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    CORNEX and LBM sign long-term LFP supply deal

    2025-05-30 15:40:28   [Print]
    On May 22, CORNEX New Energy Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright signed a strategic cooperation agreement with Changzhou Liyuan New Energy Technology Co.Asian Metal Copyright The two companies will work closely to promote the development and mass production of diversified, high-quality, and high-density LFP cathode materials, aiming to expand their presence in the new energy market.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright (LBM New Energy Technology Company).Asian Metal Copyright LBM New Energy Technology Company.Asian Metal Copyright Under the deal, CORNEX will purchase a total of approximately 150,000 tonnes of lithium iron phosphate (LFP) cathode materials from LBM over the next five years, with a total value of around RMB 5 billion (USD696 million).

    The two companies will work closely to promote the development and mass production of diversified, high-quality, and high-density LFP cathode materials, aiming to expand their presence in the new energy market.

    .Asian Metal Copyright Asian Metal Copyright
    Lithium Iron Phosphate Li 3.9%min Delivered China
    Unit:RMB/mt
    Lithium Iron Phosphate Li 3.9%min Delivered China RMB/mt
    China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
    Unit: %
    China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
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