SQM's lithium carbonate business revenue in 2023 is US$5.2 billion, down 36% year-on-year

SQM released its 2023 performance announcement. The company's lithium carbonate and derivatives business sold 170,000 tons in 2023, an increase of 8% year-on-year; revenue was US$5.1801 billion, a year-on-year decrease of 36.5%. SQM expects sales to increase by about 5-10% in 2024.