POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Wednesday it has secured a 1.8 trillion-won ($1.3 billion) deal to supply high-nickel cathode materials for electric vehicle batteries. The Korean company did not elaborate on the details of the deal in accordance with a confidentiality agreement with its client, according to its officials. The value of the deal accounted for 38.8 percent of POSCO Future M's annual sales for last year.    (ICE SEOUL)

Fonte notizia: The Korea Times