Highlights
• SQM reported total revenues for the six months ended June 30, 2024 of US$2,378.1 million compared to total revenues of US$4,315.6 million for the same period last year.
• Net loss for the six months ended June 30, 2024 of (US$655.9) million or (US$2.30) per share, compared to net income of US$1,330.1 million or US$4.66 per share for the same period last year.
• Strong sales volumes growth in lithium, iodine and fertilizer businesses.
• Record-high quarterly sales volumes in lithium and iodine businesses, surpassing 52,000 metric tons and 4,000 metric tons, respectively.
• Signed definitive partnership agreement with Codelco to jointly develop and operate lithium assets in the Salar de Atacama until 2060.
• Signed a long-term agreement with Hyundai Motors Co. Ltd. and Kia Corporation.
• Launched SQM International Lithium to develop our lithium business outside of Chile.
SQM will hold a conference call to discuss these results on Wednesday, August 21, 2024 at 12:00pm ET (12:00pm Chile time).
Participant Dial-In (Toll Free): 1-844-282-4852
Participant International Dial-In: 1-412-317-5626
Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=FRfGBEBZ
SANTIAGO, Chile, Aug. 21, 2024 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM, Santiago Stock Exchange: SQM-B, SQM-A)) reported today net loss(1) for the six months ended June 30, 2024, of (US$655.9) million or (US$2.30) per share, compared to US$1,330.1 million or US$4.66 per share reported for the same period last year.
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