# Who does EcoPro BM pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/ecopro-bm · Facet: suppliers · Updated: 2026-10-09T13:13:06.366+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: EcoPro BM's confirmed suppliers/cost counterparties include 에코프로에이치엔, EcoPro Materials plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 3 cost edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-10-09).

### 에코프로에이치엔 (high)  → /ecopro-hn.md
- metric: Amount 10,487,558,000원 · 2026 상반기 · Per Ecopro HN related-party sales
- note: Purchases (environmental systems etc.) from affiliate Ecopro HN: H1 2026 EcoPro BM KRW 2.08bn + EcoPro BM Hungary KRW 8.41bn = KRW 10.49bn (per Ecopro HN related-party disclosure).
- [confirms] FSS DART (KO, filing, published 2026-08-14) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814001912: "Ecopro HN related-party transactions (H1 2026, KRW thousand): sales to EcoPro BM 2,076,313 and EcoPro BM Hungary 8,411,245."

### 에코프로이노베이션 (high)
- note: Sources lithium-processed raw materials such as lithium hydroxide from affiliate EcoPro Innovation. The filing names EcoPro Innovation as a major raw-material supplier, and the Hungary localization setup places BM and Innovation together on one site for cathode and lithium processing.
- [confirms] The Korea Times (EN, news, published 2025-11-30) https://www.koreatimes.co.kr/business/companies/20251130/ecopro-to-expedite-european-market-entry-with-hungarian-plant: "The Hungary plant houses EcoPro BM, which manufactures cathode material, EcoPro Innovation, which processes lithium, and EcoPro AP, which makes industrial oxygen and hydrogen."
- [confirms] EcoPro BM (KO, filing, published 2025-11-14) https://kind.krx.co.kr/external/2025/11/14/000821/20251114001819/11013.htm: "The company says major raw materials are supplied through affiliates EcoPro Materials, EcoPro Innovation and multiple domestic and overseas channels, with no recorded disruption to supply stability."

### 에코프로머티리얼즈 (high)  → /ecopro-materials.md
- note: A core precursor-sourcing leg. The company filing says major raw materials are supplied through EcoPro Materials, EcoPro Innovation and other channels, while English coverage says EcoPro BM relies heavily on affiliate EcoPro Materials for precursor procurement.
- [confirms] EcoPro BM (KO, filing, published 2025-11-14) https://kind.krx.co.kr/external/2025/11/14/000821/20251114001819/11013.htm: "The company says major raw materials are supplied through affiliates EcoPro Materials, EcoPro Innovation and multiple domestic and overseas channels, with no recorded disruption to supply stability."
- [confirms] KED Global (EN, news, published 2024-08-20) https://www.kedglobal.com/batteries/newsView/ked202408200012: "EcoPro BM relies heavily on its affiliate EcoPro Materials Co. for the procurement of precursors."
- [confirms] Eugene Investment & Securities (KO, research, published 2023-10-30) https://www.eugenefn.com/common/files/amail/20231030_B_js_heo_1.pdf: "EcoPro BM's precursor internalization target is 30%, and EcoPro Materials serves EcoPro BM's volume, which accounts for most of its revenue."

Reverse side: https://valuechain.wiki/ecopro-bm/customers.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