Sociedad Quimica Y Minera 주식 (NYSE: SQM)

에 대한 최신 뉴스 Sociedad Quimica Y Minera (NYSE:SQM) 주식

Sociedad Quimica Y Minera

Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is developing a hard rock lithium project in Australia and expanding its lithium refining assets in China.

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바이킹 펀드 매니지먼트(Viking Fund Management)의 최근 13F 공시를 보면, 2024년 대선을 앞두고 일부 석유 기업 주식을 매도하는 등 3분기에 어떤 회사를 사고 팔았는지 확인할 수 있다. 13F 공시를 통해 보고한 포지션은 다음과 같다.

바이킹 펀드: 3분기에 대형 석유주 매각, 테슬라 포지션 절반으로 축소, 브로드컴 추가 매입

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칠레 코델코는 마리쿤가 리튬 프로젝트의 파트너를 찾고 있으며, 2030년 생산 시작 목표

Sociedad Quimica y Minera S.A. Common Stock

Sociedad Quimica Y Minera De Chile SA

First Trust Exchange-Traded Fund VIII FT Vest U.S. Equity Quarterly Max Buffer ETF

Chile's state-owned Codelco reported a modest increase in copper production for 2024, with output rising by 3,000 to 4,000 metric tons from the previous year. Although small, the production growth has raised hopes that the mining giant will stage a turnaround and help alleviate <a target="_blank" href="https://www.benzinga.com/topic/copper" rel="noreferrer noopener">anticipated copper shortages</a> by the decade's end.
"We crossed the production valley in 2024 and are ready to start 2025 on the upswing to retake the peak of 1.7 million tons of fine copper at the end of the decade," said Chairman Máximo Pacheco in an <a target="_blank" href="https://www.df.cl/empresas/mineria/maximo-pacheco-presidente-del-directorio-de-codelco-estamos-entre-un" rel="noreferrer noopener">interview</a> with the regional newspaper, Diario Financiero.
Preliminary data showed production reaching 1.329 million tons, compared to 1.325 million in 2023.
The company aims to achieve its production goals by extending the operational lifespan of its key mines, improving exploration efforts, and tackling infrastructure bottlenecks. Its ambitious plans involve significant investment, including increased capital expenditures to boost efficiency and output.
However, lower ore grades and operational challenges have strained its capacity. A 2023 rock collapse at the El Teniente mine—the world's largest underground copper mine—caused a 32% short-term drop in production, sending the company's output to a 25-year low.
Thus, expanding into lithium production when lithium prices have found their footing seems like a quality diversification.
The planned partnership with the domestic lithium producer SQM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) to mine the Atacama salt flats has stalled, but Pacheco remains optimistic.
"We are very close to securing approval from the National Economic Prosecutor's Office, but it's a complex process involving legal, financial, and labor elements," he noted.
The joint venture with SQM, set to last until 2060, will see Codelco take a leading role in managing the partnership starting in 2031. The lithium industry is critical for the global transition to clean energy, making the partnership a multi-billion-dollar opportunity for both companies and a significant revenue stream for the Chilean government.
Meanwhile, Codelco continues to work to finalize a partner for lithium production at the Maricunga site, aiming to <a target="_blank" href="https://www.benzinga.com/news/24/06/39229003/codelco-seeks-partner-for-maricunga-lithium-project-targeting-2030-production" rel="noreferrer noopener">begin operations by 2030</a>.
"We've worked intensively with them [strategic partners] on our database, site visits, and due diligence. We expect binding proposals during this year's first quarter," he concluded.
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Chile's Codelco Targets Turnaround with Modest Copper Output Increase and Strategic Lithium Ventures

