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SQM to invest US$1.3B in Chile

SQM plans to invest some US$1.3 billion in Chile through 2024 across its business lines, according to its report for the September 2020 quarter.

SQM to invest US$1.3B in Chile SQM to invest US$1.3B in Chile SQM to invest US$1.3B in Chile SQM to invest US$1.3B in Chile SQM to invest US$1.3B in Chile

SQM's operations in Atacama, Chile

The company is on target to increase its lithium carbonate and lithium hydroxide production to 120,000 and 21,500 tonnes per year, respectively, which requires $240 million to complete.