(LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker | Yonhap News Agency

## Summary
OK (ATTN: ADDS more details in paras 3-4) SEOUL, March 16 (Yonhap) -- POSCO Future M Co., the battery materials unit of POSCO Holdings, said Monday it has secured a 1 trillion-won (US$668 million) contract to supply battery materials to a global automaker. Under the five-year agreement, POSCO Future M will supply synthetic graphite anode active materials to the undisclosed carmaker from 2027 through 2032, the company said in a press release. This undated file photo provided by POSCO Future M shows the production line of synthetic graphite anode active materials at its plant in Pohang, 330 kilometers southeast of Seoul. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles POSCO Future M partners with U.S. battery startup for advanced materials development POSCO Future M swings to profits in 2025 POSCO Future M invests in U.S. battery firm for all-solid-state battery partnership Keywords #POSCO Future M-deal Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N. Korea-U.S. military drills prev (LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker Next (LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker

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OK
(ATTN: ADDS more details in paras 3-4)
SEOUL, March 16 (Yonhap) -- POSCO Future M Co., the battery materials unit of POSCO Holdings, said Monday it has secured a 1 trillion-won (US$668 million) contract to supply battery materials to a global automaker.
Under the five-year agreement, POSCO Future M will supply synthetic graphite anode active materials to the undisclosed carmaker from 2027 through 2032, the company said in a press release.
The value of the deal may reach 2.2 trillion won should the deal be extended to 2038.
The customer is presumed to be Tesla, according to industry sources.
To fulfill the contract, the company plans to invest 357 billion won to build a synthetic graphite anode plant in Vietnam.
In October, POSCO Future M signed a separate 670 billion-won deal with the same automaker to supply natural graphite anodes. The company said it plans to expand the partnership to include lithium and cathode materials.
POSCO Future M currently produces cathode materials for nickel-cobalt-manganese (NCM) and nickel-cobalt-manganese-aluminum (NCMA) batteries. It plans to expand its portfolio to include lithium iron phosphate (LFP), all-solid-state batteries (ASBs) and lithium manganese-rich (LMR) batteries.
Backed by its advanced technology and expanded production capacity, the company said it is "in talks" with multiple potential customers in South Korea, the United States and the European Union to supply cathode and anode materials.
This undated file photo provided by POSCO Future M shows the production line of synthetic graphite anode active materials at its plant in Pohang, 330 kilometers southeast of Seoul. (PHOTO NOT FOR SALE) (Yonhap)
kyongae.choi@yna.co.kr
(END)
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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- This undated file photo provided by POSCO Future M shows the production line of synthetic graphite anode active materials at its plant in Pohang, 330 kilometers southeast of Seoul. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles POSCO Future M partners with U.S. battery startup for advanced materials development POSCO Future M swings to profits in 2025 POSCO Future M invests in U.S. battery firm for all-solid-state battery partnership Keywords #POSCO Future M-deal Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N.

### Implications
- OK (ATTN: ADDS more details in paras 3-4) SEOUL, March 16 (Yonhap) -- POSCO Future M Co., the battery materials unit of POSCO Holdings, said Monday it has secured a 1 trillion-won (US$668 million) contract to supply battery materials to a global automaker.
- Under the five-year agreement, POSCO Future M will supply synthetic graphite anode active materials to the undisclosed carmaker from 2027 through 2032, the company said in a press release.
- The value of the deal may reach 2.2 trillion won should the deal be extended to 2038.
- In October, POSCO Future M signed a separate 670 billion-won deal with the same automaker to supply natural graphite anodes.

### Expert Commentary
This article covers posco, future, korea topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 476.