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Posco Future M to build new NCA cathode material plant in Pohang, South Korea

Posco Future M Co., Ltd. (Posco Future M) announced a plan to build a new plant dedicated to the production of nickel cobalt aluminum (NCA) cathode materials in Pohang, Gyeongsangbuk-do, investing KRW 392 billion (JPY 39.2 billion). In January 2023, the company signed a KRW 40 trillion contract with Samsung SDI Co., ....

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