SQM News and Press, Sociedad Quimica y Minera S.A. From 04/23/23

2023-04-23 23:28:47 ET Summary I am not at all retreating from the possibility of the S&P 500 breaking above 4200 and going on to 4300. We are headed deeper into earnings season in week 2. We will continue to produce reports that are better than feared and supporting the rally...

2023-04-23 09:30:00 ET Summary There is no denying copper's role in the massive electrification and decarbonization cadence over the next few decades, attributed to the global net zero ambitions by 2050. With copper spot prices already recording an impressive 50% expansion from pr...

2023-04-23 02:14:14 ET Summary The Chilean government's decision to nationalize its lithium mining industry has significantly affected Albemarle stock this week. The downdraft sent ALB plummeting to its 52-week lows, triggering a frenzy of panic selling among investors. Howeve...

2023-04-22 04:39:07 ET Summary Investors were jolted as SQM took a plunge of almost 20% to close yesterday's trading session, triggered by the Chilean government's bombshell announcement of nationalizing its lithium mining sector. Investors are now bracing for turbulence as SQM's ...

2023-04-22 02:35:00 ET Summary If you haven’t checked the price of lithium lately, you might be in for a surprise. Spot prices for lithium carbonate in China have collapsed by two-thirds since hitting record highs in November of last year. Prices have gone from $84k per...

2023-04-21 19:45:33 ET Crude oil closed with its first weekly loss in a month after erasing most of the gains that followed OPEC's surprise production cut, weighed by worries about demand linked to a weakening economic backdrop and hawkish Federal Reserve. Recession fears from risin...

2023-04-21 18:20:20 ET Shares of two of the world's biggest lithium miners, Sociedad Quimica y Minera de Chile ( NYSE: SQM ) and Albemarle ( NYSE: ALB ), fell sharply Friday after Chile's President Gabriel Boric unveiled plans to create a state-owned company to devel...

2023-04-21 17:13:43 ET Summary With the steep sell-off in lithium carbonate spot price most likely at or nearing an end, this is a good potential investment entry point into the lithium mining sector. Global X Lithium & Battery Tech ETF offers investors a chance to reduce comp...

2023-04-21 16:14:00 ET Lithium investors are having a bad day Friday, as reports out of Chile that President Gabriel Boric intends to nationalize the Chilean lithium industry devastate shares of lithium companies with interests in the country. This is bad news for investors in lithium...

2023-04-21 14:03:45 ET Gainers: CBL International ( BANL ) +35% . Atlas Lithium ( ATLX ) +10% . Cross Timbers Royalty Trust ( CRT ) +5% . Losers: Sociedad Quimica y Minera de Chile S.A. ( SQM ) -19% . Albemarle ( ALB ) -9% . Livent ( L...