Chile lithium miner SQM reports quarterly net profit down about 40%

March 5, 2025 1:24 AM EST

FILE PHOTO: A view of a brine pool at SQM lithium mine at the Atacama salt flat is pictured, in Antofagasta region, Chile, May 3, 2023. REUTERS/Ivan Alvarado/File Photo

(Reuters) - Chile's SQM, the world's second-largest lithium producer, reported a 40.9% fall in fourth-quarter net profit to $120.1 million on Wednesday.

The miner posted $1.07 billion in revenue during the October-December period.

(Reporting by Angela Christy in Bengaluru; Editing by Mrigank Dhaniwala)



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