South Korean steelmaker POSCO Holdings obtained a $700 million credit line from the Islamic Development Bank to fund its lithium extraction operations in Argentina.

Posco Holdings announced a $765 million investment in Australian lithium mines to strengthen its raw material supply chain for battery materials.

Posco Holdings, South Korea's leading steelmaker, announced plans to sell 2.5 trillion won ($1.76 billion) worth of shares in two of its affiliates.

POSCO Holdings reported a 0.34% increase in its first-quarter net profit, primarily driven by equity gains.

POSCO Holdings Inc. (PKX) is highlighted as a high-dividend mining stock that is well-positioned to capitalize on emerging opportunities in low-carbon steel production.

SK On has signed a deal with Posco Holdings to secure up to 25,000 tons of lithium, aiming to diversify its battery raw materials supply chain.