poscofuturem

POSCO Future M is facilitating its global market expansion by securing a major Japanese battery company as a new customer.

In preparation for the operation of its Canadian cathode material plant, POSCO Future M has initiated a training program in Korea for local key personnel, advancing its efforts in global technical workforce development.

POSCO FUTURE M is on track to bolster its high-nickel NCA cathode production capabilities beyond 50,000 tons annually.

POSCO Future M expanded its battery material product portfolio and achieved record-high sales in the second quarter once again, breaking the record-high sales it attained in the first quarter.

POSCO Chemical and General Motors Announce Agreement for Large Scale Supply of CAM to Support EV Growth

POSCO Chemical achieved its highest-ever sales and operating profit through investment in the battery materials business.

POSCO Chemical published a Corporate Citizenship Report 2021 on July 5 and announced the company’s roadmap to carbon neutrality in the battery materials business by 2035.

- The company records 480 billion won in sales and 35.6 billion won in operating profit in Q2 - Cathode business accounts for 35% of the enterprise business, driving growth as a new flagship sector

- POSCO Chemical concludes an investment deal for a 60,000-ton cathode plant with Gyeongsangbuk-do and Pohang, accelerating investment - Will build a global production system of 270,000 tons by 2025, with 160,000 tons from Korea and 110,000 tons overseas, aimed at becoming the world’s top-tier producer - POSCO Chemical CEO Min Kyung-zoon said, “We will build the most competitive production base in the world and lead the K-battery industry.”

Agreement on investment on cathode material production