POSCO Holdings issued a clarification regarding media reports that it was accelerating a KRW 4 trillion low-carbon steel project in Australia. The company stated it is currently reviewing the feasibility of an HBI (Hot Briquetted Iron) production project in Port Hedland, Western Australia. No decisions have been made regarding actual investment, specific business structure, or implementation schedules. POSCO will provide further details within one month if and when specifics are determined. POSCO Holdings Inc. operates as a global steel manufacturer.
