Chile's SQM quarterly profit rises as lithium prices rebound

Core Insights - Chilean lithium producer SQM reported a rise in third-quarter net profit due to an improved pricing environment, marking the first increase in average lithium prices in two years [1] Company Summary - SQM experienced a positive shift in its financial performance, attributed to better pricing conditions in the lithium market [1] Industry Summary - The lithium industry is witnessing a recovery in pricing, which has not been seen for the past two years, indicating potential growth opportunities for producers like SQM [1]