POSCO Future M inks KRW 1.1 trillion LFP cathode deal with SK On

POSCO Future M, a unit of POSCO Holdings, signed a contract to supply SK On with LFP cathode materials worth approximately KRW 1.1 trillion. The deal, spanning 2027-2029, includes an option to extend by two years. This marks POSCO Future M's first cathode-material supply to SK On, building on an existing anode-materials relationship.