Posts Tagged: FMC

FMC plans to increase lithium hydroxide production to 30,000 metric tons

Chemical supplier FMC Corporation plans to accelerate the expansion of its global lithium hydroxide production capacity as a result of a new multi-year supply agreement with “a major manufacturer of electric vehicles.” Earlier, the company announced plans to triple capacity to serve the growing EV market. Now it has increased that objective even further, hoping… Read more »

FMC to triple lithium hydroxide capacity to serve the growing EV market

Citing the rapid growth of EV sales FMC Corporation (NYSE: FMC) has announced plans to triple its production capacity of lithium hydroxide by 2019. The expansion will take place in three phases. FMC expects to reach a capacity of at least 30,000 metric tons by 2019, although it has the ability to adjust timing to… Read more »