POSCO Future M begins construction of second cathode factory in Gwangyang

POSCO Future M held a groundbreaking ceremony for new NCA cathode material production facilities in Gwangyang, South Korea, with an investment of 683.4 billion won ($514.2 million). The facilities will have an annual capacity of 52,500 tons and are expected to be completed by April 2025.

“Considering that the secondary battery market is currently at a low point, I believe it is a timely and appropriate investment.”pulse.mk.co.kr

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• pulse.mk.co.krPOSCO begins constructing second cathode factory - 매일경제 영문뉴스 펄스(Pulse)Feb 23, 2024

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