Posco Future M has broken ground on a dedicated LFP (lithium iron phosphate) cathode materials plant, stepping up its push into materials for energy storage systems and electric vehicles. Its joint venture with Pino and CNGR began construction after holding a safety ceremony in Pohang on May 28. The plant targets mass production in 2027 and plans to expand capacity in stages to as much as 50,000 tonnes a year.

About 67 million people in the United States hold cryptocurrencies, or about 1 in 4 adults, as ownership spreads rapidly, the National Cryptocurrency Association said, citing a survey of 10,000 adults conducted with Harris Poll. New holders rose by 12 million, it said. The figures come as Congress considers the 2025 Digital Asset Market Clarity Act, which would split oversight between the CFTC and the SEC and has moved out of the Senate Banking Committee.