POSCO Future M has secured mass-production technology for silicon anode materials and completed preparations to capture the next-generation battery market.
All executives at POSCO Future M, including CEO Gi-chen Eom, have purchased 5,153 shares of company stock on the market. This demonstrates their confidence in the company’s business growth vision and their commitment to enhancing shareholder value through responsible management.
POSCO Future M has completed the development of LMR (Lithium Manganese Rich) cathode materials, which will serve as a game-changer in the entry-level and standard electric vehicle markets, and is now moving forward with securing mass production technology.
POSCO Future M will invest a total of KRW 1.7 trillion in Pohang to expand the production capacity of precursors for cathode materials and anode materials.
- Passed the fast track for blue-chip companies, with the switch to be completed this month
- Expected to secure a stable investment environment to promote new businesses