[Concall] LG Chem "Cathode Material Outsourcing to Significantly Increase from 2026"
![Panorama of LG Chem Chungnam Daesan Plant. <br>[Photo by LG Chem]](http://www.asiae.co.kr/news/img_view.htm?img=2022111708234119647_1668641021.jpg)
On the 28th, LG Chem stated during the Q3 earnings conference call, "Currently, the external sales ratio of cathode materials is in the single digits, and we plan to expand it in the long term." They added, "We have secured contracts with multiple cell manufacturers, but there is a one-year lead time from contract signing to supply start, so the external sales ratio is expected to expand significantly starting from the second half of next year and from 2026 onward."
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