POSCO DX announced that it will manage the construction of the overall infrastructure of POSCO Future M’s Cathode Material Phase 2 Plant in Pohang City. 

POSCO DX will be responsible for building an overall system including infrastructure such as control facilities, integrated manufacturing execution systems (MES), and automated warehouses for producing cathode materials, and the total order amount is KRW 116 billion. 

The Pohang Cathode Material Phase 2 Plant to be constructed by POSCO Future M until January 2025 can produce 209,500 tons of high-nickel NCA (nickel, cobalt, and aluminum) cathode materials annually. At the same time, POSCO Future M plans to begin construction of the Phase 2-2 expansion to produce 406,300 tons of high-nickel NCMA (nickel, cobalt, manganese, and aluminum) cathode materials annually to be completed in August 2025. 

Last July, POSCO Holdings held the 2nd Value Day for the POSCO Group’s Secondary Battery Materials Business to announce the Group's growth vision and the goals of the secondary battery materials business and declared a total sales target of KRW 62 trillion—including KRW 13.6 trillion for lithium, KRW 3.8 trillion for nickel, KRW 36.2 trillion for cathode materials, and KRW 5.2 trillion for cathode materials—in 2030. 

POSCO DX supplies smart factory systems that apply automation facilities and control systems, integrated production management systems, warehouse automation, and industrial robots installed in factories constructed by the POSCO Group to produce secondary battery materials such as cathode and anode materials, lithium, and nickel. Aided by these new businesses, POSCO DX recorded cumulative sales of KRW 775.8 billion and operating profit of KRW 64.3 billion in the first half of last year, showing an improvement in business performance with both sales and operating profit increasing +65% and +98%, respectively, compared to the same period of the previous year.