Next-generation mobility materials
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PKX and Factorial Partner to Advance Battery Materials Development
ZACKSยท 2025-12-04 15:31
Core Insights - POSCO Holdings Inc.'s unit POSCO Future M and Factorial Inc. have signed a Memorandum of Understanding (MOU) to collaborate on the development of all-solid-state battery materials, aiming to enhance next-generation industries such as electric vehicles and energy storage systems [1][9] Partnership Details - The partnership emerged after Factorial evaluated cathode material samples from various suppliers, with POSCO Future M's materials showing strong rate capability [2] - The collaboration will focus on developing materials for all-solid-state batteries that utilize solid electrolytes, which offer improved safety, higher energy density, and better charging performance compared to traditional lithium-ion batteries [3][9] Research and Development - POSCO Future M is actively engaged in R&D for cathode materials and silicon anode materials, while the broader POSCO Group is researching lithium metal anodes and sulfide-based solid electrolytes [4] - Factorial is also conducting pilot manufacturing operations in South Korea [4] Strategic Goals - POSCO Future M intends to utilize POSCO Holdings N.EX.T Hub to expedite the development of next-generation mobility materials, focusing on innovation, supply chain enhancement, and cost reduction [5] Market Performance - PKX's shares have increased by 14.9% over the past year, while the industry has seen a growth of 23.7% [7]