SQM have released Q2 results. Lithium price >$54/t, which is a fantastic result. This compares to $38k/t in Q1 (+42%) and Allkem Q2 price of $41k/t (+32%). Further upside from contract re-negotiations in 2h 2022. A significant proportion of SQM volumes are industrial grade, not that it matters much in this market.

Looking forward to the LAC August Corporate Presentation, and hopefully some news on the expected C-O commissioning and production timetable.