Posco to invest in global artificial graphite anode plant in Vietnam [Yahoo! Finance]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
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Source: Yahoo! Finance
Posco Future M Company, the battery materials subsidiary of South Korea's Posco Holdings, announced plans to invest KRW 357 billion (US$ 239 million) in a new facility in Vietnam for the production of artificial graphite anode materials for electric vehicle (EV) batteries, following reports of a KRW 1 trillion (US$ 670 million) five-year supply contract with an unnamed global automaker. Artificial graphite anodes are key battery components that help speed up charging performance and extend battery life. Posco confirmed that the new facility will be built in Thai Nguyen, an industrial city in the north of the country, which is expected to “enhance its quality and cost competitiveness, while expanding production capacity as its global orders continue to increase.” The company confirmed that it has been in ongoing discussions with multiple customers regarding the supply of artificial graphite anode materials and is now “making a strategic investment to scale up production capacity a
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- 2/23/26 - Form 6-K/A
- 2/19/26 - Form 6-K
- 2/19/26 - Form 6-K
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