[South Korean Enterprises Mass-Produce LFP ESS Batteries in the US] A South Korean battery manufacturing and trading enterprise recently announced that it had signed a memorandum of understanding with L&F, a South Korean battery materials manufacturer, regarding the supply of LFP cathode materials for the North American market. According to the agreement, both parties will negotiate specific details such as supply volume and delivery cycles to establish a medium and long-term partnership. The enterprise stated that this collaboration aims to actively respond to the soaring demand for LFP batteries in the US market, with a focus on enhancing its competitiveness in the rapidly growing ESS sector. Currently, the enterprise operates two battery factories in the US and is jointly constructing four new factories with partners. Once fully operational, its annual production capacity in the US will exceed 180 GWh.