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SQM's profit skyrockets on sales, lithium prices

SQM's board also approved the first stages of expanding its Chilean production.

Nathan Richardson
This year we believe demand growth will be over 40% when compared to last year and for this reason we continue to invest in new projects,” SQM’s CEO Ricardo Ramos said.

This year we believe demand growth will be over 40% when compared to last year and for this reason we continue to invest in new projects,” SQM’s CEO Ricardo Ramos said.

SQM's board also approved the first stages of expanding its Chilean production. The company, based in Chile, saw net income per share of $3.85 for the three months, which is up from $0.37 a year earlier....

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