指引。(格隆汇) 格隆汇2月24日｜昨日收涨1.68%的智利矿业化工(SQM.US)今日美股盘前续涨2.23%，报74.7美元。消息 面上，在全球供应过剩局面逐步缓解之际，智利矿业化工与智利国家铜业公司(Codelco)的锂业合作项目 去年生产的锂略高于此前预测。据悉，双方的合资企业NovaAndino Litio SpA在2025年生产了23.3万吨 碳酸锂当量，这一产量高于2024年水平，也略高于智利矿业化工在去年11月给出的"接近23万吨"的最新 | SQM 智利矿业化工 | | | | --- | --- | --- | | 73.070 + +1.210 +1.68% | | 收盘价 02/23 16:00 美东 | | 74.700 + 1.630 +2.23% | | 盘前价 02/24 04:56 美东 | | ■ 24 5 ~ 9 同 0 自选 | | ● 快捷交易 | | 最高价 73.240 | 开盘价 71.990 | 成交量 74.84万 | | 最低价 71.080 | 昨收价 71.860 | 成交额 5424.01万 | | 平均价 72.471 | 市盈率 TM 12.91 ...

Codelco持有NovaAndino锂资产的控股权，而智利矿业化工负责智利北部广阔的阿塔卡马盐沼的运营。 NovaAndino拥有全球最大的盐湖卤水锂资源来源。该公司押注低成本优势以及电池需求的乐观前景， 正在扩大产能，目标是在未来几年将产量提高约30%。NovaAndino首席执行官Carlos Díaz上月表示，年 产量将在本十年末前逐步提升至30万吨。 在全球供应过剩局面逐步缓解之际，智利矿业化工(SQM.US)与智利国家铜业公司(Codelco)的锂业合作 项目去年生产的锂略高于此前预测。据悉，双方的合资企业NovaAndino Litio SpA在2025年生产了23.3 万吨碳酸锂当量，这一产量高于2024年水平，也略高于智利矿业化工在去年11月给出的"接近23万吨"的 最新指引。 与此同时，NovaAndino董事长Máximo Pacheco表示，Codelco与力拓集团(RIO.US)在马里昆加 (Maricunga)的锂业合作项目，仍在等待反垄断审批，之后才能签署股东协议。他还表示，Codelco去年 在智利矿山生产了133万吨铜，资本支出达到创纪录的52.8亿美元。他补充称，由于规模和 ...

Group 1 - The article emphasizes the importance of long-term investing, highlighting the benefits of compounding and dividend reinvesting as key strategies for wealth creation [1] - It advocates for a balanced investment approach that combines steady accumulation of high-quality assets with high-risk, high-reward opportunities and transformative technologies [1] - The author expresses a commitment to investing in companies and industries that contribute positively to society, reflecting a values-driven investment philosophy [1] Group 2 - The author identifies as an amateur investor with no formal education in investing, relying on self-education and learning from others [1] - The article mentions the author's extensive experience in academia, which may contribute to their analytical skills in investment research [1]

Core Insights - Gas and electricity prices remained elevated on average throughout the year due to geopolitical tensions and macroeconomic uncertainty [1] Group 1 - The increase in gas and electricity prices is attributed to ongoing geopolitical tensions [1] - Macroeconomic uncertainty has also contributed to the higher average prices of gas and electricity [1]

Core Viewpoint - Lithium prices remain significantly below the historical highs reached in 2023, but have been rising in recent months due to supply disruptions in China and strong demand, with further increases expected [1] Price Trends - Lithium spodumene and lithium hydroxide prices have increased by approximately 35% year-to-date, with spodumene prices more than doubling since late June and lithium hydroxide prices increasing by over 100% [1] Supply Chain Issues - China's lithium supply continues to be adversely affected by environmental inspections and permit suspensions, contributing to the price increases [1] - The demand for lithium is bolstered by cathode material producers replenishing inventory ahead of the Lunar New Year holiday [1] Demand Outlook - The demand outlook for lithium remains optimistic, with energy storage systems performing better than expected [1] Related Stocks - Relevant U.S. stocks in the lithium sector include Albemarle (ALB.US), Sociedad Química y Minera de Chile (SQM.US), Lithium Americas (LAC.US), Lithium Argentina (LAR.US), Sigma Lithium (SGML.US), and Standard Lithium (SLI.US) [1]

