Industrial Minerals


FMC boosts income in Q411 led partly by strong soda ash market

09 February 2012

by Siobhan Lismore

Lithium segment also up, but expected to remain flat for Q1 2012 on higher costs

Keywords: FMC, Lithium, Salar del Hombre Muerto, soda ash, Q4,

FMC posted an increase in profit in 2011 in the fourth quarter of 2011 driven in part by strong growth in its soda ash business, it reported in its results released late Wednesday.

The company reported net income of $77.9m in Q4 2011, versus a net loss of $53.5m in Q4 2010....