Stake Announced
POSCO Holdings stake in MinRes lithium joint venture (Wodgina and Mt Marion)
A$3.9bn equity value
Announced 12 Nov 2025
Advisers
MinRes lithium joint venture (Wodgina and Mt Marion)
Target
- Financial adviser
- Legal adviser
POSCO Holdings
Acquirer
Not disclosed
- Target
- MinRes lithium joint venture (Wodgina and Mt Marion)
- Acquirer
- POSCO Holdings
- Seller
- Mineral Resources
- Structure
- Private sale
- Stake
- 30%
- Sector
- Lithium and battery metals
In the league tables
Similar deals
- Exxaro Resources acquisition of Ntsimbintle Mining (Pty) May 2025 · A$930m · Lithium and battery metals
- Titan Australia Mining acquisition of Global Lithium Resources Sep 2026 · A$333m · Lithium and battery metals
- Zhejiang Huayou Cobalt Co. acquisition of Atlantic Lithium May 2026 · A$292m · Lithium and battery metals
- Sow Good acquisition of Wholly owned Tanzanian subsidiaries of Ryzon Materials Ltd holding the Nachu graphite project May 2026 · A$150m · Lithium and battery metals
- Zhejiang Huayou Cobalt Co acquisition of Ewoyaa Lithium Project May 2026 · A$98.7m · Lithium and battery metals
Sources
- 12 Nov 2025 MinRes and POSCO Holdings to form lithium partnership ASX