POSCO Group accelerates resource strategy as global competition shifts
POSCO Group Chairman Chang In-hwa is bringing together the group’s senior executives to map out the next phase of its three-pronged growth strategy, as geopolitical shifts and technological change reshape global competition for resources. The group’s annual POSCO Forum began Thursday and will run for two days in Incheon. The event brings together senior executives to discuss future growth and…
The POSCO Group, led by Chairman Chang In-hwa, is accelerating its resource strategy in response to shifting global competition, according to a report from The Korea Times. The group's annual POSCO Forum, held in Incheon, brings together senior executives to discuss the next phase of its three-pronged growth strategy. This strategy focuses on industrial resources such as steel, strategic resources including lithium, cathode and anode materials and rare earths, and energy resources like liquefied natural gas and renewable energy.
Chang emphasized the importance of quick execution in navigating the changing geopolitical landscape and technological paradigms, stating that anticipating change and finding clear answers are crucial for the group's expansion.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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