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LG Energy Solution Signs LFP Cathode Supply Agreement Worth Over 5 Trillion Won With Lopal Tech.

Aug 09, 2026•about 1 hour ago

Contract Type

agreement

EnergySustainabilityNatural ResourcesSoftware

Description

LG Energy Solution has signed an agreement to purchase LFP cathode materials worth more than 5 trillion won from China's Lopal Tech. This three-year agreement highlights the companies' cooperation in expanding LFP battery production, crucial for energy storage systems.

Company Information

Company

LG Energy Solution

About

LG Energy Solution (KRX: 373220) is a global leader delivering advanced lithium-ion batteries for Electric Vehicles (EV), Mobility & IT applications, and Energy Storage Systems (ESS). With 30 years of experience in advanced battery technology, it continues to grow rapidly towards the realization of sustainable life. With its robust global network that spans the US, Europe, Asia, and Australia, LG Energy Solution is more committed than ever to developing innovative technologies that will bring the future energy a step closer. Under its ESG vision "We CHARGE toward a better future," LG Energy Solution is doing its utmost to prioritize environment, fulfil social responsibilities and shape sustainable future. For more information, please visit https://www.lgensol.com.

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