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StocksMediumUpdated•Originally published 23 March 2026•Updated 25 March 2026•
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POSCO Secures KRW 1 Trillion Deal for EV Battery Anode Materials

Key Facts

1POSCO (PKX) secured a deal worth KRW 1.01 trillion to supply anode materials for EV batteries.
2The agreement aims to boost the company's EV battery ambitions and accelerate its global expansion in high-performance materials.
3This deal is part of POSCO's strategy to increase production capacity in response to rising demand for EV components.

POSCO Holdings (PKX) has announced a major supply contract worth approximately 1.01 trillion KRW for anode materials used in electric vehicle (EV) batteries. In a further strategic move, the company has partnered with Molten to develop graphite anode materials using methane to reduce costs and carbon emissions. This collaboration represents a push into next-generation materials to enhance sustainability and meet rising demand for high-performance components. These developments align with POSCO's broader strategy to aggressively expand its production capacity in the global battery materials sector. Analysts view these steps as key drivers for future revenue growth as the automotive industry shifts toward electrification. Investors are closely monitoring the impact on related instruments such as the Global X Lithium & Battery Tech ETF (LIT) and the iShares MSCI South Korea ETF (EWY).