Overview
- The five-year agreement covers synthetic graphite anode active materials for an undisclosed global automaker, with an option to extend.
- POSCO Future M will invest 357 billion won to build the Vietnam facility to fulfill the contract, securing a buyer for the project’s first phase.
- The company cites an earlier 670 billion-won contract with the same customer for natural graphite anodes signed in October.
- POSCO Future M says it is exploring broader collaboration with the automaker in lithium and cathode materials and is in talks with customers in South Korea, the United States and the European Union.
- The POSCO Holdings unit currently produces NCM and NCMA cathode materials, operates an 8,000‑ton annual anode line in Pohang and is Korea’s only producer of graphite-based anode materials.