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LG Chem Ltd.

LG화학

Buyer / end userUnverified

Korean chemicals and cathode-material maker. It signed an MOU with ExxonMobil for up to 100,000 tonnes of lithium carbonate for its Tennessee cathode plant.

Stakeholder group
Buyers / end-user industry
Headquarters
South Korea

Elements of interest

Deals and financing (4)

  1. 2023-09-22 · Joint venture · announced

    Zhejiang Huayou Cobalt → LG Chem Ltd. · Planned HPAL, refining and precursor JV in Indonesia and lithium salt processing JV in Morocco

    Huayou and LG Chem signed an MoU to build a strategic precursor and cathode value-chain partnership, planning joint ventures for HPAL, refining and precursor production in Indonesia and for lithium salt processing in Morocco.

    official release

  2. 2023-04-19 · Joint venture · announced

    Zhejiang Huayou Cobalt → LG Chem Ltd. · Battery materials (metal sulphate and precursor) plant, Saemangeum national industrial complex

    Huayou and LG Chem signed a non-binding investment MoU with Saemangeum authorities and Gunsan city to set up a metal sulphate and precursor plant in Korea's Saemangeum industrial complex.

    official release

  3. 2023-02-16 · Offtake · signed · US$75 m

    LG Chem → Piedmont Lithium · North American Lithium (Québec)

    LG Chem agreed to buy 200,000 tonnes of spodumene concentrate over four years from Piedmont's share of North American Lithium output and invested USD 75 million for about 5.7% of Piedmont.

    official release

  4. 2023-02-07 · Offtake · signed

    LG Chem Ltd. → Yahua Lithium (Ya'an) (Sichuan Yahua Industrial Group) · Battery-grade lithium hydroxide supply

    Yahua's lithium unit agreed to supply LG Chem with about 30,000 t of battery-grade lithium hydroxide over 2023-2026.

    official release

Company / organisation source

Profile compiled from public sources (lgchem.com), checked 2026-10-04. Report an error