China’s new battery tax sends Chile’s SQM sharply lower

Chile · Business Key Facts —The tax. China will impose a 2% consumption tax on lithium-ion batteries from 1 September 2026, rising to 4% in 2027, ending an exemption in place since 2015. —The sell-off. SQM shares fell 4% in Santiago on 17 July 2026, the day of the announcement, while the broader IPSA index…