Amidst a significant shift in the global clean energy supply chain, POSCO Future M (a subsidiary of South Korea’s POSCO Group) has officially selected the Song Cong 2 Viglacera Industrial Park in Thai Nguyen Province, northern Vietnam, as the site for its first large-scale battery materials plant in the country. Notably, this facility marks POSCO’s first overseas production base for cathode materials.

The signing ceremony for the in-principle land lease agreement at Song Cong 2 Viglacera IP took place on April 9.

Speaking at the event, a representative from POSCO Future M highlighted that the company is the only entity in South Korea capable of simultaneously producing both cathode and anode materials, serving as a vital link in the global supply chains of leading electronics and electric vehicle (EV) corporations.

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