What’s better than a stock that crushes the broader market? One that also helps fight inflation with growing, high-yield dividends. That’s exactly what you get with Sociedad Quimica y Minera de Chile (NYSE:SQM).
Sociedad Quimica y Minera is a global mining and chemical company that produces plant nutrients, iodine and iodine derivatives, potassium, solar salts, and industrial metals, including lithium and lithium derivatives.
Lithium is the cornerstone of electric vehicle (EV) batteries and other energy storage products. That’s a plus for Sociedad Quimica y Minera de Chile, since the company is one of the world’s largest producers of the wonder metal.
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