Sociedad Química y Minera de Chile (SQM), a global leader in lithium production, delivered unprecedented shipment volumes in the first quarter of 2025. This performance came amid a persistent decline in lithium prices, now hovering at multi-year lows. SQM leverages its competitive cost structure to bolster market presence, even as sector profitability faces pressure due to softer pricing in the global battery metals landscape.

South Korea’s LG Energy Solution $373220.KS has announced its decision to withdraw from a high-profile Indonesian project aimed at manufacturing batteries for electric vehicles. Valued at 142 trillion rupiahs (approximately 8.45 billion USD), the project initially envisioned a comprehensive investment in the entire electric vehicle battery supply chain. This move reflects a strategic pivot in response to evolving market conditions and investment climates.