Li x Ni a Co b Mn c O 2

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1 Do not distribute or duplicate without prior approval of DAEJUNG CHEMICAL & METAL CO., LTD. Technical Document New Cathode Material Li x Ni a Co b Mn c O 2 Company:. Central R&D Center Daejung Chemicals & Metal. Co., Ltd.

2 1.1. Corporate Profile Corporate Name CEO DAEJUNG CHEMICALS & METALS CO., LTD Ki-Sup, Song Date of Establishment April, 1968 Employees 110 Factory Total Asset (2004) Total Sales (2004) Net Income (2004) 1. Shiheung (16,500m 2 ) 2. Incheon (3,300m 2 ) USD 17.3 million USD 19.7 million USD 2.1 million Daejung Chemicals & Metals Co., Ltd. -2-

3 1.2. Business Area Daejung has been a steady and reputable supplier of high quality chemical materials to domestic markets on these following three business areas (1, 2, 3). Daejung is currently concentrating efforts on fostering the development of essential futuristic business areas (4, 5, 6) for Daejung s future growth. 3 4 Order-base Synthesizing Raw materials for secondary battery 2 Pharmaceutical raw materials 5 Chemicals for PCB manufacturing 1 Reagent & Fine Chemicals Main Business 6 Metal oxide complexes Daejung Chemicals & Metals Co., Ltd. -3-

4 1.3. Major Business Partners in Korea KIST (Korean Institute of Science & Technology) KAIST (Korean Academic Institute of Science & Technology) Korea Chemical Research Lab. Korea Textile Technology Institute LG Group Samsung SDI Daejoo electronic materials Co., Ltd SK chemicals Hanwha chemical research complex CJ Group Choongwae pharmaceutical Co., Ltd Chon kun Dang pharmaceutical Co., Ltd Dong A pharmaceutical Co., Ltd Kolon pharmaceutical Co., Ltd.. Daejung Chemicals & Metals Co., Ltd. -4-

5 1.4. Global Partners Europe America Asia A.B.C.R. Acros Organics Algry Quimica Apin Chemical Avocado Research Chemicals Ltd. B.P. (British Pharmacopeia) Bachem Carl Roth GmbH Carlo Erba Reactifs Claushuis Metal E.P. (European Pharmacopeia) Lancaster Synthesis Ltd. LGC Promochem. Maybridge Heraeus Sodes Ether Textron Acumedia Manufactures Inc. Alfa Aesar Cerilliant Difco Laboratories I.C.N. (MP Biomedicals) J.T.Baker Mallinckrodt Polysciences Inc. Scott Specialty Gases Strem Chemicals Inc. U.S.Pharmacopeia Acidchem Int l Sdn. Bhd. Dalian Chem. Huaibei Chem. Junsei Chemicals Co., Ltd. Kanto Chemicals Co., Ltd. Nissui Pharmaceutical Co., Ltd. Rare Metallic Co., Ltd. Shan Dong Shanxi Xinshidai Imp. & Exp. Co., Ltd. Showa Ether Co., Ltd. Wako Pure Chemicals Inc. Ltd. Yakuri Pure Chemicals Co., Ltd. Daejung Chemicals & Metals Co., Ltd. -5-

6 2.1. DJ-New Cathode General Reviews LiCoO LiCoO 2 vs. 2 vs. Li(Ni-Mn-Co)O 2 2 LiCoO2 Li(Ni-Mn-Co)O2 Thermal Stability Rated Capability Cycle Life. Daejung Chemicals & Metals Co., Ltd. -6-

7 2.2. DNC Target Materials LiCoO 2 Powder Powder Property Property Specific Specific Capacity Capacity C-rate C-rate Capability Capability Life Life Cycle, Cycle, Storage Storage Low-Temperature Low-Temperature High-Temperature High-Temperature Safety Safety LiMn 2 O 4 LiNiO 2 Daejung Chemicals & Metals Co., Ltd. -7-

8 2. 3. MFG Process DNC-P: Li(Ni-Mn-Co)OH 2 RM Reaction control W/F D CF MS MFG ST FP CPR OF-S Storage I & G Packaging DNC-L: Li(Ni-Mn-Co)O 2 RM T, t, T GR CF D I & G M-M CF W/F D Packaging Daejung Chemicals & Metals Co., Ltd. -8-

9 3. Technical Data SEM DNC-P: Li(Ni-Mn-Co)OH 2 DNC-L: Li(Ni-Mn-Co)O Daejung Chemicals & Metals Co., Ltd. -9-

10 Particle Size % Volume % Pass 4 0 D µm D µm D µm Size (µm) Daejung Chemicals & Metals Co., Ltd. -10-

11 XRD Intensity θ Daejung Chemicals & Metals Co., Ltd. -11-

12 Half Cell - 1 st Cycle mAh/g mAh/g Voltage (V) Charge: CC-CV, 0.2C, 4.3V, 0.02C Cut-off Discharge: CC, 0.2C, 2.5V F/M Effi.: 88.7% Specifica Capacity (mah/g) Daejung Chemicals & Metals Co., Ltd. -12-

13 Full Cell High C-Rate 100 Rated Capability (%) DJL-PG DJL-GG Battery Type: Stacking Type Charge: CC-CV, 1.0C, 4.2V, 1/20C cut-off Discharge: CC, Each C-rate, 2.7V cut-off C-Rate Daejung Chemicals & Metals Co., Ltd. -13-

14 4. Summary Manufacturing Capacity: 50~100MT/year Grade: DJL-GG (General Grade), DJL-PG (Performance Grade) New Cathode Market Share (Cost, Production Capacity etc.) DAEJUNG CHEMICAL Technology (Performance) Daejung Chemicals & Metals Co., Ltd. -14-

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