OTCQX:SREMF - Post by User
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dsanddson Nov 05, 2014 1:03pm
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Post# 23097799
FMC raises Li carbonate and Lithium Salts prices by 10%
FMC raises Li carbonate and Lithium Salts prices by 10%FMC also raised prices in May. This increase combined with the drop in the CDN $ should have a positive impact on RB value during upcoming negotiations. ================= FMC Corporation Announces Lithium Carbonate and Lithium Salts Price Increase (prnews) PHILADELPHIA, Nov.�4, 2014 /PRNewswire/ --�FMC Corporation (NYSE: FMC) announced today that effective December 1, 2014, or as contracts permit, it will increase global pricing for all grades of lithium carbonate and lithium salts including lithium hydroxide, pharmaceutical carbonate and specialty salts by 10 percent.� The increases apply to all standard and non-standard pricing.�� Logo - https://photos.prnewswire.com/prnh/20111101/NE97440LOGO "The increases are necessary to offset continued rising costs of raw materials and operational cost pressures at our Argentina facility.� The increases are in addition to the lithium hydroxide increase announced in May 2014.� These increases will help ensure continued investment in our operations and support the supply service expectations of our global customers," said Chris Senyk, global marketing director, FMC Lithium.