Lotte Energy Materials Collaborates with Korea Automotive Technology Institute on High-Density LFP Cathode Material R&D

Research and Development Contract for High Energy Density LFP Cathode Active Material with Korea Automotive Technology Institute

Kim Yeon-seop, CEO of Lotte Energy Materials. Photo by Lotte Energy Materials

Lotte Energy Materials is collaborating with the Korea Automotive Technology Institute (KATECH) to develop next-generation battery materials.

On the 26th, Lotte Energy Materials held a research and development contract signing ceremony for high-energy-density lithium iron phosphate (LFP) battery cathode active materials at the KATECH headquarters located in Pungse-myeon, Cheonan-si, Chungnam Province, together with KATECH.

The signing ceremony was attended by key executives from both companies, including Kim Yeon-seop, CEO of Lotte Energy Materials, Ryu Jong-ho, Executive Director of Strategic Research, Na Seung-sik, President of KATECH, and Han Beom-seok, Head of the Chassis and Materials Technology Research Institute. Through this ceremony, both parties agreed to closely cooperate to develop high-performance LFP cathode active materials that enhance energy density while maintaining price competitiveness.

Established to secure self-reliance and foster the domestic automotive industry, KATECH is an institution that develops and supports strategic core technologies for the national automotive industry and carries out various innovation projects. It possesses technologies for LFP secondary particle composition and impurity control, as well as secondary particle manufacturing and carbon composite technologies, making it optimally suited for this joint development of LFP cathode active materials.

Based on the results of this research and development, Lotte Energy Materials plans to establish a pilot semi-mass production line with a capacity of 1000 tons in the first half of next year and to proceed with sample development and product manufacturing in the second half. To this end, part of the lithium manganese oxide (LMO) production process at the Samgi plant in Iksan, Jeonbuk, will be modified and converted into LFP facilities.

Kim Yeon-seop, CEO of Lotte Energy Materials, stated, "Through the joint development of LFP cathode active materials with KATECH, we will secure a leading position in the next-generation battery materials industry with high-performance materials that are price competitive." He added, "In particular, we will also create synergy effects by linking this with our copper foil business."

This content was produced with the assistance of AI translation services.