Consolidated Interim Financial Statements | Assets | Note N° | As of March 31, 2025 (Unaudited) | As of December 31, 2024 (Audited) | ||||||||
| ThUS$ | ThUS$ | ||||||||||
| Current Assets | |||||||||||
| Cash and cash equivalents | 10.1 | 1,656,089 | 1,377,851 | ||||||||
| Other current financial assets | 13.1 | 704,127 | 1,079,595 | ||||||||
| Other current non-financial assets | 17 | 134,925 | 200,705 | ||||||||
| Trade and other receivables, current | 13.2 | 654,077 | 606,137 | ||||||||
| Trade receivables due from related parties, current | 12.5 | 29,842 | 28,706 | ||||||||
| Current inventories | 11 | 1,788,763 | 1,702,185 | ||||||||
| Current tax assets | 26.1 | 628,085 | 583,143 | ||||||||
| Total current assets other than those classified as held for sale or disposal | 5,595,908 | 5,578,322 | |||||||||
| Non-current assets or groups of assets classified as held for sale | 118 | 118 | |||||||||
| Total non-current assets held for sale | 118 | 118 | |||||||||
| Total current assets | 5,596,026 | 5,578,440 | |||||||||
| Non-current assets | |||||||||||
| Other non-current financial assets | 13.1 | 46,151 | 60,706 | ||||||||
| Other non-current non-financial assets | 17 | 356,589 | 364,166 | ||||||||
| Non-current trade receivables | 13.2 | 3,219 | 2,727 | ||||||||
| Non-current inventories | 11 | 95,185 | 155,821 | ||||||||
| Investments accounted for under the equity method | 8.1-9.1 | 603,422 | 585,794 | ||||||||
| Intangible assets other than goodwill | 15.1 | 165,355 | 167,968 | ||||||||
| Goodwill | 15.1 | 958 | 948 | ||||||||
| Property, plant and equipment net | 16.1 | 4,333,760 | 4,277,824 | ||||||||
| Right-of-use assets | 14.1 | 81,263 | 84,070 | ||||||||
| Non-current tax assets | 26.1 | 59,580 | 59,541 | ||||||||
| Deferred tax assets | 26.3 | 145,444 | 157,564 | ||||||||
| Total non-current assets | 5,890,926 | 5,917,129 | |||||||||
| Total assets | 11,486,952 | 11,495,569 | |||||||||
Consolidated Interim Financial Statements Consolidated Interim Financial Statements | Liabilities and Equity | Note N° | As of March 31, 2025 (Unaudited) | As of December 31, 2024 (Audited) | ||||||||
| ThUS$ | ThUS$ | ||||||||||
| Current liabilities | |||||||||||
| Other current financial liabilities | 13.4 | 901,189 | 1,163,468 | ||||||||
| Lease liabilities, current | 14.2 | 23,998 | 23,011 | ||||||||
| Trade and other payables, current | 13.5 | 405,473 | 471,449 | ||||||||
| Current trade payables due to related parties | 12.6 | 9,190 | 10,265 | ||||||||
| Other current provisions | 19.1 | 293,481 | 311,197 | ||||||||
| Current tax liabilities | 26.2 | 130,078 | 79,841 | ||||||||
| Provisions for employee benefits, current | 18.1 | 14,667 | 31,546 | ||||||||
| Other current non-financial liabilities | 19.4 | 164,967 | 128,039 | ||||||||
| Total current liabilities | 1,943,043 | 2,218,816 | |||||||||
| Non-current liabilities | |||||||||||
| Other non-current financial liabilities | 13.4 | 3,765,425 | 3,600,582 | ||||||||
| Non-current lease liabilities | 14.2 | 57,249 | 60,801 | ||||||||
| Other non-current provisions | 19.1 | 58,387 | 53,317 | ||||||||
| Deferred tax liabilities | 26.3 | 298,536 | 298,379 | ||||||||
Non-current provisions for employee benefits | 18.1 | 71,874 | 65,607 | ||||||||
| Total non-current liabilities | 4,251,471 | 4,078,686 | |||||||||
| Total liabilities | 6,194,514 | 6,297,502 | |||||||||
| Equity | |||||||||||
| Equity attributable to owners of the Parent | 20 | ||||||||||
| Share capital | 1,577,623 | 1,577,623 | |||||||||
| Retained earnings | 3,716,881 | 3,620,612 | |||||||||
| Other reserves | (40,988) | (37,416) | |||||||||
| Equity attributable to owners of the Parent | 5,253,516 | 5,160,819 | |||||||||
| Non-controlling interests | 38,922 | 37,248 | |||||||||
| Total equity | 5,292,438 | 5,198,067 | |||||||||
| Total liabilities and equity | 11,486,952 | 11,495,569 | |||||||||
Consolidated Interim Financial Statements | Consolidated Interim Statements of Income | Note N° | For the period from January to March of the year | |||||||||
| 2025 | 2024 | ||||||||||
| ThUS$ | ThUS$ | ||||||||||
| Revenue | 22.1 | 1,036,630 | 1,084,517 | ||||||||
| Cost of sales | 22.2 | (731,946) | (715,988) | ||||||||
| Gross profit | 304,684 | 368,529 | |||||||||
| Other income | 22.3 | 1,334 | 1,291 | ||||||||
| Administrative expenses | 22.4 | (43,368) | (38,321) | ||||||||
| Other expenses | 22.5 | (16,579) | (16,201) | ||||||||
| Impairment of financial assets and reversal of impairment losses | 22.7 | (28) | 576 | ||||||||
| Other losses | 22.6 | (1,108) | (2,036) | ||||||||
| Income from operating activities | 244,935 | 313,838 | |||||||||
| Finance income | 22.10 | 19,660 | 26,320 | ||||||||
| Finance costs | 16-22.9 | (53,939) | (46,839) | ||||||||
| Share of profit of associates and joint ventures accounted for using the equity method | 8.1-9.3 | 2,832 | 4,555 | ||||||||
| Foreign currency translation differences | 24 | (1,770) | 2,302 | ||||||||
| Income before taxes | 211,718 | 300,176 | |||||||||
| Income tax expense | 26.3 | (73,384) | (1,168,843) | ||||||||
| Net (losses) Income | 138,334 | (868,667) | |||||||||
| Net income (losses) attributable to: | |||||||||||
| Net income (losses) attributable to owners of the parent | 137,528 | (869,508) | |||||||||
| Net Income attributable to non-controlling interests | 806 | 841 | |||||||||
| Net income (losses) | 138,334 | (868,667) | |||||||||
| Earnings per share | Note N° | For the period from January to March of the year | |||||||||
| 2025 | 2024 | ||||||||||
| ThUS$ | ThUS$ | ||||||||||
| Common shares | |||||||||||
| Basic Earnings (losses) per share (US$ per share) | 0.4815 | (3.0440) | |||||||||
| Diluted common shares | |||||||||||
| Diluted Earnings (losses) per share (US$ per share) | 0.4815 | (3.0440) | |||||||||
Consolidated Interim Financial Statements Consolidated Interim Financial Statements | Consolidated Interim Statements of Comprehensive Income | For the period from January to March of the year | ||||||||||||||||
| 2025 | 2024 | ||||||||||||||||
| ThUS$ | ThUS$ | ||||||||||||||||
| Net income (losses) | 138,334 | (868,667) | |||||||||||||||
| Items of other comprehensive income that will not be reclassified to income for the year, before taxes | |||||||||||||||||
| Gains from measurements of defined benefit plans | 410 | 4,944 | |||||||||||||||
| Gains(losses) from financial assets measured at fair value through other comprehensive income | 1,295 | (12,074) | |||||||||||||||
| Total other comprehensive income (loss) that will not be reclassified to income for the year, before taxes | 1,705 | (7,130) | |||||||||||||||
| Items of other comprehensive income that will be reclassified to income for the year, before taxes | |||||||||||||||||
| Gains (Losses) from foreign currency exchange | 212 | (636) | |||||||||||||||
| Cash flow hedges- effective portion of changes in fair value | 2,986 | 3,448 | |||||||||||||||
| Cash flow hedges-reclassified to income for the period | (9,948) | (4,208) | |||||||||||||||
| Total other comprehensive (losses) that will be reclassified to income for the year | (6,750) | (1,396) | |||||||||||||||
| Other items of other comprehensive (losses), before taxes | (5,045) | (8,526) | |||||||||||||||
| Income taxes related to items of other comprehensive income that will not be reclassified to profit for the year | |||||||||||||||||
| Income tax (expense) benefit related to defined benefit plans measured through other comprehensive income | (141) | (1,347) | |||||||||||||||
| Income tax expense related to gains on financial assets irrevocably measured at fair value through other comprehensive income | (350) | 93 | |||||||||||||||
| Total income tax relating to components of other comprehensive income that will be not reclassified to profit for the year | (491) | (1,254) | |||||||||||||||
| Income taxes relating to components of other comprehensive income that will be reclassified to profit for the year | |||||||||||||||||
| Income tax expense related to gains on cash flow hedges | 1,880 | 205 | |||||||||||||||
| Total income tax benefit relating to components of other comprehensive income that will be reclassified to profit for the year | 1,880 | 205 | |||||||||||||||
| Total other comprehensive (loss) | (3,656) | (9,575) | |||||||||||||||
| Total comprehensive income (loss) | 134,678 | (878,242) | |||||||||||||||
| Comprehensive income (loss) attributable to | |||||||||||||||||
| Comprehensive income (loss) attributable to owners of the parent | 133,943 | (879,262) | |||||||||||||||
| Comprehensive income attributable to non-controlling interest | 735 | 1,020 | |||||||||||||||
| 134,678 | (878,242) | ||||||||||||||||
Consolidated Interim Financial Statements | Consolidated Interim Statements of Cash Flows | Note N° | For the period from January to March of the year | |||||||||
| 2025 | 2024 | ||||||||||
| ThUS$ | ThUS$ | ||||||||||
| Cash flows generated from (used in) operating activities | |||||||||||
| Classes of cash receipts generated from operating activities | |||||||||||
| Cash receipts from sales of goods and rendering of services | 1,101,004 | 1,163,307 | |||||||||
| Cash receipts from premiums and benefits, annuities and other benefits from policies entered | - | - | |||||||||
| Cash receipts derived from sub-leases | - | - | |||||||||
| Classes of Payments | |||||||||||
| Cash payments to suppliers for the provision of goods and services | (892,547) | (952,619) | |||||||||
| Cash payments relating to variable leases | 22.8 | (856) | (1,535) | ||||||||
| Other payments related to operating activities | (18,456) | (5,248) | |||||||||
| Net cash generated from operating activities | 189,145 | 203,905 | |||||||||
| Dividends received | 8.1-9.1 | 1,073 | 12,500 | ||||||||
