poscofuturem

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 CEO Eom Gi-chen on Monday vowed to capture over 7.4 trillion won ($5 billion) in sales revenue by 2027, leveraging the electric vehicle supply chain’s decreasing reliance on China.

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

POSCO Future M features its new cathode and anode material technologies and products at InterBattery 2025, held at COEX Seoul from the 5th to the 7th.

Posco Future M said Tuesday it plans to invest 489.4 billion won ($342 million) into Ultium Chem, its cathode materials joint venture with General Motors in Quebec, Canada, despite a slowdown in electric vehicle demand exacerbated by ongoing trade disruptions in North America.

POSCO Future M will participate in InterBattery 2025, held at COEX Seoul, from March 5 to 7. It will highlight its cathode and anode technology roadmap and the group-level supply chain achievements spanning raw materials, battery materials, and recycling.

POSCO Future M has announced its 2024 consolidated financial results, reporting revenue of KRW 3.6999 trillion and an operating profit of KRW 700 million. Revenue decreased by 22.3%, while operating profit declined by 98.0% compared to the previous year.