Higher lithium prices boost FMC revenues in Q1
Published: Wednesday, 03 May 2017
FMC's lithium business reported a 45% surge in earnings due to higher prices for hydroxide and other specialty products, according to president and CEO Pierre Brondeau.
confirms $66 million Q1 2017 revenue, an increase of 9% from Q4 2016.
FMC Corp saw earnings from its lithium segment jump to $22m
in Q1 2017, from $15m from Q4 2016.
Meanwhile revenue from the segment rose 9% to $66