Sociedad Química y Minera de Chile S.A. provided production guidance for the year 2023 and 2024. For the year 2023, the expected to produce approximately 180,000-190,000 metric tons of lithium this year from operations in Chile and China.

For the year 2024, the company expected to ramp-up lithium carbonate capacity to 210,000 metric tons by the end of next year and expect to produce approximately 25,000 metric tons in China in 2024.