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POSCO Enters Agreement to Supply Graphite Anodes for EV Batteries
ZACKSยท 2025-07-23 14:46
Core Insights - POSCO Future M has signed an agreement with a Japanese battery company to supply natural graphite anode materials for electric vehicle batteries, produced at its Sejong plant [1][6] - This partnership is part of POSCO's strategy to expand its global market presence and diversify its customer base, although specific details about the partner and scale of the agreement remain undisclosed [2][6] - The company is focused on establishing a comprehensive supply chain from raw materials to production, responding to supply chain diversification and trade regulations in the US and EU [3][6] Company Performance - Over the past year, PKX stock has decreased by 7.7%, while the industry has seen a decline of 21.4% [3] - POSCO Future M is actively working on commercializing silicon anode materials and enhancing its technological capabilities to improve competitiveness in the market [2][3]