HOME What We Do Rechargeable Battery Materials
POSCO Group has built a complete rechargeable battery materials value chain. We are uniquely equipped to supply the world with raw input as well as final active materials, i.e., cathode and anode materials. Furthermore, we will continue to expand the scope of our activities by harnessing the synergies generated across our Group businesses.
POSCO Group’s Battery Resource Value Chain: From Raw to Active Materials
Capitalizing on our ability to acquire raw resources and intermediate materials, we produce cathode-active and anode-active materials, essential components for rechargeable batteries.
Vertical Integration of Battery Materials Business within POSCO Group
With POSCO Holdings at the helm, we have integrated our mineral resources, raw materials and materials businesses vertically, with the goal to maximize synergy across POSCO Group companies.
* ZPHE and ZHPE are jointly owned by POSCO Holdings and POSCO Future M.
With proactive technological development and capital investments led by POSCO Future M, we are unique in Korea to have an integrated system capable for supplying both cathode active and anode active materials.
Sales Performance of Cathode Materials
Revenue (₩ 100M)
Anode Materials
Revenue (₩ 100M)
Cathode and anode materials constitute parts that make up a rechargeable battery. A battery is charged when lithium ions move from cathode to anode, and is discharged as energy when the ions move back from anode to cathode.
POSCO Future M operates eight plants around the world dedicated to producing cathode/anode materials. It is uniquely positioned in Korea as the only supplier of anode materials.
Cathode Material Plants
We operate a total of five cathode material plants globally.
Gwangyang Cathode Material Plant
- Annual capacity : 90K tons
- Location : Yulchon Industrial Complex, Gwangyang
Gumi Cathode Material Plant
- Annual capacity : 10K tons
- Cathode Material R&D Center
- Location : Industrial Complex No. 4, Gumi
Pohang Cathode Material Plant
- Annual capacity : 105K tons
(phased expansion to 30K tons/year by 2024, 60K tons/year by 2025, and 105K tons/year by 2026) - Location : Yeongilman Industrial Complex, Pohang
Tongxiang, China (ZPHE/ZHPE)
- Annual capacity : 5K tons of cathode (phased expansion to 25K tons/year by 2025 and to 35K tons/year by 2026)
35K tons of precursor - Location : Tongxiang, Zhejiang Province, China
Quebec, Canada (Ultium CAM)
- Annual capacity : 60K tons of cathode
(phased expansion to 30K tons/year by 2024 and to 60K tons/year by 2026) - Location : Bécancour, Quebec, Canada
Anode Material Plants
One and only supplier of anode materials in Korea
(Natural) Anode Material Sejong Plant No. 1
- Annual capacity : 26.3K tons (natural graphite)
- Location : Jeon-ui Regular Industrial Complex, Sejong
(Natural) Anode Material Sejong Plant No.2
- Annual capacity : 45K tons (natural graphite)
- Location : High-Tech Industrial Complex, Sejong
Pohang (Artificial) Anode Material Plant
- Annual capacity : 8K tons (10K tons to be added by 2H24)
- Location : Blue Valley National Industrial Complex, Pohang
Our global production volume will expand and we will acquire leading technology to grow into a global top supplier of rechargeable battery materials.
Cathode Material Product Upgrade and Silicon Anode Material Business Launch
We will upgrade our cathode material products to high nickel NCM, and enter new markets, such as NCA, LFP, and high manganese markets.
We will provide artificial graphite, an ingredient used for anode materials, to the wider global market, and make a committed launch into our silicon anode materials business.
Cathode Materials Production Target
NCM(A)
NCA
LFP/High Manganese
(Units: 1K tons)
Anode Materials Production Target
Natural Graphite
Artificial Graphite
Silicon Anode Material
(Units: 1K tons)
NCM(A): nickel/cobalt/manganese and aluminum cathode material
NCA: nickel/cobalt/aluminum cathode material
LFP: lithium iron phosphate cathode material
2030 Battery Materials Production Target
We aim to scale our annual production capacity to 1 million tons of cathode and to 370,000 tons of anode materials by 2030.
Raw Materials
Li Lithium 423,000 tons
Ni Nickel 240,000 tons
Battery Materials
+
Cathode
Materials
1 million
tons
-
Anode
Materials
370,000
tons