Yujin's questions to Posco Holdings Inc (PKX) leadership • Q2 2025
Question
An analyst from Yujin Investment & Securities asked for an update on the lithium certification progress with various customers and any confirmed battery material sales volumes. A second question concerned the POSCO E&C safety incident, asking when the financial damages would be accounted for and the potential size of the impact.
Answer
An executive reported that the PPLS Plant 1 in Hwangyang has completed certification with three customers and sales have begun, with Plant 2 certification underway. The Argentina plant has not yet reached the commercial-grade certification stage. The Finance lead addressed the E&C incident, explaining that the full financial impact will be assessed after the safety investigation completes, likely in Q3, with the financial effects expected to be reflected in the fourth quarter results after accounting for recovery costs and insurance coverage.