FMC strikes supply deal; accelerates expansion plans
Published: Tuesday, 26 July 2016
The lithium producer intends to speed up a previously announced expansion of its hydroxide capacity to supply an unnamed “major” EV maker. It now aims to have a capacity of 18,000 tpa by the end of next year.
Lithium major FMC Corp. will expedite efforts to increase
its production of lithium hydroxide, following the signing of a
multi-year supply agreement with a "major" manufacturer of
electric vehicles (EVs).The company, which currently has a
capacity of 10,000 tpa lithium hydroxide,...