L&F Signs 3.5 Trillion KRW Supply Deal for High-Nickel Cathode Materials with Global OEM

Reporter Kim Jisun / approved : 2025-03-12 03:54:56
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[Alpha Biz= Kim Jisun] L&F announced on the 11th that it has signed a mid-to-long-term supply contract worth 3.5184 trillion KRW with a global original equipment manufacturer (OEM) for high-nickel cathode materials.


However, details such as the contracting party, supply region, and contract period remain undisclosed. An L&F representative stated, "Due to confidentiality clauses in the agreement, we cannot disclose specific details."


The product covered in the supply contract is an ultra-high-nickel cathode material with a 95% nickel content, which was recognized for its innovation at InterBattery 2025, Korea’s largest battery exhibition.


It is highly likely that this material will be supplied for use in 46mm-diameter (46Φ) battery cells.

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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