Chilean lithium miner SQM swings to $870 mln net loss-February 2024-www.financetom.com

Chilean lithium miner SQM swings to $870 mln net loss

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Chilean lithium miner SQM swings to $870 mln net loss

May 22, 2024 11:50 PM

May 23 (Reuters) - Chilean mining company SQM,

the world's second-largest lithium producer, on Thursday posted

a net loss of $869.5 million for the first three months of the

year, swinging from close to $750 million profit a year earlier.

Revenue more than halved to $1.09 billion.

(Reporting by Sarah Morland

Editing by David Goodman

)

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