SQM

Novandino Litio, a joint venture between Codelco and SQM, has submitted a US$3 billion plan to extend lithium production at Chile’s Salar de Atacama until 2060. The Salar Futuro project entered Chile’s environmental review system and involves advanced technology for water management.

Chile's S&P IPSA rose 0.87% on July 31, 2026, with bank stocks surging while SQM declined due to lithium uncertainty.

The S&P IPSA rose 0.52% to 10,936, driven by gains in SQM and Falabella, while the Chilean peso weakened to 933.63 per dollar. The article highlights market performance and currency fluctuations in Chile.

Chile's SQM rose 1.02% to US$67.55 while the LIT ETF dipped 0.33% to US$66.74. Albemarle added 0.64% to US$113.88 as investors assessed Latin American policy risks.

Lithium miners such as LIT ETF, Albemarle, and SQM saw modest gains as steady electric vehicle battery demand and Latin American policy changes influenced the market. The article highlights the Lithium Triangle's role in this sector.

Lithium miners showed mixed performance on July 23, 2026, with LIT down 0.12% to $69.00 and Albemarle falling 0.99%, while SQM rose 0.54%. Investors focused on the Lithium Triangle and battery demand exposure.

SQM and Wesfarmers are expanding their Covalent Lithium joint venture by building a second concentrator in Western Australia, signaling confidence in long-term electric vehicle demand. The project underscores their commitment to the lithium market amid expectations of a rebound in EV-related industries.

The Lithium Triangle rally boosted Chile’s SQM and Albemarle stocks, with the LIT ETF rising despite China futures fluctuating over oversupply concerns. Electric vehicle battery demand remains structurally strong.

Lithium miners and the ETF LIT declined despite strong electric vehicle demand, with Chinese spot prices stabilizing. Chile's SQM experienced significant losses as risks in the Lithium Triangle shifted.

Bci's brokerage raised its IPSA target to 12,050 points for 2026-2027 and increased expected index earnings-per-share growth to 19.8% for 2026. The upgrade was offset by a 1% GDP forecast cut and a 3.7% inflation increase. The analysis also highlighted SQM and Banco de [...] as key entities.

The S&P IPSA rose 0.28% to 11,056.70 on July 14, 2026, driven by copper prices exceeding US$6.29/lb, which boosted the peso and industrial stocks, though SQM fell 2%.

Chile's S&P IPSA remained above 11,000 as copper prices rose and the peso strengthened on July 10. SQM declined due to profit-taking.

Chile's S&P IPSA rose slightly on July 6, driven by gains in Banco Santander and SQM, but a weaker peso and declining copper prices limited the market's advance.

Codelco's minority stakes in other mining ventures are valued at $6.443 billion, with 86% concentrated in two entities: the NovaAndino lithium venture with SQM and a 29.5% stake in Anglo American Sur. The article suggests potential reasons for Codelco to sell some of these stakes.

SQM, the Chilean lithium giant, is exploring for copper with a US partner to diversify operations as lithium prices remain weak and copper demand increases.

SQM reported a significant rise in first-quarter profit and increased its annual lithium sales forecast. The company attributes this to strong demand from battery storage systems, which is driving a recovery in lithium prices.