- Pierre Brondeau, CEO, chairman and president of FMC, predicts that global lithium demand will rise fivefold by 2025
- Bloomberg sees IPO as first major lithium pure play in the U.S.
- FMC plans IPO for up to 20 percent of its lithium assets, would then provide remaining shares to company investors
FMC Corporation’s (NYSE: FMC) planned 2H2018 IPO for its lithium business is being closely watched as a pure play that will help value the metal on the market (http://nnw.fm/y4ZfE). FMC has announced the IPO for a percentage of up to 20 percent of its lithium assets, with Pierre Brondeau, CEO, chairman and president of FMC, also serving as chairman of the new publicly listed company (http://nnw.fm/IC6tc).
Philadelphia-based FMC is a global agricultural, industrial and consumer company operating its business in two parts: FMC Agricultural Solutions and FMC Lithium. Its lithium products are used in…
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