Group 1 - The Bloomberg Electric Vehicle Price Return Index increased by 1.32%, closing at 3662.78 points [1] - SQM, a Chilean chemical and mining company, saw a stock price increase of 7.1% [1] - US-based Albemarle Corporation's stock rose by 4.3% [1] - Xiaomi Group's H-shares closed up by 4.27% [1] - STMicroelectronics' stock in Europe increased by 2.92% [1] - Hesai Technology's stock declined by 6.2% [1] - Lucid Group's stock fell by 8.3% [1]

Industry Overview - The Zacks Chemicals Specialty industry is experiencing demand weakness primarily due to sluggishness in Europe, a slow economic recovery in China, and disruptions from tariffs [1] - The industry includes manufacturers of specialty chemical products used in various end-use markets such as textiles, automotive, electronics, and agriculture [3] Current Challenges - Companies in the chemical specialty space are facing headwinds from demand softness in building and construction and industrial end markets, particularly in Europe and China, due to economic slowdowns [4] - Elevated borrowing costs and inflation are negatively impacting the residential construction industry, while manufacturing activities have weakened amid softer demand for goods [4] - Specialty chemical makers are dealing with raw material and energy cost inflation, supply-chain disruptions, and elevated logistics and labor costs, which are pressuring margins [5] Strategic Responses - Industry players are implementing strategic measures such as cost-cutting, productivity improvements, and expansion into high-growth markets to navigate the challenging environment [6] - Companies are focusing on operational efficiency and strengthening their balance sheets to boost cash flows amid ongoing headwinds [6] Market Performance - The Zacks Chemicals Specialty industry has underperformed the S&P 500 and the broader Zacks Basic Materials sector over the past year, gaining only 0.4% compared to the S&P 500's 16.7% and the sector's 38% increase [9] - The industry currently trades at a trailing 12-month EV/EBITDA ratio of 12.75X, below the S&P 500's 18.97X and the sector's 16.71X [12] Company Highlights - **Sociedad Quimica y Minera de Chile S.A. (SQM)**: This company is benefiting from being a low-cost producer of potassium chloride and lithium, with strong demand driven by electric vehicle sales. SQM has an expected earnings growth of 180.6% for 2026, with a Zacks Rank of 1 (Strong Buy) [15][16] - **Element Solutions Inc (ESI)**: ESI is positioned for growth in the electronics sector, with strong organic growth offsetting weakness in industrial markets. The company has an expected earnings growth of 15.6% for 2026 and carries a Zacks Rank of 3 (Hold) [20][21] - **Flexible Solutions International Inc (FSI)**: FSI specializes in biodegradable products and has an expected earnings growth rate of 212.5% for 2026, maintaining a Zacks Rank of 3 [23][25]

Core Viewpoint - Tianqi Lithium Industries plans to dispose of part of its equity in its investee companies, Zhongchuang Innovation Aerospace Technology Group Co., Ltd. and Sociedad Química y Minera de Chile S.A. (SQM), to enhance asset liquidity and optimize existing assets [1] Group 1 - The disposal of equity stakes is intended to improve the company's asset liquidity and will be executed based on market conditions, stock prices, and other factors, indicating uncertainty in the timing and amount of the disposal [1] - The planned disposal of part of the A shares in SQM will not affect the company's board seat in SQM, ensuring continued participation in governance [1] - Due to the volatility of the securities market, the amount of funds raised from the disposal is subject to significant uncertainty [1]

Group 1 - Tianqi Lithium intends to sell a total of no more than 3,565,970 Class A shares of its associate company SQM [1]

Core Viewpoint - SQM is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating potential for significant near-term gains [2][3][11]. Momentum Characteristics - Momentum investing focuses on following a stock's recent price trends, with the strategy of buying high and selling higher [1]. - SQM's shares have increased by 10.19% over the past week, outperforming the Zacks Chemical - Specialty industry, which rose by 1.02% during the same period [5]. - Over the past month, SQM's price change is 18.66%, compared to the industry's 6.36% [5]. Long-Term Performance - SQM's shares have risen by 76.44% over the past quarter and 98.93% over the last year, significantly outperforming the S&P 500, which increased by only 1.27% and 16.57%, respectively [6]. Trading Volume - The average 20-day trading volume for SQM is 1,515,128 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7]. Earnings Outlook - Recent earnings estimate revisions for SQM show 2 upward revisions and 1 downward revision for the current fiscal year, raising the consensus estimate from $2.22 to $2.25 [9]. - For the next fiscal year, 3 estimates have moved upwards with no downward revisions, indicating positive sentiment [9]. Conclusion - Given the strong momentum indicators and positive earnings outlook, SQM is positioned as a compelling investment opportunity for those seeking stocks with high growth potential [11].