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SQM's quarterly profits down 63%

The miner expects the lithium price slump to continue

Isabeau van Halm
SQM's brines in the Atacama Desert in Chile. Credit: SQM

SQM's brines in the Atacama Desert in Chile. Credit: SQM | Credits: SQM

SQM reported a 63.2% decrease in profit for the June 2024 quarter despite growth in its sales volumes. The lithium mining major posted a quarterly net income of US$213.6 million, or $0.75 per share,...

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