FMC strikes supply deal; accelerates expansion plans

By Myles McCormick
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,...

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