FMC’s lithium business boosts profits on higher prices, volumes
Published: Wednesday, 08 August 2018
Stronger performances by carbonate and hydroxide producer FMC’s agricultural and lithium divisions boosted profits during the second quarter of 2018, prompting it to raise its full-year revenue expectations.
Higher volumes and prices across all major lithium products,
alongside a stronger performance by its agricultural solutions
business, brought North America-based FMC Corp to higher
revenue and income in the second quarter of 2018.
"In lithium, volume increases from our plant in Argentina,
and average realized price increases of more...