Posco Future M signs KRW1.1 trillion LFP cathode deal with SK On
Posco Future M has signed a major lithium iron phosphate (LFP) cathode materials supply contract with SK On covering 2027 to 2029. The deal is worth about KRW1.1 trillion (US$810 million).
- Contract covers LFP cathode supply from 2027 to 2029
- Deal value is about KRW1.1 trillion (US$810 million)
- Buyer is battery maker SK On
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