innovation, supply chain enhancement, and cost reduction [5] Market Performance - PKX's shares have increased by 14.9% over the past year, while the industry has seen a growth of 23.7% [7]

Core Insights - POSCO Future M and Factorial Inc. signed a Memorandum of Understanding (MOU) to develop all-solid-state battery technology, aiming to enhance competitiveness in the battery materials sector [1] - The collaboration focuses on developing materials for all-solid-state batteries, which offer higher safety, superior energy density, and excellent charging performance compared to conventional lithium-ion batteries [1] - Factorial's testing of POSCO Future M's cathode material samples showed good rate capability, leading to the MOU signing [1] Company Overview - POSCO Future M is a Korea-based battery materials supplier, producing both cathode and anode materials, and supplying to global customers like Ultium Cells and LG Energy Solution [1] - The company is engaged in R&D for cathode materials for all-solid-state batteries and silicon anode materials, while also exploring lithium metal anode materials and sulfide-based solid electrolytes [1] - Factorial, headquartered in the USA, specializes in solid-state battery development, offering alternatives to traditional lithium-ion technologies with its proprietary FEST® and Solstice™ platforms [1] Strategic Goals - The MOU aims to create synergies in the all-solid-state battery business, leveraging Factorial's technology and market presence alongside POSCO Future M's material capabilities [1] - POSCO Future M plans to build a diverse product portfolio for electric vehicles, focusing on customized solutions through continuous R&D [1] - Factorial's partnerships with global automotive leaders like Mercedes-Benz and Hyundai Motor Company highlight its strategic positioning in the market [1]

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Core Insights - The article emphasizes the focus on value investing in Asia, particularly in Hong Kong, targeting stocks with significant discrepancies between market price and intrinsic value [1] - It highlights two main categories of investment opportunities: deep value balance sheet bargains and wide moat stocks, which are characterized by their strong competitive advantages [1] Group 1: Investment Strategy - The research service aims to identify deep value stocks, such as net cash stocks and low price-to-book (P/B) ratio stocks, which are available at a discount [1] - It also seeks wide moat stocks, which are high-quality businesses with sustainable competitive advantages, often referred to as "Magic Formula" stocks [1] - Monthly updates and watch lists are provided to keep investors informed about potential investment opportunities [1] Group 2: Market Focus - The primary focus is on the Asian equity market, with a particular emphasis on Hong Kong-listed stocks [1] - The service is designed for value investors looking for unique investment opportunities in the region [1]

Key Takeaways POSCO gained control of Sampoerna Agro, expanding its palm plantation footprint by 128,000 hectares. The acquisition adds fruit-producing estates and strong seed development capabilities to POSCO's portfolio. A new East Kalimantan refinery boosts POSCO's operations with 500,000-ton annual processing capacity. POSCO Holdings, Inc.’s (PKX) unit POSCO International has taken a significant step in its agro-business by establishing a fully integrated palm oil value chain, spanning from palm seed de ...

Group 1: Market Overview - U.S. investors are facing challenges including high tech stock valuations, hawkish Federal Reserve commentary, and unpredictable tariff policies from the Trump administration [1] - Despite Nvidia's strong earnings, the market experienced a sell-off, indicating potential volatility ahead [2] - High-quality international stocks have emerged as a refuge from U.S. market fluctuations [2] Group 2: Shinhan Financial Group - Shinhan Financial Group, a South Korean banking conglomerate, has a market cap of $25.5 billion and reported strong growth in interest income and net interest margins in Q3 2025 [3][5] - The company is trading at a Price-to-Earnings (P/E) ratio of 7.94 and a Price-to-Book (P/B) value of 0.5, with a dividend yield exceeding 3% [5] Group 3: POSCO Holdings - POSCO Holdings, valued at $16 billion, is transitioning from traditional steel manufacturing to lithium battery production, which offers higher margins [6][8] - The company has secured deals for lithium extraction in the U.S. and mining operations in Australia and Argentina, yet it trades at 14 times forward earnings and 0.4 times book value [6] Group 4: PLDT Inc. - PLDT Inc., the largest telecommunications company in the Philippines, offers a range of services and has developed the popular PayMaya app, now rebranded as Maya [9] - The stock trades at 7.5 times forward earnings and 1.2 times sales, with a dividend yield over 7%, presenting a potential buying opportunity after a recent drop [11] Group 5: United Microelectronics Corp. - United Microelectronics Corp. is a key player in the semiconductor foundry market, with a market share of 5% and major clients including Texas Instruments and Intel [12][14] - The stock is trading at 14 times forward earnings and 2.4 times sales, below industry averages, and has shown improved earnings performance in Q3 2025 [14]