poscofuturem

POSCO Future M has strengthened its premium electric vehicle market strategy and now possesses a comprehensive cathode material portfolio capable of addressing premium, standard, and entry-level EV markets.

POSCO Future M signed an MOU with CNGR on the 8th at the POSCO Center in Daechi-dong for pursuing the LFP (lithium-iron-phosphate) cathode material business.

POSCO Future M has made its initial shipment of cathode materials produced using self-sufficient precursors.

POSCO Future M is facilitating its global market expansion by securing a major Japanese battery company as a new customer.

POSCO Future M has completed its Gwangyang precursor plant with an annual production capacity of 45,000 tons.

All executives at POSCO Future M, including CEO Gi-chen Eom, have purchased 5,153 shares of company stock on the market. This demonstrates their confidence in the company’s business growth vision and their commitment to enhancing shareholder value through responsible management.

POSCO Future M has completed the development of LMR (Lithium Manganese Rich) cathode materials, which will serve as a game-changer in the entry-level and standard electric vehicle markets, and is now moving forward with securing mass production technology.

POSCO Future M recorded consolidated revenue of 845.4 billion won and operating profit of 17.2 billion won in the first quarter.

POSCO Future M held its 54th Ordinary General Meeting of Shareholders on the 24th and resolved major agenda items, including the election of inside and outside directors.

POSCO Future M is expanding its industry-academic collaboration to nurture talent in battery materials and secure technological leadership.