POSCO Group purchases 100% stake in silicon anode startup

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

Create Account. Already Registered? Log In

Virtual Conference on EV Engineering: Free to Attend

Don't miss our next Virtual Conference on October 17-20, 2022. Register for the free webinar sessions below and reserve your spot to watch them live or on-demand.