4 FAQs about Rabat lg chem

Will LG Chem build a lithium-phosphate-iron cathode plant in Morocco?

LG Chem and Huayou Group plan to build a lithium-phosphate-iron (LFP) cathode materials plant in Morocco to target the high-demand, low-price EV market. The plant will have a production capacity of 50,000 tons per year.

Who is LG Chem?

The Petrochemicals Company is LG Chem's major business area with world-class productivity and cost competitiveness. We have established a vertically integrated system from basic raw materials such as ethylene and propylene to downstream products such as PE, ABS, and synthetic rubber.

Is LG Chem launching LFP cathode materials business?

LG Chem will venture into the LFP cathode materials business based on the Morocco plant and expand the business into lithium-manganese-phosphate-iron (LMFP) cathode materials, a mixture of manganese and LFP that provide more capacity and better output than LFP cathode materials.

What is LG Chem doing with Huayou Cobalt?

LG Chem will also promote the lithium conversion plant business with Huayou Cobalt in Morocco. A conversion plant is a facility that extracts lithium hydroxides and lithium carbonates, both of which are essential for producing cathode materials from lithium concentrates.

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