Industry

L&F Plus ships first trial output from South Korea\'s first LFP cathode mass production line

South Korea\'s LFP cathode supply chain is moving toward full operation following its first shipment, L&F said. Its wholly owned unit L&F Plus shipped trial-production output made on the country\'s first LFP cathode mass production line on July 31. The company plans to begin full-scale mass production by the end of the third quarter after customer evaluations and process stabilisation. L&F Plus is expanding its customer base, including deals with Samsung SDI and U.S. battery company CoreShell Technology.

Crypto

Can XRP end four straight years of August losses as rebound chance emerges this month

XRP closed July at $1.06, putting focus on whether it can break a pattern of August declines that has lasted four years. A report said the token is testing a potential breakout at the top of a falling channel after a long slide. While August is not XRP’s worst month on average, recent years have been consistently negative. Third-quarter performance has turned positive, and traders are watching resistance at $1.20 to $1.25 and support around $1.05 to $1.06.