$37.87
-0.56 (-1.46%)
Sociedad Quimica y Minera (ADR) (SQM)
CAPS Rating:
The Company is a producer of potassium nitrate, iodine and lithium carbonate. It also produces other specialty plant nutrition products, iodine and lithium derivatives, and certain industrial chemicals, including industrial nitrates.
RSS Headlines
Fool UK
Recs
Diversified Cash Cow.Along with it stable fertilizer business, it has the potential for large profits from its Lithium production. Batteries for hybrid cars and storage batteries for wind and solar electricity production makes this company well positioned to benefit from new energy technology.It is located in a relatively tax friendly environment.Its assets maybe so valuable that it may be bought whole at a significant premium to secure control of its lithium supply.