The global lithium market is set to remain oversupplied, keeping the prices depressed, but this challenging situation for commodity producers could help battery makers ease the transition to <a target="_blank" href="https://www.benzinga.com/electric-vehicles" rel="noreferrer noopener">electric vehicles(EVs)</a>.
Lithium prices have plummeted after soaring to $80,000 per ton in 2022, now trading below $10,000 per ton. The surplus stems from weaker-than-expected EV sales, aggressive production expansions, and strategic commitments by Chinese operators to maintain dominance in the global battery supply chain.
"There are some assets in production that shouldn't really be, but for their own reasons, they're ploughing on," said Martin Jackson, head of battery raw materials at CRU. Reuters <a target="_blank" href="https://www.reuters.com/markets/commodities/lithium-supply-surplus-set-stay-with-battery-makers-help-2024-12-10/" rel="noreferrer noopener">reported</a> his estimate that about 10% of global lithium production is currently unprofitable.
According to the Reuters report, UBS forecasts a 25% increase in global lithium supply this year, with the surplus expected to persist until 2027. Meanwhile, S&amp;P Global projects prices to stabilize between $9,900 and $11,600 per ton until 2026.
Driven by Beijing's ambition to dominate the market, Chinese companies remain a <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/06/39477524/exclusive-china-linked-lithium-volatility-a-headache-for-producers-but-a-win-for-retail-inves" rel="noreferrer noopener">key factor in lithium production</a>. Production persists in Australia, Africa, and South America even at high operational costs, as China has to ensure a steady supply to support its rising EV industry.
In the U.S., lithium producers are also adapting to market pressures. ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) <a target="_blank" href="https://www.benzinga.com/news/contracts/24/11/42087743/exxon-mobils-lithium-leap-100000-metric-tons-to-fuel-lg-chems-us-plant" rel="noreferrer noopener">has partnered with</a> LG Chem to secure lithium for a cathode production facility in Tennessee, aiming to become the largest of its kind in the country. Yet, despite the tailwind from the Inflation Reduction Act (IRA), Donald Trump's second mandate could bring potential rollbacks. On top of <a target="_blank" href="https://www.benzinga.com/news/24/07/39870803/us-mine-development-delays-among-worlds-longest-second-only-to-zambia" rel="noreferrer noopener">permitting delays</a>, his policy shift could slow domestic progress.
Major producers like SQM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) have <a target="_blank" href="https://www.benzinga.com/insights/earnings/24/11/42036495/a-peek-at-sociedad-quimica-y-mineras-future-earnings" rel="noreferrer noopener">suffered significantly</a>, with the company reporting a 73% decline in quarterly profits despite record sales volumes. Yet, the industry remains optimistic about long-term prospects. If the EV adoption accelerates, analysts see prices recovering above $14,500 per ton.
Still, some lithium operators are set to prosper even at current prices. Volt Lithium, a Canadian firm focusing on direct lithium extraction (DLE), has agreed with Wellspring Hydro to deploy a field unit in North Dakota.
With a worst-case-scenario extraction price of <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/06/39480795/exclusive-volt-lithium-ceo-touts-6b-cash-flow-opportunity" rel="noreferrer noopener">$2,900 per ton of lithium</a>, Volt will test its technology at the <a target="_blank" href="https://voltlithium.com/wp-content/uploads/2024/12/12-10-2024-North-Dakota-Field-Study-Agreement-Final-.pdf" rel="noreferrer noopener">second-largest domestic brine production</a>. The firm already has DLE operations in the Permian basin in Texas and the Keg River formation in its native Alberta.
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Lithium Producers Brace For Prolonged Oversupply, Stalled Prices

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Shares of lithium companies are trading lower. This year, the commodity has experienced an oversupply.

Scotiabank analyst Ben Isaacson maintains Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) with a Sector Outperform and lowers the price target from $60 to $50.

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Scotiabank Maintains Sector Outperform on Sociedad Quimica Y Minera, Lowers Price Target to $50

Deutsche Bank analyst Corinne Blanchard maintains Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) with a Hold and lowers the price target from $35 to $31.

Deutsche Bank Maintains Hold on Sociedad Quimica Y Minera, Lowers Price Target to $31

Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) reported quarterly earnings of $0.46 per share which missed the analyst consensus estimate of $0.66 by 30.3 percent. This is a 72.62 percent decrease over earnings of $1.68 per share from the same period last year. The company reported quarterly sales of $1.08 billion which missed the analyst consensus estimate of $1.09 billion by 0.93 percent. This is a 41.47 percent decrease over sales of $1.84 billion the same period last year.

