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Chilean lithium miner SQM begins laying off 5% of local workforce

ReutersJun 25, 2025 3:55 PM

- Chilean lithium miner SQM SQMA.SN has begun laying off workers in its Chilean operations, according to a union memo to workers seen by Reuters on Wednesday.

A union source said the dismissals would amount to 5% of its workforce nationwide. SQM employs 8,344 people in Chile and elsewhere, with three-quarters working at the northern Chile operations where it extracts lithium, a key battery metal.

SQM declined to comment.

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