In response to the rapid growth of electric vehicle sales, and strong demand for FMC's battery grade lithium hydroxide, FMC will execute a three-phased capacity expansion over the next several years.

Phase one is expected to be commissioned and on line in mid 2017, while phase two planning is underway. Upon completion of the phase three expansion, FMC’s lithium hydroxide capacity will be at least 30,000 metric tons. FMC expects all three phases to be complete by 2019, but has the ability to adjust timing to meet market demand.