The news we do have is that SQM have over the last 6 months have made a handsome profit from their lithium all whilst we have been told there is oversupply and lower pricing.
They confirm their position in developing up KDR and refinery and are looking to increase lithium holdings in the future.
They state as a company strategy managing risk.
Developing KDR and refinery reduces LiOH
supply risks for SQM if they want to hold the position as a world Lithium supplier.
KDR Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
