FMC Lithium reports decline in annual revenue

By Myles McCormick
Published: Thursday, 11 February 2016

FMC’s lithium segment’s full year results were weaker than the previous year, with poor performance in previous quarters offsetting a better December period. The company said it will keep its focus on lithium hydroxide moving forward.

NYSE-listed chemicals producer FMC Corp. posted stronger quarterly results for its lithium segment in the December period, however this was not enough to offset a weaker performance earlier in the year.

Lithium contributed revenues of $70m to the company’s coffers, up in both quarter-on-quarter (q-o-q) and year-on-year (y-o-y) terms, in jumps of...

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