FMC Lithium reports decline in annual revenue
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...