L&F is a leading global manufacturer of cathode active materials for lithium-ion secondary batteries. The company specializes in high-energy density high-nickel NCM(A) cathode active materials and is diversifying its product portfolio with LFP cathode active materials. A key supplier of essential materials for the electric vehicle and energy storage system markets. A company focused on strengthening global market competitiveness through continuous technological innovation and expanding production capacity.L&Fisaleadingglobalmanufacturerofcathodeactivematerialsforlithium-ionsecondarybatteries.Thecompanyspecializesinhigh-energydensityhigh-nickelNCM(A)cathodeactivematerialsandisdiversifyingitsproductportfoliowithLFPcathodeactivematerials.Akeysupplierofessentialmaterialsfortheelectricvehicleandenergystoragesystemmarkets.Acompanyfocusedonstrengtheningglobalmarketcompetitivenessthroughcontinuoustechnologicalinnovationandexpandingproductioncapacity.
Key Products/TechnologiesKeyProducts/Technologies
**Ultra High-Nickel NCM(A) Cathode Active Materials**: Possessing high-nickel multi-crystalline and single-crystalline composite cathode active material technology with nickel content of 90% or more (90%, 92%, 95% or more). A core technology contributing to extended EV driving range by simultaneously achieving high energy density and stability. Development and mass production of products applicable to 46-series cylindrical batteries.**UltraHigh-NickelNCM(A)CathodeActiveMaterials**:Possessinghigh-nickelmulti-crystallineandsingle-crystallinecompositecathodeactivematerialtechnologywithnickelcontentof90%ormore(90%,92%,95%ormore).AcoretechnologycontributingtoextendedEVdrivingrangebysimultaneouslyachievinghighenergydensityandstability.Developmentandmassproductionofproductsapplicableto46-seriescylindricalbatteries.
**LFP (Lithium Iron Phosphate) Cathode Active Materials**: Developing and pursuing mass production of LFP cathode materials with excellent price competitiveness and stability. Efforts to secure a competitive edge against Chinese companies, particularly with high-compression density LFP material technology of 2.7g/cm³ class. A strategic product line for targeting the Energy Storage System (ESS) and mid-to-low-priced EV markets.**LFP(LithiumIronPhosphate)CathodeActiveMaterials**:DevelopingandpursuingmassproductionofLFPcathodematerialswithexcellentpricecompetitivenessandstability.EffortstosecureacompetitiveedgeagainstChinesecompanies,particularlywithhigh-compressiondensityLFPmaterialtechnologyof2.7g/cm³class.AstrategicproductlinefortargetingtheEnergyStorageSystem(ESS)andmid-to-low-pricedEVmarkets.
**Precursor Business**: Production of inorganic compounds and applied products, specifically precursors, through its subsidiary JH Chemical Co., Ltd.. Establishment of a stable supply chain for core cathode material components.**PrecursorBusiness**:Productionofinorganiccompoundsandappliedproducts,specificallyprecursors,throughitssubsidiaryJHChemicalCo.,Ltd..Establishmentofastablesupplychainforcorecathodematerialcomponents.
**Next-Generation Battery Material Development**: Continuous research and development for securing future growth engines such as all-solid-state battery materials, robotics, aerospace, and defense applications.**Next-GenerationBatteryMaterialDevelopment**:Continuousresearchanddevelopmentforsecuringfuturegrowthenginessuchasall-solid-statebatterymaterials,robotics,aerospace,anddefenseapplications.
Core AdvantagesCoreAdvantages
**World-Leading High-Nickel Cathode Material Technology**: First in the world to develop and mass-produce NCMA cathode materials with over 90% nickel content, securing global technological leadership. Capability to significantly improve energy density, battery life, and safety through the application of multi-crystalline and single-crystalline composite technology.**World-LeadingHigh-NickelCathodeMaterialTechnology**:Firstintheworldtodevelopandmass-produceNCMAcathodematerialswithover90%nickelcontent,securingglobaltechnologicalleadership.Capabilitytosignificantlyimproveenergydensity,batterylife,andsafetythroughtheapplicationofmulti-crystallineandsingle-crystallinecompositetechnology.
**Diversified Product Portfolio**: Alongside high-nickel NCM(A) cathode materials for the high-performance EV market, the company is developing and pursuing mass production of LFP cathode materials for the mass-market EV and ESS sectors. Establishment of a product lineup that flexibly responds to market changes.**DiversifiedProductPortfolio**:Alongsidehigh-nickelNCM(A)cathodematerialsforthehigh-performanceEVmarket,thecompanyisdevelopingandpursuingmassproductionofLFPcathodematerialsforthemass-marketEVandESSsectors.Establishmentofaproductlineupthatflexiblyrespondstomarketchanges.
**Global Supply Chain Localization and IRA Compliance**: Proactive response to US Inflation Reduction Act (IRA) regulations through the goal of local LFP cathode material production in North America by 2027. Strengthening global competitiveness by building a de-Sinicized supply chain.**GlobalSupplyChainLocalizationandIRACompliance**:ProactiveresponsetoUSInflationReductionAct(IRA)regulationsthroughthegoaloflocalLFPcathodematerialproductioninNorthAmericaby2027.Strengtheningglobalcompetitivenessbybuildingade-Sinicizedsupplychain.
