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| 포스코홀딩스 (사진=연합뉴스) |
[Alpha Biz=(Chicago) Reporter Paul Lee] POSCO Holdings said its consolidated operating profit for the first quarter of 2023 was KRW 704.7 billion, down 69.6% from a year earlier. Mazel fell 8.9% to 19.3819 trillion won.
Compared to the previous quarter, sales rose 1% and operating profit turned into a surplus. Domestic and foreign profits in the steel sector turned into a surplus following the complete normalization of the Pohang steel mill in January 2023, and sales of eco-friendly future materials grew 44% compared to the previous quarter.
POSCO Holdings predicted tangible results in the eco-friendly future material business in 2023. POSCO Pilbara Lithium Solution, a subsidiary of ore lithium production, is scheduled to complete the ore lithium production plant with an annual capacity of 43,000 tons in October.
The waste battery recycling business, which is linked overseas, is scheduled to start mass production of PLSC, a Polish waste battery purification plant, in early 2023, and commercial production of the POSCO HI Clean Metal plant, which extracts anode materials such as lithium, nickel and cobalt based on commercial products (Black mass), is also scheduled in the second half of the year.
The first and second stages of salt water plants, which are under construction around lithium salt lakes in Argentina, are actively under construction, including the construction of mechanisms. It is expected to be completed sequentially from 2024.
POSCO Holdings will hold 'POSCO Group Secondary Battery Material Business Value Day' in July to explain to investors about POSCO Group's secondary battery material business as a whole.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
