LBM increases LFP supply to LGES in revised agreement
2024-12-25 15:04:15 [Print]
Changzhou Liyuan New Energy Technology Co., Ltd. (LBM) and LBM New Energy (AP) Pte. Ltd., two holding subsidiaries of Lopal Tech, signed a revised agreement with LG Energy Solution, Ltd. (LGES) on the long-term supply of LFP cathode material.
Under the revised agreement, LBM and LBM (AP) will together supply a total of 260,000 tonnes of LFP cathode material to LGES from 2024 to 2028, up from the initial 160,000 tonnes. The revised agreement came into effect on December 24, 2024.
Under the revised agreement, LBM and LBM (AP) will together supply a total of 260,000 tonnes of LFP cathode material to LGES from 2024 to 2028, up from the initial 160,000 tonnes. The revised agreement came into effect on December 24, 2024.
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