Posco Future M, battery materials unit of Posco Holdings, is planning to invest KRW357 billion in the construction of an artificial graphite anode plant in Thái Nguyên province, Vietnam. This facility will supply graphite anodes for EV batteries, marking a major step in Posco’s strategy to expand its global manufacturing footprint.

Construction of the plant is scheduled to begin in the second half of 2026, with mass production of artificial graphite anodes targeted by 2028. This timeline aligns with growing demand from EV battery makers and supports Posco’s existing contracts, including its order with Ultium Cells.

Vietnam’s competitive advantages—lower labour costs, efficient logistics, and favorable trade agreements—will help Posco reduce unit costs and strengthen supply-chain resilience. The country’s improving infrastructure and proximity to key shipping routes further enhance the attractiveness of this location.

The new facility is expected to diversify EV battery materials sourcing, reducing reliance on Chinese suppliers and lowering trade risk. By leveraging its technological expertise and existing partnerships, Posco aims to regain market share and enhance its cost competitiveness in the global anode materials market.