Posco Future M, LG Energy Solution Agree on Seven-Year Supply of 720,000 Tons of Battery Materials
Bitget2026/11/03 00:52- Posco Future M signed a cooperation memorandum with LG Energy Solution on October 30, 2026, expanding their battery materials partnership.
- Planned cathode and anode material supplies total 720,000 metric tons over seven years, from 2027 through 2033; definitive contracts are targeted by year-end.
- LFP cathode deliveries are scheduled to begin in early 2027 through conversion of high-nickel production lines at the Pohang plant.
- Artificial graphite anode materials will be produced in South Korea and Vietnam for LG Energy Solution.
- The partnership also covers next-generation battery materials development and joint responses to global supply-chain regulations.
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