Jiangsu Ruitai to boost investment in LiPF6 project
2025-11-24 13:37:59 [Print]
Jiangsu Ruitai New Energy Materials Co., Ltd. and Jiangsu Xintai Materials Technology Co., Ltd. plan to inject a total of RMB200 million (USD28.14 million) into Jiangsu Tairui Lianteng Material Technology Co., Ltd., with Jiangsu Xintai contributing RMB150 million (USD21.1 million) and Jiangsu Ruitai providing RMB50 million (USD7.03 million). The funds will support the construction of Tairui Lianteng's Phase II project, which will add capacity of 15,000 tonnes per annum of lithium hexafluorophosphate (LiPF6).
With demand from NEVs and energy storage on the rise, the lithium hexafluorophosphate market is seeing tighter supply and rising prices. The investment will help Jiangsu Ruitai strengthen its lithium-battery materials supply chain and enhance its overall competitiveness.
With demand from NEVs and energy storage on the rise, the lithium hexafluorophosphate market is seeing tighter supply and rising prices. The investment will help Jiangsu Ruitai strengthen its lithium-battery materials supply chain and enhance its overall competitiveness.
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