korea battery industry

POSCO Future M Signs KRW 1.1 Trillion LFP Cathode Supply Deal With SK On

POSCO Future M has secured a three-year, KRW 1.1 trillion contract to supply LFP cathode materials to SK On, marking its first cathode deal with the battery maker. The agreement expands POSCO Future M's customer base across all three major Korean battery producers and accelerates its push into the growing LFP market.