LS-L&F Battery Solution to Begin Commercial Precursor Production in Fourth Quarter

Published: Jul 10, 2026 14:29

Save

LS-L&F Battery Solution (LLBS) announced that it will officially commence commercial production at its precursor plant in Saemangeum, South Korea, in the fourth quarter of 2026. The joint venture is 55%-owned by LS Corp. and 45%-owned by L&F, and has completed construction of a nickel-cobalt-manganese (NCM) precursor facility with an annual production capacity of 40,000 tonnes. Precursors are key intermediate materials used in cathode production, made from metal raw materials such as nickel, cobalt and manganese. They account for approximately 70% of cathode manufacturing costs and play a crucial role in determining battery performance and production costs. Meanwhile, LS MnM, another subsidiary of LS Corp., also plans to complete construction and commence operations at its battery materials plant in Onsan, South Korea, later this year. The facility will primarily produce metal sulfates, including nickel sulfate, which serves as a key raw material for ternary battery precursors.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

46 mins ago

[SMM Analysis] Separator Market 2026 Semi-Annual Review: Supply-Demand Pattern Tightens Marginally, Price Center Gradually Moves Up

Production-wise, China's cumulative production of lithium battery separators from January to June was approximately 17.416 billion m², of which wet-process separators accounted for 15.005 billion m², or 86.16%, and dry-process separators accounted for 2.411 billion m², or 13.84%.

46 mins ago

52 mins ago

【SMM Analysis】2026 H1 Lithium Carbonate Market Review and H2 Outlook

From a supply-demand balance perspective, China's lithium carbonate market exhibited a tight balance in H1 2026, with sellers and buyers continuously seeking new equilibrium points amid bargaining.

52 mins ago

1 hour ago

H1 Refined Cobalt Price Surged over 97% YoY; Demand Remains the Current Focus; What Can the Market Expect Going Forward? [Weekly Observation]

1 hour ago