# Who does L&F pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/landf · Facet: suppliers · Updated: 2026-07-12T04:10:27.154+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: L&F discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 0 of them primary filings (as of 2026-07-12).

### LLBS (high)
- metric: capacity 120,000 tonnes/year · 2029~ · LLBS precursor capacity
- note: Sources precursor from the LLBS joint venture for high-nickel cathode production. The 2025 completion announcement targets 120,000 tonnes per year by 2029.
- [confirms] L&F (KO, ir, published 2025-10-02) https://www.landf.co.kr/company/hong_7.html?action=read&board_db=news&column=&keyword=&n=&num=235&page=1: "LLBS plans to expand to 120,000 tonnes a year by 2029, and L&F will use precursor supplied by LLBS to make high-nickel cathodes."

### 피노 (CNGR Korea) (mid)
- note: Presented Pino, CNGR's Korean unit, as a strategic precursor sourcing channel. It is part of the Korea/North America raw-material diversification plan.
- [confirms] L&F (KO, ir, published 2025-04-17) https://www.landf.co.kr/company/hong_7.html?action=read&board_db=news&column=&keyword=&n=&num=205&page=1: "To build a stable raw-material supply chain, L&F presented strategic precursor sourcing plans through Pino, CNGR's Korean unit, and the LS-L&F Battery Solution (LLBS) joint venture."

Reverse side: https://valuechain.wiki/landf/customers.md · Ripple: https://valuechain.wiki/landf/ripple.md

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