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Market Impact: 0.35

POSCO Expands Global Battery Materials With Vietnam Facility

PKX
Commodities & Raw MaterialsAutomotive & EVTrade Policy & Supply ChainEmerging MarketsRenewable Energy TransitionCompany Fundamentals

PKX will invest KRW357 billion to build an overseas artificial graphite anode plant in Vietnam targeting up to 55,000 tonnes of annual capacity by 2028. The project expands PKX's battery-materials footprint to support EV supply chains in Southeast Asia and is a medium-term growth/capex commitment that may modestly affect the stock on execution and demand outcomes.

Analysis

PKX will invest KRW357 billion to build an overseas artificial graphite anode plant in Vietnam targeting up to 55,000 tonnes of annual capacity by 2028. The project expands PKX's battery-materials footprint to support EV supply chains in Southeast Asia and is a medium-term growth/capex commitment that may modestly affect the stock on execution and demand outcomes.

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mildly positive

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PKX0.40