We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
POSCO Partners With Hyundai Motor Group to Advance Vietnam Business
Read MoreHide Full Article
Key Takeaways
Hyundai Motor Group is considering a KRW 100 billion investment in POSCO Future M's Vietnam business.
PKX's KRW 357 billion synthetic graphite anode plant in Vietnam targets mass production in 2028.
The partnership aims to accelerate facility development, secure supply chains and meet EV requirements.
POSCO Holdings Inc.’s (PKX - Free Report) POSCO Future M unit signed a letter of intent with Hyundai Motor Group, under which Hyundai will consider a KRW 100 billion equity investment in POSCO Future M’s Vietnam business and seek priority purchase rights for synthetic graphite anode materials.
The partnership is expected to support the development of global production facilities, accelerate construction and establish a more stable battery materials supply chain. The companies will also collaborate on early-stage product development and quality evaluation to ensure the materials meet electric vehicle performance requirements.
POSCO Future M invested approximately KRW 357 billion in a synthetic graphite anode material plant in Thai Nguyen, Vietnam. The facility targets mass production in 2028. The company has finalized customer order contracts for Phase 1 investment and is pursuing a second phase of investment.
Synthetic graphite anode materials have the ability to improve fast-charging performance and battery lifespan, with demand rising alongside advancements in EV technology. Supply-chain diversification is also gaining importance amid evolving trade regulations, making synthetic graphite anode materials a key tool.
The latest agreement strengthens POSCO Future M’s position as a potential alternative supplier for global automakers and battery manufacturers. Its efforts to integrate the graphite supply chain, alongside existing natural and synthetic graphite supply contracts, are expected to support its long-term growth by positioning itself as a core strategic resources company.
PKX's shares have lost 7.8% in the past year compared with the industry’s 21.4% decline.
Image Source: Zacks Investment Research
PKX’s Zacks Rank & Other Key Picks
PKX currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the Basic Materials space are Reliance, Inc. (RS - Free Report) , Element Solutions Inc. (ESI - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $23.70 per share, indicating a 66.2% year-over-year surge. RSshares have gained 53.3% over the past year.
The Zacks Consensus Estimate for ESI’s 2026 earnings is pegged at $1.85 per share, indicating a year-over-year rise of 24.2%. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6%.
The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 28 cents per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 75%.
View the Zacks #1 Rank List
Image: Bigstock
POSCO Partners With Hyundai Motor Group to Advance Vietnam Business
Key Takeaways
POSCO Holdings Inc.’s (PKX - Free Report) POSCO Future M unit signed a letter of intent with Hyundai Motor Group, under which Hyundai will consider a KRW 100 billion equity investment in POSCO Future M’s Vietnam business and seek priority purchase rights for synthetic graphite anode materials.
The partnership is expected to support the development of global production facilities, accelerate construction and establish a more stable battery materials supply chain. The companies will also collaborate on early-stage product development and quality evaluation to ensure the materials meet electric vehicle performance requirements.
POSCO Future M invested approximately KRW 357 billion in a synthetic graphite anode material plant in Thai Nguyen, Vietnam. The facility targets mass production in 2028. The company has finalized customer order contracts for Phase 1 investment and is pursuing a second phase of investment.
Synthetic graphite anode materials have the ability to improve fast-charging performance and battery lifespan, with demand rising alongside advancements in EV technology. Supply-chain diversification is also gaining importance amid evolving trade regulations, making synthetic graphite anode materials a key tool.
The latest agreement strengthens POSCO Future M’s position as a potential alternative supplier for global automakers and battery manufacturers. Its efforts to integrate the graphite supply chain, alongside existing natural and synthetic graphite supply contracts, are expected to support its long-term growth by positioning itself as a core strategic resources company.
PKX's shares have lost 7.8% in the past year compared with the industry’s 21.4% decline.
Image Source: Zacks Investment Research
PKX’s Zacks Rank & Other Key Picks
PKX currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the Basic Materials space are Reliance, Inc. (RS - Free Report) , Element Solutions Inc. (ESI - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
RS and ESI currently sport a Zacks Rank #1 (Strong Buy) each, while ASM carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here
The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $23.70 per share, indicating a 66.2% year-over-year surge. RSshares have gained 53.3% over the past year.
The Zacks Consensus Estimate for ESI’s 2026 earnings is pegged at $1.85 per share, indicating a year-over-year rise of 24.2%. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6%.
The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 28 cents per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 75%.