Faster global financial news!
SK On and POSCO Future M signed a 1.1 trillion won LFP material supply agreement, aiming to build a US ESS supply chain that excludes China.
South Korean battery manufacturer SK On has signed a 1.1 trillion won (approximately $815 million) agreement with Posco Future M to supply lithium iron phosphate (LFP) cathode materials. Under the agreement signed on Tuesday, Posco Future M will supply LFP cathode materials to SK On over three years from 2027 to 2029. SK On stated that this move aims to build a China-free supply chain for its U.S. energy storage system (ESS) market and will use these materials to produce LFP batteries for ESS applications at its Georgia factory.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Korea Herald商业 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Russia launched a massive attack on Ukraine, killing at least 3 people and cutting power to nearly 100,000 residents in the Chernihiv region.
-
2
Goldman Sachs analysts say Turkish investors are primarily moving funds withdrawn during the redemption crisis into Lira deposits.
-
3
LIC reportedly leads bidding in NSE's $2.4 billion India IPO
-
4
US lithium recycler R3 Lithium eyes Vietnam battery business, in talks with auto, electronics firms and government
-
5
Two oil tankers were attacked in the Strait of Hormuz, after Iran claimed to have received intelligence that the US was planning new attacks.
-
6
Natural gas is up 5.96% today, currently trading at $3.005.
-
7
Jefferies: Meta AI agent Muse goes viral, AI PCB market size expected to reach $73 billion by 2030, ABF substrate to reach $30 billion.
-
8
Spot Bitcoin ETFs attracted nearly $1 billion in inflows on Monday, marking their largest single-day inflow since October 6, 2025, and the ninth largest inflow ever.
-
9
South Korea's antitrust regulator opens preliminary review of Uber's planned $13.7B acquisition of Delivery Hero
-
10
Bitcoin ETF flows fluctuate, price breaks $85,000: What does the second half of the bull run hold?
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