Earnings

Sociedad Quimica Y Minera Q3 EPS $0.46 Misses $0.66 Estimate, Sales $1.08B Miss $1.09B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Star Equity Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRR#NASDAQ">STRR</a>) is likely to report quarterly loss at $0.32 per share on revenue of $13.15 million. 
• EuroDry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDRY#NASDAQ">EDRY</a>) is projected to report quarterly loss at $0.23 per share on revenue of $19.14 million. 
• S&amp;W Seed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANW#NASDAQ">SANW</a>) is expected to report quarterly loss at $1.40 per share on revenue of $17.00 million. 
• GDS Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) is likely to report quarterly loss at $0.21 per share on revenue of $415.42 million. 
• Valvoline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVV#NYSE">VVV</a>) is expected to report quarterly earnings at $0.42 per share on revenue of $432.47 million. 
• Energizer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENR#NYSE">ENR</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $805.43 million. 
• Jacobs Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/J#NYSE">J</a>) is likely to report quarterly earnings at $1.37 per share on revenue of $3.01 billion. 
• Kingsoft Cloud Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) is likely to report quarterly loss at $0.14 per share on revenue of $247.64 million. 
• Atour Lifestyle Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATAT#NASDAQ">ATAT</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $264.74 million. 
• MYT Netherlands Parent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYTE#NYSE">MYTE</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $203.93 million. 
• Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $19.94 billion. 
• Vipshop Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) is projected to report quarterly earnings at $0.33 per share on revenue of $2.91 billion. 
• Weibo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $435.98 million. 
• Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $167.72 billion. 
• Viking Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) is expected to report quarterly earnings at $0.85 per share on revenue of $1.66 billion. 
• Danimer Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNMR#NYSE">DNMR</a>) is likely to report quarterly loss at $0.20 per share on revenue of $8.57 million. 
• Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $22.50 million. 
• Eltek (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELTK#NASDAQ">ELTK</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $12.40 million. 
• Futu Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) is expected to report quarterly earnings at $0.97 per share on revenue of $347.63 million. 
• Allot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLT#NASDAQ">ALLT</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $22.80 million. 
• Elbit Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESLT#NASDAQ">ESLT</a>) is likely to report quarterly earnings at $1.86 per share on revenue of $1.61 billion. 
• XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) is estimated to report quarterly loss at $0.27 per share on revenue of $1.38 billion. 
• Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $1.30 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.25 per share on revenue of $8.27 billion. 
• Oaktree Specialty Lending (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCSL#NASDAQ">OCSL</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $96.90 million. 
<h3>Companies Reporting After The Bell</h3>
• Workhorse Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) is projected to report quarterly loss at $0.82 per share on revenue of $4.68 million. 
• XP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $772.20 million. 
• AZEK Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>) is likely to report quarterly earnings at $0.27 per share on revenue of $339.99 million. 
• Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) is estimated to report earnings for its third quarter. 
• Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $1.09 billion. 
• StoneX Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNEX#NASDAQ">SNEX</a>) is estimated to report quarterly earnings at $2.05 per share on revenue of $462.98 million. 
• Kore Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORE#NYSE">KORE</a>) is estimated to report quarterly loss at $0.63 per share on revenue of $67.90 million. 
• ReNew Energy Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) is expected to report quarterly earnings at $0.12 per share on revenue of $313.59 million. 
• Qifu Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) is likely to report quarterly earnings at $1.42 per share on revenue of $588.49 million. 
• Star Bulk Carriers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>) is expected to report quarterly earnings at $0.99 per share on revenue of $305.05 million. 
• Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) is likely to report quarterly earnings at $3.55 per share on revenue of $286.49 million. 