| Interest paid | (70,387) | (34,596) | |||||||||
| Interest paid on lease liabilities | 22.9 | (767) | (578) | ||||||||
| Interest received | 31,207 | 26,579 | |||||||||
| Income taxes paid | (55,352) | (107,639) | |||||||||
| Other cash inflows (1) | 3.4 | 120,976 | 50,395 | ||||||||
| Net Cash generated from operating activities | 215,895 | 150,566 | |||||||||
| 182,234 | |||||||||||
| Cash flows generated from (used in) investing activities | |||||||||||
| Purchase of ownership interest in associates and joint ventures | 9.4 | 30 | (5,665) | ||||||||
| Cash flows from purchase of interests in associates | - | - | |||||||||
| Acquisition of equity instruments | (95) | (198) | |||||||||
| Acquisition of subsidiaries | 2.5 | - | (9,024) | ||||||||
| Proceeds from the sale of property, plant and equipment | - | - | |||||||||
| Payment of loans from related entities | (1,075) | - | |||||||||
| Acquisition of property, plant and equipment | (177,775) | (173,600) | |||||||||
| Proceeds from sales of intangible assets | 45 | 34 | |||||||||
| Proceeds related to futures, forward options and swap contracts | 345 | 470 | |||||||||
| Loans to related parties | (7,752) | (1,213) | |||||||||
| Purchase of other long-term assets | 17 | (1,284) | (1,695) | ||||||||
| Other cash inflows (2) (3) | 368,675 | 341,652 | |||||||||
| Cash flow used in from investing activities | 181,114 | 150,761 | |||||||||
Consolidated Interim Financial Statements Consolidated Interim Financial Statements | Consolidated Interim Statements of Cash Flows | Note N° | For the period from January to March of the year | |||||||||
| 2025 | 2024 | ||||||||||
| ThUS$ | ThUS$ | ||||||||||
| Cash flows generated from (used in) financing activities | |||||||||||
| Payments of lease liabilities | (6,653) | (4,785) | |||||||||
| Proceeds from long-term loans | 164,000 | - | |||||||||
| Receipts from short-term loans | 185,000 | 15,000 | |||||||||
| Loan repayments | (456,905) | (22,571) | |||||||||
| (Payments) proceeds from hedges associated to loans | (151) | 516 | |||||||||
Dividends paid | (4,075) | (607) | |||||||||
| Net cash flows generated from (used in) financing activities | (118,784) | (12,447) | |||||||||
| Net increase in cash and cash equivalents before the effect of changes in the exchange rate | 278,225 | 288,880 | |||||||||
| Effects of exchange rate fluctuations on cash and cash equivalents | 13 | (14,512) | |||||||||
| Increase in cash and cash equivalents | 278,238 | 274,368 | |||||||||
| Cash and cash equivalents at beginning | 1,377,851 | 1,041,369 | |||||||||
| Cash and cash equivalents at end | 10 | 1,656,089 | 1,315,737 | ||||||||
Consolidated Interim Financial Statements Consolidated Interim Financial Statements Consolidated Interim Financial Statement | Consolidated Statements of Changes in Equity | Share capital | Foreign currency translation reserves | Hedge reserves | Gains and losses from financial assets reserve | Actuarial gains and losses from defined benefit plans reserve | Accumulated other comprehensive income | Other miscellaneous reserves | Total reserves | Retained earnings | Equity attributable to owners of the Parent | Non-controlling interests | Total Equity | ||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||
| Equity at January 1, 2025 | 1,577,623 | (38,024) | 7,314 | (5,702) | (11,179) | (47,591) | 10,175 | (37,416) | 3,620,612 | 5,160,819 | 37,248 | 5,198,067 | ||||||||||||||||||||||||||
Net income | - | - | - | - | - | - | - | - | 137,528 | 137,528 | 806 | 138,334 | ||||||||||||||||||||||||||
| Other comprehensive (loss) income | - | 276 | (5,082) | 945 | 276 | (3,585) | - | (3,585) | - | (3,585) | (71) | (3,656) | ||||||||||||||||||||||||||
| Comprehensive income | - | 276 | (5,082) | 945 | 276 | (3,585) | - | (3,585) | 137,528 | 133,943 | 735 | 134,678 | ||||||||||||||||||||||||||
| Dividends (1) | - | - | - | - | - | - | - | - | (41,259) | (41,259) | (363) | (41,622) | ||||||||||||||||||||||||||
Other increases (decreases) in equity | - | - | - | - | - | - | 13 | 13 | - | 13 | 1,302 | 1,315 | ||||||||||||||||||||||||||
| Total changes in equity | - | 276 | (5,082) | 945 | 276 | (3,585) | 13 | (3,572) | 96,269 | 92,697 | 1,674 | 94,371 | ||||||||||||||||||||||||||
| Equity as of March 31, 2025 | 1,577,623 | (37,748) | 2,232 | (4,757) | (10,903) | (51,176) | 10,188 | (40,988) | 3,716,881 | 5,253,516 | 38,922 | 5,292,438 | ||||||||||||||||||||||||||
| Consolidated Interim Statements of Changes in Equity | Share capital | Foreign currency translation reserves | Hedge reserves | Gains and losses from financial assets reserve | Actuarial gains and losses from defined benefit plans reserve | Accumulated other comprehensive income | Other miscellaneous reserves | Total reserves | Retained earnings | Equity attributable to owners of the Parent | Non-controlling interests | Total Equity | ||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||
| Equity at January 1, 2024 | 1,577,643 | (4,921) | (930) | 122,294 | (13,454) | 102,989 | 11,881 | 114,870 | 3,838,162 | 5,530,675 | 36,230 | 5,566,905 | ||||||||||||||||||||||||||
| Net loss | - | - | - | - | - | - | - | - | (869,508) | (869,508) | 841 | (868,667) | ||||||||||||||||||||||||||
| Other comprehensive (loss) income | - | (820) | (555) | (11,981) | 3,602 | (9,754) | - | (9,754) | - | (9,754) | 179 | (9,575) | ||||||||||||||||||||||||||
| Comprehensive income | - | (820) | (555) | (11,981) | 3,602 | (9,754) | - | (9,754) | (869,508) | (879,262) | 1,020 | (878,242) | ||||||||||||||||||||||||||
| Dividends (1) | - | - | - | - | - | - | - | - | - | - | (247) | (247) | ||||||||||||||||||||||||||
| Capital decrease | (20) | - | - | - | - | - | 20 | 20 | - | - | - | - | ||||||||||||||||||||||||||
| Other increases in equity | - | - | - | - | - | - | 26 | 26 | - | 26 | - | 26 | ||||||||||||||||||||||||||
| Total changes in equity | (20) | (820) | (555) | (11,981) | 3,602 | (9,754) | 46 | (9,708) | (869,508) | (879,236) | 773 | (878,463) | ||||||||||||||||||||||||||
| Equity as of March 31, 2024 | 1,577,623 | (5,741) | (1,485) | 110,313 | (9,852) | 93,235 | 11,927 | 105,162 | 2,968,654 | 4,651,439 | 37,003 | 4,688,442 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Employees | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| SQM S.A. | Other subsidiaries | Total | SQM S.A. | Other subsidiaries | Total | |||||||||||||||
| Executives | 24 | 175 | 1999 | 25 | 167 | 192 | ||||||||||||||
| Professionals | 210 | 3,244 | 3,454 | 211 | 3,179 | 3,390 | ||||||||||||||
| Technicians and operators | 418 | 4,353 | 4,771 | 411 | 4,351 | 4,762 | ||||||||||||||
| Total | 652 | 7,772 | 8,424 | 647 | 7,697 | 8,344 | ||||||||||||||
| Place of work | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| SQM S.A. | Other subsidiaries | Total | SQM S.A. | Other subsidiaries | Total | |||||||||||||||
| In Chile | 652 | 6,660 | 7,312 | 647 | 6,611 | 7,258 | ||||||||||||||
| Outside Chile | - | 1,112 | 1,112 | - | 1,086 | 1,086 | ||||||||||||||
| Total | 652 | 7,772 | 8,424 | 647 | 7,697 | 8,344 | ||||||||||||||
| Shareholders as of March 31, 2025 | No, of Series A | % of Series A shares | No, of Series B | % of Series B shares | % of total shares | ||||||||||||
| Inversiones TLC SpA | 62,556,568 | 43.80 | % | - | - | 21.90 | % | ||||||||||
| The Bank Of New York Mellon ADRS | - | - | 46,973,918 | 32.89 | % | 16.45 | % | ||||||||||
| Sociedad De Inversiones Pampa Calichera S.A. | 41,775,389 | 29.25 | % | 1,611,227 | 1.13 | % | 15.19 | % | |||||||||
| Potasios De Chile S.A. | 18,179,147 | 12.73 | % | - | - | 6.36 | % | ||||||||||
| Banco De Chile on behalf of State Street | - | - | 10,848,766 | 7.60 | % | 3.80 | % | ||||||||||
| AFP Habitat S.A. | 615,559 | 0.43 | % | 9,921,018 | 6.95 | % | 3.69 | % | |||||||||
| Global Mining SpA | 8,798,539 | 6.16 | % | - | - | 3.08 | % | ||||||||||
| AFP Capital S.A. | - | - | 7,759,704 | 5.43 | % | 2.72 | % | ||||||||||
Banco Santander on behalf of foreign investors | - | - | 7,631,639 | 5.34 | % | 2.67 | % | ||||||||||
| AFP Provida S.A. | - | - | 7,619,850 | 5.34 | % | 2.67 | % | ||||||||||
| AFP Cuprum S.A. | - | - | 7,264,046 | 5.09 | % | 2.54 | % | ||||||||||
| Banco De Chile on Behalf of Non-Resident Third Parties | 55,407 | 0.04 | % | 4,789,624 | 3.35 | % | 1.70 | % | |||||||||
Notes to the Consolidated Interim Financial Statements | Shareholders as of December 31, 2024 | No, of Series A | % of Series A shares | No, of Series B | % of Series B shares | % of total shares | ||||||||||||
Inversiones TLC SpA | 62,556,568 | 43.80 | % | - | - | 21.90 | % | ||||||||||
Sociedad De Inversiones Pampa Calichera S.A. | 41,885,389 | 29.33 | % | 1,611,227 | 1.13 | % | 15.23 | % | |||||||||
The Bank Of New York Mellon ADRS | - | - | 42,599,351 | 29.83 | % | 14.91 | % | ||||||||||
Potasios De Chile S.A. | 18,179,147 | 12.73 | % | - | - | 6.36 | % | ||||||||||
| Banco De Chile on behalf of State Street | - | - | 11,210,700 | 7.85 | % | 3.92 | % | ||||||||||
AFP Habitat S.A. | 614,872 | 0.43 | % | 9,927,240 | 6.95 | % | 3.69 | % | |||||||||
Global Mining SpA | 8,798,539 | 6.16 | % | - | - | 3.08 | % | ||||||||||
AFP Provida S.A. | - | - | 8,160,173 | 5.71 | % | 2.86 | % | ||||||||||
AFP Capital S.A. | - | - | 7,924,281 | 5.55 | % | 2.77 | % | ||||||||||
AFP Cuprum S.A. | - | - | 7,867,910 | 5.51 | % | 2.75 | % | ||||||||||
| Banco Santander on behalf of foreign investors | - | - | 7,809,941 | 5.47 | % | 2.73 | % | ||||||||||
Banco De Chile on Behalf of Non-Resident Third Parties | 55,980 | 0.04 | % | 4,965,585 | 3.48 | % | 1.76 | % | |||||||||
Notes to the Consolidated Interim Financial Statements | Consolidated financial statements | Original reported balances as of December 31, 2024 | Reclasificación | Balance as of December 31, 2024 | ||||||||
