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SQM - SQM's Q3 profit plunges on lower lithium prices weak Chinese demand
Sociedad Quimica y Minera S.A.
Lithium producer SQM (SQM+0.5%) trades slightly higher despite reporting a 27% Y/Y decline in Q3 net earnings to $60.5M while revenues fell 13% to $473M, hurt by lower sales volume while benefiting from higher iodine prices.
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