There are multiple cathode materials to choose from within the Li-ion battery space. Cathode materials require extremely high purity levels and must be almost entire free of unwanted metal impurities – notably iron, vanadium and sulfur.

LBM offers a complete portfolio of high-performance, high-capacity LFP and LMFP cathode materials to achieve unprecedented battery performance. The company is committed to the R&D, production and sales of core materials for lithium-ion batteries. The core product cathode material LFP and LMFP is widely used in new energy vehicles, energy storage systems and other fields. 

By end 2022, the total LFP production would be increased from 64,000 tons per year to 280,000 tons. Its total production capacity would reach 600,000 ton by end 2025.

LBM has also invested a new LFP manufacturing plant in Kendal Industrial Park, located in Central Java of Indonesia.  This new LFP factory is the first of its kind in South East Asia and Asia (outside China), it would start producing LFP in second half 2024.  The design capacity is 30,000 tons/year in Phase I.

The LFP cathode materials is produced by LBM New Energy Company under LBM brand.  Jiangsu Lopal Tech is the major shareholder in LBM New Energy Company.  CATL (Stock Code: 300750.SZ) and BTR New Material Group Co Ltd (Stock Code：835185:BSE) are the other key shareholders. 

All the LBM products are distributed by LBM New Energy (AP) Pte Ltd for international markets.