Samsung SDI Signs 3-Year Long-Term Agreement With Korean Company For LFP Cathode Material Supply

Published: Mar 27, 2026 14:17

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Recently, L&F signed a lithium iron phosphate cathode material supply agreement with Samsung SDI, with a contract value of approximately 1.6 trillion Korean Won. The supply period under the agreement is from 2027 to 2029. It is noteworthy that L&F, as a South Korean battery material company, claims to be the first non-Chinese company to invest in LFP cathode material production. It is currently constructing an LFP production line with an annual capacity of 60,000 tons. The first phase, planned to have an annual capacity of 30,000 tons, is scheduled for completion in April 2026, with large-scale mass production expected to begin as early as the third quarter of 2026.

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