POSCO Secures KRW 1T Anode Deal, Expands Production Capacity

Monday, Mar 23, 2026 9:11 am ET1min read
PKX--

POSCO Holdings' subsidiary, POSCO Future M, has secured a KRW 1.0149 trillion contract for artificial graphite anode material for lithium-ion batteries in EV applications. The agreement spans five years and underscores strong demand for high-performance anodes. The contract supports POSCO Future M's capacity expansion and overseas investments, including a plant in Vietnam. Shares of POSCO Holdings are up 7% over the past year compared to the industry's 6% fall.

POSCO Secures KRW 1T Anode Deal, Expands Production Capacity

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