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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 other products and services. Specialty plant nutrients are fertilizers that enable farmers to improve yields and the quality of certain crops. Industrial chemicals have a range of applications in chemical processes, such as the manufacturing of glass and industrial nitrates. Iodine and its derivatives are used in the X-ray contrast media and biocides industries, among others. Lithium and its derivatives are used in batteries, greases and frits for production of ceramics. Potassium chloride is a commodity fertilizer that is produced and sold by the Company across the world.


NYSE:SQM - Post by User

Post by barog4451on Nov 18, 2013 3:22pm
283 Views
Post# 21916817

A dog recently, but long term prospects good

A dog recently, but long term prospects goodI'm in.  SQM is a unique company and should do well when conditions are good again.    I don'ty buy for the takeout possibility, but still worth mentioning that maybe POT could take a run at it if the controlling shareholder has financial problems.     Also nice to have Li exposure in the portfolio at a decent price.  GLTA
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