Chilean business magnate Julio Ponce has announced his departure from companies with stakes in SQM, a leading industrial company, as part of a broader restructuring plan that could impact the company’s strategic direction and market positioning.

Sociedad Quimica y Minera de Chile SA (SQM) reported a significant turnaround in its Q1 earnings, with a net profit of $137.5 million, driven by strong lithium and iodine sales.

Sociedad Quimica y Minera de Chile SA (SQM) is a leading producer of specialty fertilizers and industrial chemicals, including lithium, and is well-positioned to capitalize on the growing demand for electric vehicles.

Sociedad Quimica y Minera de Chile SA (SQM) has reported Q1 2025 earnings results, with a 21% decrease in earnings per share, but maintains a robust market capitalization of $9.36 billion.

Sociedad Quimica y Minera de Chile SA (SQM) is a prominent industrial company with a strong global presence, diverse product portfolio, and significant market influence, despite recent stock market fluctuations.