Strong Growth in Lithium Demand to Power FMC Corp., Rockwood Holdings

An emergent class of vehicles being producedcould very well change the future of the automobile industry. Commonlyknown as Zero Emissions Vehicles (ZEV and PZEV), almost every majorautomobile manufacturer is strategizing and poised to cater to theemergent demand for these higher fuel efficiency and less pollutingvehicles.<!----> The underlying and differentiating technological componentthat makes this class of vehicles a viable, sustainable, and successfulalternative to the solely gasoline powered internal combustion engine [ICE] automobile of yesteryear is the lithium-ion (li-ion) batterypack. The unique chemical properties of lithium, mainly its low atomicweight and its ability to ionize or lose electrons (i.e.,electronegativity) make it possible to produce li-ion battery packsthat are high in energy density, power, and spatial compactnessrelative to older genera