SQM News and Press, Sociedad Quimica y Minera S.A. From 03/03/22

Sociedad Quimica y Minera de Chile (SQM +7.4%) jumps at the open after reporting better than expected Q4 earnings and revenues, as it topped its target to sell ~100K metric tons of lithium in 2021. SQM's Q4 net profit surged by nearly 5x to $321.6M from $67M in the year-ago quarter and b...

Sociedad Quimica y Minera de Chile press release (NYSE:SQM): Q4 GAAP EPADR of $1.13 beats by $0.21. Revenue of $1.08B (+110.2% Y/Y) beats by $109.87M. Gross profit for the fourth quarter of 2021 reached $542.8M; approximately 309.6% higher than the $132.5M recorded for the fourth quarter...

SQM REPORTS EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2021 PR Newswire SANTIAGO, Chile , March 2, 2022 /PRNewswire/ -- Highlights SQM reported net income for the twelve months ended December 31, 2021 of US$585.5 million . Earning...

Lithium prices surged higher again the past month. The China spot lithium carbonate price has reached a record US$70,585/t. Lithium market news - ERG: Energy transition is a driving trend "with all the ingredients of a new supercycle". Pentagon plans to boost the stockpile of lithium....

Alpha Lithium seals a deal to potentially fully fund the Tolillar Salar Lithium project. Following a successful offering, the company is flush with cash. Lithium demand continues to rise: This bodes well for an electric future. Is this project worth your hard earned cash? We w...

KULR Technology Group Inc. (NYSE American:KULR) has seemed like a good candidate for “the next big thing” in the electric vehicle and energy storage space for most of the past year, but the stock still hasn’t yet really broken through as a splashy retail investor favorite...

Lithium prices continue to fly higher over the past month. High lithium prices here to stay, Citi says in hiking forecast to $60K/t. Lithium market news - Energy transition driving trend "with all the ingredients of a new supercycle". Lithium nationalization moves by Chile & Mexic...

Upcycle in global grains replenishment to benefit CF Industries. Trade restrictions supports US producers, displacing imports. Low P/E ratio supported by strong earnings growth setup. Massive rise in 4Q2021 earnings and positive 2022 outlook has yet to be reflected in stock pr...

Albemarle (ALB -16.7%) plunges by the most on the S&P 500 after its full-year earnings guidance disappointed investors who had expected more with lithium prices at record highs. Lithium peers Livent (LTHM -4.9%), Lithium Americas (LAC -5%) and SQM (SQM -2.6%) also trade sharply lower; ETF...

Nearly half of Piedmont Lithium's spodumene production is anticipated to come from its Carolina site, which will also process it into lithium hydroxide. This site has faced heavy opposition from the public and county officials and is lacking both state and county permits. If the p...