Articles Tagged "NYSE:FMC"

Lithium ETF – A Year in Review

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 Prices Continue to Climb

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.

Top Lithium Producer Reports First Quarter Earnings and Guidance

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."

Inflationary Costs Impacting Lithium Producer

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.

Major Lithium Producer to Transfer Cathode Patents

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.

Top Lithium Producers

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.