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flag Chilean mining firm SQM reports a $226M profit in H1 2025, reversing a $655.9M loss from last year.

flag Chilean mining firm SQM reported a net income of $226 million for the first half of 2025, marking a significant improvement over last year's loss of $655.9 million. flag Despite a 12.6% drop in revenues to $2.079 billion, the company saw higher iodine and potassium sales prices boost its financials. flag SQM's CEO, Ricardo Ramos, noted lower lithium prices but expects a 10% rise in sales volumes from Salar de Atacama. flag The company's new Kwinana refinery in Australia, expected to produce 50,000 tons of battery-grade lithium hydroxide yearly, also marks a significant milestone.

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