---
title: "SQM-Codelco Venture Targets More Than 70% Lithium Output Increase in Chile"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291683614.md"
description: "Chilean miners Sociedad Quimica y Minera de Chile (SQM) and Codelco are laying plans to lift production at their lithium partnership in Chile by more than 70%, Bloomberg reported. The companies are positioning the venture for higher long-term output as they bet on continued demand growth from batteries."
datetime: "2026-07-03T18:26:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291683614.md)
  - [en](https://longbridge.com/en/news/291683614.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291683614.md)
generator: "portal-rs"
---

# SQM-Codelco Venture Targets More Than 70% Lithium Output Increase in Chile

Chilean miners Sociedad Quimica y Minera de Chile (SQM) and Codelco are laying plans to lift production at their lithium partnership in Chile by more than 70%, Bloomberg reported. The companies are positioning the venture for higher long-term output as they bet on continued demand growth from batteries.

### Related Stocks

- [SQM.US](https://longbridge.com/en/quote/SQM.US.md)

## Related News & Research

- [SQM rises as Q2 routs expectations while lithium sales hit quarterly record](https://longbridge.com/en/news/296386459.md)
- [Sociedad Química y Minera’s Lithium Boom Is Back, But Iodine Steals the Show](https://longbridge.com/en/news/296519871.md)
- [SQM_A: Record revenue and profit growth fueled by lithium and iodine, with major expansion projects underway](https://longbridge.com/en/news/296314638.md)
- [SQM_A: Q2 2026 saw record revenue and profit, led by lithium and iodine growth, with strong sustainability focus](https://longbridge.com/en/news/296642474.md)
- [Cetera Investment Advisers Decreases Stake in Sociedad Quimica y Minera S.A. $SQM](https://longbridge.com/en/news/296450490.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**