Chile’s SQM moves forward with capacity-building, geographical expansion despite drop in lithium prices

Chilean miner Sociedad Quimica y Minera (SQM) is continuing its capacity expansion plans in both Chile and China, while eyeing further geographical expansion, the company said during its earnings call on Thursday August 17, following the release of its second-quarter results.

The miner continued to have a rosy outlook for lithium demand growth, driven by the uptake of e-mobility globally, with additional capacity expansion needed in the near and medium-term. The...


Dalila Ouerghi

August 21, 2023

15:44 GMT