# Lopal to supply 150,000 mt of LFP cathode materials to Cornex New Energy subsidiaries

Lopal announced that its subsidiaries have reached agreements to sell a total of 150,000 metric tons of LFP cathode materials to three subsidiaries of Cornex New Energy from 2025 to 2029. The estimated total sales amount exceeds RMB 5 billion.

- Type: Contract
- Announced: 2025-05-20
- Where: China
- Value: $690.0M (5.00B CNY)
- Status: announced
- Capacity: 150,000 metric tons
- Products: LFP cathode materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lopal](https://endata.com/companies/84850.md)
- [Cornex New Energy](https://endata.com/companies/84851.md) (customer)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/103334498-lopal-to-sell-150000-mt-of-lfp-cathode-materials-to-cornex-new-energy-subsidiaries-for-over-rmb-5-billion), 2025-05-20: "It is expected that a total of 150,000 mt of LFP cathode materials will be sold to the three subsidiaries under CORNEX New Energy from 2025 to 2029."

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