Posco Chemical is the main supplier of anode and cathode materials for Korean battery companies such as LG Chemical, Samsung SDI and SKI, and its largest shareholder is South Korean steel giant Posco Iron and Steel Group.
Posco Chemical is a subsidiary of South Korean steel giant Posco Steel Group. In May and July of 2022, Posco Chemical successively signed long-term orders with General Motors for cathode materials with a total value of 22. 16 trillion won.