MUS$ | MUS$ | MUS$ | |||||||||
| Property, plant, and equipment | 4,433,645 | (155,821) | 4,277,824 | ||||||||
| Non-current inventories | - | 155,821 | 155,821 | ||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Amendments and improvements | Description | Mandatory for annual periods beginning on or after | ||||||
Amendments to IAS 21 - Lack of exchangeability | currency that cannot be exchanged with another currency for a specific purpose as of the measurement date. One currency is exchangeable into another when the other currency can be obtained with a normal administrative delay, and the transaction is performed using a market or exchange mechanism that creates enforceable rights and obligations. This amendment contains instructions regarding the exchange rate to be used when the currency is not exchangeable, as previously described. Early adoption is permitted. | 01-01-2025 | ||||||
Notes to the Consolidated Interim Financial Statements | Standards and Interpretations | Description | Mandatory for annual periods beginning on or after | ||||||
| Amendments to IFRS 9 and IFRS 7 - Classification and Measurement of Financial Instruments. Issued in May 2024 | This amendment: - Clarifies the requirements for the timing of recognition and derecognition of certain financial assets and liabilities, introducing a new exception for certain financial liabilities settled through an electronic cash transfer system; - Clarifies and provides additional guidance for assessing whether a financial asset meets the criterion of solely payment of principal and interest (SPPI); - Adds new disclosures for certain instruments with contractual terms that can change cash flows (such as some instruments with features linked to the achievement of environmental, social and governance (ESG) objectives); and - Updates the disclosures for equity instruments at fair value through other comprehensive income (FVOCI). | 01-01-2026 | ||||||
| Annual Improvements to IFRSs | The following improvements were published in July 2024: -IFRS 1 First-time Adoption of International Financial Reporting Standards. Some cross-references to IFRS 9 in paragraphs B5-B6 regarding the retrospective application exception for hedge accounting were improved. -IFRS 7 Financial Instruments: Disclosures. In relation to disclosures of gains/losses arising from derecognition of financial assets with continuing involvement, a reference to IFRS 13 is incorporated in order to disclose whether there are significant unobservable inputs with an impact on the fair value and, therefore, on part of the gain/loss from derecognition. -IFRS 9 Financial Instruments. A reference to the initial measurement of receivables was amended by eliminating the term "transaction price". -IFRS 10 Consolidated Financial Statements Some improvements were included in the description of the control assessment when there are “de facto agents”. -IAS 7 Statement of Cash Flows. Paragraph 37 regarding the concept of “equity method” was amended by eliminating the reference to the “cost method”. | 01-01-2026 | ||||||
| IFRS 18 Presentation and Disclosure in Financial Statements | The new standard on presentation and disclosure in financial statements, with a focus on updates to the statement of profit or loss. The key new concepts introduced in IFRS 18 relate to: - the structure of the statement of profit or loss; - required disclosures in the financial statements for certain profit or loss performance measures that are reported outside an entity’s financial statements (that is, management-defined performance measures); and - enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes in general. | 01-01-2027 | ||||||
| Amendment to IFRS 9 and IFRS 7: Contracts referencing nature-dependent electricity. | Published in December 2024. This amendment includes: - Clarifying the application of the “own-use” requirements; - Permitting hedge accounting if these contracts are used as hedging instruments; - Adding new disclosure requirements to enable investors to understand the effect of these contracts on a company’s financial performance and cash flows. | 01-01-2026 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Subsidiaries | TAX ID No. | Address | Country of Incorporation | Functional Currency | Ownership Interest | ||||||||||||||||||
| Direct | Indirect | Total | |||||||||||||||||||||
| SQM Nitratos S.A. | 96.592.190-7 | El Trovador 4285, Las Condes | Chile | Dollar | 99.9999 | 0.0001 | 100.0000 | ||||||||||||||||
| SQM Potasio SpA (6) | 96.651.060-9 | El Trovador 4285, Las Condes | Chile | Dollar | 100.0000 | - | 100.0000 | ||||||||||||||||
Serv. Integrales de Tránsito y Transf. S.A. | 79.770.780-5 | Arturo Prat 1060, Tocopilla | Chile | Dollar | 0.0003 | 99.9997 | 100.0000 | ||||||||||||||||
| Isapre Norte Grande Ltda. | 79.906.120-1 | Aníbal Pinto 3228, Antofagasta | Chile | Peso | 1.0000 | 99.0000 | 100.0000 | ||||||||||||||||
| Ajay SQM Chile S.A. | 96.592.180-K | Av. Pdte. Eduardo Frei 4900, Santiago | Chile | Dollar | 51.0000 | - | 51.0000 | ||||||||||||||||
| Almacenes y Depósitos Ltda. (17) | 79.876.080-7 | El Trovador 4285, Las Condes | Chile | Peso | - | - | - | ||||||||||||||||
| SQM Salar SpA (7) | 79.626.800-K | El Trovador 4285, Las Condes | Chile | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Industrial S.A. | 79.947.100-0 | El Trovador 4285, Las Condes | Chile | Dollar | 99.0470 | 0.9530 | 100.0000 | ||||||||||||||||
| Exploraciones Mineras S.A. | 76.425.380-9 | El Trovador 4285, Las Condes | Chile | Dollar | 0.2691 | 99.7309 | 100.0000 | ||||||||||||||||
| Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. | 76.534.490-5 | Aníbal Pinto 3228, Antofagasta | Chile | Peso | - | 100.0000 | 100.0000 | ||||||||||||||||
| Soquimich Comercial S.A. | 79.768.170-9 | El Trovador 4285, Las Condes | Chile | Dollar | - | 60.6383 | 60.6383 | ||||||||||||||||
| Comercial Agrorama Ltda. (1) | 76.064.419-6 | El Trovador 4285, Las Condes | Chile | Peso | - | 60.6383 | 60.6383 | ||||||||||||||||
| Comercial Hydro S.A. | 96.801.610-5 | El Trovador 4285, Las Condes | Chile | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Agrorama S.A. | 76.145.229-0 | El Trovador 4285, Las Condes | Chile | Peso | - | 60.6383 | 60.6383 | ||||||||||||||||
| Orcoma Estudios SpA | 76.359.919-1 | Apoquindo 3721 OF 131, Las Condes | Chile | Dollar | 100.0000 | - | 100.0000 | ||||||||||||||||
| Orcoma SpA | 76.360.575-2 | Los Militares 4290, Las Condes | Chile | Dollar | 100.0000 | - | 100.0000 | ||||||||||||||||
| SQM MAG SpA | 76.686.311-9 | Los Militares 4290, Las Condes | Chile | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Sociedad Contractual Minera Búfalo | 77.114.779-8 | Los Militares 4290, Las Condes | Chile | Dollar | 99.9000 | 0.1000 | 100.0000 | ||||||||||||||||
| SQM Nueva Potasio SpA (8) | 76.630.159-2 | Los Militares 4290, Las Condes | Chile | Dollar | 99.6703 | 0.3297 | 100.0000 | ||||||||||||||||
| SQM Lab SpA (14) | 78.009.141-K | Los Militares 4290, Las Condes | Chile | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM North America Corp. | Foreign | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA | United States of America | Dollar | 40.0000 | 60.0000 | 100.0000 | ||||||||||||||||
| RS Agro Chemical Trading Corporation A.V.V. (2) | Foreign | Caya Ernesto O. Petronia 17, Orangestad | Aruba | Dollar | - | - | - | ||||||||||||||||
| Nitratos Naturais do Chile Ltda. | Foreign | Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo | Brazil | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Corporation N.V. | Foreign | Pietermaai 123, P.O. Box 897, Willemstad, Curacao | Curacao | Dollar | 0.0002 | 99.9998 | 100.0000 | ||||||||||||||||
| SQM Ecuador S.A. | Foreign | Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 | Ecuador | Dollar | 0.00401 | 99.9960 | 100.0000 | ||||||||||||||||
| SQM Brasil Ltda. | Foreign | Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo | Brazil | Dollar | 0.47000 | 99.5300 | 100.0000 | ||||||||||||||||
| SQMC Holding Corporation. | Foreign | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta | United States of America | Dollar | 0.1000 | 99.9000 | 100.0000 | ||||||||||||||||
| SQM Japan Co. Ltd. | Foreign | From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokio | Japan | Dollar | 0.1597 | 99.8403 | 100.0000 | ||||||||||||||||
| SQM Europe N.V. | Foreign | Houtdok-Noordkaai 25a B-2030 Amberes | Belgium | Dollar | 0.5800 | 99.4200 | 100.0000 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | SQM Indonesia S.A. | Foreign | Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede | Indonesia | Dollar | - | 80.0000 | 80.0000 | ||||||||||||||||
| SQM Comercial de México S.A. de C.V. | Foreign | Av. Moctezuma 144-4 Ciudad del Sol. CP 45050, Zapopan, Jalisco México | Mexico | Dollar | 0.0100 | 99.9900 | 100.0000 | ||||||||||||||||
| SQM Investment Corporation N.V. | Foreign | Pietermaai 123, P.O. Box 897, Willemstad, Curacao | Curacao | Dollar | 1.0000 | 99.9900 | 100.0000 | ||||||||||||||||
| Royal Seed Trading Corporation A.V.V. (3) | Foreign | Caya Ernesto O. Petronia 17, Orangestad | Aruba | Dollar | - | - | - | ||||||||||||||||
| Subsidiaries | TAX ID No. | Address | Country of Incorporation | Functional Currency | Ownership Interest | ||||||||||||||||||
| Direct | Direct | Direct | |||||||||||||||||||||