• La-Z-Boy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) is estimated to report quarterly earnings at $0.64 per share on revenue of $505.98 million. 
• Auna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUNA#NYSE">AUNA</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $297.67 million. 
• Varex Imaging (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VREX#NASDAQ">VREX</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $200.54 million. 
• Keysight Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>) is likely to report quarterly earnings at $1.57 per share on revenue of $1.26 billion. 
• ZTO Express (Cayman) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $1.48 billion. 
• Dolby Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLB#NYSE">DLB</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $307.94 million. 
• Golub Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ">GBDC</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $234.39 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For November 19, 2024

Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) is preparing to release its quarterly earnings on Tuesday, 2024-11-19. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Sociedad Quimica Y Minera to report an earnings per share (EPS) of $0.66.
Investors in Sociedad Quimica Y Minera are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Overview of Past Earnings</h3>
During the last quarter, the company reported an EPS missed by $0.16, leading to a 2.44% drop in the share price on the subsequent day.
Here's a look at Sociedad Quimica Y Minera's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.91</td>
<td>0.73</td>
<td>1.16</td>
<td>2.33</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.75</td>
<td>0.80</td>
<td>0.71</td>
<td>1.68</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>2.0%</td>
<td>8.0%</td>
<td>-8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731938453_0.png" alt="eps graph" />
<h3>Tracking Sociedad Quimica Y Minera's Stock Performance</h3>
Shares of Sociedad Quimica Y Minera were trading at $38.14 as of November 15. Over the last 52-week period, shares are down 25.7%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<h3>Analysts' Perspectives on Sociedad Quimica Y Minera</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Sociedad Quimica Y Minera.
A total of 3 analyst ratings have been received for Sociedad Quimica Y Minera, with the consensus rating being Buy. The average one-year price target stands at $45.67, suggesting a potential 19.74% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Albemarle, Axalta Coating Sys and Celanese, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Albemarle received a Outperform consensus from analysts, with an average 1-year price target of $131.5, implying a potential 244.78% upside.</li>
<li>The prevailing sentiment among analysts is an Outperform trajectory for Axalta Coating Sys, with an average 1-year price target of $45.5, implying a potential 19.3% upside.</li>
<li>For Celanese, analysts project an Neutral trajectory, with an average 1-year price target of $114.77, indicating a potential 200.92% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
The peer analysis summary provides a snapshot of key metrics for Albemarle, Axalta Coating Sys and Celanese, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eastman Chemical</td>
<td>Neutral</td>
<td>8.69%</td>
<td>$605M</td>
<td>3.19%</td>
</tr>
<tr>
<td>Albemarle</td>
<td>Outperform</td>
<td>-41.37%</td>
<td>$-104.03M</td>
<td>-13.07%</td>
</tr>
<tr>
<td>Axalta Coating Sys</td>
<td>Outperform</td>
<td>0.84%</td>
<td>$462M</td>
<td>5.49%</td>
</tr>
<tr>
<td>Celanese</td>
<td>Neutral</td>
<td>-2.75%</td>
<td>$622M</td>
<td>1.61%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Sociedad Quimica Y Minera ranks at the top for Revenue Growth and Gross Profit, outperforming its peers. However, it ranks at the bottom for Return on Equity. Overall, Sociedad Quimica Y Minera shows strong revenue growth and gross profit performance compared to its peers, but lags in return on equity.
<h3>About Sociedad Quimica Y Minera</h3>
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is developing a hard rock lithium project in Australia and expanding its lithium refining assets in China.
<h3>Breaking Down Sociedad Quimica Y Minera's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: Sociedad Quimica Y Minera's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -36.95%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.51%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sociedad Quimica Y Minera's ROE stands out, surpassing industry averages. With an impressive ROE of 4.46%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Sociedad Quimica Y Minera's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.0%, the company showcases efficient use of assets and strong financial health.
Debt Management: Sociedad Quimica Y Minera's debt-to-equity ratio is below the industry average at 0.91, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/SQM/earnings">To track all earnings releases for Sociedad Quimica Y Minera visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Peek at Sociedad Quimica Y Minera's Future Earnings

