POSCO Future M to build $300M NCA cathode plant in Pohang, South Korea

POSCO Future M will invest 392 billion won ($300 million) to build its first NCA cathode materials plant with annual capacity of 30,000 tons in Pohang, South Korea. Construction starts in H1 2023, production from 2025.

“POSCO Future M on Tuesday said it will build its first plant solely for cathode materials made of nickel, cobalt and aluminum (NCA).”kedglobal.com

• 1 source
• kedglobal.comPOSCO Future M to spend $300 million on NCA cathode plant in Pohang - KED GlobalJae-Fu KimMar 21, 2023

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