19
Aug
16:46
LITHIUM: SQM earnings jump on-year
Chilean chemical producer SQM saw its profits jump considerably on-year in the second quarter, partly due to surging lithium volumes, Kallanish reports.
SQM earned $89.8 million during the quarter, up from $50.8m in Q2 2020. Sales likewise rose to $588m from $458.5m in Q2 2020.
“Our strong results were particularly led by lithium and iodine sales volumes, which increased over 90% and almost 40%, respectively,” says ceo Ricardo Ramos. &ldqu…
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