L&F Co., Ltd. is a South Korean company specializing in the development and manufacture of cathode active materials for lithium-ion secondary batteries. Established in 2000 and headquartered in Daegu, it produces high-nickel cathode materials such as NCM and NCMA for electric vehicle and energy storage applications, alongside lithium iron phosphate (LFP) cathodes.
The company operates several production sites in the Daegu region, including facilities in Dalseo-gu and Dalseong-gun. In 2026, its wholly owned subsidiary L&F Plus completed a dedicated LFP cathode plant in the Dalseong National Industrial Complex with an initial annual capacity of 30,000 metric tons, planned to expand to 60,000 tons by the first half of 2027. The facility focuses on high-density third-generation LFP materials with improved compaction density.
L&F supplies cathode materials to major battery makers including SK On and Samsung SDI under long-term agreements for ESS and EV batteries. It positions itself as a key non-Chinese supplier in global supply chains seeking to diversify away from dominant Chinese producers. The company also engages in precursor production through joint ventures such as LS-L&F Battery Solution.
Publicly listed on the KOSPI exchange (ticker 066970), L&F maintains a dual-track strategy combining its established high-nickel business with growing LFP capabilities to serve both premium and mass-market segments in the battery materials industry.
Also known as 엘앤에프 and L&F CO.,LTD.
KRW 160 billion of third-generation high-density LFP cathode to be delivered 2026–2028 for ESS cells at Seosan and Georgia plants.
