POSCO Future M signs KRW 6 trillion LFP cathode supply deal with Samsung SDI
PKX•POSCO Future M signed a long-term LFP cathode materials supply deal with Samsung SDI worth KRW 6 trillion, expanding a prior 2027–2032 agreement for 190,000 tons by more than twofold. POSCO Future M expects total supply volumes to Samsung SDI to rise about 45% versus the existing NCA-only contract.
1. Expanded supply agreement
POSCO Future M, a POSCO Holdings unit, signed a long-term supply deal with Samsung SDI for LFP cathode materials worth KRW 6 trillion. The deal expands a prior 2027–2032 agreement for 190,000 tons by more than twofold and consolidates multiple product agreements into one framework. POSCO Future M expects total supply volumes to Samsung SDI to rise about 45% versus the existing NCA-only contract; the companies also plan expanded cooperation on LMO cathodes and synthetic graphite anodes.
