SQM predicts more lithium supply in 2016, expects to win CORFO dispute

By Laura Syrett
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.

Chilean miner 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 up to nameplate capacity.

Speaking on a call with analysts today,...

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