Open/Close Mobile Menu Open/Close Mobile Menu

Booming lithium revenues prompt SQM to boost capacity

By William Clarke
Published: Friday, 19 May 2017

The Chilean miner raised its demand forecasts for the lithium, used in electric car batteries, and announces a plan to rapidly grow production

Chilean miner SQM announced a plan to rapidly expand its lithium production capacity next year, in response to booming demand, and rapidly rising revenues from sales of the key battery ingredient.

SQM chief executive Patricio de Solminihac noted "stronger lithium demand growth than we previously expected," prompting the company to upgrade to...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: