Chemical & Mining Co of Chile (SQM) reported a net loss of $869.5 million for the three months ending March 31, 2024, with revenues of $1,084.5 million, a sharp decline from $2,263.9 million a year prior; however, lithium sales volumes rose over 30%. The company has acquired a 60% share in the Andover lithium project, reflecting its expansion strategy despite financial setbacks.