POSCO FUTURE M

The government has re-certified POSCO Future M as an exemplary operator of family-friendly policies.

POSCO Future M has successfully localized the manufacturing technology for electrode rods, an essential material in the steel production process.

Posco Future M, the materials unit of Posco Group, said Thursday it has completed production technology for graphite electrodes, which are an essential material in steelmaking that Korea has solely relied on imports for so far.

Posco Future M inked a deal with Posco-Pilbara Lithium Solution, a joint venture between Australia-based Pilbara Minerals and steelmaker Posco, to source 20,000 tons of lithium hydroxide in a bid to reduce reliance on China for raw materials to qualify for U.S. government incentives.

POSCO Future M has again been acknowledged for its ESG management performance through a leading domestic certification body.