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Stock impact report

Lithium Hydroxide Market 2022 Size, Growth Analysis Report, Forecast to 2026 [MarketWatch]

FMC Corporation (FMC) 
Last fmc corporation earnings: 2/5 04:30 pm Check Earnings Report
Company Research Source: MarketWatch
The MarketWatch News Department was not involved in the creation of this content. Jun 24, 2022 (The Expresswire) -- Lithium Hydroxide (LiOH) is widely used as an industrial lubricant, and in battery manufacturing. The compound is mainly consumed for production of lithium greases such as lithium stearate, which is very popular lubricating grease and offers high thermal resistance. In battery industry, it is incorporated as a heat transfer medium and for the purpose of storage battery electrolyte. Due to indispensable usage of lithium hydroxide in these industries, and difficulty in manufacturing and sourcing, the products commands significantly high prices and is sold at prices between US$ 6000 US$ 8000 per ton. The lack of supply and booming demand is expected to continue push prices towards higher end. Moreover, many new capacity additions from prominent suppliers is also anticipated over the forecast period. The global demand for lithium hydroxide is expected to expand with a Show less Read more
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