Presentation of 3rd Generation LFP Mass Production Roadmap, Expansion of Material Competitiveness through Precursor Internalization and Circular Supply Chain
L&F presented its direction for the next-generation battery materials business at a domestic battery industry exhibition, unveiling plans for the mass production of LFP (lithium iron phosphate) cathode materials and a supply chain strategy for non-Chinese materials. The company plans to target both the electric vehicle (EV) and energy storage system (ESS) markets simultaneously by expanding its LFP product line alongside its high-nickel cathode material technology.
According to L&F on the 16th, the company participated in the battery exhibition 'InterBattery 2026,' held for three days starting on the 11th, and introduced its next-generation cathode material technology and material portfolio. At the event, the company operated a booth spanning approximately 87 square meters and unveiled various battery material technologies along with plans for the mass production of LFP cathode materials.
At the exhibition, a lineup of next-generation materials was introduced, including high-voltage mid-nickel (Mid-Ni) cathode materials, lithium manganese-rich (LMR) materials, and cathode materials for all-solid-state batteries (ASSB) and sodium-ion batteries (SIB). In addition, a circular supply chain strategy to reduce dependence on China for raw material procurement was also presented.
In particular, the development plan for LFP cathode materials was revealed as a key detail. The company presented a roadmap to mass-produce third-generation LFP cathode materials for the first time in Korea by 2026 and disclosed the development status of ultra-high-density LFP products with a consolidated density (PD) of 2.70 g/cc. LFP is considered a material with expanding demand in the electric vehicle and ESS markets due to its price stability and safety.
Along with this, precursor-free LFP technology utilizing an Fe₂O₃-based process and iron phosphate (FP) precursor technology were also introduced. Precursors are a critical process that affects cathode material performance and production costs, and securing this technology is considered a decisive factor in material competitiveness.
L&F is pursuing the establishment of a recycling-based raw material procurement system while simultaneously securing precursor technology in-house. It is conducting a waste battery recycling business through its subsidiary, JH Chemical Industry, and plans to secure precursor production capabilities through LS L&F Battery Solution, a joint venture established with LS Group. Through this, the company aims to build a battery material supply chain extending from nickel sulfate to precursors and cathode materials.
The company announced that it plans to use this exhibition as an opportunity to expand cooperation with global clients and explore new business opportunities.