A new 13F filing from Viking Fund Management reveals which companies the fund bought and sold in the third quarter, including exiting some oil companies ahead of the 2024 election.
Third Quarter Exits: Viking Fund Management sold out of eight stocks completely in the third quarter, including positions in some of the largest oil companies.
Here are the positions exited, as <a href="https://13f.info/13f/000116906924000080/compare/000116906924000006">reported </a>by 13finfo:
<ul>
<li>Marathon Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>)</li>
<li>Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>)</li>
<li>SM Energy Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>)</li>
<li>Southern Copper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>)</li>
<li>Sociedad Quimica y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>)</li>
<li>Murphy USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>)</li>
<li>Sanofi SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NYSE">SNY</a>)</li>
<li>Cactus Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>)</li>
</ul>
Third Quarter New Positions: The following were the new stocks added to the fund in the third quarter, ranked in size by the dollar value at the end of the quarter.
<ul>
<li>Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>)</li>
<li>EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>)</li>
<li>HF Sinclair Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DINO#NYSE">DINO</a>)</li>
<li>Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>)</li>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</li>
<li>Vertiv Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</li>
<li>Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>)</li>
<li>Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
<li>United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>)</li>
<li>Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>)</li>
<li>Portland General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>)</li>
<li>Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>)</li>
<li>Nutrien (NTR.TO – Canada)</li>
</ul>
 Big Moves: The fund made several changes to its existing positions alongside the new positions and exited positions.
Here are the biggest additions in the quarter to existing stakes:
<ul>
<li>Civitas Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>): +16,900%</li>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>): +882%</li>
<li>LyondellBassell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>): +400%</li>
<li>Rio Tinto PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>): +386%</li>
<li>Dow Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): +200%</li>
</ul>
Here are the biggest position cuts during the quarter to existing stakes:
<ul>
<li>Texas Pacific Land (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>): -60%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): -50%</li>
<li>Haliburton Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>): -40%</li>
<li>ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>): -36%</li>
<li>Ovintiv (OVV.TO – Canada): -33%</li>
</ul>
Why It's Important: At the end of the quarter, these are the fund's largest positions ranked by dollar value and the percentage they make up of the fund:
<ul>
<li>Broadcom: $27.96 million, 4.5%</li>
<li>AbbVie Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>): $24.88 million, 4.0%</li>
<li>NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>): $22.65 million, 3.7%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): $16.27 million, 2.6%</li>
<li>BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): $14.24 million, 2.3%</li>
</ul>
The fund added significantly to its position in Broadcom, which remains the largest holding.
The quarter saw the sale of several oil stocks, but the fund opened new positions in several energy names in the quarter.
Photo: Shutterstock

Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom

AMLI

Shares of lithium stocks are trading higher. The commodity may be moving amid strength with China.

Shares of lithium companies are trading higher. Strength in the commodity may be due to a recent report suggesting Arkansas could have large lithium reserves.

Shares of lithium companies are trading lower possibly due to an oversupply of the metal. Betting markets project Donald Trump's victory in the U.S. presidential election, which may result in a drop in demand for commodities related to renewable energy.

ALTM

Lithium shares are trading lower. The commodity has been weighed down this year by an oversupply.

Sociedad Química y Minera shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral and lowered its price target from $55 to $44.

Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Sociedad Quimica Y Minera and provided 12-month price targets. The average target is $41.6, accompanied by a high estimate of $55.00 and a low estimate of $35.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 20.69%. 
<img src="https://www.benzinga.com/files/images/story/2024/1728651609_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Sociedad Quimica Y Minera among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lucas Ferreira</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Alejandro Demichelis</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$55.00</td>
<td>$62.80</td>
</tr>
<tr>
<td>Isabella Simonato</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$38.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Andres Castanos Mollor</td>
<td>Berenberg</td>
<td>Announces</td>
<td>Hold</td>
<td>$35.00</td>
<td>-</td>
</tr>
<tr>
<td>Corinne Blanchard</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$36.00</td>
<td>$45.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sociedad Quimica Y Minera. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Sociedad Quimica Y Minera compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sociedad Quimica Y Minera's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Sociedad Quimica Y Minera's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SQM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sociedad Quimica Y Minera analyst ratings.</a>
<h2>About Sociedad Quimica Y Minera</h2>
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is developing a hard rock lithium project in Australia and expanding its lithium refining assets in China.
<h3>Sociedad Quimica Y Minera: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Sociedad Quimica Y Minera's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -36.95%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Sociedad Quimica Y Minera's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 16.51% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Sociedad Quimica Y Minera's ROE excels beyond industry benchmarks, reaching 4.46%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.0%, the company showcases effective utilization of assets.
Debt Management: Sociedad Quimica Y Minera's debt-to-equity ratio is below the industry average. With a ratio of 0.91, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cracking The Code: Understanding Analyst Reviews For Sociedad Quimica Y Minera

JP Morgan analyst Lucas Ferreira downgrades Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) from Overweight to Neutral and lowers the price target from $55 to $44.

Downgrades

JP Morgan Downgrades Sociedad Quimica Y Minera to Neutral, Lowers Price Target to $44

On Monday, Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) confirmed that it is in <a target="_blank" href="https://www.riotinto.com/en/news/releases/2024/rio-tinto-confirms-approach-to-arcadium-lithium" rel="noreferrer noopener">non-binding talks to acquire</a> Arcadium Lithium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>), a <a target="_blank" href="https://www.benzinga.com/topic/lithium" rel="noreferrer noopener">major lithium miner</a> formed from the merger of Livent and Allkem. Both companies clarified that the discussions are preliminary, and there is no certainty that a transaction will proceed.
If the acquisition goes through, Rio Tinto would become one of the largest lithium producers globally, behind industry leaders like Albemarle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) and SQM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>).
However, the company would have to pay a significant premium, as industry insiders value Arcadium between $4 billion and $6 billion—representing a potential 60% premium over the company's market value.
Still, even that premium would be far off Arcadium's $10.6 billion valuation in January when a merger between Alkem and Livent <a target="_blank" href="https://www.benzinga.com/markets/commodities/23/12/36309873/livent-secures-allkem-merger-following-piper-sandler-downgrade" rel="noreferrer noopener">created the enterprise</a>.
Since then, a prolonged slump in the lithium market has sent the shares down by more than 50%, making it an acquisition target. The company is also a diverse producer, with an operational footprint in nine countries and high-profile customers such as Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), BMW, and General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>).
Michael Teran, deputy portfolio manager at Blackwattle Investment Partners, classified this move as an "opportunistic bid to take advantage of low lithium prices."
Most investors in the stock have already had a lot of pain or are there for the longer term, so they are looking through the cycle to see where this could end up," he said <a target="_blank" href="https://www.ft.com/content/a2f3f634-28fb-46cf-933e-9cc44b476a31" rel="noreferrer noopener">to</a> the Financial Times.
Rio Tinto already has significant lithium projects in development, including the Rincon project in Argentina and the Jadar project in Serbia. The company has committed <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/03/37855851/argentinas-lithium-mining-sector-gets-350m-boost-with-rio-tinto-investment" rel="noreferrer noopener">significant capital to developing Rincon</a>, with plans to invest $2 billion in building a lithium carbonate production plant to ramp up production in 2025.
However, the Jadar project has faced <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/06/39357247/rio-tinto-to-initiate-largest-european-lithium-project-by-2028" rel="noreferrer noopener">considerable opposition</a> from local communities in Serbia. They are concerned about environmental impacts and slowing progress on one of Rio's critical European ventures.
Owing to the mineral nature of the lithium there, the project could not even use Arcadium's advanced direct lithium extraction (DLE) technology, which the company has been refining. Still, it would be a valuable advancement for brine-based projects in South America.
The Australian listing of Arcadium Lithium rose 45.7% on the news, closing at A$6.09 ($4.13). The US premarket listing was up 30%, trading at $3.98&nbsp; as of 6 AM ET.
Read Next:
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<li><a href="https://www.benzinga.com/news/large-cap/24/10/41176539/vale-plans-to-expand-copper-output-invests-184m-for-domestic-critical-minerals" target="_blank" rel="noreferrer noopener">Vale Plans To Expand Copper Output, Invests $184M For Domestic Critical Minerals</a></li>
</ul>
Photo via Shutterstock

