SQM will benefit from capacity expansions at its attractive lithium assets.
Sociedad Quimica Y Minera De Chile SA (SQM) and Corfo, the Chilean regulator that owns the country’s lithium assets, resolved their arbitration and renegotiated SQM’s lease on the Salar de Atacama, which is the lowest-cost source of lithium globally. Under the new agreement, SQM will be allowed to produce up to 2.2 million metric tons of lithium through 2030, which is roughly seven to eight times the amount that SQM was previously allowed to produce. Over the next decade, we expect SQM to invest...
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