POSCO Future M, Hyundai Motor Group explore Vietnam anode investment

Korea Times News ·
Business Mergers & Acquisitions Vietnam

POSCO Future M said Tuesday that it had signed a letter of intent with Hyundai Motor Group to explore investment and business cooperation in its artificial graphite anode material project in Vietnam, aiming to strengthen the global battery supply chain. Under the agreement, Hyundai Motor Group will consider an equity investment of around 100 billion won ($74.6 million) in the project and seek…

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