Core Insights - Posco Future M has secured its largest supply contract for battery anode materials, valued at KRW 671 billion (US$ 472 million), with a global vehicle manufacturer [1] - The contract will supply natural graphite anode materials over a four-year period starting in October 2027, with a potential extension to 2037, which could increase the deal's value to approximately KRW 1.7 trillion [2] - Global automakers are increasingly sourcing battery materials directly from producers to mitigate supply chain issues and reduce reliance on Chinese materials, with companies like Tesla, General Motors, and Ford forming direct supply agreements and joint ventures [3] - South Korean producers, including Posco, are working to establish alternative supply chains to lessen dependence on Chinese materials, with Posco planning to eliminate the use of China-sourced spherical graphite intermediate materials by 2027 [4]