POSCO Says No Investment Decision Made on Australian HBI Project

Bitget2026/10/21 00:58

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POSCO Holdings clarified that subsidiary POSCO has made no investment decision on a potential HBI production project in Australia.
The project under review is in Port Hedland, Western Australia; its structure and timetable remain undecided.
The clarification addresses an October 21, 2026, Seoul Economic Daily report; a further disclosure is due by November 20, 2026.

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 via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261021800102), on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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POSCO Says No Investment Decision Made on Australian HBI Project

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