POSCO (Pohang Iron and Steel Company)

Canvas Category OEM : Primary Metal

Website | LinkedIn | Video

Primary Location Pohang, South Korea

Financial Status NYSE: PKX

With an annual capacity of 42 million tons of steel products, POSCO exports a wide range of steel products including hot rolled sheets, plate, wire rod, cold rolled sheets, galvanized sheets and stainless steel to 53 countries, earning worldwide recognition for its superb technology and excellent quality.

Assembly Line

LG's robot to be used in facility diagnosis of POSCO's steel mill

📅 Date:

✍️ Author: Baek Byung-yeul

🔖 Topics: Partnership, Autonomous Mobile Robot

🏢 Organizations: LG, POSCO


LG Electronics’ AI-based self-driving robots can be widely used for facility diagnosis at hazardous worksites in the future, the company said Wednesday, after completing a two-day demonstration of unmanned facility management using its robot at POSCO’s Gwangyang steel plant. LG said the robot completed its facility management mission in the electrical room of the steel plant in Gwangyang, South Jeolla Province, on Monday and Tuesday.

This demonstration project was carried out as part of a business agreement between LG Electronics and POSCO Holdings. In May, the two companies signed a business agreement for the development of technologies in the fields of robots, AI and 5G networks, and conducted the first stage of a demonstration in July to control the driving of a semi-autonomous robot.

“We equipped the robot with cameras and light detection and ranging (LiDAR) sensors. The robot uses the information acquired from the sensors to recognize its surroundings more accurately,” LG said. “It has a high recognition rate even in low-light environments such as basements or places where safety fences are installed around equipment. If it detects abnormal temperatures in various equipment in the electrical room using the temperature information obtained from its thermal imaging camera, it will take a picture and send an alert to the control room.”

Read more at Korea Times

Posco-backed group invests in lithium technology startup EnergyX

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: EnergyX, POSCO


A consortium led by South Korean conglomerate Posco Holdings is investing in lithium technology startup EnergyX as it considers more efficient ways to produce the battery metal for the green energy transition. The push to electrify the world’s economy has fueled a hunt for stable supplies of lithium and other critical minerals and drawn attention to so-far unproven direct lithium extraction (DLE) technologies being developed by EnergyX and its peers.

Read more at Reuters

POSCO, LG Electronics to jointly build smart factory

📅 Date:

✍️ Author: Jae-Fu Kim

🔖 Topics: Partnership

🏢 Organizations: POSCO, LG


POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO’s smart factory technology. The initiative will involve the integration of robotics, artificial intelligence (AI) and wireless communication technologies.

Under the agreement, both companies will jointly develop technology to conduct safety inspections and manage facilities in steel mills. This initiative will employ autonomous robots integrated with AI, enabling operations in areas that are challenging for human accessibility.

Read more at Korea Economic Daily