# POSCO Future M signs 30.3 trillion won cathode supply deal with LG Energy Solution

POSCO Future M has signed a contract to supply approximately 30.2595 trillion won worth of high-nickel NCM and NCMA cathodes to LG Energy Solution from 2023 to 2029.

- Type: Contract
- Announced: 2023-04-26
- Status: announced
- Products: high-nickel NCM cathodes, high-nickel NCMA cathodes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LG Energy Solution](https://endata.com/companies/11181.md) (customer)
- [POSCO Future M](https://endata.com/companies/69225.md) (supplier)

## Sources

- [khan.co.kr](https://www.khan.co.kr/article/202304261505001), 2023-04-26: "포스코퓨처엠은 2023년부터 2029년까지 7년간 LG에너지솔루션에 약 30조2595억 규모의 양극재를 공급하는 계약을 26일 체결했다고 밝혔다."

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