POSCO Future M Signs Joint Venture Agreement with CNGR and FINO for LFP Cathode Materials

POSCO Future M has signed a joint venture agreement with CNGR and FINO to build an LFP cathode materials plant in Pohang, targeting the growing ESS and EV battery market, with mass production set for 2027 and plans to expand capacity to 50,000 tons annually.

POSCO Future M to Build LFP Cathode Plant to Target ESS Market

POSCO Future M will build a dedicated LFP cathode plant in Pohang to supply the fast-growing ESS market, aiming for mass production by late 2027 and expanding its global competitiveness.

POSCO Future M to Launch LFP Cathode Material Business for ESS Applications

POSCO Future M signed an MOU with China’s CNGR and FINO to jointly develop LFP cathode materials for energy storage systems, expanding their battery materials business and global market reach.

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