Large Cap

Rio Tinto Confirms Interest In Arcadium Lithium, Shares Surge

Source: <a href="https://www.streetwisereports.com/article/2024/09/25/co-s-q3-24-notable-for-tech-innovation-validation.html?utm_medium=feed">Streetwise Reports 09/25/2024</a>
These achievements pertain to the company&#39;s proprietary methods for sustainable lithium mining. Learn why one analyst rates the stock Immediate Strong Buy.
Lithos Group Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/litsf#OTC">LITSF</a>) provided a Q3/24 corporate and operational update highlighting the company&#39;s innovation and progress with its proprietary technologies, noted a news release.
&quot;Our achievements this quarter are just the beginning of a transformative period for Lithos&quot; Chief Executive Officer Scott Taylor said in the release. &quot;As demand for lithium continues to grow with the global push towards electric vehicles and renewable energy storage, we are confident that our innovative technologies position us to become a key player in meeting that demand sustainably.&quot;
<h2>AcQUA&trade; Technology Validated by Industry Giant</h2>
A highlight of the quarter was the successful testing of Lithos&#39; testing of its AcQUA&trade; technology, conducted in collaboration with Sociedad Quimica y Minera de Chile (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sqm#NYSE">SQM</a>), one of the world&#39;s largest lithium producers. The technology demonstrated its ability to remove impurities like magnesium, boric acid, calcium, and sulfates from the brine, resulting in high-purity, battery-grade lithium.
&quot;This validation from an industry leader that has tested nearly every direct lithium extraction (DLE) technology available solidifies our competitive edge&quot; Taylor said.
The AcQUA&trade; process is a patent-pending, hybrid, electro-pressure membrane method that enhances lithium concentration without requiring freshwater or harmful chemicals. Lithos has taken steps to protect its intellectual property by petitioning the U.S. Patent and Trademark Office to expedite the issuance of this vital patent.
<h2>Introducing TiERRA&trade; Technology: A Game-Changer for Sustainability</h2>
In addition to AcQUA&trade;, Lithos has introduced a second breakthrough technology: TiERRA&trade;, which is designed to address one of the most pressing challenges in the lithium industry &mdash; responsible re-injection of spent brine without depleting freshwater resources. TiERRA&trade; offers a post-DLE solution that allows brine to be re-injected at scale, reducing environmental impact and enhancing the economic viability of lithium extraction.
&quot;TiERRA&trade; acts like a turbocharger for DLE processes, recycling and conditioning brine to close the loop in lithium extraction&quot; Taylor explained.
Lithos is already working with two multinational corporations in the specialty chemicals and mining sectors that are testing AcQUA&trade; and considering TiERRA&trade; for large-scale re-injection projects.
<h2>Securing Funding for Commercial Expansion</h2>
Lithos secured Phase 2 funding through the U.S. Department of Energy&#39;s FASTRACK program to further validate AcQUA&trade; and TiERRA&trade;.
Now the company is pursuing a multimillion-dollar Phase 3 commercialization grant it would use to accelerate deployment of its two solutions at its customers&#39; lithium projects.
<h2>An Eye To Sustainable Production</h2>
Headquartered in Vancouver, British Columbia, Lithos Group aims to &quot;become the global standard in economically efficient, sustainable lithium production&quot; the company said. Its patented-pending AcQUA&trade; technology spans the whole value chain from the conditioning and pretreatment of raw brines, the primary bottleneck, through the DLE phase to the polishing and purification of battery-grade lithium feedstock. About 70% of global lithium resources are hosted in brine.
Lithos has two fully operational facilities, a 4,000-square-foot laboratory in Denver, Colo., and a 55,000-square-foot complex, permitted to produce pilot-scale lithium hydroxide, in Bessemer, Ala.
<h2>Batteries To Drive Sector Growth</h2>
The global lithium market is forecasted to more than triple in value by 2033, reaching US$28.45 billion (US$28.45B) from US$9.86B this year, Precedence Research wrote on Sept. 10. This reflects a compound annual growth rate of 12.5% during the forecast period.
Global demand for the critical metal is projected to continue climbing steadily until at least 2035, Statista data show, to 3,829,000 metric tons of lithium carbonate equivalent from 917,000 metric tons in 2023.
<blockquote class="callOut left">Technical Analyst Clive Maund explained that what is happening with the stock is unusual in that the price keeps dropping slowly yet the accumulation line keeps plowing ahead, &quot;creating a positive divergence that promises a reversal into a major bull market.&quot; Thus, he recommended investors add to their positions and stay long in Lithos.</blockquote>
Precedence Research attributed the projected growth to increasing demand for lithium batteries in various industries. Marin Katusa of Katusa Research pinpointed electric vehicles (EVs) and battery storage as the primary key drivers.
All major electric vehicle batteries require lithium, about 1.55 pounds per kilowatt hour of battery capacity, on average, he noted. Global battery cell manufacturing capacity is expected to hit 7.2 terawatt hours in 2030, more than triple its capacity in 2023.
&quot;I think the data speaks for itself that there&#39;s more growth and opportunity on the horizon&quot; Katusa wrote.
Another major catalyst, noted Katusa, &quot;for the U.S.-friendly lithium sector&quot; is the country&#39;s policy regarding foreign entities of concern (FEOCs), entities owned or controlled by, or subject to the jurisdiction of, certain countries, which today are China, North Korea, Russia, and Iran. This mandates that EVs will not qualify for the EV tax credit if any of the vehicle&#39;s battery components came from an FEOC (as of 2024) or if any of the applicable critical minerals came from an FEOC (starting in 2025).
Despite increasing demand and all stages of new lithium projects coming online, the global lithium market is headed toward a supply deficit, which could happen as soon as 2025, Jacob White with Sprott Asset Management told Stockhead on Aug. 9. Meanwhile, lithium prices may have hit their bottom. This is good news for investors, noted White, not just in lithium miners but also in companies throughout the supply chain.
<h2>The Catalysts</h2>
The key ongoing catalysts for Lithos are additional contracts for its technologies and further validation of the same from industry leaders, Taylor noted in the release.
&quot;We are moving closer to our goal of becoming a commercial services company that not only extracts lithium but does so in a way that safeguards the environment for future generations&quot; the CEO added.
<h2>Snapback Rally Predicted</h2>
Technical Analyst Clive Maund has an Immediate Strong Buy on Lithos stock because its charts show it is on the precipice of a snapback rally during which the price jumped initially to the CA$0.45&minus;0.50 range, he wrote in an Aug. 21 report. This reflects a 275&minus;317% upside from the company&#39;s share price at the time of the report, lower now than it was then.
Maund explained that what is happening with the stock is unusual in that the price keeps dropping slowly yet the accumulation line keeps plowing ahead, &quot;creating a positive divergence that promises a reversal into a major bull market.&quot; Thus, he recommended investors add to their positions and stay long in Lithos.
<h2>Ownership and Share Structure</h2>
The company said that about 60% of Lithos is held by insiders and management. According to Reuters, this includes CEO Scott Taylor, who has 14.19%, Independent Director Michael Westlake, who has 0.71%, and Independent Director Kevin McKenna, who has 0.05%.
About 27% of the company is held by strategic entities. The rest is retail.
Lithos has a market cap of CA$20.7 million and about 84.62 million shares outstanding. Its 52-week range is CA$0.98 to CA$0.20.
Important Disclosures:
<ol>
<li>Lithos Group Ltd. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Lithos Group Ltd.</li>
<li>Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>

