Sociedad Quimica y Minera de Chile is a leading global producer of specialty plant nutrients, lithium, and iodine, playing a pivotal role in the agriculture and technology sectors
The company focuses on extracting and processing a variety of minerals, including lithium from salt flats, which is essential for the production of batteries used in electric vehicles and renewable energy storage. In addition to its mining operations, SQM is involved in the development of innovative agricultural solutions, providing fertilizers and soil nutrients that enhance crop yields and sustainability. With a commitment to responsible resource management, SQM aims to support global demands while prioritizing environmental stewardship and community engagement.
Max 155 characters: Lithium market remains oversupplied, prices low, but could help EV transition. Chinese dominance and US policy shifts also play a role.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
SQM stock results show that Sociedad Quimica Y Minera missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
