POSCO FUTURE M Sejong Anode Material Production Plant 2

The Sole Natural Anode Production Facility in Korea
 

POSCO Group holds a unique comprehensive value chain on a global scale, which is capable of providing everything from raw materials, such as lithium and nickel for secondary battery substances, to the final components, including anode and cathode materials.

The lithium-ion battery, which presently holds a dominant position in the battery market, is comprised of four pivotal elements: cathode, anode, electrolyte, and separator. This device transforms chemical energy into electrical energy via an 'oxidation-reduction reaction' between cathode (+) and anode (-) substances.

In simple terms, when the lithium ions shift from the cathode to the anode, the battery is charged. In contrast, when these lithium ions make their way back from the anode to the cathode, the battery discharges.

* Oxidation-reduction reactions are phenomena that involve the 'movement of charge (e-)' between reacting substances. The party losing electrons is said to be 'oxidized', while the party gaining electrons is considered 'reduced’.

The anode material, a critical component, holds a significant influence on the battery's charge speed, stability, and lifespan, and represents approximately 17% of the total battery manufacturing cost. POSCO Group is targeting an ambitious annual production of 320,000 tons of anode material by the year 2030.

In pursuit of this production objective, POSCO E&C has successfully constructed a phase 1 facility within the Sejong Advanced Industrial Complex. This facility has an annual output of 20,000 tons of natural anode material, and the company is currently in the process of expanding a phase 2 facility that can produce 25,000 tons.

POSCO E&C is maximizing the efficiency of construction projects through interdisciplinary reviews utilizing Smart Construction based on BIM. Moreover, it's solidifying its EPC capacities for anode factories, the future growth engine for the group, through collaborations with various group entities including POSCO FUTURE M and POSCO A&C.

 

[Overview of POSCO FUTURE M's Sejong Anode Material Production Plant 2 Phase 1, Photo source = POSCO FUTURE M]

 

  • Period
    Period
    2019.12 - 2023.08
  • Place of order
    Place of order
    POSCO FUTURE M
  • Construction details
    Construction details
    - Capacity
    * Phase 2-1: Annual output of 20,000 tons
    * Phase 2-2: Annual output of 25,000 tons (Currently expanding)
  • Location
    Location
    Sejong Advanced Industrial Complex

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