Chile lithium miner SQM reports quarterly net profit down about 40%

(Reuters) – Chile’s SQM, the world’s second-largest lithium producer, reported a 40.9% fall in fourth-quarter net profit to $120.1 million on Wednesday.

The miner posted $1.07 billion in revenue during the October-December period.

(Reporting by Angela Christy in Bengaluru; Editing by Mrigank Dhaniwala)