Pino Signs 23.5 Billion Won NCM Precursor Supply Contract with L&F

On January 6, Pino announced that it had signed a contract with L&F to supply NCM (nickel, cobalt, manganese) precursors worth 23.5 billion won. This amount is equivalent to 76.87% of the company’s sales from the previous year. The contract period runs from December 24 of last year to March 23 of this year.

The company explained, "The contract amount is the total from two separate contracts with the same counterparty."