Latest Developments in Korea Silicon Anode Material Battery Market

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Latest Developments in Korea Silicon Anode Material Battery Market

  • Semiconductors and Electronics
  • Oct 2021
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In February 2023, OSCO Future M announced a 300 billion KRW investment to build a 5,000-ton capacity silicon anode materials plant in Pohang. The facility aims to enhance the company's production capabilities in silicon-based anode materials.
  • October 2023, POSCO Silicon Solution, an affiliate of POSCO Holdings, plans to increase its silicon anode materials production capacity to 22,000 tons by 2030. This expansion is part of POSCO's strategy to strengthen its position in the silicon anode market.
  • October 2023, Daejoo Electronic Materials plans to ramp up its annual silicon anode production capacity to 10,000 tons by the end of 2024, up from the current 2,000 tons. The company is investing in new facilities and production lines to meet growing demand.
  • July 2023, OCI Co. signed a long-term supply contract with UK-based Nexeon Ltd. for silane, a key raw material for silicon anodes. OCI plans to establish a new plant in Gunsan with an annual production capacity of 1,000 tons to support this venture.