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SQM earnings nearly halved in 2023 amid lithium price slump

Plummeting prices hit the world’s largest lithium producer despite record sales

Isabeau van Halm
SQM will now have the chance to triple lithium production from its operations in Chile

SQM will now have the chance to triple lithium production from its operations in Chile

Sociedad Química y Minera de Chile (SQM) reported significant decreases in profits and revenue for 2023 as lithium prices plummeted over 80%. SQM's net income was US$2 billion in 2023, down 48% compared...

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