What were SQM's adjusted EBITDA and key drivers of its Q2 earnings beat?

SQM reported adjusted EBITDA of $1.32 billion for the second quarter, significantly exceeding analyst estimates; this strong performance was driven by record lithium sales volumes and higher lithium prices.

How did SQM revise its 2026 global lithium demand outlook, and what did it say about near-term price stability?

SQM revised its 2026 global lithium demand forecast upward to over 2.1 million metric tons, up from approximately 1.9 million tons previously, and stated it expects lithium prices to remain relatively stable in the third quarter.

Chilean Miner SQM Shares Rise After Earnings Beat, Higher Lithium Outlook

Aug 19, 2026

SQM reported strong Q2 earnings and raised its 2026 lithium demand outlook to over 2.1 million metric tons. The miner announced $3 billion in capital spending through 2028, focusing on its Nova Andino joint venture and Salar Futuro project.

reuters

2026-05-29

Global Lithium Demand to Exceed 1.9 Million MT in 2026 – SQM

2026-08-19

Chilean Miner SQM Shares Rise After Earnings Beat, Higher Lithium Outlook

Chilean Miner SQM Shares Rise After Earnings Beat, Higher Lithium Outlook

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