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POSCO Completes Precursor Plant to Achieve Self-Sufficiency
ZACKSยท 2025-06-24 15:21
Group 1 - POSCO Holdings Inc.'s POSCO Future M unit has completed a precursor plant with an annual capacity of 45,000 tons in Gwangyang, Jeollanam-do Province, enhancing its in-house production capabilities for cathode materials [1][2] - The new plant will enable the production of batteries for 500,000 electric vehicles, contributing to supply chain self-sufficiency and quality control [2] - Korea's dependency on Chinese imports for precursors is being addressed by POSCO Future M, which is enhancing its sourcing capabilities for nickel and lithium from within the POSCO group and other non-Chinese sources [3] Group 2 - POSCO Future M aims to become a global top-tier secondary battery materials company by strengthening supply chain management, developing research capabilities, and expanding its product portfolio [4] - PKX stock has experienced a decline of 28.9% over the past year, slightly worse than the industry's decline of 28.5% [6]
NOVONIX(NVX) - 2024 Q4 - Earnings Call Presentation
2025-03-06 17:07
Fourth Quarter Activities Report Update Important Notice and Disclaimers The information contained in this presentation (the "Presentation") has been prepared by NOVONIX Limited (ACN 157 690 830) ("the Company" or "NOVONIX") solely for information purposes and the Company is solely responsible for the contents of this Presentation. It is intended to be a summary of certain information relating to the Company as at the date of the Presentation and does not purport to be a complete description of NOVONIX or c ...