Downstream company

LG Chem

Cathode-material manufacturer and purchaser of precursors; distinct from cell-maker LG Energy Solution.

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 2023-03-23

    Offtake agreement

    CNGR announced a signed long-term ternary-precursor supply contract with LG Chem, following a visit to its NCM workshop. The release does not disclose delivery quantities or a mine origin.

    1 source
    1. CNGR signed a long-term purchase and sale contract with South Korea's LG Chem

      CNGR · Published 2023-03-23 · Checked 2026-09-17

      signed the long-term purchase and sale contract for ternary precursors

      Main text opening and contract paragraph (lines 47,54), NCM workshop reference (line 48), China address footer (line 65).

  • Reported · Evidence as of 2023-06

    Reported supply

    Huayou reported that its high-nickel ternary precursor entered mass-production use in LG Chem's cathode materials in June 2023. This company-reported application does not identify mine origin or shipment quantities.

    1 source
    1. First Mass Production to Extend Battery Life by Over 30%!

      Huayou Cobalt · Published 2023-07-10 · Checked 2026-09-17

      successfully applying its high-nickel ternary precursor product to LG Chem's next-generation high-nickel monocrystalline cathode materials

      Main text paragraphs 1–3 (lines 317–319), event June 2023, project development timeline.

  • Announced · Evidence as of 2025-01-07

    Offtake agreement

    LG Chem's January 2025 review confirms a 2024 agreement for over 500,000 tonnes of cathode materials during 2026–2035. Its earlier 2022 NCMA agreement is context, not an additional quantity to sum.

    2 sources
    1. LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material

      LG · Published 2022-07-27 · Checked 2026-09-17

      The cathode materials that LG Chem plans to supply are NCMA (nickel, cobalt, manganese and aluminum) cathode materials

      July 26 announcement dateline; binding agreement and 2022–2030 supply paragraphs; NCMA paragraph.

    2. Top 10 News of LG Chem 2024

      LG Chem · Published 2025-01-07 · Checked 2026-09-17

      LG Chem has signed an $18 billion-scale cathode supply contract with North America’s GM.

      Section 3, Sign an $18 Billion Cathode Supply Contract with GM, 2026–2035 delivery plan.

  • Historical · Evidence as of 2019-09-24

    Offtake agreement

    LG Chem announced a 125,000-tonne NCM cathode-material purchase agreement starting in 2020. This records the 2019 agreement, without establishing current deliveries.

    1 source
    1. LG Chem signs cathode supply contract with Umicore

      LG · Published 2019-09-24 · Checked 2026-09-17

      LG화학은 2020년부터 총 12만 5천톤의 양극재를 공급받게 된다.

      Main article, paragraphs 2–3; NCM definition and regional supply paragraphs.