L&F Strengthens Battery Recycling Partnership with CIS Chemical for LFP and NCM Materials

South Korea-based L&F Co., Ltd. has entered into a strategic investment agreement with CIS Chemical Co., Ltd. to reinforce their collaboration in rechargeable battery material recycling. Building on the cooperation established in May 2026 for recycling lithium iron phosphate (LFP) and nickel-cobalt manganese (NCM) batteries, the latest agreement is designed to deepen the partnership while supporting long-term supply chain expansion. The collaboration focuses on securing a reliable source of recycled battery materials to meet increasing customer demand and improve resource efficiency across battery production.

Expanded Recycling Collaboration for Battery Materials

Under the agreement, L&F will obtain a stable supply of recycled materials generated through CIS Chemical's processing of LFP and NCM batteries. Both companies will also work together to develop high-purity nickel cobalt Clean-MHP (Mixed Hydroxide Precipitate), which is expected to help reduce cathode material manufacturing costs. In parallel, they will continue advancing technologies that enable the efficient recycling and reuse of LFP batteries, supporting greater circularity within the battery materials value chain.

Technology Strengthens Resource Recovery

CIS Chemical has developed battery recycling technology capable of achieving a 98% lithium carbonate recovery rate. The company has also completed technical validation for LFP battery recycling with major domestic customers, demonstrating the commercial readiness of its recycling process. As a result, L&F expects to increase its utilization of lithium carbonate supplied by CIS Chemical, helping establish a more dependable source of critical battery raw materials.

L&F Expands Circular Battery Material Operations

L&F also plans to strengthen its recycling operations for spent cathode materials and black mass through cooperation with its subsidiary JH Chemical Industry. In addition, the company will collaborate with its subsidiary L&F Plus to process spent LFP cathode materials. These initiatives are intended to expand recycling capabilities, improve resource utilization, and reinforce the company's integrated battery material recycling ecosystem while supporting a more resilient supply chain.

Frequently Asked Questions

What is the purpose of the strategic agreement between L&F and CIS Chemical?
The strategic investment agreement strengthens cooperation between L&F and CIS Chemical in rechargeable battery material recycling. It focuses on expanding the supply of recycled LFP and NCM battery materials, jointly developing high-purity nickel cobalt Clean-MHP, increasing lithium carbonate recovery, and advancing battery recycling technologies. The partnership also supports broader supply chain resilience and lower cathode material production costs through greater use of recycled resources.

What recycling capabilities does CIS Chemical contribute to the partnership?
CIS Chemical contributes advanced recycling technology capable of achieving a 98% lithium carbonate recovery rate. The company has also completed technical validation for LFP battery recycling with major domestic customers. These capabilities enable L&F to secure a stable supply of recycled lithium carbonate while supporting the development of efficient recycling processes for LFP and NCM batteries and strengthening sustainable battery material production.