Sociedad Quimica y Minera Q1 Earnings Call Highlights

1 hour ago 2

MarketBeat

Wed, May 27, 2026 astatine 12:08 PM CDT 7 min read

Gold and Silver Rebound, But This Metal Is Outperforming Both

Sociedad Quimica y Minera (NYSE:SQM) reported a beardown archetypal 4th of 2026, with absorption citing higher lithium volumes, favorable pricing trends crossed respective businesses and the archetypal afloat 4th of operations for its Novandino Lithium concern with Codelco.

Chief Executive Officer Ricardo Ramos said the 4th marked “an important milestone” for SQM and the partnership, which is focused connected processing lithium resources successful the Salar de Atacama. Ramos said Novandino Lithium generated much than $530 cardinal successful contributions to the Chilean authorities during the 4th done payments to CORFO, taxes and transfers to section governments.

→ Voya Financial Grows Earnings Across All 3 Business Segments

This ETF Is Up 146% arsenic the Battle Over Rare Earths Heats Up

“We are operating astatine afloat capacity, delivering beardown operational and fiscal results, portion continuing to put successful aboriginal maturation and accumulation expansion,” Ramos said.

Lithium Volumes Rise arsenic SQM Lifts Annual Guidance

SQM said full lithium income volumes roseate 25% twelvemonth implicit twelvemonth successful the archetypal 4th to astir 69,000 metric tons of lithium carbonate equivalent crossed its operations. Ramos said the institution present expects planetary lithium request to transcend 1.9 cardinal metric tons of lithium carbonate equivalent this year, with marketplace conditions indicating a choky supply-demand balance.

→ SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns

Chinese Lithium Production Halt Means Upside for These 3 Stocks

Based connected that outlook, SQM accrued its full-year lithium income measurement guidance and present expects full lithium income volumes to turn astir 15% compared with 2025. Management besides said mean realized lithium prices successful the 2nd 4th could beryllium higher than those reported successful the archetypal quarter.

During the question-and-answer session, Pablo Hernández, Vice President of Strategy and Development of Novandino Lithium, said SQM’s first-quarter mean lithium income terms was astir $18 per kilogram, up from astir $10 per kilogram successful the 4th fourth of 2025. He said realized prices stay chiefly linked to pricing indexes and added that the institution expects second-quarter income prices to beryllium higher than successful the archetypal quarter, though helium cautioned that volatility makes it hard to foretell prices beyond the 2nd quarter.

→ Ross Stores Earnings Beat Sends Stock To New Highs

Hernández said the institution expects beardown lithium income volumes successful the 2nd 4th and aims to surpass the first-quarter 2026 level by much than 10%, which would correspond a grounds for immoderate calendar quarter. He said SQM expects much than 270,000 metric tons of accumulation from the Salar de Atacama this twelvemonth and sees “significant appetite for lithium units successful the market.”

Read Entire Article