L&F stock: L&F clarifies LFP deal. What it means for L&F stock

Published on 10/24/2026 at 00:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

L&F said on October 14, 2026 that talks had no final terms. For L&F stock, capacity is planned at 60,000 tons by 2027.

Capacity and contract status

L&F clarified the reported LG Energy Solution deal on October 14, 2026.
L&F Plus plans 60,000 tons of annual LFP capacity by the first half of 2027.
L&F stock last traded at KRW 85,900 on October 23, 2026 on the KRX.
An additional company disclosure is due by mid-November 2026.

L&F, KR7066970005, Illustration mit AI erstellt.

L&F (ISIN KR7066970005) clarified on October 14, 2026 that the reported lithium iron phosphate supply deal with LG Energy Solution had not reached definitive terms. The company said discussions were continuing and that a further disclosure would follow once concrete decisions were made or by mid-November, as The Globe and Mail reported on October 14.

LFP contracts build the backdrop

The clarification matters because L&F is expanding beyond its established cathode-material business into LFP, a chemistry used heavily in energy storage systems and lower-cost electric vehicles. MoneyToday reported on October 13 that L&F had an existing LFP contract with Samsung SDI worth KRW 1.6 trillion for three years starting in 2027. The same report cited an additional KRW 160 billion ESS-related agreement with SK On.

What does the capacity plan mean?

The operational test is scale. L&F Plus plans to lift annual LFP capacity from 30,000 tons to 60,000 tons by the first half of 2027, according to MoneyToday on October 23. That doubles the stated capacity and creates a measurable execution target, but the potential LG Energy Solution contract still depends on finalized terms.

ChosunBiz wrote on October 16 that Samsung SDI and SK On had already signed agreements involving L&F, while LG Energy Solution was in final negotiations with domestic suppliers. The article also said L&F Plus completed its factory in May and planned mass production of 30,000 tons annually by the end of the third quarter of 2026.

Three milestones shape the story

On October 13, 2026, MoneyToday cited the KRW 1.6 trillion Samsung SDI contract. On October 16, 2026, ChosunBiz cited the KRW 160 billion SK On agreement. On October 23, 2026, MoneyToday reported the 60,000-ton annual capacity target.

Next disclosure and production date

The next milestones are a possible additional disclosure by mid-November 2026 and the first half of 2027, when L&F Plus targets 60,000 tons of annual LFP capacity.

KRW price sets the market frame

L&F last traded at KRW 85,900 on the KRX on October 23, 2026 at 3:30 p.m. KST. Its market capitalization was KRW 3.4 trillion at that quote, and the 52-week range was KRW 63,000 to KRW 225,000.