Sociedad Química y Minera de Chile

SQM

Market cap $22.1B

Lithium demand is set to rebound in 2026 as EVs, BESS and AI-driven energy lift demand, putting LAC, RIO, ALB and SQM in the spotlight.

Sociedad Quimica Y Minera De Chile rose ~115% since June and ~50% since August, clearly outperforming the S&P 500 as the lithium cycle moved off its worst point. Q3 2025 showed a change in trend, with record lithium volumes, revenue up ~9% YoY, and modest sequential improvement in realized lithium prices. Despite weak short-term growth metrics, SQM maintains EBITDA margins near 32%, well above peers, supporting a valuation premium even in a soft pricing environment.

China is revoking multiple lithium mining licenses, pushing local lithium prices higher. Global lithium stocks are rising as well.

While 2025 brought challenges for the chemical industry, PRM, ALB and SQM showed resilience and delivered solid returns on the bourses.

Sociedad Química y Minera de Chile S.A. ( SQM ) Q3 2025 Earnings Call November 19, 2025 10:00 AM EST Company Participants Megan Suitor Ricardo Ramos - Chief Executive Officer Pablo Hernandez - Senior Director of Business Strategy & Development Gerardo Illanes - CFO and VP of Services & Finance Carlos Diaz Ortiz - Chief Executive Officer of the SQM Lithium Chile Division Mark Fones - CEO of SQM International Lithium Division Andres Fontannaz Pablo Altimiras - Chief Executive Officer of the Iodine-Plant Nutrition Division Conference Call Participants Joel Jackson - BMO Capital Markets Equity Research Lucas Ferreira - JPMorgan Chase & Co, Research Division Lucy Zhou - Scotiabank Global Banking and Markets, Research Division Andres Castanos-Mollor - Joh.

Chilean lithium producer SQM on Tuesday reported a rise in third-quarter net profit, helped by an improved pricing environment that lifted average lithium prices for the first time in two years.

Ganfeng Lithium Group chairman Li Liangbin believes global lithium demand could grow 30% to 40% in in 2026 Lithium prices could more than double as demand rises. Chile's SQM is already earning profits, and set to grow earnings even more if lithium prices spike.

China's market regulator said on Monday that it granted conditional approval for a lithium-related joint venture between Chile's state-run copper giant-Codelco and local lithium producer SQM.

Sociedad Química y Minera de Chile (SQM) is rated a Buy, leveraging its leading lithium position and diversified chemical portfolio to support its production growth. SQM's financial health is strong, with ample liquidity and manageable debt, despite recent declines due to low lithium prices and high CAPEX. Risks include heavy dependence on Chilean and Chinese markets, volatile lithium prices, and uncertain global politics, but long-term lithium demand remains robust.

Calgary, Alberta--(Newsfile Corp. - October 22, 2025) - Rain City Resources Inc. (CSE: RAIN) ("Rain" or the "Company") is pleased to announce its participation as Main Sponsor of the Third Lithium & Energy Summit 2025, to be held on October 23, 2025, in Santiago, Chile. Organized by the International Lithium & Energy Chamber (CIL Lithium), together with Belgolux and the Embassy of the Kingdom of Belgium in Chile, the Summit will convene global mining leaders, academic institutions, authorities, and Indigenous communities under the central theme "Regeneration.