# POSCO Future M

- Headquarters: South Korea
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Gwangyang, South Korea | 2024-02-23 | $529.0M | expansion |
| Pohang, South Korea | 2023-03-21 | $300.0M | new_facility |

## Customers, suppliers and deals

- [LG Energy Solution](https://endata.com/companies/11181.md): customer, 2×, latest 2023-04-26

## Announcements (6)

- 2024-02-23: [POSCO Future M begins construction of second cathode factory in Gwangyang](https://endata.com/announcements/85980-posco-future-m-begins-construction-of-second-cathode-factory-in-gwangyang) (Expansion · Gwangyang, South Jeolla Province, South Korea · $514.2M · starts operating Apr 2025)
- 2023-11-13: [P&O Chemical completes Korea's first anode coating pitch plant in Gongju](https://endata.com/announcements/83032-p-and-o-chemical-completes-korea-s-first-anode-coating-pitch-plant-in-gongju) (New facility · Gongju, Chungcheongnam-do, South Korea · starts operating 13 Nov 2023)
- 2023-07-24: [POSCO Future M to invest 683.4 billion won in cathode plant expansion in Gwangyang](https://endata.com/announcements/79936-posco-future-m-to-invest-683-4-billion-won-in-cathode-plant-expansion-in) (Expansion · Gwangyang, South Korea, South Korea · $529.0M)
- 2023-04-26: [POSCO Future M signs 30.3 trillion won cathode supply deal with LG Energy Solution](https://endata.com/announcements/77575-posco-future-m-signs-30-3-trillion-won-cathode-supply-deal-with-lg-energy) (Contract)
- 2023-04-26: [POSCO Future M wins 30.3 trillion won cathode supply deal from LG Energy Solution](https://endata.com/announcements/77573-posco-future-m-wins-30-3-trillion-won-cathode-supply-deal-from-lg-energy) (Contract · $22.6B)
- 2023-03-21: [POSCO Future M to build $300M NCA cathode plant in Pohang, South Korea](https://endata.com/announcements/76560-posco-future-m-to-build-300m-nca-cathode-plant-in-pohang-south-korea) (New facility · Pohang, North Gyeongsang Province, South Korea, South Korea · $300.0M · starts operating 2025)

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