- Battery Cathode Material Industry Hit by Plummeting Key Mineral Prices, Oversupply of Lithium...
According to Korea Resource Information Service, L&F is likely to turn to a loss in the third quarter of this year due to the sharp decline in lithium prices. Analyst Kim Hyun-soo from Hana Securities stated, "Despite an increase in shipments in the third quarter, L&F's inventory assets are affected by the drop in lithium prices..."
businesspostOct 30, 2026
- POSCO Future M Supplies LFP Cathodes to LG Energy Solution, Secures Contracts with Three Domestic Companies
Similarly, domestic company L&F, which is also mass-producing LFP cathodes, has secured contracts with Samsung SDI and SK On, and is reportedly in discussions to supply LG Energy Solution. POSCO Future M is enhancing battery fast charging performance and lifespan...
zdnetOct 30, 2026
- SK On Reduces Losses and Accelerates Structural Improvement... Establishes 'Second Growth Axis' with ESS
L&F has signed a supply contract for cathode materials with POSCO Future M. It has secured North American customers while simultaneously building a supply chain for materials, laying the groundwork for its ESS business. ▲SK On Energy Storage System (ESS)/Photo provided by Yonhap News Agency Product Competitiveness...
socialvalueOct 30, 2026
- ELAND 2.88% Drop to 81,000 Won... Recovery of Cathode Material Utilization Key
As of 3:07 PM on the 30th, ELAND was priced at 81,000 won in the KOSDAQ market, a decrease of 2,400 won compared to the previous day. ELAND primarily produces high-nickel cathode materials for electric vehicles and is expanding its product line with LFP materials. Battery...
job-postOct 30, 2026
- Power Grid Breaks Through EV Chasm… New Landscape for ESS with Samsung SDI and Others
In March, a long-term supply contract worth 1.6 trillion KRW for LFP cathodes was established with cathode manufacturer L&F, creating a stable raw material supply system that bypasses North American regulations. Additionally, it is equipped in AI data center server racks for emergencies...
impactonOct 30, 2026