Industry

Posco Future M, LG Energy Solution agree on 7-year supply of 720,000 tonnes, expand LFP and synthetic graphite

Posco Future M said it signed a future cooperation memorandum of understanding with LG Energy Solution to broaden cooperation on battery materials. The scope includes LFP cathode materials and synthetic graphite anode materials, as well as next-generation products such as ultra high-nickel cathodes, sodium-ion batteries and silicon anodes. Under the agreement, Posco Future M plans to supply a total of 720,000 tonnes of cathode and anode materials over seven years from 2027 to 2033.

People

Samsung SDI wins government awards for cathode materials in-house push, high-safety battery development

Two Samsung SDI researchers have received government citations for contributions to the development of South Korea\'s battery industry, the company said. Kim Young-gi (김영기) won a prime minister\'s award for work on cathode materials, including in-house production of lithium cobalt oxide and development of lithium iron phosphate for energy storage systems. Yoo Hee-eun (유희은) received an industry minister\'s award for leading development of a high-safety battery and high-density electrodes.