Haven't heard news about anyone building battery factories in Chile as yet. Maybe that will be the next story short story lol.
The agreement allows SQM to make an application to expand production and even if they do make the application and its accepted, the increase in production is still many many years away.
Just some SHORT term news that will be forgotten soon enough IMO. Meanwhile all commodity stocks are suffering ATM.
GXY Price at posting:
$3.95 Sentiment: Hold Disclosure: Held