L&F Secures KRW 1.6 Trillion LFP Cathode Supply Deal with Samsung SDI

Published: Mar 24, 2026 16:56

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According to a regulatory filing on the 24th, L&F announced that it signed a mid- to long-term supply agreement for lithium iron phosphate (LFP) cathode materials with Samsung SDI on the 23rd.
The contract is valued at KRW 1.6067 trillion, equivalent to approximately 84.23% of L&F’s recent annual revenue of KRW 1.9074 trillion. The supply will primarily target North America, including the United States, with the contract period running from March 30 through Dec. 31, 2029.

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