Lithium prices fuel SQM Q3 revenue jump
Published: Thursday, 24 November 2016
A 28% jump in lithium prices drove an increase in revenue for the Chilean producer, while it continued to increase iodine sales volumes as prices dropped further.
Chile’s Sociedad Quimica y
Minera SA (SQM) more than doubled its lithium revenue in Q3
2016 versus the same period last year, as overall revenue rose
An 18% increase in sales volumes in the third quarter
– 12,100 tonnes versus 10,300 tonnes in Q3 2015
– coupled with a 28%...