POSCO ramps up cathode capacity ambitions to meet Tier 1 battery demand

Korea’s POSCO Chemical has completed construction of the final stage of a new 20,000 tpa high nickel NCM (nickel, cobalt, manganese) cathode production plant in Gwangyang, South Korea.

The plant began initial operations in 2019, becoming the company’s second NCM production line. According to the Benchmark Cathode Assessment the company now has total installed capacity of 35,000 tpa, with an additional 20,000 tpa facility – which POSCO is developing in partnership with Huayou –  due to begin commercial production in China by the end of 2020.

Production from the Gwangyang facility will supply into Tier . . .

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