| SQM France S.A. | Foreign | ZAC des Pommiers 27930 FAUVILLE | France | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Administración y Servicios Santiago S.A. de C.V. | Foreign | Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México | Mexico | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Nitratos México S.A. de C.V. | Foreign | Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México | Mexico | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Soquimich European Holding B.V. | Foreign | Luna Arena, Herikerbergweg 238 1101 CM Amsterdam | Holland | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Iberian S.A. | Foreign | Provenza 251 Principal 1a CP 08008, Barcelona | Spain | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM África Pty Ltd. | Foreign | Tramore House, 3 Wterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg | South Africa | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Oceanía Pty Ltd. | Foreign | Level 9, 50 Park Street, Sydney NSW 2000, Sydney | Australia | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Beijing Commercial Co. Ltd. | Foreign | Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. | China | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Thailand Limited (15) | Foreign | Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok | Thailand | Dollar | - | 99.9980 | 99.9980 | ||||||||||||||||
| SQM Colombia SAS | Foreign | Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. | Colombia | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Australia PTY | Foreign | Level 16, 201 Elizabeth Street Sydney | Australia | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM (Shanghai) Chemicals Co. Ltd. | Foreign | Room 3802, 38F, No. 300 Middle Huaihai Road, Huangpu District, Shanghai, 200021 China | China | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Soquimich LLC | Foreign | Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea | South Korea | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Holland B.V. | Foreign | Herikerbergweg 238, 1101 CM Amsterdam Zuidoost | Holland | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Soquimich Comercial Brasil Ltda. | Foreign | Avenida Bento Rocha, N° 821, Vila Alboitt, CEP 83221-565. Paranaguá | Brazil | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Blue Energy Business and Trade (Shanghai) Co., Ltd. (4) | Foreign | 300 Huaihai Middle Road, distrito de Huangpu, Shanghai | China | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Comercial Perú S.A.C. (5) | Foreign | Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima | Peru | Dollar | 0.00001 | 99.9999 | 100.0000 | ||||||||||||||||
| SQM India Private Limited (9) | Foreign | LEVAL 3A WING, TOWER B1 Symphony IT park, NANDED, Nanded, Pune City, Pune - 411041, Maharashtra | India | Indian Rupee | 0.0202 | 99.9798 | 100.0000 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Sichuan Dixin New Energy Co., Ltd. (*) | Foreign | No.8 Yuhui Road, Xiu wen Town, Dong po District, Meishan, Sichuan Province | China | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM (Shanghai) Industrial Co, Ltd. (10) | Foreign | West Nanjing Road Branch, Shanghai. | China | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Sociedad Química y Minera Maroc (11) | Foreign | Entrée Ouest, Niveau 1 Anfa Place BD de la corniche Ain diab 20180, Casablanca, Marruecos. | Marocco | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Lithium North America Corporation (12) | Foreign | 2727 Paces Ferry Rd SE, Building 2, Suite 1425, Atlanta, GA. | United States of America | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Lithium Europe NV (13) | Foreign | Houtdok-Noordkaai 25A, 2030 ANTWERP, Belgica | Belgium | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| SQM Japan Lithium Co. Ltd. (16) | Foreign | #207 From 1st Bldg., 5-3-10 Minami Aoyama, Minato-ku, Tokyo, 107-00762 Japón | Japan | Dollar | - | 100.0000 | 100.0000 | ||||||||||||||||
| Harding Battery Minerals (Novo JV) | Foreign | Level 19, 109 St Georges Tce, WA 6000 | Australia | Dollar Australiano | - | 75.0000 | 75.0000 | ||||||||||||||||
| Pirra Lithium Pty Ltd (18) | Foreign | Suite 12, 11 Ventnor Avenue west Perth WA 6005, Australia | Australia | Dollar Australiano | - | 80.0000 | 80.0000 | ||||||||||||||||
| SQM Hellas A.E. (19) | Foreign | Dorou 2, 10431 Atenas, Grecia | Greece | Dollar | - | 99.9800 | 99.9800 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements Certain financial statement items | ThUS$ | ||||
Property, plant and equipment | 101,357 | ||||
Intangible assets (including identified intangible assets) | 11,384 | ||||
Cash and cash equivalents | 1,093 | ||||
Current assets | 33,056 | ||||
Total liabilities | (21,215) | ||||
Total | 125,675 | ||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Currencies | Closing exchange rates | Average exchange rates | ||||||||||||
As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of December 31, 2024 | |||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||
| Brazilian real | 5.72 | 6.18 | 5.76 | 6.10 | ||||||||||
| New Peruvian sol | 3.67 | 3.77 | 3.65 | 3.73 | ||||||||||
| Japanese yen | 150.04 | 157.21 | 149.02 | 153.66 | ||||||||||
| Euro | 0.92 | 0.96 | 0.92 | 0.95 | ||||||||||
| Mexican peso | 20.43 | 20.55 | 20.23 | 20.23 | ||||||||||
| Australian dollar | 1.60 | 1.61 | 1.59 | 1.58 | ||||||||||
| Pound Sterling | 0.77 | 0.80 | 0.77 | 0.79 | ||||||||||
| South African rand | 18.34 | 18.82 | 18.27 | 18.19 | ||||||||||
| Chilean peso | 953.07 | 996.46 | 932.50 | 983.24 | ||||||||||
| Chinese yuan | 7.26 | 7.31 | 7.25 | 7.29 | ||||||||||
| Indian rupee | 85.46 | 85.53 | 86.54 | 84.95 | ||||||||||
| Thai Baht | 33.98 | 34.21 | 33.77 | 34.13 | ||||||||||
| Turkish lira | 37.96 | 35.33 | 37.13 | 34.96 | ||||||||||
| Korean Won | 1,473.97 | 1,472.30 | 1,458.11 | 1,438.07 | ||||||||||
| Indonesian Rupiah | 16,575.00 | 16,138.00 | 16,457.48 | 16,035.15 | ||||||||||
| United Arab Emirates dirham | 3.67 | 3.67 | 3.67 | 3.67 | ||||||||||
| Polish Zloty | 3.87 | 4.12 | 3.87 | 4.07 | ||||||||||
| UF (*) | 40.81 | 38.55 | 41.71 | 39.07 | ||||||||||
Notes to the Consolidated Interim Financial Statements | For the period ended | As of March 31, 2025 | As of March 31, 2024 | ||||||
ThUS$ | ThUS$ | |||||||
Bank expenses | 4,264 | (2,974) | ||||||
Fiscal credits | (2,483) | (1,000) | ||||||
Government grants | 17 | - | ||||||
Value added tax | 125,770 | 54,411 | ||||||
Debt issuance costs | (6,592) | (42) | ||||||
Total | 120,976 | 50,395 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Classes of property, plant and equipment | Minimum life or rate (years) | Maximum life or rate (years) | Life or average rate in years | ||||||||
| Mining assets (*) | 5 | 10 | 8 | ||||||||
| Energy generating assets | 5 | 15 | 8 | ||||||||
| Buildings | 3 | 25 | 12 | ||||||||
| Supplies and accessories | 4 | 15 | 8 | ||||||||
| Office equipment | 5 | 10 | 9 | ||||||||
| Transport equipment | 7 | 20 | 9 | ||||||||
| Network and communication equipment | 4 | 15 | 8 | ||||||||
| IT equipment | 3 | 11 | 7 | ||||||||
| Machinery, plant and equipment | 3 | 28 | 11 | ||||||||
| Other fixed assets | 3 | 20 | 9 | ||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Estimated useful life or amortization rate | Minimum Life or Rate | Maximum Life or Rate | ||||||
| Water rights | 1 year | Indefinite | ||||||
| Rights of way | Indefinite | Indefinite | ||||||
| Corfo Mining properties (1) | 5 years | 5 years | ||||||
| Mining rights | Unit-production method | |||||||
| Intellectual property | 9 years | 14 years | ||||||
| IT programs | 1 year | 7 years | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Earnings per Share | For the period from January to March of the year | |||||||
2025 | 2024 | |||||||
Gains (losses) attributable to the owners of the parent | 137,528 | (869,508) | ||||||
Weighted average number of shares | 285,637,916 | 285,638,240 | ||||||
Basic earnings (losses) per share (US$) | 0.4815 | (3.0440) 6,339 | ||||||
Gains (losses) attributable to the owners of the parent | 137,528 | (869,508) | ||||||
Weighted average number of shares | 285,637,916 | 285,638,240 | ||||||
Diluted earnings per share (US$) | 0.4815 | (3.0440) | ||||||
Serie A common share | 142,819,012 | 142,819,336 | ||||||
Serie B common share | 142,818,904 | 142,818,904 | ||||||
Total weighted average number of share | 285,637,916 | 285,638,240 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | ICBC Classification | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| S | 2,013 | 5,894 | ||||||
| T | 14 | 13,626 | ||||||
| T1 | 5,127 | 12,744 | ||||||
| Others | 10 | 7,476 | ||||||
| Total | 7,164 | 39,740 | ||||||
| Financial institution | Financial assets | Rating | As of March 31, 2025 | ||||||||||||||
| Moody´s | S&P | Fitch | ThUS$ | ||||||||||||||
| Banco Santander | Time deposits | P-1 | A-1 | F1 | 164,472 | ||||||||||||
| Scotiabank Chile | Time deposits | - | - | F1+ | 122,599 | ||||||||||||
| Banco Estado | Time deposits | P-1 | A-1 | F2 | 2,006 | ||||||||||||
| Banco Crédito e Inversiones | Time deposits | P-1 | A-2 | F2 | 63,868 | ||||||||||||
| Banco de Chile | Time deposits | P-1 | A-1 | - | 4,810 | ||||||||||||
| Banco Itaú CorpBanca | Time deposits | P-1 | A-2 | - | 42,143 | ||||||||||||
| KBC Bank N.V. | Time deposits | P-2 | A-2 | F1 | 22,663 | ||||||||||||
| Banco Crédito e Inversiones | Investment fund | AA+ | - | - | 5,988 | ||||||||||||
| JP Morgan US dollar Liquidity Fund Institutional | Investment fund | Aaa-mf | - | - | 21,996 | ||||||||||||
| Legg Mason - Western Asset Institutional cash reserves | Investment fund | - | - | AAAmmf | 123,667 | ||||||||||||
| Total | 574,212 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Financial institution | Financial assets | Rating | As of March 31, 2025 | ||||||||||||||
| Moody´s | S&P | Fitch | ThUS$ | ||||||||||||||
| Banco Crédito e Inversiones | Time deposits | P-1 | A-2 | F2 | 230,981 | ||||||||||||
| Banco Estado | Time deposits | P-1 | A-1 | F2 | 92,100 | ||||||||||||
| Banco Santander | Time deposits | P-1 | A-1 | F1 | 81,485 | ||||||||||||
