FLASH: POSCO Future M secures $675 million artificial graphite anode supply deal

On March 16, POSCO Future M, the battery materials division of South Korea's POSCO Group, announced the signing of a supply agreement for artificial graphite anode materials used in lithium-ion batteries. The contract is valued at 1,014,945,300,000 KRW (approximately 675 million USD). The agreement was signed with a global automotive manufacturer, with the contract period running from October 1, 2027, to September 30, 2032.