LBM increases LFP supply to LGES in revised agreement
2024-12-25 15:04:15 [Print]
Changzhou Liyuan New Energy Technology Co
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.
. , 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.