NYSE:SQMChemicals
Sociedad Química y Minera de Chile (SQM) Is Up 5.4% After Codelco Alliance Spurs Analyst Optimism
In recent days, several major banks, including Deutsche Bank, J.P. Morgan, and HSBC, reaffirmed positive analyst views on Sociedad Química y Minera de Chile, emphasizing its asset quality and growth plans following the Codelco partnership and related corporate restructuring.
A key angle is how the Codelco tie-up and the ramp-up of the Kwinana refinery underpin expectations for higher lithium volumes from both Chile and Australia.
We’ll now examine how this renewed analyst optimism around...