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SQM and Codelco Partnership Gains Approval from Chilean Antitrust Authority

Story Highlights
  • On April 23, 2025, the Chilean Antitrust Authority approved Phase 1 of the SQM-Codelco partnership.
  • The partnership focuses on lithium production and marketing, with international antitrust approvals already secured.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Sociedad Quimica Y Minera SA ( (SQM) ) has provided an announcement.

On April 23, 2025, the Chilean Antitrust Authority approved Phase 1 of the partnership agreement between SQM and Codelco, subject to certain mitigation measures. This partnership focuses on the production and marketing of lithium and aims to create a structural link between current and future players in the industry. The approval is a significant step for the partnership’s implementation, adding to approvals from other international antitrust authorities.

Spark’s Take on SQM Stock

According to Spark, TipRanks’ AI Analyst, SQM is a Neutral.

SQM’s overall stock score reflects significant financial challenges, including declining revenues and a negative net income. Despite robust asset and equity positions, operational margins and cash flow generation are under pressure. Technical analysis suggests bearish momentum, but strategic investments and a positive outlook in the lithium segment offer potential upside. The company’s dividend yield provides some support for income-focused investors, despite valuation difficulties.

To see Spark’s full report on SQM stock, click here.

More about Sociedad Quimica Y Minera SA

SQM is a global company listed on the New York Stock Exchange and the Santiago Stock Exchange, specializing in the development and production of products for industries such as health, nutrition, renewable energy, and technology. The company holds a leading position in the markets for lithium, potassium nitrate, iodine, and thermo-solar salts.

YTD Price Performance: -3.69%

Average Trading Volume: 1,219,864

Technical Sentiment Signal: Buy

Current Market Cap: $9.71B

For detailed information about SQM stock, go to TipRanks’ Stock Analysis page.

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