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Umicore signs deal to supply 125,000mt of lithium-ion cathode materials to LG Chem

Thu, 09/26/2019 - 12:24 -- Paul Crompton

Umicore will begin delivering cathode materials for nickel manganese cobalt (NMC) lithium-ion batteries to LG Chem next year after signing a multi-year strategic supply agreement.

The agreement is for a total volume of 125,000 metric tonnes to be delivered over ‘several years’ out of Umicore plants in Poland, Korea and China. 

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