SQM income up 50% in Q1, ‘only positive news’ in lithium market

(Kitco News) – “As anticipated, prices reached an inflection point in the fourth quarter 2020 and we reported a price increase during the first quarter of this year which we believe should accelerate quarter after quarter for the rest of the year as sales contracts expire. Our lithium capacity expansions in Chile are moving forward ahead of schedule, and as a result, we expect sales volumes to surpass 85,000 metric tons of lithium products this year,” said Ramos in a news release.

Bookmark and Share