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flag SQM reports a $137.5 million profit in Q1 2025, rebounding from a $869.5 million loss last year.

flag SQM, a Chilean chemical and mining company, reported a net income of $137.5 million or $0.48 per share for the first quarter of 2025, recovering from a loss of $869.5 million in the same period last year. flag The improvement is attributed to high iodine sales prices and strong lithium demand, despite a slight revenue drop to $1.036 billion. flag CEO Ricardo Ramos expects lower prices in the second quarter due to market oversupply.

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