About Sociedad Quimica y Minera S.A. Common Stock (SQM)
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. Read More
The financial markets are abuzz with significant movements in key sectors this week, as reports of a high-stakes White House visit by Intel's CEO sent its stock soaring, while production delays at a major Chinese mine ignited a rally among global lithium producers. These distinct events, though unrelated, underscore the
The financial markets are abuzz with a remarkable dual rally, as Bitcoin (BTC) edges closer to its all-time high and lithium producers, notably Albemarle (NYSE: ALB), experience a significant surge. This synchronized ascent, while seemingly disparate, reflects a complex interplay of institutional interest, regulatory shifts, and critical supply chain disruptions,
Albemarle Corp (NYSE: ALB) soared 10.57% while other lithium stocks Lithium Americas Corp (NYSE: LAC) and Sociedad Quimica y Minr de Chile SA (NYSE: SQM) climbed 9.32% and 7.39%, respectively, in premarket trading on Monday, amid hopes that the halt in operations at CATL's mine could potentially affect the global lithium supply and push up prices.
SANTIAGO, Chile, May 28, 2025 (GLOBE NEWSWIRE) -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net income for the three months ended March 31, 2025, of US$137.5 million or US$0.48 per share, compared to a loss1 of US$(869.5) million or US$(3.04) per share reported for the same period last year.
The three major indices were mostly flat in midday trading Wednesday with the S&P 500 and Nasdaq slightly under the flatline and the Dow Jones up 39 points.
SQM, the world's second-largest lithium producer, reported a steep drop in Q4 2024 profit due to declining lithium prices. Sales volume increased by 21%, but average price fell by over 64%.
U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions.
Recently, after reporting its quarterly earnings, shares of Albemarle were slightly up in the after-hours to show investors that there's a new potential upside.
Max 155 characters: Lithium market remains oversupplied, prices low, but could help EV transition. Chinese dominance and US policy shifts also play a role.
