POSCO Group’s secondary battery materials affiliate POSCO Future M will supply artificial graphite anode materials worth more than KRW 1 trillion to a global automaker.

On the 16th, POSCO Future M disclosed that it had signed a contract to supply artificial graphite anode materials for secondary batteries worth KRW 1,014.9 billion to a global automaker. It is the largest contract the company has won since it entered the anode materials business in 2011. The contract period runs from 2027 to 2032 and may be extended through mutual consultation, in which case the maximum contract amount will increase to about KRW 2.2 trillion. The counterparty has not been disclosed due to a confidentiality clause, but industry sources view the company as Tesla.

Earlier, in October last year, POSCO Future M already signed a contract with this automaker to supply natural graphite anode materials worth about KRW 670 billion. A POSCO Future M official added, “This contract has a package nature together with the natural graphite anode materials contract, and the company plans to push for expanded cooperation into cathode materials and lithium business areas going forward.”

POSCO Future M is also moving to expand production capacity in response to this large-scale order. As part of these efforts, the company announced on the 5th that it will begin construction of an artificial graphite anode materials plant in Thai Nguyen, Vietnam, in the second half of this year (July–December), with the new plant targeting mass production in 2028.

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