EV News
POSCO Enters Agreement to Supply Graphite Anodes for EV Batteries
POSCO Future M, has come up with an agreement with a battery company from Japan to supply natural graphite anode materials. It will produce the materials at its Sejong plant and supply them to the battery company for the manufacture of electric vehicle (EV) batteries.
The company is looking to expand its global market presence. POSCO Future M has been continually building expertise in the development of various natural graphite and artificial graphite anode materials tailored to the requirements of its customers.
POSCO Future M will progress to broaden its portfolio and introduce differentiated technology to enhance competitiveness in the industry. PKX stock has lost 7.7% over the past year compared with the industry’s 21.4% decline.