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Sociedad Química y Minera de Chile S.A. (SQM)

NYSE - NYSE Delayed Price. Currency in USD
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47.36-2.69 (-5.37%)
At close: 4:00PM EDT
47.10 -0.26 (-0.55%)
After hours: 05:48PM EDT
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  • M
    Mike
    Mercedes-Benz will shift its focus to electric vehicles by 2025

    $SQM $ALB $LIT
  • M
    Mike
    Awesome news for Chile. Chile’s voters rejected communist candidate. Voters are lining up behind the more moderate candidates.
  • M
    Mike
    Volkswagen battery electric vehicle deliveries nearly triple in H1
    Tue, July 20, 2021, 7:47 AM
    FRANKFURT (Reuters) - Volkswagen on Tuesday said global deliveries of battery electric vehicles (BEV) nearly tripled in the first half of 2021, mostly driven by demand in Europe which last week unveiled an effective end date for new combustion engine cars.

    In the first six months of the year, deliveries of BEVs climbed to 170,939.
  • M
    Mike
    Not too bad.

    Santiago, Chile. July 23, 2021 – Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) gives an update following a fire that affected two storage ponds located ponds on Monday, July 19, 2021, located in its Nueva Victoria production site in the Pozo Almonte district. The Company has made progress in reviewing the damage and associated repair times and reports the following:



    1. The emergency protocols that were effectively executed and the quick response time of SQM employees led to no injuries being reported and containment of the damage being almost completely limited to the storage ponds mentioned above.


    2. Currently, work is underway to repair the damaged storage ponds and preliminarily estimates suggest that these repairs will involve an investment of approximately US$600,000. Two of the three iodide plants at the Nueva Victoria production site have been stopped but should be back in operation within the next few days.


    3. For now, it is estimated that as a total net effect of this accident, iodine production during 2021 will be affected between 150 and 200 metric tons.


    4. Given the above, we do not believe our commercial commitments for 2021 will be impacted.
  • M
    Mike
    Sales of electric vehicles in China are likely to double this year, with Chinese EV makers sidestepping chips and parts shortages and getting creative around charging.
    -Deutsche Bank
  • e
    er
    5 days since the last post. No one has anything to say? I am wondering if this company is a good long term investment or any lithium miner for that matter. There is plenty of lithium world wide. The demand is only starting to ramp up. The miners are just beginning to increase production. Will they in reality be able to keep up with the increasing demand? If so the price of lithium will stabilize some what as well as the share price. Just thinking out loud. I have been holding for about two years now and watched the SP drop when it was realized that there was enough lithium being produced at that time to satisfy the demand. EV manufacturing has been increasing but it seems enough lithium is being produced to satisfy the increasing demand. Miners are expanding their production. I feel they will be able to keep up with the demand from the car manufacturers and there will be little SP growth.
  • M
    Mike
    Stellantis, the giant automaker formed by the merger of Fiat Chrysler Automobiles and France's PSA, plans to invest #$%$30 billion, or $35.5 billion, by the end of 2025 to expand its portfolio of electrified vehicles.The company is planning for 70% of its sales in Europe and 40% of sales in the US to be either fully electric or plug-in hybrid (but with a large majority of those vehicles being fully electric) within four years, Stellantis CEO Carlos Tavares said during an online presentation.
  • M
    Mike
    EV price war to heat up as Mitsubishi readies sub-$18,000 car

    BMI's George Miller forecasts a LCE deficit of 25,000 tonnes this year and expects to see acute deficits from 2022.

    SQM Events:

    September 21, 2021 to September 23, 2021 08:00 AM ET
    CrediCorp 2021 Capital Market Event
    Virtual

    September 15, 2021 to September 16, 2021 08:00 AM ET
    Morgan Stanley Annual Latin America Conference
    Virtual

    September 13, 2021 to September 14, 2021 08:00 AM ET
    Credit Suisse Annual Basic Materials Conference
    Virtual

    $LIT $SQM
  • M
    Mike
    Covalent Lithium Receives Approval For Refinery Plant
  • M
    Mike
    Wesfarmers and SQM intended to start construction work on the Kwinana processing plant as soon as approvals are in place. “We are currently building the (accommodation) village and the aerodrome at the Mt Holland mine site,” he said. It expects to start work in the next six months on the mine itself and concentrator at Mt Holland, near Southern Cross in WA, and to be producing lithium hydroxide at Kwinana in the second half of calendar 2024. The Kwinana plant is slated to produce 50,000 tonnes a year initially. Wesfarmers and SQM could eventually look to double capacity.
  • Y
    Yahoo Finance Insights
    Sociedad Química y Minera de Chile is up 5.61% to 50.60
  • M
    Mike
    Lithium carbonate price is up 3.7% this week
    IEA - 15.7x increase in lithium demand to 2040
  • Y
    Yahoo Finance Insights
    Sociedad Química y Minera de Chile is up 5.17% to 50.22
  • M
    Mike
    Fire affects the factory of the SQM company in the municipality of Pozo Almonte | National
    newsbeezer.com
  • M
    Mike
    GM will build two additional U.S. battery plants.

    $GM $LAC $SQM
  • M
    Mike
    Good news indeed.
    Oro Blanco rose 11.19% and those of Norte Grande gained 10.57%, leading the increases in the Santiago Stock Exchange.
    Meanwhile, the titles of series A of Pampa Calichera recorded an increase of 4.62%.
    SQM's series B shares also reacted positively and registered a rise of 3.4%.
  • e
    er
    So are investors hesitant about investing in SQM for fear of a new more “socialistic” government charging more on the lithium sales. Are there other head winds? I can’t find any but I might not be a good investment researcher.
  • M
    Mike
    915% increase in lithium production will be needed to replace all vehicles (78 million sold every year)
  • M
    Mike
    SQM now trades on the Colombian Stock Exchange

    Bogotá, June 8, 2021; With the incorporation of five new Chilean securities (Banchile, Cencosud, Enel Chile, Falabella and SQM (Sociedad Química Minera de Chile SA) to the Colombian Global Market -MGC- managed by bvc, this market is given a new boost that allows Colombians acquire in pesos species from foreign issuers and even ETFs, liquidated and guarded in the country.
  • M
    Mike
    BMW has officially announced the pricing and market launch for two US versions of the all-electric i4 — the i4 eDrive40 and i4 M50. The i4 M50 is the first fully electric performance model to come from BMW M GmbH. Both models promise range, elegant design, cutting-edge UI, and driving assistance technologies —all with zero emissions.

    $BMWYY $SQM