# Posco Chemical signs 40 trillion won cathode supply deal with Samsung SDI

Posco Chemical signed a 10-year contract to supply high-nickel NCA cathodes to Samsung SDI starting in 2023, valued at 40 trillion won. This is Posco Chemical's first major deal with Samsung SDI.

- Type: Contract
- Announced: 2023-01-30
- Where: South Korea
- Value: $32.6B (40026.1B KRW)
- Status: announced
- Products: high-nickel NCA cathodes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Samsung SDI](https://endata.com/companies/16013.md) (customer)
- [POSCO Chemical](https://endata.com/companies/44695.md) (supplier)

## Sources

- [thelec.kr](https://www.thelec.kr/news/articleView.html?idxno=19626), 2023-01-30: "포스코케미칼은 2032년까지 10년간 삼성SDI에 전기차 배터리용 니켈·코발트·알루미늄(NCA) 양극재를 공급하는 계약을 체결했다고 30일 공시했다."

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