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PKX Advances LFP Cathode Materials Business With New JV
ZACKS· 2026-01-05 15:21
Key Takeaways POSCO Future M formed a JV with CNGR and FINO to build an LFP cathode materials plant in Pohang.PKX approved construction starting in 2026, targeting mass production in 2027 with capacity up to 50,000 tons.POSCO Future M plans LFP output for ESS and entry-level EVs, converting lines to supply from H2 2026.POSCO Holdings Inc.’s (PKX) POSCO Future M is focusing its push on lithium iron phosphate (LFP) cathode materials after signing a joint venture agreement with CNGR and its Korean subsidiary, ...