Global secondary battery materials company L&F announced that it received the Prime Minister's Award at the '2025 Korea Technology Awards' held at COEX on December 3.
The Korea Technology Awards, hosted by the Korea Institute of Technology Evaluation and Planning (KEIT) under the Ministry of Trade, Industry and Energy, is a government-sponsored award program that recognizes companies, research institutes, and universities with outstanding technological achievements and industrial ripple effects. Winners are selected through a rigorous process that includes public verification, expert evaluation, on-site inspection, final deliberation, and confirmation by the Ministry of the Interior and Safety, based on three criteria: technological value, technological development capabilities, and technological commercialization.
L&F was honored with the award for its ultra-high-nickel NCM(A) cathode material technology. This innovative technology, which utilizes a combination of high-nickel polycrystalline and single-crystal cathode materials with a nickel content of over 95%, is the world's first to be commercialized.
The technology was completed through a phased development roadmap over approximately five years, beginning in October 2019. The first-stage polycrystalline high-density product increased energy density compared to existing high-nickel products by blending large and small particle sizes. The second-stage composite polycrystalline and single-crystal products improved battery life and safety issues that could arise with polycrystalline cathode materials with a nickel content of 95% or more by using single-crystal composite technology, achieving reduced gas generation and improved lifespan. L&F plans to continue expanding next-generation battery technology by pursuing the development of high-efficiency composite cathode materials in the third stage.
L&F also won the materials and components category at the 'InterBattery Awards 2025' in February of this year for its high-nickel (Ni≥95%) composite cathode active material , and is expected to contribute to the expansion of electric vehicles and the realization of carbon neutrality through mass production of high-performance batteries.
L&F Materials Development Research Institute Director Jeon Sang-hoon evaluated this award as “the result of our efforts to differentiate our cathode active material technology and secure global competitiveness,” and added, “We will contribute to strengthening the national industrial competitiveness by developing technologies that overcome the limits of battery performance.”
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