# POSCO Future M wins $668M battery material supply deal

POSCO Future M secured a 1 trillion-won ($668 million) contract to supply synthetic graphite anode active materials to a global automaker from 2027 through 2032. The company plans to invest 357 billion won to build a synthetic graphite anode plant in Vietnam to fulfill the contract.

- Type: Contract
- Announced: 2026-03-16
- Value: $668.0M
- Status: announced
- Products: synthetic graphite anode active materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [POSCO Future M](https://endata.com/companies/69225.md)

## Sources

- [koreatimes.co.kr](https://www.koreatimes.co.kr/business/companies/20260316/posco-future-m-wins-668-mil-battery-material-supply-deal-from-global-automaker), 2026-03-16: "POSCO Future M, the battery materials unit of POSCO Holdings, said Monday it has secured a 1 trillion-won ($668 million) contract to supply battery materials to a global automaker."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.