SQM

12 articles

SQM Earnings Jump on Strong Gains in Lithium Business

SQM reported a 646% surge in Q2 net income driven by rising lithium prices and demand, projecting over 2.1 million metric tons of global lithium demand by 2026.

chemweek · 2026-08-20 05:45

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

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

reuters · 2026-08-19 08:02

SQM-Codelco Venture Maps Path to Higher Lithium Output in Chile

SQM and Codelco plan a $3 billion expansion to boost their Novandino lithium joint venture output by over 70% to 470,000 metric tons annually. The project incorporates direct lithium extraction techno

bloomberg · 2026-07-03 10:52

SQM rises as Scotiabank says lithium demand, low costs support outlook

SQM shares rose over 3% after Scotiabank reiterated a bullish outlook, citing strong lithium demand and low production costs. The bank maintained a $105 price target, noting potential capacity expansi

reuters · 2026-06-09 14:40

SQM Earnings Jump on Strong Lithium Demand

SQM reported Q1 net income of $364.7 million, driven by 70% revenue growth in lithium and other segments. Management anticipates continued tight supply-demand dynamics and potential price hikes in the

chemweek · 2026-05-30 04:21

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

SQM forecasts global lithium demand to surpass 1.9 million metric tons by 2026 amid tight supply and rising prices. The company reported a 165% surge in Q1 net income as lithium carbonate equivalent s

chemweek · 2026-05-29 05:44

SQM Boosts Lithium Guidance as Earnings Top Estimates

SQM reported adjusted Ebitda of $837 million and raised its lithium sales volume forecast to grow 15% this year, driven by strong demand from battery storage systems and electric vehicles.

bloomberg · 2026-05-26 17:18

Codelco and SQM Budget $3 Billion for Lithium Project in Chile

Codelco and SQM plan to invest $3 billion in their Novandino joint venture to deploy direct lithium extraction technology in Chile's Atacama Desert. Construction aims to begin by the late 2020s pendin

bloomberg · 2026-05-26 16:23

SQM earnings rise on firmer lithium pricing, demand

SQM reported rising earnings driven by stronger lithium pricing and demand, though adjusted earnings fell short of analyst estimates.

chemweek · 2026-03-02 04:50

China's 2026 PV Installations Forecast to Drop 20-43%; Tianqi Lithium Sells SQM Shares After Chile Lawsuit Loss

China's 2026 new PV installations are forecast to drop 20-43%, marking the first decline since 2019. Tianqi Lithium plans to sell SQM shares following a failed nationalization lawsuit, amidst broader

caixin · 2026-02-06 11:25

Tianqi Lithium Sells SQM Stake Following Failed Lawsuit Against Chile Nationalization

Tianqi Lithium plans to sell up to 1.25% of SQM shares after losing legal challenges against Chile's lithium nationalization strategy. The move aims to improve liquidity while the company also raises

caixin · 2026-02-05 18:16

China’s Tianqi loses final appeal over SQM-Codelco lithium deal

China's Tianqi Battery lost its final appeal against the SQM-Codelco lithium joint venture. The agreement grants Codelco majority control of Atacama salt flat operations, potentially reshaping global

chemweek · 2026-01-30 05:27