# Pino signs KRW 7.2B NCM precursor supply deal with L&F

Pino Co., Ltd. signed a KRW 7.2 billion (approx. USD 5.4 million) contract to supply nickel-cobalt-manganese (NCM) precursors to L&F Co., Ltd., a major cathode material manufacturer in South Korea. This is Pino's largest single precursor supply contract since entering the secondary battery materials business.

- Type: Contract
- Announced: 2025-02-19
- Where: South Korea
- Value: $5.40M (7.20B KRW)
- Status: completed
- Products: NCM precursors
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [L&F](https://endata.com/companies/51943.md) (customer)
- [Pino](https://endata.com/companies/83043.md) (supplier)

## Sources

- [newspim.com](https://www.newspim.com/news/view/20250219000741), 2025-02-19: "피노는 국내 대표 양극재 제조기업 엘앤에프와 72억원 규모의 니켈·코발트·망간(NCM) 전구체 공급계약을 체결했다."

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