May 13 News – On May 12, Shenzhen Xinxing Light Alloy Materials Co., Ltd. issued an announcement stating that Phase III of its lithium hexafluorophosphate production project with an annual capacity of 15,000 tons has been fully completed and has officially commenced feeding operations and production. Chempricehub evaluates lithium hexafluorophosphate with a bullish/bearish score of -1. The commissioning of Phase III of Shenzhen Xinxing's 15,000-ton lithium hexafluorophosphate production project introduces additional supply capacity to the market, leading to a loosening supply-demand balance and exerting bearish pressure on spot lithium hexafluorophosphate prices.