| Banco Itaú CorpBanca | Time deposits | P-1 | A-2 | - | 50,180 | ||||||||||||
| Scotiabank Chile | Time deposits | - | - | F1+ | 102,108 | ||||||||||||
| Banco de Crédito e inversiones Miami | Time deposits | P-1 | A-1 | F1+ | 100,534 | ||||||||||||
| Santander US | Time deposits | - | A-2 | F1 | 40,240 | ||||||||||||
| Total | 697,628 | ||||||||||||||||
| Financial institution | Financial assets | Rating | As of December 31, 2024 | ||||||||||||||
| Moody´s | S&P | Fitch | ThUS$ | ||||||||||||||
| Banco Santander | Time deposits | P-1 | A-1 | F1 | 104,542 | ||||||||||||
| Scotiabank Chile | Time deposits | - | - | F1+ | 106,564 | ||||||||||||
| Banco Estado | Time deposits | P-1 | A-1 | F2 | 104,084 | ||||||||||||
| Banco Crédito e Inversiones | Time deposits | P-1 | A-2 | F2 | 1,003 | ||||||||||||
| Banco de Chile | Time deposits | P-1 | A-1 | - | 6,307 | ||||||||||||
| Banco Crédito e Inversiones | Investment fund | AA+ | - | - | 4,997 | ||||||||||||
| JP Morgan US dollar Liquidity Fund Institutional | Investment fund | Aaa-mf | - | - | 1,974 | ||||||||||||
| Legg Mason - Western Asset Institutional cash reserves | Investment fund | - | - | AAAmmf | 122,337 | ||||||||||||
| Total | 451,808 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Financial institution | Financial assets | Rating | As of December 31, 2024 | ||||||||||||||
| Moody´s | S&P | Fitch | ThUS$ | ||||||||||||||
| Banco Crédito e Inversiones | Time deposits | P-1 | A-2 | F2 | 174,684 | ||||||||||||
| Banco Estado | Time deposits | P-1 | A-2 | F2 | 90,975 | ||||||||||||
| Banco Santander | Time deposits | P-1 | A-1 | F1 | 415,851 | ||||||||||||
| Banco Itaú CorpBanca | Time deposits | P-1 | A-2 | - | 66,166 | ||||||||||||
| Scotiabank Chile | Time deposits | - | - | F1+ | 240,164 | ||||||||||||
| Bank of Nova Scotia | Time deposits | P-1 | A-1 | F1+ | 51,025 | ||||||||||||
| KBC Bank | Time deposits | - | A-2 | F1 | 22,397 | ||||||||||||
| Total | 1,061,262 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Financial institution | Financial assets | Rating | ||||||||||||
| Moody´s | S&P | Fitch | ||||||||||||
| MUFG | Derivative | P-1 | - | F1 | ||||||||||
| Merrill Lynch International | Derivative | P-1 | A-2 | F1+ | ||||||||||
| JP Morgan | Derivative | P-1 | A-1 | F1+ | ||||||||||
| Morgan Stanley | Derivative | P-1 | A-2 | F1 | ||||||||||
| The Bank of Nova Scotia | Derivative | P-1 | A-1 | F1+ | ||||||||||
| Banco Itaú Corpbanca | Derivative | P-2 | A-2 | - | ||||||||||
| Banco de Chile | Derivative | P-1 | A-1 | - | ||||||||||
| Barclays | Derivative | P-2 | A-2 | F1 | ||||||||||
| HSBC | Derivative | P-2 | A-2 | F1+ | ||||||||||
Notes to the Consolidated Interim Financial Statements As of March 31, 2025 (Figures expressed in millions of US dollars) | Nature of undiscounted cash flows | ||||||||||||||||
| Carrying amount | Less than 1 year | 1 to 5 years | Over 5 years | Total | |||||||||||||
| Bank borrowings | 1,139.83 | 632.56 | 213 | 106.78 | 952.34 | ||||||||||||
| Unsecured obligations | 3,568.30 | 179.74 | 1,267.09 | 3,317.05 | 4,763.88 | ||||||||||||
| Sub total | 4,708.13 | 812.3 | 1,480.09 | 3,423.83 | 5,716.22 | ||||||||||||
| Hedging liabilities | 15.42 | 4.96 | 27.59 | 2.25 | 34.8 | ||||||||||||
| Derivative financial instruments | 3.62 | 3.62 | - | - | 3.62 | ||||||||||||
| Sub total | 19.04 | 8.58 | 27.59 | 2.25 | 38.42 | ||||||||||||
| Current and non-current lease liabilities (1) | 81.25 | 26.04 | 58.24 | 1.01 | 85.29 | ||||||||||||
| Trade accounts payable and other accounts payable | 405.47 | 405.47 | - | - | 405.47 | ||||||||||||
| Total | 5,213.89 | 1,252.39 | 1,565.92 | 3,427.09 | 6,245.4 | ||||||||||||
Notes to the Consolidated Interim Financial Statements As of December 31, 2024 (Figures expressed in millions of US dollars) | Nature of undiscounted cash flows | ||||||||||||||||
| Carrying amount | Less than 1 year | 1 to 5 years | Over 5 years | Total | |||||||||||||
| Bank borrowings | 984.80 | 907.07 | 77.49 | 71.89 | 1,056.45 | ||||||||||||
| Unsecured obligations | 3,815.34 | 433.76 | 1,258.08 | 3,355.57 | 5,047.41 | ||||||||||||
| Sub total | 4,800.14 | 1,340.83 | 1,335.57 | 3,427.46 | 6,103.86 | ||||||||||||
| Hedging liabilities | 28.76 | 6.4 | 40.33 | 10.34 | 57.07 | ||||||||||||
| Derivative financial instruments | 0.16 | 0.16 | - | - | 0.16 | ||||||||||||
| Sub total | 28.92 | 6.56 | 40.33 | 10.34 | 57.23 | ||||||||||||
| Current and non-current lease liabilities (1) | 83.81 | 25.12 | 62.49 | 0.67 | 88.28 | ||||||||||||
| Trade accounts payable and other accounts payable | 471.45 | 471.45 | - | - | 471.45 | ||||||||||||
| Total | 5,384.32 | 1,843.96 | 1,438.39 | 3,438.47 | 6,720.82 | ||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent’s stand-alone assets and liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Assets | 10,288,549 | 9,794,433 | ||||||
| Liabilities | (5,035,033) | (4,633,614) | ||||||
| Equity | 5,253,516 | 5,160,819 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Key management personnel compensation | For the period ended March 31, 2025 | For the period ended March 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Key management personnel compensation | 17,433 | 11,072 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Subsidiaries | Assets | Liabilities | Revenue | Net profit (loss) | Comprehensive income (loss) Currents | ||||||||||||||||||||||||||||||||||||||||||
| Currents | Non-currents | Currents | Non-currents | ||||||||||||||||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||||||||||||
| SQM Nitratos S.A. | 655,821 | 119,333 | 490,615 | 13,758 | 61,428 | 9,619 | 9,609 | ||||||||||||||||||||||||||||||||||||||||
| SQM Potasio SpA | 3,536 | 1,665,526 | 1,082,831 | 2,071 | 530 | (44,924) | (44,736) | ||||||||||||||||||||||||||||||||||||||||
Serv. Integrales de Tránsito y Transf. S.A. | 8,486 | 29,535 | 14,931 | 6,222 | 5,865 | 380 | 358 | ||||||||||||||||||||||||||||||||||||||||
| Isapre Norte Grande Ltda. | 845 | 1,157 | 988 | 236 | 838 | 35 | 35 | ||||||||||||||||||||||||||||||||||||||||
| Ajay SQM Chile S.A. | 52,914 | 2,561 | 32,193 | 714 | 13,254 | 914 | 914 | ||||||||||||||||||||||||||||||||||||||||
| Almacenes y Depósitos Ltda. | - | - | - | - | - | 1,981 | 2,039 | ||||||||||||||||||||||||||||||||||||||||
| SQM Salar SpA | 2,239,053 | 2,960,600 | 3,038,278 | 297,267 | 450,841 | 59,683 | 59,764 | ||||||||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | 1,661,503 | 1,141,303 | 952,155 | 101,782 | 271,528 | 17,097 | 16,951 | ||||||||||||||||||||||||||||||||||||||||
| Exploraciones Mineras S.A. | 8,340 | 22,710 | 97 | - | - | 52 | 52 | ||||||||||||||||||||||||||||||||||||||||
| Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. | 546 | 305 | 337 | 342 | 879 | 6 | (15) | ||||||||||||||||||||||||||||||||||||||||
| Soquimich Comercial S.A. | 115,935 | 12,753 | 54,417 | 6,790 | 18,425 | 922 | 905 | ||||||||||||||||||||||||||||||||||||||||
| Comercial Agrorama Ltda. | 365 | 1 | 397 | 13 | 150 | 4 | 5 | ||||||||||||||||||||||||||||||||||||||||
| Comercial Hydro S.A. | 4,766 | - | 1 | 13 | 9 | 4 | 4 | ||||||||||||||||||||||||||||||||||||||||
| Agrorama S.A. | 2 | - | 3,973 | - | - | 1 | 2 | ||||||||||||||||||||||||||||||||||||||||
| Orcoma SpA | 465 | 12,656 | 12,197 | 54 | - | - | - | ||||||||||||||||||||||||||||||||||||||||
| Orcoma Estudio SpA | 7,336 | - | 2,675 | - | - | 1 | 1 | ||||||||||||||||||||||||||||||||||||||||
| SQM MAG SPA | 3,971 | 383 | 1,396 | 6 | 1,482 | 251 | 251 | ||||||||||||||||||||||||||||||||||||||||
| Sociedad Contractual Minera Búfalo | 4,806 | 51,902 | 57,657 | - | - | 69 | 69 | ||||||||||||||||||||||||||||||||||||||||
| SQM Nueva Potasio SpA | - | 1,864,108 | 4,596 | - | - | 68,199 | 68,280 | ||||||||||||||||||||||||||||||||||||||||
| SQM Lab SpA | 66 | 284 | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||
| SQM North America Corp. | 182,545 | 17,660 | 178,240 | 514 | 82,881 | 889 | 889 | ||||||||||||||||||||||||||||||||||||||||
| RS Agro Chemical Trading Corporation A.V.V. | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||
| Nitratos Naturais do Chile Ltda. | 123 | 142 | 2,912 | - | - | (39) | (39) | ||||||||||||||||||||||||||||||||||||||||
| SQM Corporation N.V. | 290 | 141,000 | 3,661 | - | - | 3,206 | 3,206 | ||||||||||||||||||||||||||||||||||||||||
| SQM Ecuador S.A. | 28,726 | 783 | 19,353 | 72 | 10,227 | 67 | 67 | ||||||||||||||||||||||||||||||||||||||||
| SQM Brasil Ltda. | 253 | - | 240 | 1,875 | - | (44) | (44) | ||||||||||||||||||||||||||||||||||||||||
| Subtotal | 4,980,693 | 8,044,702 | 5,954,140 | 431,729 | 918,337 | 118,373 | 118,567 | ||||||||||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Subsidiaries | Assets | Liabilities | Revenue | Net profit (loss) | Comprehensive income (loss) Currents | ||||||||||||||||||
| Currents | Non-currents | Currents | Non-currents | ||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||
| SQMC Holding Corporation L.L.P. | 39,957 | 25,039 | 741 | - | - | 2,477 | 2,477 | ||||||||||||||||
| SQM Japan Co. Ltd. | 3,535 | 94 | 566 | 29 | 767 | 87 | 87 | ||||||||||||||||
| SQM Europe N.V. | 585,240 | 4,777 | 158,080 | 2,778 | 227,806 | 11,351 | 11,351 | ||||||||||||||||
| SQM Indonesia S.A. | 3 | - | - | - | - | - | - | ||||||||||||||||
| SQM Comercial de México S.A. de C.V. | 161,300 | 13,546 | 58,815 | 3,268 | 81,486 | 88 | 88 | ||||||||||||||||
| SQM Investment Corporation N.V. | 6,346 | 417,943 | 104 | - | - | 9,630 | 9,630 | ||||||||||||||||
| Royal Seed Trading Corporation A.V.V. | - | - | - | - | - | - | - | ||||||||||||||||
| SQM France S.A. | 345 | 6 | 114 | - | - | - | - | ||||||||||||||||
| Administración y Servicios Santiago S.A. de C.V. | 105 | - | 336 | - | - | 1 | 1 | ||||||||||||||||