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바이킹 펀드 매니지먼트(Viking Fund Management)의 최근 13F 공시를 보면, 2024년 대선을 앞두고 일부 석유 기업 주식을 매도하는 등 3분기에 어떤 회사를 사고 팔았는지 확인할 수 있다. 13F 공시를 통해 보고한 포지션은 다음과 같다.
우선, 바이킹펀드매니지먼트는 3분기에 일부 대형 석유 회사의 포지션을 포함하여 8개 종목을 완전히 매각했다.
<h3>3분기 매도 종목:</h3>
&#8211; 마라톤 오일 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>) 
&#8211; 쉘 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) 
&#8211; SM 에너지 컴퍼니 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) 
&#8211; 서던 코퍼 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>) 
&#8211; 소시에다드 퀴미카 미네라 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) 
&#8211; 머피 USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>) 
&#8211; 사노피 SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NYSE">SNY</a>) 
&#8211; 캑터스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>)
다음은 3분기에 펀드에 추가된 신규 주식이다. 분기 말 기준으로 달러 가치에 따라 크기별로 정렬되었다.
<h3>3분기 신규 매수 종목:</h3>
&#8211; 코디악 가스 서비스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>) 
&#8211; EQT 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) 
&#8211; HF 싱클레어 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DINO#NYSE">DINO</a>) 
&#8211; 웨더포드 인터네셔널 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) 
&#8211; NRG 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) 
&#8211; 버티브 홀딩스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) 
&#8211; 차트 인더스트리즈 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) 
&#8211; 비스타 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) 
&#8211; 유나이티드 마이크로엘릭트로닉스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) 
&#8211; 에버소스 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) 
&#8211; 포트랜드 제너럴 일렉트릭 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) 
&#8211; 레스토랑 브랜즈 인터내셔널 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) 
&#8211; 뉴트리엔 (NTR.TO – Canada)
주요 변화: 바이킹펀드는 기존 포지션에 대한 여러 가지 변화를 보였고, 새로운 포지션을 개시하기도 했다.
다음은 분기 중 기존 보유 주식 중 추가 매수 규모가 가장 큰 종목이다.
&#8211; 키비타스 리소시스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>): +16,900% 
&#8211; 브로드컴 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>): +882% 
&#8211; 라이온델바젤 인더스트리즈 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>): +400% 
&#8211; 리오 틴토 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>): +386% 
&#8211; 다우 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): +200%
다음은 분기 중 기존 보유 주식 중 매도 규모가 가장 큰 종목이다.
&#8211; 텍사스 퍼시픽 랜드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>): -60% 
&#8211; 테슬라 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): -50% 
&#8211; 할리버튼 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>): -40% 
&#8211; 엑슨모빌 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>): -36% 
&#8211; 오빈티브 (OVV.TO – Canada): -33%
왜 중요한가: 다음은 분기 말 기준으로 바이킹펀드에서 가장 큰 포지션을 달러 가치와 펀드에서 차지하는 비율로 순위를 매긴 것이다.
&#8211; 브로드컴: 2,796만 달러, 4.5% 
&#8211; 애브비 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>): 2,488만 달러, 4.0% 
&#8211; 넥스테라 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>): 2,265만 달러, 3.7% 
&#8211; 엔터지 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): 1,627만 달러, 2.6% 
&#8211; 블랙록(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): 1,424만 달러, 2.3%
바이킹펀드는 브로드컴에 대한 포지션을 크게 늘렸으며, 여전히 가장 큰 보유 종목이다. 또한 분기 동안 여러 석유주가 매각되었지만, 에너지 관련 새로운 포지션들이 열리기도 했다.
사진 출처: Shutterstock
이 기사도 읽어보세요: <a href="_wp_link_placeholder" data-wplink-edit="true">13F 공시: 넬슨 펠츠가 이끄는 트리안펀드매니지먼트의 대선 전 포트폴리오 리밸런싱</a>
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칠레의 국영 광산 회사인 코델코(Codelco)는 2030년까지 마리쿤가(Mariculga) 현장에서 리튬 생산 시작을 목표로 하고 있다.
칠레 산티아고에 본사를 둔 이 회사는 처음부터 프로젝트를 개발하고 있으며 이러한 노력을 위한 파트너를 찾고 있다.
로이터에 따르면 로스차일드(Rothschild &amp; Co)는 파트너 후보를 평가하고 있다. 코델코는 2025년 1분기까지 파트너 검색을 마무리하는 것을 목표로 하고 있다.
참고 자료: <a href="https://www.benzinga.com/news/24/06/39206488/antofagasta-signs-600-million-deal-to-boost-water-supply-for-centinela-expansion">안토파가스타, 센티넬라 확장을 위한 수도 공급 증진을 위한 6억 달러 계약 서명</a>
아타카마 사막에 위치한 마리쿤가 현장은 전기차(EV) 배터리의 필수 금속인 리튬을 상당량 공급할 것으로 예상된다. 이 프로젝트에는 두 가지 단계가 있다:
<ul>
<li>이 프로젝트의 첫 번째 단계에서는 초기 자본 지출이 12억 달러로 전통적인 증발 연못을 사용하여 연간 20,000미터톤의 탄산리튬 환산(LCE)을 생산하는 데 중점을 둘 것이다.</li>
<li>나중에 시작될 것으로 예상되는 두 번째 단계는 직접 리튬 추출(DLE) 기술을 통해 연간 30,000미터톤의 LCE를 추가로 생산하는 것을 목표로 하며, 예상 자본 지출은 11억 달러이다.</li>
</ul>
환경적 이점을 위해 DLE를 활용하라는 칠레의 대통령인 가브리엘 보리치의 지시에도 불구하고 증발 연못을 사용하는 오랜 전통은 DLE 기술이 아직 대규모 채택을 위한 준비가 되어 있지 않음을 시사한다.
코델코는 이것을 바꾸는 것을 목표로 한다. 최근 발표된 SQM(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>)과의 파트너십은 2023년까지 DLE 적응을 목표로 하고 있다. 기자회견에서 이 파트너십을 <a href="https://www.codelco.com/codelco-y-sqm-firman-acuerdo-para-asociacion-que-da-a-chile-liderazgo-en" target="_blank" rel="noopener">발표</a>하면서 코델코의 의장인 막시모 파체코(Maximo Pacheco)는 마리쿤가와 관련된 상황을 다루었다.
"우리는 강력한 재정적 지원, 검증된 파트너십 경험, 리튬에 대한 풍부한 지식을 갖춘 파트너를 찾고 있다. 우리의 선택 과정은 매우 개방적이고 유연하도록 설계되었다"고 그가 말했다.
그는 &#8220;우리는 모든 제안을 고려하고 그것이 우리의 전략적 목표에 어떻게 부합하는지에 따라 평가할 것&#8221;이라고 밝혔으며, 국제 기업을 포함해 30~40개 기업이 이 프로젝트에 관심을 표명했다고 밝혔습니다.
&#8220;우리는 제안된 모든 제안을 고려하고 이들이 우리의 전략적 목표와 어떻게 부합하는지를 평가할 것이다&#8221;고 그가 이를 명확히 하며 이 프로젝트에 관심을 표명한 국제기업들을 포함하여 30~40개 기업이 DLE 파트너십에 관심을 표명한다고 언급했다.
이제 읽기: <a href="https://www.benzinga.com/government/24/06/39204696/us-lithium-industry-gets-a-win-as-piedmont-saga-advances-but-permitting-remains-a-headwind">미국 리튬 산업은 피드몬트 사가의 발전으로 승리를 거두었지만 허가는 여전히 역풍으로 남아</a>
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