Market Chatter: Posco Future Mulls Selling Gumi Cathode Materials Plant

MT Newswires Live

Jan 27, 2025

South Korean chemical company Posco Future M (KRX:003670) is considering selling its 10,000-ton capacity cathode materials plant in Gumi, Pulse News reported Friday, citing industry sources.

A company representative confirmed that the firm was exploring options for the plant's future use.

Established in 2012, the plant focused on lithium manganese oxide and nickel-cobalt-manganese cathode production but has been overshadowed by newer facilities in Gwangyang, Pohang, and joint ventures abroad, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKG","symbol_name":"ARK Genomic Revolution ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506839021","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506839021","pubTimestamp":1737940825,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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