This investment marks a strategic pivot for POSCO Future M, diversifying its anode production geographically to mitigate supply chain risks associated with high dependency on specific countries.
This investment marks a strategic pivot for POSCO Future M, diversifying its anode production geographically to mitigate supply chain risks associated with high dependency on specific countries. By establishing a production base in Vietnam, the company better aligns with US and EU regulations, securing its position in the global EV battery market.
POSCO Future M is investing 357 billion KRW in a new synthetic graphite anode plant in Vietnam.
The plant aims for a production capacity of 55,000 tons, with mass production starting in 2028.
This move diversifies the company's supply chain away from China and aligns with US IRA and EU CRMA policies.
POSCO Future M is investing 357 billion KRW in a new synthetic graphite anode plant in Vietnam.
The plant aims for a production capacity of 55,000 tons, with mass production starting in 2028.
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