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SQM - An Insight Into The Fundamentals Of Sociedad Química y Minera
Sociedad Quimica y Minera S.A.
I would like to argue that Sociedad Química y Minera de Chile S.A. (NYSE: SQM) is a high reward stock. It is the world's largest producer of potassium nitrate and is a current leader in the iodine, lithium carbonate, and lithium hydroxide industry. Their revenue consists of specialty plant nutrition (37%), potassium (11%), iodine and derivatives (19%), lithium and derivatives (26%), industrial chemicals (5%), and other sources of revenue (5%). SQM has been on a consistent uprise for its lithium production and has surpassed 2 billion dollars in revenue.