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Chilean mining firm SQM reports a $226M profit in H1 2025, reversing a $655.9M loss from last year.
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.
Despite a 12.6% drop in revenues to $2.079 billion, the company saw higher iodine and potassium sales prices boost its financials.
SQM's CEO, Ricardo Ramos, noted lower lithium prices but expects a 10% rise in sales volumes from Salar de Atacama.
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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La empresa minera chilena SQM informa una ganancia de $226M en H1 2025, revirtiendo una pérdida de $655.9M del año pasado.