Monday , November 29 2021

SQM action teaches strong downwardly to lower sales of lithium



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At present, the role of a B series of & # 39; The entity Julio Ponce Lerou is linked to a fall of $ 28,800, a drop of 1.14% compared to yesterday's close.

SQM accused the battle of his lower lithium sales. The Santiago Stock Exchange (BCS) started the role of non-metallic mining the day with a sharp drop to the company indicating that it was an investment that would affect that production until 2019.

At present, the role of a B series of & # 39; The entity Julio Ponce Lerou is linked to a fall of $ 28,800, a drop of 1.14% compared to yesterday's close.

In its quarterly report, the company stated that lithium sales between July and September were 9,300 tonnes, which is approximately 27% less than that achieved in the same period last year. This resulted in Lithium Sales in the third quarter of $ 152.8 million, 9% less than in 2017.

"Since 2017, we have made a significant increase in lithium in Antofagasta, making it possible to increase our capacity by almost 50%. This project, a complete renovation of our existing plant in a short age and a low investment earlier, the beginning of a completely destroyed plant is more challenging or anticipated, it has prevented us from making high-quality lithium in the third quarter, ours sales influence, "said SQM general director Patricio de Solminihac.

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