SQM 6M FY26 net income climbs to US$ 1.02 billion; revenue more than doubled to US$ 4.23 billion
Reuters2026/08/19 06:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SQM posted net income of US$1.02 billion, up 353.5%, as revenue more than doubled to US$4.23 billion.
- Gross profit climbed to US$2.04 billion; margin widened 21.5 percentage points to 48.2%.
- Lithium revenue rose to US$2.96 billion; second-quarter volumes topped 84,000 metric tons of LCE, including 76,000 from Chile.
- Novandino’s average realized lithium price rose nearly 23% from the prior quarter to about US$21.8 per kilogram; prices seen stable in Q3.
- Novandino filed key documentation for the Salar Futuro project, a roughly US$3 billion investment over about seven years, pending approvals.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SQM - Sociedad Química y Minera de Chile published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.
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