POSCO Chemical Participates in InterBattery... Showcasing Complete Range of Anode and Cathode Materials Products

Introduction of Various Products Responding to High Performance of Electric Vehicles

POSCO Chemical will participate in 'InterBattery 2023,' held from the 15th to the 17th at COEX in Gangnam-gu, Seoul, showcasing various battery materials and next-generation material technologies based on its 'full portfolio strategy.'

POSCO Chemical is the only company in Korea that produces both cathode and anode materials. They have set up an exhibition booth in a 270㎡ space to allow visitors to directly experience a variety of cathode and anode products, the value chain from 'raw materials-material production-recycling,' and next-generation technologies.

As battery materials are becoming more segmented according to the high performance of electric vehicles and diverse customer needs, POSCO Chemical will introduce the current status of building a full portfolio covering the entire range of cathode and anode products at this exhibition.

Aerial view of POSCO Chemical's InterBattery 2023 exhibition booth [Photo by POSCO Chemical]

As the only domestic company producing high-nickel NCM, NCMA, and NCA cathode materials and supplying them to global automakers and battery companies, POSCO Chemical will showcase not only high-nickel cathode materials that can increase energy density but also lithium iron phosphate (LFP) cathode materials for mass-market electric vehicles, and cobalt-free and high-manganese cathode materials that enhance price competitiveness by increasing the proportion of nickel and manganese instead of cobalt.

They will also exhibit natural graphite, artificial graphite, low-expansion anode materials, and silicon anode materials currently being developed as next-generation materials to increase energy density. The exhibition will introduce the development status of high-performance cathode materials for all-solid-state batteries and lithium metal anode materials that can improve electric vehicle safety. Anode materials are crucial as they determine battery life and charging performance.

With the recent implementation of the Inflation Reduction Act (IRA) in the United States and other policies strengthening domestic supply chains, POSCO Chemical's exhibition, as the only domestic producer of both cathode and anode materials, is expected to attract significant attention from global customers and visitors.

Additionally, POSCO Group's unique value chain?from raw material procurement at mines to material production and recycling?will be displayed as a model to enhance visitors' understanding. This exhibit allows a comprehensive view of the process technologies for producing high-quality materials and the group's inherent competitiveness in internalizing cathode raw materials such as lithium and nickel, and anode raw materials such as graphite and needle coke.

Furthermore, ESG management achievements such as the 2035 battery material carbon neutrality roadmap, responsible mineral management, and acquisition of environmental product declarations for battery materials will be exhibited using graphics and QR codes.

Posco Battery Pack Concept (PBP-EV) for Electric Vehicles. From the left, 1st Generation Steel Concept (2018), 2nd Generation Steel Concept (2020), 2.5 Generation Multi-Material Concept (2021) models
[Photo by Posco Group]

At this exhibition, visitors can also see the multi-material battery pack developed by POSCO Group. Multi-material refers to combining different materials to develop high-strength and lightweight materials. POSCO Group has developed a POSCO-type multi-material battery pack composed of steel and aluminum, contributing to improved electric vehicle driving range and safety.

Kim Jun-hyung, CEO of POSCO Chemical, stated, “We are focusing on building a global battery material ecosystem, diversifying products, and developing next-generation materials based on a stable raw material supply chain.” He added, “We will lead market and technological changes not only through the future transformation of POSCO Group as a representative eco-friendly future materials company but also by achieving carbon neutrality through the spread of eco-friendly mobility.”

This content was produced with the assistance of AI translation services.