POSCO Holdings unit POSCO Future M enters LFP cathode market with 190,000-ton supply deal - PKX News | RalliesPOSCO Holdings unit POSCO Future M enters LFP cathode market with 190,000-ton supply deal
P
PKX• Six-year LFP cathode supply deal
- POSCO Future M, a POSCO Holdings unit, struck a six-year LFP cathode supply deal with a major Korean battery maker.
- Deliveries are set to total more than 190,000 tons from next year through 2032, targeting rising North American ESS demand.
- Parts of the Pohang high-nickel cathode lines were converted to LFP production to meet customer orders.
Production timing and related contract
- Prototype certification is under way, with mass-production supply scheduled to start by year-end.
- POSCO Future M also cited a separate roughly KRW 1 trillion synthetic graphite anode supply contract with a global automaker.
JSPR
•
