SQM predicts more lithium supply in 2016, expects to win CORFO dispute
Published: Thursday, 03 March 2016
The Chilean miner’s CEO told analysts that new lithium production is set to come online from Orocobre in Argentina and some Chinese producers this year, but believes the market can absorb the additional capacity, while SQM holds on to its Atacama brine leases.
Sociedad Quimica y Minera (SQM) has
said that Orocobre
Ltd will be the most
important new competitor in the lithium
supply market this
year, as the ASX-listed company works to get its Salar de
Olaroz facility in Argentina
to nameplate capacity.
Speaking on a call with analysts today,...