| SQM Nitratos México S.A. de C.V. | 94 | - | 13 | - | - | (2) | (2) | ||||||||||||||||
| Soquimich European Holding B.V. | 23,873 | 535,267 | 253 | 31 | - | 12,729 | 12,729 | ||||||||||||||||
| SQM Iberian S.A. | 66,792 | 5,016 | 33,901 | 61 | 32,284 | (1,219) | (1,219) | ||||||||||||||||
| SQM Africa Pty Ltd. | 32,957 | 2,735 | 17,465 | 978 | 11,955 | 136 | 136 | ||||||||||||||||
| SQM Oceania Pty Ltd. | 7,486 | 78 | 4,397 | - | 2,081 | 333 | 333 | ||||||||||||||||
| SQM Beijing Commercial Co. Ltd. | 1,398 | - | 24 | - | - | 14 | 14 | ||||||||||||||||
| SQM Thailand Limited | - | - | - | - | - | - | - | ||||||||||||||||
| SQM Colombia SAS | 20,938 | 2,434 | 19,008 | 1,774 | 5,519 | (405) | (405) | ||||||||||||||||
| SQM Shanghai Chemicals Co. Ltd. | 459,246 | 285,985 | 242,906 | 788 | 347,800 | 21,470 | 21,470 | ||||||||||||||||
| SQM Australia Pty Ltd.** | 230,636 | 1,538,782 | 673,053 | 30,416 | 15,536 | (42,500) | (42,500) | ||||||||||||||||
| Soquimich LLC | 138,759 | 1,050 | 110,150 | - | 75,547 | (6,152) | (6,152) | ||||||||||||||||
| SQM Holland B.V. | 13,773 | 10,755 | 1,851 | - | 9,988 | 305 | 305 | ||||||||||||||||
| Soquimich Comercial Brasil Ltda. | 22 | 34 | 29 | 17 | - | (45) | (45) | ||||||||||||||||
| SQM Comercial Perú S.A.C. | 54,229 | 7,193 | 44,894 | 70 | 20,258 | 921 | 921 | ||||||||||||||||
| SQM India Private Limited | 861 | 131 | 579 | 9 | 51 | (24) | (24) | ||||||||||||||||
| Sichuan Dixin New Energy Co., LTD | 33,637 | 102,621 | 26,323 | - | 13,717 | (745) | (745) | ||||||||||||||||
| SQM (Shanghai) Industrial Co, Ltd. | 50,528 | 1,088 | 48,529 | 186 | 32,756 | 1,127 | 1,127 | ||||||||||||||||
| SQM Lithium Europe NV | 93,426 | 1,044 | 89,724 | - | 56,868 | 814 | 814 | ||||||||||||||||
| SQM Japan Lithium Co. Ltd. | 188 | 183 | 66 | 224 | - | 1 | 1 | ||||||||||||||||
| SQM Lithium North America Corporation | 37,197 | 274 | 33,196 | - | 15,838 | (433) | (433) | ||||||||||||||||
| Sociedad Quimica y Minera Maroc | 160 | 3 | 22 | - | - | (78) | (78) | ||||||||||||||||
| Subtotal | 2,063,031 | 2,956,078 | 1,565,139 | 40,629 | 950,257 | 9,881 | 9,881 | ||||||||||||||||
| Total | 7,043,724 | 11,000,780 | 7,519,279 | 472,358 | 1,868,594 | 128,254 | 128,448 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Subsidiaries | Assets | Liabilities | Revenue | Net profit (loss) Currents | Comprehensive income (loss) Currents Non-currents | ||||||||||||||||||||||||||||||||||||||||||
| Currents | Non-currents | Currents | Non-currents | ||||||||||||||||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||||||||||||
| SQM Nitratos S.A. | 565,757 | 118,494 | 409,379 | 13,700 | 56,736 | 10,150 | 10,172 | ||||||||||||||||||||||||||||||||||||||||
| SQM Potasio SpA | 3,064 | 1,594,356 | 967,034 | 1,985 | 579 | (853,675) | (854,017) | ||||||||||||||||||||||||||||||||||||||||
Serv. Integrales de Tránsito y Transf. S.A. | 5,017 | 30,478 | 12,895 | 6,090 | 6,255 | 957 | 966 | ||||||||||||||||||||||||||||||||||||||||
| Isapre Norte Grande Ltda. | 756 | 1,112 | 937 | 213 | 603 | 30 | 14 | ||||||||||||||||||||||||||||||||||||||||
| Ajay SQM Chile S.A. | 55,487 | 2,452 | 35,622 | 663 | 19,683 | 1,211 | 1,211 | ||||||||||||||||||||||||||||||||||||||||
| Almacenes y Depósitos Ltda. | 182 | - | - | - | - | 6 | (146) | ||||||||||||||||||||||||||||||||||||||||
| SQM Salar SpA | 2,178,964 | 2,977,590 | 3,058,299 | 293,438 | 554022 | (1,043,273) | (1,043,730) | ||||||||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | 1,657,901 | 1,143,004 | 969,152 | 100,780 | 266,991 | 6,606 | 9,415 | ||||||||||||||||||||||||||||||||||||||||
| Exploraciones Mineras S.A. | 8,250 | 22,710 | 58 | - | - | 45 | 45 | ||||||||||||||||||||||||||||||||||||||||
| Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. | 505 | 321 | 349 | 297 | 627 | 6 | 7 | ||||||||||||||||||||||||||||||||||||||||
| Soquimich Comercial S.A. | 107,001 | 12,824 | 45,370 | 6,783 | 17,492 | 629 | 616 | ||||||||||||||||||||||||||||||||||||||||
| Comercial Agrorama Ltda. | 378 | 1 | 412 | 12 | 88 | 5 | 2 | ||||||||||||||||||||||||||||||||||||||||
| Comercial Hydro S.A. | 4,764 | - | 1 | 14 | 9 | 3 | 3 | ||||||||||||||||||||||||||||||||||||||||
| Agrorama S.A. | 2 | - | 3,804 | - | 35 | 11 | 8 | ||||||||||||||||||||||||||||||||||||||||
| Orcoma SpA | 451 | 12,638 | 12,163 | 56 | - | (41) | (41) | ||||||||||||||||||||||||||||||||||||||||
| Orcoma Estudio SpA | 7,334 | - | 2,675 | - | - | 22 | 22 | ||||||||||||||||||||||||||||||||||||||||
| SQM MAG SpA | 3,789 | 384 | 1,467 | 5 | 1,334 | 188 | 188 | ||||||||||||||||||||||||||||||||||||||||
| Sociedad Contractual Minera Búfalo | 4,144 | 50,792 | 55,954 | - | - | (171) | (171) | ||||||||||||||||||||||||||||||||||||||||
| SQM Nueva Potasio SpA | - | 1,804,818 | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||
| SQM Lab SpA | 350 | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||
| SQM North America Corp. | 194,583 | 15,855 | 189,327 | 550 | 96,126 | (3,309) | (3,309) | ||||||||||||||||||||||||||||||||||||||||
| RS Agro Chemical Trading Corporation A.V.V. | - | - | - | - | - | 163 | 163 | ||||||||||||||||||||||||||||||||||||||||
| Nitratos Naturais do Chile Ltda. | 125 | 139 | 2,873 | - | - | 461 | 461 | ||||||||||||||||||||||||||||||||||||||||
| SQM Corporation N.V. | 290 | 137,605 | 3,655 | - | - | (950) | (950) | ||||||||||||||||||||||||||||||||||||||||
| SQM Ecuador S.A. | 27,347 | 818 | 18,076 | 72 | 11,745 | (81) | (81) | ||||||||||||||||||||||||||||||||||||||||
| SQM Brasil Ltda. | 266 | - | 237 | 1,848 | - | 249 | 249 | ||||||||||||||||||||||||||||||||||||||||
| Subtotal | 4,826,707 | 7,926,391 | 5,789,739 | 426,506 | 1,032,325 | (1,880,758) | (1,878,903) | ||||||||||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Subsidiarias | Activos | Pasivos | Ingresos de actividades ordinarias | Ganancia (pérdida) neta | Resultado Integral | ||||||||||||||||||
| Corrientes | No corrientes | Corrientes | No corrientes | ||||||||||||||||||||
| MUS$ | MUS$ | MUS$ | MUS$ | MUS$ | MUS$ | MUS$ | |||||||||||||||||
| SQMC Holding Corporation L.L.P. | 38,606 | 24,400 | 1,229 | - | - | 1,339 | 1,339 | ||||||||||||||||
| SQM Japan Co. Ltd. | 3,928 | 100 | 1,045 | 35 | 22,443 | (142) | (142) | ||||||||||||||||
| SQM Europe N.V. | 526,471 | 4,961 | 110,750 | 2,874 | 336,557 | (2,055) | (2,055) | ||||||||||||||||
| SQM Indonesia S.A. | 3 | - | - | - | - | - | - | ||||||||||||||||
| SQM Comercial de México S.A. de C.V. | 168,365 | 13,476 | 66,172 | 2,995 | 74,331 | (4,296) | (4,296) | ||||||||||||||||
| SQM Investment Corporation N.V. | 6,240 | 407,883 | 110 | - | - | (4,595) | (4,595) | ||||||||||||||||
| Royal Seed Trading Corporation A.V.V. | - | - | - | - | - | 13,829 | 13,829 | ||||||||||||||||
| SQM France S.A. | 345 | 6 | 114 | - | - | - | - | ||||||||||||||||
| Administración y Servicios Santiago S.A. de C.V. | 107 | - | 338 | - | - | (2) | (2) | ||||||||||||||||
| SQM Nitratos México S.A. de C.V. | 97 | - | 14 | - | - | 1 | 1 | ||||||||||||||||
| Soquimich European Holding B.V. | 23,624 | 522,085 | 276 | 31 | - | (3,765) | (3,765) | ||||||||||||||||
| SQM Iberian S.A. | 57,855 | 4,736 | 23,461 | 76 | 26,233 | (1,599) | (1,599) | ||||||||||||||||
| SQM Africa Pty Ltd. | 39,347 | 3,085 | 24,213 | 1,105 | 14,057 | (15) | (15) | ||||||||||||||||
| SQM Oceania Pty Ltd. | 6,876 | 88 | 4,129 | - | 1,563 | (214) | (214) | ||||||||||||||||
| SQM Beijing Commercial Co. Ltd. | 1,390 | - | 29 | - | - | (186) | (186) | ||||||||||||||||
| SQM Thailand Limited | - | - | - | - | - | - | - | ||||||||||||||||
| SQM Colombia SAS | 14,082 | 2,721 | 12,132 | 1,677 | 6,438 | (1,449) | (1,449) | ||||||||||||||||
| SQM Shanghai Chemicals Co. Ltd. | 448,376 | 293,372 | 248,486 | - | 395,558 | (18,692) | (18,692) | ||||||||||||||||
| SQM Australia Pty Ltd. | 180,440 | 1,536,559 | 679,055 | 29,262 | - | (5,936) | (5,936) | ||||||||||||||||
| Soquimich LLC | 117,931 | 1,346 | 83,467 | - | 54,575 | (27,749) | (27,749) | ||||||||||||||||
| SQM Holland B.V. | 13,948 | 11,301 | 2,876 | - | 5,462 | (354) | (354) | ||||||||||||||||
| Soquimich Comercial Brasil Ltda. | 63 | 38 | 25 | 21 | - | (29) | (29) | ||||||||||||||||
| SQM Comercial Perú S.A.C. | 50,530 | 7,271 | 42,170 | 94 | - | - | - | ||||||||||||||||
| SQM India Private Limited | 879 | 79 | 512 | 18 | - | - | - | ||||||||||||||||
| Sichuan Dixin New Energy Co., LTD | 34,145 | 102,924 | 27,136 | - | - | - | - | ||||||||||||||||
| SQM (Shanghai) Industrial Co, Ltd. | 36,614 | 1,150 | 35,763 | 227 | - | - | - | ||||||||||||||||
| SQM Lithium Europe NV | 129,572 | 1,187 | 125,803 | - | - | - | - | ||||||||||||||||
| SQM Japan Lithium Co. Ltd. | 442 | 118 | 177 | 193 | - | - | - | ||||||||||||||||
| SQM Lithium North America Corporation | 28,228 | 288 | 23,535 | - | - | - | - | ||||||||||||||||
| Sociedad Química y Minera Maroc | 207 | - | - | - | - | - | - | ||||||||||||||||
| Subtotal | 1,928,711 | 2,939,174 | 1,513,017 | 38,608 | 937,217 | (55,909) | (55,909) | ||||||||||||||||
| Total | 6,755,418 | 10,865,565 | 7,302,756 | 465,114 | 1,969,542 | (1,936,667) | (1,934,812) | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Subsidiary | % of interests in the ownership held by non-controlling interests | Profit (loss) attributable to non-controlling interests for the period ended | Equity, non-controlling interests for the period ended | Dividends paid to non-controlling interests for the period ended | |||||||||||||||||||
As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||
| SQM Potasio SpA | 0.0000001% | - | - | - | - | - | - | ||||||||||||||||
| Ajay SQM Chile S.A. | 49.00000% | 443 | 594 | 11,059 | 10,389 | 611 | 607 | ||||||||||||||||
| Soquimich Comercial S.A. | 39.36168% | 363 | 247 | 26,561 | 26,614 | 363 | - | ||||||||||||||||
