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Bullboard - Stock Discussion Forum Sociedad Quimica y Minera de Chile ADR Rep 1 Series B SQM

Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals. Its segments include specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and... see more

NYSE:SQM - Post Discussion

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Post by MaterialsMan on May 28, 2023 10:50pm

Negotiations begin

SQM and Coldelco are to begin hashing out the details of the state run company taking over operations.
It should be very interesting to see what comes of this.
There is supposedly a news blackout until a firm agreement is arrived at.
ALB will be next.
This state takeover business could really shake up the lithium supply chain, which could be a boost to the smaller players e.g. PLL, SYA, and CXO among others.
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