Lithium Producer Sees Almost 800% Increase in Revenue Last Year
March 08, 2023 at 11:37 AM EST
Lithium producer Sociedad Quimica y Minera de Chile (SQM) saw its revenue jump exponentially in 2022, reaching an almost 800% increase despite the inflationary macroeconomic environment. Adding to the growth was an increase in demand for electric vehicles (EVs). With the global push for carbon reduction, this trend should continue, boosting demand in the short- [...] The post Lithium Producer Sees Almost 800% Increase in Revenue Last Year appeared first on ETF Trends .