POSCO Future M begins construction of LFP cathode plant

Published: Jun 1, 2026 15:07

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POSCO Future M announced on May 28 that CNP New Materials Technology, its joint venture with FINO and CNGR, held a safety ceremony and began construction of an LFP cathode plant at the Yeongilman 4 General Industrial Complex in Pohang.

The plant is scheduled to begin mass production in 2027. Production capacity will be gradually expanded in line with market demand, with plans to increase annual capacity to up to 50,000 mt.

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