LG Chem and Huayou Group to Launch Electric Car Battery Plant
Rabat – Korea''s LG Chem, the country''s largest chemical company, announced on Sunday it has entered into a partnership with China''s Huayou Group''s subsidiary Youshan to build a
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.
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.
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.
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.
Rabat – Korea''s LG Chem, the country''s largest chemical company, announced on Sunday it has entered into a partnership with China''s Huayou Group''s subsidiary Youshan to build a
The Petrochemicals Company is LG Chem''s major business area with
South Korea''s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with China''s Huayou Group unit Youshan. The
The Korean firm LG Chem is working with China''s Huayou Group to set up a lithium iron phosphate (LFP) cathode materials plant in Morocco. The facility is expected to produce enough
South Korea''s LG Chem has announced a new partnership with China''s Huayou Group to establish two plants in Morocco for the production of LFP cathodes and lithium conversion, which
Collaboration to Accelerate Commercialization of Next-Generation Battery Technologies and Enhance Global Competitiveness SEOUL, South Korea, Nov. 4, 2025 /PRNewswire/ — China
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
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
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
South Korea''s largest chemical company, LG Chem, has unveiled a strategic partnership with China''s Huayou Group subsidiary Youshan to embark on a joint venture in Morocco.
PDF version includes complete article with source references. Suitable for printing and offline reading.