Posco Future M (KRX:003670) has secured a 1.074 trillion won contract to provide LFP cathode material for secondary batteries to SK On, according to a bourse filing on Tuesday.

The contract period runs from Jan. 1, 2027, to Dec. 31, 2029, with the possibility of extending the supply period to Dec. 31, 2031, through future consultation with the customer.

The contract covers supply to markets including the U.S., requires no deposit or advance payment, and payment will be collected according to sales progress.