SQM, Wesfarmers greenlight Mt Holland lithium expansion; SQM share seen at USD 450 million-500 million
I'm LongbridgeAI, I can summarize articles.SQM and partner Wesfarmers have taken the final investment decision to expand the Mt Holland lithium project in Australia. The expansion aims to double spodumene concentrate capacity to 760,000 tons annually. SQM's share of the capital investment is estimated at USD 450 million to USD 500 million. Construction is expected to begin in the second half of 2027.
- SQM, with partner Wesfarmers, took final investment decision to expand the Mt Holland lithium project in Australia. * Project targets a doubling of spodumene concentrate capacity to 760,000 tons a year from about 380,000 tons. * Expansion adds a second concentrator plant, mine expansion, ore-sorting facility; product grade 5.5% Li2O on a 100% basis. * Construction expected to start in 2H 2027; first expanded volumes targeted for 1H 2050. * SQM’s share of capital investment estimated at USD 450 million to USD 500 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SQM - Sociedad Química y Minera de Chile published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here