| Comercial Agrorama Ltda. | 30.00000% | - | - | - | - | - | - | ||||||||||||||||
Pirra Lithium Pty Ltd. | 20.00000% | - | - | 1,302 | - | - | - | ||||||||||||||||
| SQM Thailand Limited | 0.00200% | - | - | - | - | - | - | ||||||||||||||||
| Total | 806 | 841 | 38,922 | 37,003 | 974 | 607 | |||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Associates | Equity-accounted investees | Share in income of associates accounted for using the equity method for the period ended | Share in other comprehensive income of associates accounted for using the equity method for the period ended | Share in total other comprehensive income of associates accounted for using the equity method for the period ended | ||||||||||||||||||||||
As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | |||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| Ajay North America | 19,274 | 17,470 | 1,711 | 1,617 | - | - | 1,711 | 1,617 | ||||||||||||||||||
| Ajay Europe SARL | 9,528 | 6,403 | 1,364 | 935 | 536 | (317) | 1,900 | 618 | ||||||||||||||||||
| SAS Adionics | 17,484 | - | (386) | (397) | (883) | (122) | (1,269) | (519) | ||||||||||||||||||
| Total | 46,286 | 23,873 | 2,689 | 2,155 | (347) | (439) | 2,342 | 1,716 | ||||||||||||||||||
| Associate | Description of the nature of the relationship | Address | Country of incorporation | Share of ownership in associates | Dividends received for the period ending | |||||||||||||||||||||
March 31, 2025 | March 31, 2024 | |||||||||||||||||||||||||
| ThUS$ | ThUS$ | |||||||||||||||||||||||||
| Abu Dhabi Fertilizer Industries WWL | Distribution and commercialization of specialty plant nutrients in the Middle East. | PO Box 71871, Abu Dhabi | United Arab Emirates | 37% | - | - | ||||||||||||||||||||
| Ajay North America | Production and distribution of iodine and iodine derivatives. | 1400 Industry RD Power Springs GA 30129 | United States of America | 49% | 1,073 | - | ||||||||||||||||||||
| Ajay Europe SARL | Production and distribution of iodine and iodine derivatives. | Z.I. du Grand Verger BP 227 53602 Evron Cedex | France | 50% | - | - | ||||||||||||||||||||
| SAS Adionics | Lithium extraction, salt separation, water treatment for production and lithium cleaning. | 17 bis Avenue des Andes Les Ulis, 91940 | France | 20% | - | - | ||||||||||||||||||||
| Total | 1,073 | - | ||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Associate | As of March 31, 2025 | For the period ended March 31, 2025 | ||||||||||||||||||||||||
| Assets | Liabilities | Revenue | Net income (loss) | Other comprehensive income | Comprehensive income | |||||||||||||||||||||
| Current | Non-current | Current | Non-current | |||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| Ajay North America | 31,001 | 16,590 | 8,255 | - | 19,276 | 3,493 | - | 3,493 | ||||||||||||||||||
| Ajay Europe SARL | 27,470 | 4,410 | 12,825 | - | 20,394 | 2,726 | 15 | 2,741 | ||||||||||||||||||
| SAS Adionics | 11,453 | 10,169 | 997 | 4,893 | 109 | (1,931) | - | (1,931) | ||||||||||||||||||
| Total | 69,924 | 31,169 | 22,077 | 4,893 | 39,779 | 4,288 | 15 | 4,303 | ||||||||||||||||||
| Associate | As of December 31, 2024 | For the period ended March 31, 2024 | ||||||||||||||||||||||||
| Assets | Liabilities | Revenue | Net income (loss) | Other comprehensive income | Comprehensive income | |||||||||||||||||||||
| Current | Non-current | Current | Non-current | |||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| Ajay North America | 28,246 | 16,438 | 9,032 | - | 23,436 | 3,300 | - | 3,300 | ||||||||||||||||||
| Ajay Europe SARL | 27,615 | 3,953 | 18,762 | - | 21,415 | 1,870 | (633) | 1,237 | ||||||||||||||||||
| SAS Adionics | - | - | - | - | 526 | (1,986) | (612) | (2,598) | ||||||||||||||||||
| Total | 55,861 | 20,391 | 27,794 | - | 45,377 | 3,184 | (1,245) | 1,939 | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Joint Venture | Equity-accounted investees | Share in income (loss) of joint ventures accounted for using the equity method for the period ended | Share on other comprehensive income joint ventures accounted for using the equity method for the period ended | Share on total comprehensive income of joint ventures accounted for using the equity method for the period ended | ||||||||||||||||||||||
As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | |||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| SQM Vitas Fzco. | 8,465 | 8,422 | 43 | (1,747) | - | (577) | 43 | (2,324) | ||||||||||||||||||
| Pavoni & C. SpA | 7,831 | 7,508 | 100 | 72 | 179 | (111) | 279 | (39) | ||||||||||||||||||
| Covalent Lithium Pty Ltd. (1) | - | - | 439 | (512) | - | (132) | 439 | (644) | ||||||||||||||||||
| Pirra Lithium Pty Ltd. | - | 3,535 | - | - | - | - | - | - | ||||||||||||||||||
| Azure Minerals | 540,840 | 542,456 | - | - | (233) | - | (233) | - | ||||||||||||||||||
| Total | 557,136 | 561,921 | 582 | (2,187) | (54) | (820) | 528 | (3,007) | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Joint Venture | Equity-accounted investees | Share in income (loss) of joint ventures accounted for using the equity method, for the period ended | Share on other comprehensive income of joint ventures accounted for using the equity method, for the period ended | Share on total comprehensive income of joint ventures accounted for using the equity method, for the period ended | ||||||||||||||||||||||
As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | |||||||||||||||||||
| SQM Vitas Perú S.A.C. (*) | - | - | - | 866 | - | - | - | 866 | ||||||||||||||||||
| Total | - | - | - | 866 | - | - | - | 866 | ||||||||||||||||||
| Joint venture | Description of the nature of the relationship | Domicile | Country of incorporation | Share of interest in ownership | Dividends received for the year ending | |||||||||||||||||||||
As of March 31, 2025 | As of March 31, 2024 | |||||||||||||||||||||||||
| ThUS$ | ThUS$ | |||||||||||||||||||||||||
| SQM Vitas Fzco. | Production and commercialization of specialty plant, animal nutrition and industrial hygiene. | Jebel ALI Free Zone P.O. Box 18222, Dubai | United Arab Emirates | 50% | - | 12,500 | ||||||||||||||||||||
| Pavoni & C. SpA | Production of specialty fertilizers and others for distribution in Italy and other countries. | Corso Italia 172, 95129 Catania (CT), Sicilia | Italy | 50% | - | - | ||||||||||||||||||||
| Covalent Lithium Pty Ltd. | Development and operation of the Mt Holland Lithium project, which will include the construction of a lithium extraction and refining mine. | L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 | Australia | 50% | - | - | ||||||||||||||||||||
| SQM Vitas Perú S.A.C. (*) | Production and trading of specialty vegetable and animal nutrition and industrial hygiene. | Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima | Peru | 0% | - | - | ||||||||||||||||||||
| Pirra Lithium Pty Ltd. | Exploration and development of lithium assets. | Suite 12, 11 Ventnor Avenue, West Perth, WA 6605. | Australia | 40% | - | - | ||||||||||||||||||||
| Azure Minerals (**) | In charge of the development of the world-class Andover lithium deposits. | 51 Point Samson-Roebourne Rd, Roebourne WA 6718 | Australia | 50% | - | - | ||||||||||||||||||||
| Total | - | 12,500 | ||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Joint Venture | As of March 31, 2025 | For the period ended March 31, 2025 | ||||||||||||||||||||||||
| Assets | Liabilities | Revenue | Net income (loss) | Other comprehensive income | Comprehensive income | |||||||||||||||||||||
| Current | Non-current | Current | Non-current | |||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| SQM Vitas Fzco. (*) | 16,950 | - | 21 | - | - | 86 | - | 86 | ||||||||||||||||||
| Pavoni & C. Spa (*) | 15,204 | 6,380 | 11,483 | 852 | 6,606 | 201 | 150 | 351 | ||||||||||||||||||
| Covalent Lithium Pty Ltd. | 9,610 | 865 | 9,543 | 2,574 | - | 878 | - | 878 | ||||||||||||||||||
| Azure Minerals | 41,731 | 45,223 | 2,944 | 39,082 | - | (3,067) | - | (3,067) | ||||||||||||||||||
| Total | 83,495 | 52,468 | 23,991 | 42,508 | 6,606 | (1,902) | 150 | (1,752) | ||||||||||||||||||
| Joint Venture | As of December 31, 2024 | For the period ended March 31, 2024 | ||||||||||||||||||||||||
| Assets | Liabilities | Revenue | Net income (loss) | Other comprehensive income | Comprehensive income | |||||||||||||||||||||
| Current | Non-current | Current | Non-current | |||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| SQM Vitas Fzco. (*) | 16,882 | - | 38 | - | - | (3,494) | (1,099) | (4,593) | ||||||||||||||||||
| SQM Vitas Perú S.A.C. (*) | - | - | - | - | 17,672 | 1,731 | - | 1,731 | ||||||||||||||||||
| Pavoni & C. Spa (*) | 11,416 | 5,919 | 7,855 | 877 | 6,341 | 144 | (221) | (77) | ||||||||||||||||||
| Covalent Lithium Pty Ltd. | 10,576 | 915 | 11,868 | 2,141 | - | (1,024) | 264 | (760) | ||||||||||||||||||
| Pirra Lithium Pty Ltd. | 2,720 | 2,006 | 10 | - | - | - | - | - | ||||||||||||||||||
| Azure Minerals | 32,907 | 9,071 | 3,561 | 24,254 | - | - | - | - | ||||||||||||||||||
| Total | 74,501 | 17,911 | 23,332 | 27,272 | 24,013 | (2,643) | (1,056) | (3,699) | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Joint Venture | Cash and cash equivalents | Other current financial liabilities | Other non-current financial liabilities | |||||||||||||||||
As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of December 31, 2024 | As of March 31, 2025 | As of December 31, 2024 | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| SQM Vitas Fzco. | 10,878 | 10,807 | - | - | - | - | ||||||||||||||
| Pavoni & C. Spa | 999 | 493 | 4,046 | 2,809 | - | - | ||||||||||||||
| Covalent Lithium Pty Ltd. | 2,710 | 1,403 | - | - | - | - | ||||||||||||||
| Pirra Lithium Pty Ltd. | - | 2,718 | - | - | - | - | ||||||||||||||
