L&F clarifies LFP deal: what it means for L&F stock

Published on 10/14/2026 at 03:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

L&F said on October 14, 2026 that a KRW 160 billion LFP deal remains unconfirmed. For L&F stock, 60,000 tons is the 2027 capacity target.

Deal status and expansion dates

L&F clarified the reported lithium iron phosphate deal on October 14, 2026.
L&F targets 60,000 tons of lithium iron phosphate capacity by 2027.
L&F's next reported earnings date is November 10, 2026.

L&F, KR7066970005, Illustration mit AI erstellt.

L&F (KR7066970005) clarified on October 14, 2026 that a reported KRW 160 billion lithium iron phosphate supply deal remains unconfirmed. According to TipRanks, discussions with the customer continue, but L&F said that definitive agreement terms have not been concluded.

The deal's earnings implications

The clarification matters because a signed supply contract would have provided a quantified expansion signal for L&F's lithium iron phosphate cathode business. Instead, the company said any effect on operations or earnings depends on whether negotiations produce a finalized contract.

The report also points to a possible additional disclosure by mid-November. That timing gives the market a concrete checkpoint, while the absence of finalized terms keeps the commercial value of the discussions outside L&F's reported backlog.

Capacity expansion reaches 60,000 tons

At its September 17, 2026 Investor Day, L&F presented a plan to expand lithium iron phosphate production capacity to 60,000 tons by 2027, according to Quartr. The target gives the current clarification a strategic frame: L&F is building a second growth path alongside its high-nickel cathode materials business.

The company had also disclosed a separate KRW 160 billion lithium iron phosphate supply contract with SK On for 2026 through 2028, as recorded by ATS View. That earlier contract and the newly clarified discussions are different developments, so the October 14 statement does not convert the reported LG Energy Solution deal into signed revenue.

Results and reporting date

L&F reported KRW 885 billion of revenue and KRW 20.8 billion of operating profit in the second quarter of 2026, with revenue up 70.2 percent year over year, according to ATS View. The 2.4 percent operating margin was materially below the 15.9 percent reported for the first quarter of 2026, making execution and profitability important counterweights to the capacity story.

Investing.com lists November 10, 2026 as L&F's next earnings date. The release should help investors compare the 2027 capacity target with realized shipments, margin recovery and the status of customer negotiations.

Korea listing and latest close

L&F closed at KRW 109,300 on the Korea Exchange on October 13, 2026. The next company-specific milestones are the mid-November disclosure window mentioned in the clarification and the November 10, 2026 earnings date.