FMC Corp announces that it will separate its lithium interest in an IPO spin-off. Source: Bloomberg 5/5/2018.
"Demand for lithium will increase five-fold by 2025, potentially exceeding the worlds production capacity," says CEO of FMC Pierre Brandeau.
My take: Given the above (FMC spin-off IPO), and I'm speculating here, it is my belief that the other big world lithium players, most of whom are not pure lithium plays, will follow suit with similar spin-off IPO's of their lithium entities. Not only is the time right for this type of move, which should prove to be popular with their shareholders, it will (if it goes down that way) create added momentum in the form of a new rush towards lithium stocks. No doubt these IPO's will be a popular trade and the flow-on effect should ignite the lithium market to new highs.
Again, pure speculation on my part, but the temporary sleeping giant of the lithium world is about to wake up and PLS is set to be one of the major recipients.
Lithium Demand surge, page-454
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