Sociedad Quimica Y Minera de Chile S.A.

Sociedad Quimica y Minera reported record second-quarter lithium sales of over 84,000 t LCE, supported by higher lithium prices, favorable iodine pricing and increased specialty plant nutrition volumes. The company now expects global lithium demand to exceed 2.1 million t in 2026 and sees 2026–2028 capital spending of about $3 billion mainly for growth and cost competitiveness. SQM and Codelco filed documentation for the Salar Futuro project (~$3 billion over seven years) to expand and modernize Atacama operations, while the Mt Holland expansion in Australia should double attributable spodumene capacity with first production targeted H1 2030. » Plus sur finance.yahoo.com

After a drop in lithium prices and price corrections, the outlook for lithium producers like SQM remains robust as the market trend toward stationary battery storage gains momentum. Fastmarkets estimates annual demand growth of around 40 percent for energy storage, a more stable sales market compared with the volatile demand from e-mobility. Industry leaders such as Albemarle confirm the broader, more stable demand for grid-connected storage, while the sector is calling for stronger government support for processing. » Plus sur deraktionaer.de

SQM reported Q1 2026 revenue of USD 1.76 billion (forecast USD 1.65 billion) with earnings per share of USD 1.28 (forecast USD 1.37). Strong sales in lithium, iodine and specialty plant nutrients, along with higher commodity prices, drove revenue growth, while the missed EPS suggests increased cost pressure. The stock rose about 4.85% in premarket trading, and SQM raised its full-year guidance for lithium shipment volume by 15%. » Plus sur de.investing.com