Rio Tinto, BYD among prospective partners for Chile lithium development [Seeking Alpha]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
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Source: Seeking Alpha
lithium assets in Chile's Altoandinos salt flats, state-run mining company Enami said Thursday. Enami began its search in May, seeking a partner to offer either financial backing or operational support in Altoandinos, for an ownership stake that has yet to be determined. The list of would-be partners also included China's CNGR Advanced Material Co., France's Eramet ( OTCPK:ERMAF OTCPK:ERMAY ) South Korea's LG Energy Solution and South Korea's Posco Holdings ( PKX The process is part of Chilean President Boric's plan to open up new areas to lithium extraction in an attempt to double production. While the government will control the projects, Enami ( OTCPK:ERMAF OTCPK:ERMAY ) has been given the scope to negotiate terms with private partners; a final decision on Altoandinos partners is scheduled for the end of March. Recommended For You More Trending News Recommended For You More Trending News About RIO Stock Related Stocks Trending Analysis Trending News
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News
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- POSCO Holdings Inc. (NYSE: PKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
PKX
Sec Filings
- 11/1/24 - Form 6-K
- 10/30/24 - Form 6-K
- 10/30/24 - Form 6-K
- PKX's page on the SEC website