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SQM lithium falls to 23,000 tonnes

26 February 2010

by Simon Moores

Chilean group reports 34% drop in annual profits despite potash sales tripling

Keywords: SQM, potash, lithium, Chile, fertiliser

SQM SA posted a 34% drop in net profit to $327m. for 2009, despite potash sales increasing three-fold against the previous year.

 

The Chile-based group’s potash output tripled from 185,600 tonnes to 556,000 tonnes representing a cash value of $284.8m....