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Eco&Dream Co., Ltd. Precursor supply contract with Umicore SA corrected to KRW 21.6 billion

Eco&Dream Co., Ltd.· Single Sales/Supply ContractAmended
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AI summary · Not investment advice

Eco&Dream Co., Ltd. raised the contract amount of its high-nickel NCM precursor supply deal with Umicore SA from KRW 17.3 billion to KRW 21.6 billion as supply volume grew.

Contract amount

Amended

KRW 21.6 billion

Before amendment KRW 17.3 billion · 15.20% of recent revenue; corrected from KRW 17.3 billion

Key facts

Counterparty
Umicore SA
Contract details
High-nickel NCM precursor supply PO
% of revenue
15.20% · AmendedCorrected from 12.16%
Contract period
Oct 26, 2026 – Feb 3, 2027Actual supply ends 2026.12.14
Recent revenue
KRW 142.0 billion2025 consolidated basis
Supply region
Domestic and overseas plants and other locations designated by the customer
Payment terms
Payment within 65 days from the last day of the month of shipmentNo down payment or advance payment
Contract date
Oct 26, 2026

Commentary

AI commentary · Not investment advice

What happened

Eco&Dream Co., Ltd. corrected the amount of its contract to supply high-nickel NCM precursor (a raw material for battery cathodes) to Umicore SA. Because the supply volume grew, the contract amount rose from KRW 17.3 billion to KRW 21.6 billion. In dollars the deal is USD 16,317,000, converted at KRW 1,322.6 per dollar. The company said the amount may change if raw material prices move.

In the company's terms

The new amount equals 15.20% of the company's recent revenue of KRW 142.0 billion on a 2025 consolidated basis. Before the correction, it was 12.16%. The company said it has carried out similar contracts before.

What changes for shareholders

The contract runs until 2027.02.03. Actual supply ends on 2026.12.14, and the later end date allows time to collect payment. Payment is due within 65 days from the last day of the month in which the goods are shipped.

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