POSCO FUTURE M

- On the 17th, First Vice-Minister Kang Kyung-sung inspected the secondary battery materials supply chain at the POSCO Future M factory

- Kim Jun-hyung, President of POSCO Future M, calls for government support to achieve supply chain independence in anode material business

- Vice-Minister Kang: "Will support through finance, tax measures, R&D, and regulatory improvements"

First Vice-Minister Kang Kyung-sung of the Ministry of Trade, Industry and Energy visited the POSCO Future M’s artificial graphite anode factory in Pohang on the 17th as part of his first field activity since taking office to inspect the secondary battery material supply chain. On this day, Vice-Minister Kang attended a meeting with key resident companies in the Pohang specialized complex, including POSCO Future M, Woojeon G&F, and PM Grow, to listen to their investment status and challenges.

During the meeting, Vice-Minister Kang stated, “As secondary batteries are crucial for our economy's future, being as critical as semiconductors and directly linked to economic security and advanced industries, it is vital to secure a robust supply chain. It is significant to visit the country’s only artificial graphite anode production facility today, and I anticipate POSCO Future M will play a central role in achieving our country's independence in anode materials.”

Kim Jun-hyung, President of POSCO Future M, who attended the meeting, expressed, "We are continuing our investment in the anode material business, including artificial graphite anodes, to achieve supply chain independence. However, we are facing operational difficulties due to low-priced products from overseas, which makes the need for government support critical."

In response, Vice-Minister Kang said, “The government will not spare support in areas such as finance, tax measures, R&D, and regulatory improvements.”