Australia's Galan Lithium declines $150 million buyout bid for Argentine assets [Yahoo! Finance]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
Company Research
Source: Yahoo! Finance
Galan Lithium described the offer as "opportunistic" and "undervalued", adding that it was for the purchase of the company's entire interest in the Hombre Muerto West (HMW) and Candelas projects in Argentina. Shares of Galan were up 38.1% at A$0.145, as of 0111 GMT, while the broader benchmark index was down 1.5%. The stock climbed to its highest level since early January. Last August, EnergyX, a lithium technology startup company, made a $150 million offer to purchase Galan's Argentine assets. The Hombre Muerto West project, Galan's flagship project, is located near lithium projects and owned by Arcadium Lithium and Posco Holdings. Posco is an investor in EnergyX. (Reporting by Sherin Sunny in Bengaluru; Editing by Sherry Jacob-Phillips)
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PKX
Sec Filings
- 12/19/25 - Form 6-K
- 12/16/25 - Form 6-K
- 12/12/25 - Form 6-K
- PKX's page on the SEC website