# LBM New Energy signs 10.68M tonne LFP cathode supply deal with Sunwoda Thailand

LBM New Energy (AP) Pte. Ltd., a subsidiary of Jiangsu Lopal Tech, has signed a long-term purchase agreement with Sunwoda Automotive Energy Technology (Thailand) to supply 106,800 tonnes of lithium iron phosphate cathode material from 2026 to 2030. The estimated total value is RMB 4.5-5.5 billion.

- Type: Contract
- Announced: 2025-12-02
- Where: Thailand
- Status: completed
- Products: lithium iron phosphate cathode material
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LBM New Energy (AP) Pte. Ltd.](https://endata.com/companies/88854.md) (supplier)
- [Sunwoda Automotive Energy Technology (Thailand) Co., Ltd.](https://endata.com/companies/88855.md) (customer)
- [Jiangsu Lopal Tech](https://endata.com/companies/88856.md) (investor)

## Sources

- [i.ifeng.com](https://i.ifeng.com/c/8om6YWITpzE), 2025-12-02: "协议约定，预计将由锂源（亚太）自2026年至2030年间合计向Sunwoda销售10.68万吨符合双方约定规格的磷酸铁锂正极材料"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.