# Who are EcoPro BM's customers? Who does EcoPro BM earn revenue from?
Canonical: https://valuechain.wiki/ecopro-bm · Facet: customers · Updated: 2026-10-09T13:13:06.366+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: EcoPro BM's confirmed revenue counterparties include 삼성SDI, SK이노베이션(SK온). Per the valuechain.wiki graph: 2 revenue edges, backed by 3 dated sources, 1 of them primary filings (as of 2026-10-09).

### 삼성SDI (high)  → /samsung-sdi.md
- metric: Contract value ₩43.9T · 2024~2028 · high-nickel NCA cathode supply contract
- note: Supplies high-nickel NCA cathodes to Samsung SDI. The five-year contract signed in December 2023 covers 2024-2028 and is worth KRW 43.87tn, with localized supply from Hungary from 2025.
- [confirms] EcoPro BM (KO, filing, published 2025-11-14) https://kind.krx.co.kr/external/2025/11/14/000821/20251114001819/11013.htm: "Purpose: supply of high-nickel NCA cathodes / term: 2024-01-01 to 2028-12-31 / contract value: KRW 43,867,615,524,480"
- [confirms] KED Global (EN, news, published 2023-12-03) https://www.kedglobal.com/batteries/newsView/ked202312030001: "EcoPro BM signed a five-year, KRW 44tn cathode supply deal with Samsung SDI."

### 에코프로 (high)  → /ecopro.md
- metric: Market share 40.8% · 지분율
- note: Holding company Ecopro owns 40.8% (largest shareholder).
- [confirms] WISEreport (KO, research, published 2026-01-01) https://comp.wisereport.co.kr/company/c1070001.aspx?cmp_cd=247540: "Ecopro holds 40.83%."

### SK이노베이션(SK온) (high)  → /sk-innovation.md
- metric: Contract value ₩10.1T · 2024~2026 · EV high-nickel NCM cathode sales contract
- note: Supplies EV high-nickel NCM cathodes to SK On. The contract signed in September 2021 covers 2024-2026 and totals KRW 10.11tn; in North America the two are also building a Canadian cathode JV with Ford.
- [confirms] EcoPro BM (KO, filing, published 2025-11-14) https://kind.krx.co.kr/external/2025/11/14/000821/20251114001819/11013.htm: "Purpose: EV high-nickel NCM cathode sales contract / term: 2024-01-01 to 2026-12-31 / contract value: KRW 10,110,232,000,000"
- [confirms] KED Global (EN, news, published 2023-03-23) https://www.kedglobal.com/batteries/newsView/ked202303230027: "EcoPro will make cathodes with precursors from the Korean factory and supply them to SK On’s battery factories around the world."

Reverse side: https://valuechain.wiki/ecopro-bm/suppliers.md · Ripple: https://valuechain.wiki/ecopro-bm/ripple.md

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Full node: https://valuechain.wiki/ecopro-bm.md · JSON: https://valuechain.wiki/ecopro-bm.json