South Korean battery materials company POSCO Future M has reported progress in developing lithium-manganese-rich (LMR) cathode materials. After completing pilot production, the company is now preparing for mass production, intending to use existing production lines for nickel-cobalt-manganese (NCM) cathodes to minimize the need for additional investments. No details have been provided regarding specific production sites.
Energy density, charging cycles, thermal stability
The development of these materials was carried out in collaboration with the research center of its parent company, Posco Holdings. Development focused on energy density, charging cycles, and thermal stability. According to Posco Future M, the company has been collaborating with international battery and vehicle manufacturers since 2023 to advance the industrialization of its technology. Pilot production took place in 2024, and the goal is to begin larger-scale production in 2025. Due to its reduced cobalt and nickel content as well as increased manganese content, the raw material composition promises cost advantages compared to traditional cell chemistries.
LMR cathode demand is on the rise
Demand for LMR cathodes is growing, especially given regulatory requirements in the United States. Additionally, vehicle manufacturers are looking for alternatives to Chinese supply chains. Thus, General Motors is planning to use LMR cells starting in 2028, and Ford is testing its own versions for a market launch before 2030.
