Downstream company

EcoPro BM

Cathode-material manufacturer buying NCA/NCM precursors and contracting with Samsung SDI.

Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.

Documented relationships

Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.

  • Announced · Evidence as of 2023-12-04

    Offtake agreement

    EcoPro BM's corporate history and contemporary reporting record a cathode-material contract with Samsung SDI covering 2024–2028; trade reporting identifies NCA chemistry.

    3 sources
    1. EcoPro BM history

      EcoPro BM · Checked 2026-09-17

      EcoProBM Enters Long-Term Supply Contract With Samsung SDI for Cathode Materials

      History, December2023; August2024 GEM MoU; footer Korea address.

    2. EcoPro & Samsung SDI sign cathode materials deal

      electrive · Published 2023-12-04 · Checked 2026-09-17

      The supply agreement is valid from 2024 to 2028

      First two main paragraphs; NCA chemistry and worldwide Samsung plants.

    3. EcoPro BM secures deal as Samsung SDI's cathode supplier

      Korea JoongAng Daily · Published 2023-12-03 · Checked 2026-09-17

      An accumulated 200,000 tons of cathodes were supplied to Samsung SDI until 2023, EcoPro BM said.

      Opening contract paragraph and historical deliveries paragraph; company-attributed, not independent volume audit.

  • Announced · Evidence as of 2024-08-19

    Proposed supply to

    A memorandum envisaged an additional 265,000 tonnes of precursors in 2025–2028, drawing on GEM's QMB Indonesian project. It neither establishes DRC cobalt origin nor actual fulfilment.

    2 sources
    1. EcoPro BM history

      EcoPro BM · Checked 2026-09-17

      EcoProBM Enters Long-Term Supply Contract With Samsung SDI for Cathode Materials

      History, December2023; August2024 GEM MoU; footer Korea address.

    2. GEM and South Korea's EcoPro BM Forge 265,000-Ton Precursor Supply Agreement

      GEM · Published 2024-08-19 · Checked 2026-09-17

      EcoPro BM will additionally purchase 265,000 tons of precursors from GEM

      Opening MoU paragraph; purchasing paragraph (2025–2028); QMB fulfilment paragraph.

  • Reported · Evidence as of 2024-06-30

    Reported supply

    GEM's first-half 2024 contract table reports RMB1.92 billion executed with EcoPro BM for high-nickel NCA/NCM precursors. This reports execution in that period, not the later memorandum's fulfilment.

    1 source
    1. GEM Co., Ltd. 2024 Semi-Annual Report

      GEM · Published 2024-08 · Checked 2026-09-17

      Crude cobalt hydroxide raw materials

      Printed pages 86–88, Section 4 Other material contracts: EcoPro BM and Glencore International AG rows; executed amounts during reporting period.