S.Korea’s L&F wins $2.9 billion order from Tesla its affiliates

SEOUL (Reuters) – South Korea’s L&F Co Ltd said on Tuesday it has won an order worth 3.83 trillion won ($2.91 billion) from Tesla Inc and its affiliates.

L&F Co plans to supply cathode materials to Tesla starting January 2024 and through until December 2025, the company said in a regulatory filing.

($1 = 1,316.9400 won)

(Reporting by Choonsik Yoo and Heekyong Yang; Editing by Shri Navaratnam)

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