POSCO Future M Co., Ltd.
Native name
주식회사 포스코퓨처엠
FormerlyPOSCO ChemTech
POSCO Chemical
KRX: 003670
IndustryChemical
Founded1971 (1971)
Headquarters,
South Korea
ProductsRefractories, cathodes, anodes
ParentPOSCO

POSCO Future M Co., Ltd. (Korean: 주식회사 포스코퓨처엠), formerly POSCO Chemical, is a South Korean chemical company that produces refractories and basic industrial materials. POSCO Future M's products were primarily refractories and burnt lime for POSCO's steel production but diversified its product range to basic materials, including materials for lithium-ion batteries.[1][2]

Businesses

POSCO Future M produces cathode active materials and anodes for EV batteries.[3] In June 2022, POSCO and Britishvolt, a UK startup manufacturer of lithium-ion batteries, signed a deal to secure the cathode and anode materials supply.[4] POSCO agreed with GM Motors to supply cathode active material for three years.[5]

See also

References

  1. "POSCO Chemical expects to secure full in-house lithium supply in 2024". Yonhap. Seoul. March 25, 2022.
  2. "POSCO Chemical to change name to POSCO Future M". Yonhap. Seoul. February 24, 2023.
  3. Jim, Min-ji (January 23, 2022). "[WHY] Posco hopes holding company will help it go green". Korea Joongang Daily.
  4. Carey, Nick (June 30, 2022). "Britishvolt signs deal with Posco Chemical for battery materials". Reuters.
  5. Choi, Jeehyun (July 28, 2022). "POSCO Chemical inks $10.8 billion CAM supply contract for GM battery power". Maeil Business Newspaper.
  • Business data for POSCO Future M:
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