FMC Lithium Announces Global Price Increases

30-Jun-2011 - USA

FMC lithium announced that effective July 1, 2011, or as contracts permit, it will increase prices 20 percent for lithium carbonate and between 15 and 25 percent, depending on product grade, for a range of lithium products, including lithium hydroxide, lithium chloride, specialty lithium salts and lithium battery metal.

"This price increase is necessary to support continued investment in our operations as well as to offset cost increases for raw materials, transportation and energy." said Eric Norris, global commercial director for FMC Lithium.

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