Report
Seth Goldstein, CFA
EUR 101.80 For Business Accounts Only

Placing Our Lithium Stocks Under Review as Sociedad Quimica Y Minera De Chile and Corfo Near Deal

Reuters reported that the Chilean government asked Corfo to reach a deal with Sociedad Quimica Y Minera De Chile when the two sides meet for a scheduled arbitration hearing on Wednesday, Jan. 17. Reuters indicates that SQM and Corfo will agree to resolve their arbitration, and SQM would be allowed to produce up to 180,000 metric tons of lithium annually, which would be a dramatic increase from current production of around 50,000 metric tons.
Our lithium supply and demand model had assumed SQM wo...
Underlying
FMC Corporation

FMC is an agricultural sciences company. The company provides solutions to growers around the world with a product portfolio fueled by a discovery and development pipeline in crop protection, plant health, and personnel pest and turf management. This combination of technologies includes insect control products based on Rynaxypyr? and Cyazypyr? active ingredients; Authority?, Boral?, Centium?, Command? and Gamit? branded herbicides; Talstar? and Hero? insecticides; and flutriafol-based fungicides. The company's products are used in agriculture to improve crop yield and quality by controlling a range of insects, weeds and disease, as well as in non-agricultural markets for pest control.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Seth Goldstein, CFA

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