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Industry

Global regulation outpaces plant buildout, speeding up Korean anode materials shift

Korean anode materials makers are accelerating plans to localise synthetic graphite as a U.S. route for Chinese graphite shifts from high tariffs to tax credit eligibility requirements. With capacity expansions and long-term supply contracts largely concentrated in 2027, domestic cell makers have limited options to replace Chinese materials before then. Import prices have fallen, but U.S. 45X rules on prohibited foreign entities tighten from 2026.

Industry

POSCO Future M completes approval for investment in Vietnam anode material plant

POSCO Future M will build its first overseas production base for synthetic graphite anode materials in Vietnam after receiving an investment registration certificate from Thai Nguyen province at a Korea-Vietnam business forum in Hanoi. The company plans to invest about 357 billion won, break ground on a first-phase plant in the second half of this year at the Song Cong 2 industrial complex, and begin mass production in 2028. It said it has secured customers for the first-phase volume.

Industry

POSCO Future M restores biodiversity at Naengcheon stream in Pohang

POSCO Future M carried out employee volunteer work on April 22 to help restore the ecosystem of Naengcheon stream in Pohang. About 40 employees and family members made seed balls by mixing loess and seeds and threw them across the area, which is being restored after typhoon damage in 2022. The activity was part of the company’s “Future M Nature Guard Day” programme aimed at biodiversity restoration and environmental clean-up.