In this article we are going to list the 5 biggest lithium companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest lithium companies in the world.
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5. SQM (NYSE: SQM)
Market Cap: $6.44 Billion
Revenue in 2019: $1.86 Billion
Founded in 1968, Sociedad Quimica y Minera de Chile, or SQM, is a Chilean chemical company which supplies iodine, lithium, and other industrial chemicals. The company is based in Santiago, Chile and is the world’s biggest lithium producer. The company produces lithium carbonate and lithium hydroxide from brine in the Salar de Atacama salt flat in the Atacama desert in North Chile. The company has reported a capacity of 70,000 tons of lithium carbonate in 2020.The lithium concentrations extracted are produced into lithium carbonate and lithium hydroxide in the Salar del Carmen plant.