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POSCO Future M partners with U.S. startup to develop advanced battery materials | Yonhap News Agency

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March 19, 2026, 5:05 AM 6 min read 38 views

Summary

Under the agreement with cleantech firm Molten Industries, POSCO Future M aims to strengthen its anode materials supply chain by combining its own anode technologies with Molten's methane-based graphite production technology, the company said in a press release. The company said it will process graphite produced by Molten through methane pyrolysis into spherical graphite, which will be used to manufacture natural graphite anodes at its plant in Sejong, about 110 kilometers south of Seoul. "We have largely depended on mined graphite, but this partnership will allow us to secure key battery materials by integrating the technologies of both companies and diversifying our raw material supply chains," said Hong Young-jun, head of POSCO Future M's technology research laboratory. Hong Young-jun (L), head of POSCO Future M's technology research laboratory, and Caleb Boyd, chief technology officer of Molten Industries, pose after signing a memorandum of understanding on advanced battery materials development at the COEX exhibition hall in Seoul on March 11, 2026, in this photo provided by the Korean company. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker POSCO Future M partners with U.S. battery startup for advanced materials development POSCO Future M swings to profits in 2025 Keywords #POSCO Future M-US startup Articles with issue keywords Most Liked Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 16th Gwangju Biennale: You must change your life Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Police vow zero tolerance for terror threats against BTS comeback concert Most Saved Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 16th Gwangju Biennale: You must change your life (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (2nd LD) N. Korea's national sports festival Buddhist monks' anti-war rally Buddhist monks' anti-war rally prev POSCO Future M partners with U.S. startup to develop advanced battery materials Next POSCO Future M partners with U.S. startup to develop advanced battery materials

## Summary
Under the agreement with cleantech firm Molten Industries, POSCO Future M aims to strengthen its anode materials supply chain by combining its own anode technologies with Molten's methane-based graphite production technology, the company said in a press release. The company said it will process graphite produced by Molten through methane pyrolysis into spherical graphite, which will be used to manufacture natural graphite anodes at its plant in Sejong, about 110 kilometers south of Seoul. "We have largely depended on mined graphite, but this partnership will allow us to secure key battery materials by integrating the technologies of both companies and diversifying our raw material supply chains," said Hong Young-jun, head of POSCO Future M's technology research laboratory. Hong Young-jun (L), head of POSCO Future M's technology research laboratory, and Caleb Boyd, chief technology officer of Molten Industries, pose after signing a memorandum of understanding on advanced battery materials development at the COEX exhibition hall in Seoul on March 11, 2026, in this photo provided by the Korean company. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker POSCO Future M partners with U.S. battery startup for advanced materials development POSCO Future M swings to profits in 2025 Keywords #POSCO Future M-US startup Articles with issue keywords Most Liked Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 16th Gwangju Biennale: You must change your life Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Police vow zero tolerance for terror threats against BTS comeback concert Most Saved Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 16th Gwangju Biennale: You must change your life (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (2nd LD) N. Korea's national sports festival Buddhist monks' anti-war rally Buddhist monks' anti-war rally prev POSCO Future M partners with U.S. startup to develop advanced battery materials Next POSCO Future M partners with U.S. startup to develop advanced battery materials

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SEOUL, March 19 (Yonhap) -- POSCO Future M Co., the battery materials subsidiary of POSCO Holdings Inc., said Thursday it has signed a memorandum of understanding (MOU) with a U.S. startup to jointly develop advanced battery materials.
Under the agreement with cleantech firm Molten Industries, POSCO Future M aims to strengthen its anode materials supply chain by combining its own anode technologies with Molten's methane-based graphite production technology, the company said in a press release.
The company said it will process graphite produced by Molten through methane pyrolysis into spherical graphite, which will be used to manufacture natural graphite anodes at its plant in Sejong, about 110 kilometers south of Seoul.
"We have largely depended on mined graphite, but this partnership will allow us to secure key battery materials by integrating the technologies of both companies and diversifying our raw material supply chains," said Hong Young-jun, head of POSCO Future M's technology research laboratory.
Molten Industries, based in California, is currently the only company capable of producing graphite using methane pyrolysis technology, according to POSCO Future M.
Hong Young-jun (L), head of POSCO Future M's technology research laboratory, and Caleb Boyd, chief technology officer of Molten Industries, pose after signing a memorandum of understanding on advanced battery materials development at the COEX exhibition hall in Seoul on March 11, 2026, in this photo provided by the Korean company. (PHOTO NOT FOR SALE) (Yonhap)
kyongae.choi@yna.co.kr
(END)
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## Expert Analysis

### Merits
- Korea committed to expanding nuclear, missile programs; poses 'significant' threats to S.

### Areas for Consideration
- Hong Young-jun (L), head of POSCO Future M's technology research laboratory, and Caleb Boyd, chief technology officer of Molten Industries, pose after signing a memorandum of understanding on advanced battery materials development at the COEX exhibition hall in Seoul on March 11, 2026, in this photo provided by the Korean company. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) POSCO Future M wins 1 tln-won battery material supply deal from global automaker POSCO Future M partners with U.S. battery startup for advanced materials development POSCO Future M swings to profits in 2025 Keywords #POSCO Future M-US startup Articles with issue keywords Most Liked Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 16th Gwangju Biennale: You must change your life Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Police vow zero tolerance for terror threats against BTS comeback concert Most Saved Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 16th Gwangju Biennale: You must change your life (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (2nd LD) N.

### Implications
- OK SEOUL, March 19 (Yonhap) -- POSCO Future M Co., the battery materials subsidiary of POSCO Holdings Inc., said Thursday it has signed a memorandum of understanding (MOU) with a U.S. startup to jointly develop advanced battery materials.
- Under the agreement with cleantech firm Molten Industries, POSCO Future M aims to strengthen its anode materials supply chain by combining its own anode technologies with Molten's methane-based graphite production technology, the company said in a press release.
- The company said it will process graphite produced by Molten through methane pyrolysis into spherical graphite, which will be used to manufacture natural graphite anodes at its plant in Sejong, about 110 kilometers south of Seoul. "We have largely depended on mined graphite, but this partnership will allow us to secure key battery materials by integrating the technologies of both companies and diversifying our raw material supply chains," said Hong Young-jun, head of POSCO Future M's technology research laboratory.
- Molten Industries, based in California, is currently the only company capable of producing graphite using methane pyrolysis technology, according to POSCO Future M.

### Expert Commentary
This article covers posco, future, korea topics. Notable strengths include discussion of posco. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 557.
posco future korea battery materials seoul graphite startup

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