Posco Future M cuts Samsung SDI supply contract amount to KRW 21.25 trillion in correction filing

Bitget2026/10/06 08:39

Posco Future M revised its long-term battery materials supply contract with Samsung SDI, reflecting a shift of some NCA cathode volumes to LFP. Contract value reset to KRW 21.25 trillion from KRW 40.03 trillion, mainly due to lower lithium-linked pricing. Agreement runs from Jan. 30, 2023 to Dec. 31, 2032; no deposit or advance payment. Updated contract value equals 1,068.0% of 2021 consolidated revenue; FX conversion used KRW 1,358.5 per US$1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Posco Future M Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261006800617), on October 06, 2026, and is solely responsible for the information contained therein.

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