Posco Future M secures EV battery material supply deal with a Japanese battery maker
The deal enhances Posco Future M's global reach amid US-China trade tensions and graphite export restrictions
Posco Future M, a division of Posco Holdings specializing in battery materials, announced July 11 that it has obtained a supply contract for electric vehicle battery materials from a significant Japanese battery manufacturer. The contract entails Posco Future M supplying natural graphite-based anode materials produced at its Sejong plant for EV batteries made in Japan. The specific details regarding the client or the supply volume were not disclosed due to a mutual agreement between the parties involved.
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