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Friday, August 23, 2024

Chile's SQM posts 63% slump in profit, expects weak lithium prices to stay

 Chile's SQM, the world's second-largest lithium producer, reported a bigger-than-expected 63.2% slide in its quarterly profit on Wednesday due to weak prices of the battery metal, which it expects will continue for the rest of the year.

https://www.miningweekly.com/article/chiles-sqm-posts-63-slump-in-profit-expects-weak-lithium-prices-to-stay-2024-08-21

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