Gwangyang-si Holds Executive Meeting with Secondary Battery Material Companies

Listening to Business Leaders' Opinions for Fostering the Secondary Battery Industry

Gwangyang City in Jeollanam-do announced that it held a meeting with executives of secondary battery material companies at the city hall reception room on the 21st.

The meeting was attended by 11 executives from the POSCO Group's secondary battery division, providing an opportunity to listen to company requests and discuss cooperation for the designation of a secondary battery opportunity development special zone.

The participating companies included POSCO Future M, SNNC, POSCO MC Materials, POSCO HY Clean Metal, POSCO Phil Bar Lithium Solution, P&OChemical, POSCO GYR Tech, and POSCO GY Solution, all of which have factories located within the Gwangyang industrial complex.

The meeting began with a presentation on Gwangyang City's plans to foster the secondary battery industry and designate the opportunity development special zone, followed by listening to the companies' requests. They also discussed cooperation measures between companies and local governments to become a leading hub in the secondary battery industry.

Jung In-hwa, Mayor of Gwangyang City, stated, “The secondary battery material industry is a massive trend in the carbon-neutral era, and from Gwangyang City's perspective, it has an inseparable relationship with the POSCO Group,” adding, “We will develop the secondary battery material industry together with the POSCO Group.”

Kim Jun-hyung, CEO of POSCO Future M Co., Ltd., responded with investment plans, saying, “We appreciate the mayor's proactive efforts, including directly visiting Korea Electric Power Corporation to resolve power issues in the industrial complex,” and “We will promote a steel mill byproduct-based linked activated carbon manufacturing project in the Dongho area of the national industrial complex together with Gwangyang City.”

Meanwhile, POSCO Future M's cathode material production plant, the world's largest single-factory facility, was comprehensively completed last November in the Yulchon 1 Industrial Complex in Gwangyang City. The Gwangyang plant produces 90,000 tons of cathode materials annually, enough to supply batteries for approximately one million high-performance electric vehicles, representing large-scale investment and growth.

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