POSCO CEO Jeong-Woo Choi visits North America to discuss secondary battery material business
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stockmk2020@alphabiz.co.kr | 2023-06-29 00:27:07
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Group Chairman Choi Jung-woo visited North America to take care of global management issues, including the secondary battery business, and announce his future business vision.
According to POSCO Holdings on the 28th, Chairman Choi met with financial institutions and investors such as JP Morgan Chase, Alliance Bernstein and Westwood Global Investments in New York on the 26∼27th (local time). It was a place to explain the progress and plans of POSCO Group's future growth business and listen to shareholders' opinions.
In a meeting with the president of Daniel E. Pinto JP Morgan Chase, Chairman Choi said that POSCO Group has made tangible results in building a full value chain related to secondary battery materials and is also implementing carbon neutrality. Earlier, Choi met with high-ranking officials from global automakers in Detroit on the 21st to discuss ways to cooperate in the overall secondary battery material business as well as the existing steel business. POSCO did not disclose the finished car company that Chairman Choi met.
Choi also visited the construction site of a bipolar material plant in Quebec, Canada, and took care of management issues by encouraging executives and employees. Choi also met with Quebec Prime Minister François Legault and asked for active cooperation at the state level. POSCO Future M, an affiliate of POSCO Group, established a joint venture Ultimate Cam with General Motors Co., the first U.S. automaker, in July last year and is building a 30,000-ton anode material production plant in Beckanqua, Quebec, Canada, with the aim of completing it next year.
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