About the company
Company History
Initially established as Janghang Smelter in 1936,
LS MnM has grown into a world-class metals/materials company.
Here are some of the milestones we have accomplished on the way.
A new name, a brighter future
In September 2022, the company name was changed to LS MnM along with a new set of growth strategies that were introduced for the future, when LS Co., Ltd. acquired 100% of the company’s stake.
The company hence began its new undertaking to become a globally renowned, all-around materials company with a specialty in metal and materials.
In line with the change in its governance structure, the company announced a new name and a new set of growth strategies.
The gold product production automation project was completed, which included simplifying the 12-step manual process into a 3-step unit process and implementing automation facilities.
-
2024
11 Signed a business agreement to collaborate on battery recycling with IS DONGSEO
10 MOU for cooperation in secondary battery recycling business with LB ReTech
05 Signed a large-scale concentrate purchase agreement with BHP - 1.73 million tons/5 years
-
2023
11 Signed an investment agreement with Saemangeum Development Authority to build a new high-purity metal compound manufacturing facility for secondary batteries - Annual production capacity of 40,000 tons (based on nickel metal)
Signed an investment agreement with the city of Ulsan to build a new high-purity metal compound manufacturing facility for secondary batteries - Annual production capacity of 22,000 tons (based on nickel metal)10 Approved 670 billion investment in secondary battery materials business
03 Completion of Toricom (subsidiary) Nickel sulfate plant - 6,000 tons/year capacity (based on nickel metal)
-
2022
10 Conducted pilot operation of PSA lines 15 and 16.
09 Company name changed: LS-Nikko Copper → LS MnM Governance structure changed: 100% stake owned by LS Corp.
05 Automated the gold product production process.
