SQM Boosts Lithium Guidance as Earnings Top Estimates
Sociedad Quimica y Minera de Chile (SQM), one of the world’s largest lithium producers, reported a significant surge in first-quarter profits and upwardly revised its annual sales forecast this week. The Santiago-based company cited surging demand from global battery storage systems as the primary catalyst for the growth, signaling a bullish outlook for the critical…