**Strong Partnerships with Major Customers**: Long-term cooperative relationships with key domestic and international battery cell manufacturers such as LG Energy Solution and Samsung SDI. A critical supplier of cathode materials for Tesla's cylindrical batteries.**StrongPartnershipswithMajorCustomers**:Long-termcooperativerelationshipswithkeydomesticandinternationalbatterycellmanufacturerssuchasLGEnergySolutionandSamsungSDI.AcriticalsupplierofcathodematerialsforTesla'scylindricalbatteries.
**Continuous R&D and Innovation**: Consistent investment and effort in developing technologies that overcome battery performance limitations. Capability to lead next-generation battery technologies, including high-efficiency and composite cathode active materials.**ContinuousR&DandInnovation**:Consistentinvestmentandeffortindevelopingtechnologiesthatovercomebatteryperformancelimitations.Capabilitytoleadnext-generationbatterytechnologies,includinghigh-efficiencyandcompositecathodeactivematerials.
Target IndustriesTargetIndustries
Electric Vehicles (EVs)ElectricVehicles(EVs)
Energy Storage Systems (ESS)EnergyStorageSystems(ESS)
IT Devices (Mobile, Laptops, etc.)ITDevices(Mobile,Laptops,etc.)
Aerospace and Defense (future business expansion areas)AerospaceandDefense(futurebusinessexpansionareas)
Major MarketsMajorMarkets
South Korea (domestic market and production base), China (supply to LG Chem, etc., through subsidiary Wuxi Guangmirai New Material Co., Ltd.)SouthKorea(domesticmarketandproductionbase),China(supplytoLGChem,etc.,throughsubsidiaryWuxiGuangmiraiNewMaterialCo.,Ltd.)
Europe (pursuing contracts with battery companies and market entry)Europe(pursuingcontractswithbatterycompaniesandmarketentry)
United States (IRA response and LFP local production plans, supply to major customers)UnitedStates(IRAresponseandLFPlocalproductionplans,supplytomajorcustomers)
Certifications/PatentsCertifications/Patents
**Prime Minister's Award at the 2025 Korea Technology Awards**: Recognition for 'Ultra High-Nickel NCM(A) Cathode Active Material' technology's performance and domestic industrial impact.**PrimeMinister'sAwardatthe2025KoreaTechnologyAwards**:Recognitionfor'UltraHigh-NickelNCM(A)CathodeActiveMaterial'technology'sperformanceanddomesticindustrialimpact.
**Grand Prize in Manufacturing at the 2025 Safety Management Awards**: Awarded the Minister of Employment and Labor's prize for establishing a safety and health system and achieving accident-free performance at Gugi Plant 1.**GrandPrizeinManufacturingatthe2025SafetyManagementAwards**:AwardedtheMinisterofEmploymentandLabor'sprizeforestablishingasafetyandhealthsystemandachievingaccident-freeperformanceatGugiPlant1.
**Material/Component Sector Award at the 2025 InterBattery Awards**: Acknowledgment of the innovative technology and contribution to industrial development of 'High-Nickel (Ni≥95%) Composite Cathode Active Material'.**Material/ComponentSectorAwardatthe2025InterBatteryAwards**:Acknowledgmentoftheinnovativetechnologyandcontributiontoindustrialdevelopmentof'High-Nickel(Ni≥95%)CompositeCathodeActiveMaterial'.
**Patent Acquisition for Lithium Secondary Battery Cathode Active Material**: Technology for metal oxide coating and doping to ensure excellent charge/discharge efficiency and long lifespan in high-voltage batteries.**PatentAcquisitionforLithiumSecondaryBatteryCathodeActiveMaterial**:Technologyformetaloxidecoatinganddopingtoensureexcellentcharge/dischargeefficiencyandlonglifespaninhigh-voltagebatteries.
**Patent Acquisition for Method of Manufacturing Lithium Secondary Battery Cathode Active Material**: Technology that simplifies the manufacturing process, leading to reduced process costs.**PatentAcquisitionforMethodofManufacturingLithiumSecondaryBatteryCathodeActiveMaterial**:Technologythatsimplifiesthemanufacturingprocess,leadingtoreducedprocesscosts.
**Acquisition of 'GEMX Platform' Patent License from CAMX Power, USA**: Securing rights to use patents for high-nickel cathode materials that reduce cobalt usage and increase nickel content, enhancing performance and safety.**Acquisitionof'GEMXPlatform'PatentLicensefromCAMXPower,USA**:Securingrightstousepatentsforhigh-nickelcathodematerialsthatreducecobaltusageandincreasenickelcontent,enhancingperformanceandsafety.
Introduction
Location
11 Igokdong-ro, Dalseo District, Daegu, South Korea
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Information
11 Igokdong-ro, Dalseo District, Daegu, South Korea