Lithium Message Board - Msg: 31629260

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Gold/Mining/Energy : Lithium

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From: JakeStraw	5/25/2018 9:53:30 AM
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FMC - FMC Corp is witnessing strong momentum in its Lithium unit as demand for battery-grade lithium product remains strong. A significant long-term driver for the lithium business is the expected rapid adoption of lithium-ion batteries in electric vehicles. Moreover, the company raised revenue estimate for the segment for 2018 on the back of strong performance in the first quarter. FMC Corp expects revenues in the range of $430-$460 million (up from the previous range of $420-$460 million) for the Lithium unit for 2018. The company stated that the plan to separate listing of its Lithium unit in October this year also remains on track. finance.yahoo.com

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