POSCO Holdings to Acquire 30% Stake in Australian Lithium Venture
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
POSCO ( (PKX) ) has shared an update.
On November 11, 2025, POSCO Holdings Inc. announced its decision to acquire a 30% stake in a new intermediate holding company to be formed by Mineral Resources Ltd. in Australia, aimed at operating in the lithium business. This strategic investment, valued at approximately 1.1 trillion KRW, is intended to strengthen POSCO’s position in the lithium market, thereby boosting its cost-competitiveness and expanding its footprint in the mining sector.
The most recent analyst rating on (PKX) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on POSCO stock, see the PKX Stock Forecast page.
Spark’s Take on PKX Stock
According to Spark, TipRanks’ AI Analyst, PKX is a Neutral.
POSCO’s overall stock score reflects financial challenges with declining revenue and profitability, coupled with technical indicators showing mixed signals. The high P/E ratio suggests potential overvaluation, while the dividend yield offers limited compensation. The absence of earnings call and corporate events data means these factors were not considered.
To see Spark’s full report on PKX stock, click here.
More about POSCO
POSCO Holdings Inc. is a South Korean company operating in the steel industry, with a focus on expanding its operations into the lithium sector to enhance its cost-competitiveness.
Average Trading Volume: 134,940
Technical Sentiment Signal: Hold
Current Market Cap: $15.65B
Learn more about PKX stock on TipRanks’ Stock Analysis page.
