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SQM's income soars on strong lithium prices

Chile-based miner SQM saw about a ninefold increase year on year to its second quarter profits, aided by record high lithium prices—which the company expects to remain stable throughout the remainder of the year.

SQM's income soars on strong lithium prices SQM's income soars on strong lithium prices SQM's income soars on strong lithium prices SQM's income soars on strong lithium prices SQM's income soars on strong lithium prices

SQM's Salar del Carmen, Chile

The diversified company recorded net income in Q2 of US$859.3 million, which is up 857% from $89.8 million from the same period last year.

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