Samsung SDI secures ten years of cathode supply with $33 billion Posco deal
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South Korea’s Posco signed a $33 billion, ten-year contract with Samsung SDI for high-nickel cathodes, a move that helps the battery maker secure supplies to compete with bigger rivals LG Energy Solution and SK Innovation. The 40 trillion won contract, also the largest for Posco, would see the company begin supplying high-nickel cathode material to […]