Global materials firm POSCO Group has purchased a 100% stake in the startup silicon anode materials company Tera Technos, according to Business Korea.

“The startup’s continuous production technology is said to be capable of increasing productivity three times compared to existing batch technology,” Business Korea reported. “It also developed a technology that can increase silicon content in anode materials by using nano-sized silicon particles.”

POSCO Holdings is aiming to extend Tera Technos’s production facilities in 2022, to start selling silicon anode materials within the first half of 2024, and to raise its production capacity to tens of thousands of tons by 2030.

Source: Business Korea