tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SQM Finalizes Codelco Partnership as Supreme Court Rejects Tianqi Appeal

Story Highlights
  • SQM is a global producer of lithium, potassium nitrate and iodine, serving health, nutrition and renewable energy markets.
  • The Chilean Supreme Court’s January 26, 2026 ruling rejected Tianqi’s appeal, confirming completion of SQM’s merger with Codelco’s subsidiary for Salar de Atacama development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SQM Finalizes Codelco Partnership as Supreme Court Rejects Tianqi Appeal

Claim 50% Off TipRanks Premium

Sociedad Quimica Y Minera SA ( (SQM) ) has provided an announcement.

On January 27, 2025, SQM announced that its merger by absorption of Codelco subsidiary Minera Tarar SpA into SQM’s subsidiary SQM Salar SpA (now Nova Andino Litio SpA), part of their broader partnership to develop the Salar de Atacama, has become fully effective after the Chilean Supreme Court rejected in full an appeal brought by Inversiones TLC SpA (linked to Tianqi) on January 26, 2026. By confirming the earlier ruling of the Santiago Court of Appeals and causing the condition subsequent to lapse, the Supreme Court’s decision removes the last legal uncertainty around the transaction and solidifies the long-term joint development framework between SQM and state-owned Codelco in Chile’s strategically important lithium-rich Salar de Atacama, clarifying the legal landscape for shareholders, partners and other stakeholders.

The most recent analyst rating on (SQM) stock is a Hold with a $91.00 price target. To see the full list of analyst forecasts on Sociedad Quimica Y Minera SA stock, see the SQM Stock Forecast page.

Spark’s Take on SQM Stock

According to Spark, TipRanks’ AI Analyst, SQM is a Neutral.

The score is led by mixed financial performance—solid balance sheet but pressured profitability and notably weak free cash flow—while technicals show a strong trend but overbought momentum risk. Valuation is demanding due to a high P/E, partly offset by an elevated dividend yield. Earnings call commentary was a relative positive with record volumes and constructive pricing/demand guidance, though volatility and CapEx adjustments add risk.

To see Spark’s full report on SQM stock, click here.

More about Sociedad Quimica Y Minera SA

Sociedad Química y Minera de Chile (SQM) is a global chemicals and mining company listed in New York and Santiago that develops and produces lithium, potassium nitrate, iodine and other specialty products used across health, nutrition, renewable energy and technology sectors, aiming to preserve a leading position in these key markets.

Average Trading Volume: 1,619,843

Technical Sentiment Signal: Buy

Current Market Cap: $23.39B

For an in-depth examination of SQM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1