Lithium – The optimistic outlook for growth in lithium demand presented by recent financial results from major lithium companies seems promising for the broader lithium industry.
Articles Tagged "NYSE:FMC"
Lithium – July sparks the one year anniversary of the launch of the first lithium ETF, the Global X Lithium ETF. Continued sophistication of innovative ETF products may one day result in additional and alternative vehicles with direct and concentrated exposure to a broader base of lithium exploration, development, production companies, or specialty battery manufacturing enterprises.
Lithium – The inflationary pressure that has resulted in the increased cost to produce lithium may partially be attributed to restrictions on exports of raw materials from China. The World Trade Organization said on Tuesday that the Chinese government broke international law when it restrained exports of some raw materials.
Lithium – FMC Lithium (NYSE:FMC) plans to increase prices 20 percent for lithium carbonate and between 15 and 25 percent for a range of lithium products.
Lithium – The company disclosed that demand in the lithium market remained robust for the period as “improved economic conditions continue to provide a firm foundation for market growth. Important improvement in demand for batteries, the historical demand driver for the lithium market, continued to support demand growth for this market."
Lithium – At the beginning of next month or as contracts permit, a large lithium producer will be increasing global pricing for all of its lithium bromide products by 15 percent for all standard and non-standard pricing. The inflation is directly related to an "exponential spike" in the cost of key raw materials over the last few months.
Lithium – FMC recently announced that Umicore will be acquiring a series of product and process patents covering “high end active cathode materials." The market responded strongly to the news release sending FMC share prices climbing on relatively large trading volumes.
Lithium – The limited number of publicly traded companies engaged in lithium exploration and production is even more concentrated than the geographical extent of operations; however, the dynamic industry experienced some important developments which grabbed investors attention this year.
Lithium – Specialty Chemicals' performance was driven by broad-based volume growth in lithium and BioPolymer and continued productivity improvements.
Lithium – The potential for long term recovery in the price of soda ash may be a positive sign for lithium exploration companies. Recently, FMC Corporation (NYSE: FMC) indicating an increase for the price of soda ash.