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Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world's biggest lithium producer. It is the world's biggest lithium producer.
Stock. Price. Market Cap. Albemarle. $115. $13.509 billion. Sociedad Química y Minera de Chile. $45.43. $12.977 billion. Lithium Americas. $3.04. $660.197 million
Most of Chile's lithium reserves are in Salar de Atacama and Salar de Maricunga, [14] and all lithium extracted in Chile as of 2023 comes from Salar de Atacama. [16] The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle, have licences to extract lithium until 2030 and 2043 respectively.
All lithium extracted in Chile as of 2023 comes from Salar de Atacama. [19] The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle, have licenses to extract lithium until 2030 and 2043 respectively. [19] [20] In April 2023, the Chilean government announced plans for nationalizing its lithium industry. [21]
The entire process results in 500,000 gallons of water being used for just one tonne of lithium, with Chile's Salar de Atacama region seeing 65% of its total water supply being used for mining ...
Chile's millennial president, Gabriel Boric, promised to mine differently. When Boric announced his ambitious plan in April to take state control over the country's lithium industry and expand ...
Location of Chile. Chile is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far south.
The company, which has seen its share price climb strongly this year, just topped its target to sell around 100,000 tonnes of lithium in 2021. UPDATE 2-Chile lithium miner SQM sees profits surge ...