- Supplying natural
graphite anode materials to a major Japanese battery company
- Securing new global customers for the anode material business strengthens the foundation for business growth
- Continuing customer expansion based on differentiated technology, manufacturing capabilities, and supply chain competitiveness
POSCO
Future M is facilitating its global market expansion by securing a major
Japanese battery company as a new customer.
POSCO Future M signed an anode material supply contract with a Japanese battery
company on the 11th. The company plans to produce natural graphite anode
materials at its Sejong plant and supply them for electric vehicle batteries
manufactured in Japan. The specific contract partner, duration, and scale will
not be disclosed by mutual agreement between the two companies.
POSCO Future M has achieved customer diversification for business growth by
securing an additional major Japanese battery company as a customer.
POSCO Future M has developed various natural graphite and artificial graphite
anode materials tailored to customer requirements, maintaining a broad product
portfolio, and is also advancing the commercialization of silicon anode
materials. Additionally, the company has enhanced price competitiveness by
pursuing process innovations to improve anode material productivity.
In particular, the company is gaining attention in the global market by
establishing a self-sufficient system for graphite ore and intermediate
materials. POSCO Future M has been working with the POSCO Group to secure an
independent supply chain covering everything from raw materials to material
production in response to supply chain diversification efforts and trade
regulations in countries including the United States and the EU.
For natural graphite anode materials, the company is achieving self-sufficiency
by securing graphite ore from countries outside China, including Africa, and
through domestic production of spherical graphite, an intermediate material.
For artificial graphite anode materials, the company has secured supply chain
competitiveness by processing coke from domestic POSCO steel mills to
manufacture graphite raw materials.
POSCO Future M plans to continuously expand its customer base by leveraging
differentiated technology to broaden its product portfolio and advancing
manufacturing capabilities and supply chain competitiveness.
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(Photo caption) Overview of POSCO Future M’s Sejong anode material plant producing natural graphite anode materials supplied to a Japanese battery company
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(Photo caption) Production line at POSCO Future M’s Sejong anode material plant producing natural graphite anode materials supplied to a Japanese battery company