| Azure Minerals | 36,718 | 26,678 | - | - | - | - | ||||||||||||||
| Total | 51,305 | 42,099 | 4,046 | 2,809 | - | - | ||||||||||||||
| Joint Venture | Depreciation and amortization expense for the period ending | Interest expense for the period ending | Income tax benefit (expense) for the period ending | |||||||||||||||||
As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | As of March 31, 2025 | As of March 31, 2024 | |||||||||||||||
ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| SQM Vitas Fzco. | - | - | - | - | - | - | ||||||||||||||
| SQM Vitas Perú S.A.C. | - | (109) | - | (70) | - | (342) | ||||||||||||||
| Pavoni & C. Spa | 4 | 2 | (116) | (95) | (76) | (72) | ||||||||||||||
| Covalent Lithium Pty Ltd. | (6) | (79) | (3) | (6) | - | (1,406) | ||||||||||||||
| Azure Minerals | - | - | - | - | - | - | ||||||||||||||
| Total | (2) | (186) | (119) | (171) | (76) | (1,820) | ||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Cash | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Cash on hand | 3,066 | 663 | ||||||
| Cash in banks | 1,078,811 | 925,380 | ||||||
| Total Cash | 1,081,877 | 926,043 | ||||||
| Cash equivalents | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Short-term deposits, classified as cash equivalents | 422,561 | 322,500 | ||||||
| Short-term investments, classified as cash equivalents | 151,651 | 129,308 | ||||||
| Total cash equivalents | 574,212 | 451,808 | ||||||
| Total cash and cash equivalents | 1,656,089 | 1,377,851 | ||||||
| Institution | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Legg Mason - Western Asset Institutional Cash Reserves | 123,667 | 122,337 | ||||||
| JP Morgan US dollar Liquidity Fund Institutional | 21,996 | 1,974 | ||||||
| Banco Crédito e Inversiones | 5,988 | 4,997 | ||||||
| Total | 151,651 | 129,308 | ||||||
Notes to the Consolidated Interim Financial Statements | Restricted cash balances | As of March 31, 2025 | As of December 31, 2024 | ||||||
ThUS$ | ThUS$ | |||||||
| Isapre Norte Grande Ltda. | 1,011 | 942 | ||||||
| Total | 1,011 | 942 | ||||||
Notes to the Consolidated Interim Financial Statements | Receiver of the deposit | Type of deposit | Original Currency | Interest Rate | Placement date | Expiration date | Principal | Interest accrued to-date | As of March 31, 2025 | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||
| Banco Crédito e Inversiones | Fixed term | Peso | 0.44 | % | 03-04-2025 | 04-10-2025 | 19,935 | 82 | 20,017 | |||||||||||||||||
| Banco Crédito e Inversiones | Fixed term | Peso | 0.44 | % | 03-11-2025 | 04-29-2025 | 19,725 | 61 | 19,786 | |||||||||||||||||
| Banco Crédito e Inversiones | Fixed term | Peso | 0.44 | % | 03-13-2025 | 05-27-2025 | 19,810 | 55 | 19,865 | |||||||||||||||||
| Banco Crédito e Inversiones | Fixed term | Dollar | 0.09 | % | 03-31-2025 | 04-07-2025 | 4,200 | - | 4,200 | |||||||||||||||||
| Banco de Chile | Fixed term | Dollar | 0.65 | % | 03-13-2025 | 05-02-2025 | 800 | 2 | 802 | |||||||||||||||||
| Banco de Chile | Fixed term | Dollar | 0.63 | % | 03-14-2025 | 05-02-2025 | 2,200 | 5 | 2,205 | |||||||||||||||||
| Banco de Chile | Fixed term | Dollar | 0.41 | % | 03-20-2025 | 04-21-2025 | 1,800 | 3 | 1,803 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.75 | % | 03-07-2025 | 05-05-2025 | 2,000 | 6 | 2,006 | |||||||||||||||||
| Banco Itaú CorpBanca | Fixed term | Peso | 0.10 | % | 03-26-2025 | 04-02-2025 | 2,098 | 1 | 2,099 | |||||||||||||||||
| Banco Itaú CorpBanca | Fixed term | Dollar | 0.43 | % | 03-31-2025 | 06-25-2025 | 20,020 | 2 | 20,022 | |||||||||||||||||
| Banco Itaú CorpBanca | Fixed term | Peso | 0.43 | % | 03-31-2025 | 06-11-2025 | 20,020 | 2 | 20,022 | |||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.44 | % | 03-11-2025 | 05-08-2025 | 3,933 | 12 | 3,945 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.75 | % | 03-05-2025 | 04-03-2025 | 500 | 4 | 504 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.80 | % | 03-06-2025 | 05-05-2025 | 1,700 | 6 | 1,706 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.73 | % | 03-10-2025 | 05-05-2025 | 600 | 2 | 602 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.71 | % | 03-12-2025 | 05-05-2025 | 2,800 | 7 | 2,807 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.60 | % | 03-17-2025 | 05-02-2025 | 1,000 | 2 | 1,002 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.41 | % | 02-05-2025 | 05-06-2025 | 20,000 | 149 | 20,149 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.44 | % | 02-05-2025 | 04-07-2025 | 20,366 | 163 | 20,529 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.42 | % | 02-25-2025 | 04-29-2025 | 20,000 | 111 | 20,111 | |||||||||||||||||
| Subtotal | 183,507 | 675 | 184,182 | |||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Receiver of the deposit | Type of deposit | Original Currency | Interest Rate | Placement date | Expiration date | Principal | Interest accrued to-date | As of March 31, 2025 | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.45 | % | 02-18-2025 | 04-29-2025 | 19,978 | 125 | 20,103 | |||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.44 | % | 03-13-2025 | 05-08-2025 | 14,842 | 41 | 14,883 | |||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.45 | % | 02-18-2025 | 04-24-2025 | 19,978 | 124 | 20,102 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.41 | % | 02-25-2025 | 04-29-2025 | 18,000 | 81 | 18,081 | |||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.45 | % | 02-20-2025 | 04-08-2025 | 19,830 | 118 | 19,948 | |||||||||||||||||
| KBC Bank N.V. | Fixed term | Dollar | 0.33 | % | 04-01-2025 | 06-30-2025 | 20,500 | - | 20,500 | |||||||||||||||||
| KBC Bank N.V. | Fixed term | Euro | 0.17 | % | 04-01-2025 | 06-30-2025 | 2,163 | - | 2,163 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Dollar | 0.67 | % | 02-10-2025 | 04-03-2025 | 2,000 | 13 | 2,013 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Dollar | 0.27 | % | 03-11-2025 | 04-01-2025 | 2,400 | 6 | 2,406 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.10 | % | 03-25-2025 | 04-01-2025 | 2,413 | 2 | 2,415 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.10 | % | 03-31-2025 | 04-07-2025 | 2,832 | - | 2,832 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.45 | % | 02-13-2025 | 04-01-2025 | 19,935 | 140 | 20,075 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.44 | % | 03-27-2025 | 06-04-2025 | 24,526 | 18 | 24,544 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.44 | % | 03-18-2025 | 05-29-2025 | 11,558 | 24 | 11,582 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.43 | % | 03-18-2025 | 04-02-2025 | 7,723 | 15 | 7,738 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.44 | % | 03-18-2025 | 04-22-2025 | 19,264 | 40 | 19,304 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.44 | % | 03-04-2025 | 04-29-2025 | 9,947 | 41 | 9,988 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.44 | % | 03-11-2025 | 05-14-2025 | 19,641 | 61 | 19,702 | |||||||||||||||||
| Subtotal | 237,530 | 849 | 238,379 | |||||||||||||||||||||||
| Total | 421,037 | 1,524 | 422,561 | |||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Receiver of the deposit | Type of deposit | Original Currency | Interest Rate | Placement date | Expiration date | Principal | Interest accrued to-date | As of December 31, 2024 | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||
| Banco de Chile | Fixed term | Dollar | 0.43 | % | 12-03-2024 | 01-06-2025 | 1,000 | 4 | 1,004 | |||||||||||||||||
| Banco de Chile | Fixed term | Dollar | 0.08 | % | 12-27-2024 | 01-03-2025 | 5,300 | 3 | 5,303 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.45 | % | 12-10-2024 | 01-13-2025 | 500 | 1 | 501 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.40 | % | 12-13-2024 | 01-13-2025 | 1,000 | 2 | 1,002 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.36 | % | 12-16-2024 | 01-13-2025 | 500 | 1 | 501 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.27 | % | 12-23-2024 | 01-13-2025 | 2,000 | 2 | 2,002 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.34 | % | 12-26-2024 | 01-21-2025 | 50,000 | 39 | 50,039 | |||||||||||||||||
| Banco Estado | Fixed term | Dollar | 0.34 | % | 12-26-2024 | 01-21-2025 | 50,000 | 39 | 50,039 | |||||||||||||||||
| Banco Crédito e Inversiones | Fixed term | Dollar | 0.46 | % | 12-09-2024 | 01-13-2025 | 1,000 | 3 | 1,003 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.25 | % | 12-24-2024 | 01-13-2025 | 500 | - | 500 | |||||||||||||||||
| Banco Santander | Fixed term | Dollar | 0.09 | % | 12-27-2024 | 01-03-2025 | 4,500 | 2 | 4,502 | |||||||||||||||||
| Banco Santander | Fixed term | Peso | 0.44 | % | 12-26-2024 | 01-14-2025 | 99,452 | 88 | 99,540 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Dollar | 0.32 | % | 12-19-2024 | 01-13-2025 | 500 | 1 | 501 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Dollar | 0.18 | % | 12-30-2024 | 01-13-2025 | 800 | - | 800 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.10 | % | 12-26-2024 | 01-02-2025 | 2,509 | 2 | 2,511 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.10 | % | 12-27-2024 | 01-03-2025 | 1,806 | 1 | 1,807 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.10 | % | 12-30-2024 | 01-06-2025 | 1,505 | - | 1,505 | |||||||||||||||||
| Scotiabank Chile | Fixed term | Peso | 0.45 | % | 12-26-2024 | 01-28-2025 | 99,352 | 88 | 99,440 | |||||||||||||||||
| Total | 322,224 | 276 | 322,500 | |||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Type of inventory | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Raw material and supplies for production | 239,130 | 150,126 | ||||||
| Products-in-progress | 683,303 | 698,134 | ||||||
| Finished product | 866,330 | 853,925 | ||||||
| Total | 1,788,763 | 1,702,185 | ||||||
| Non-current inventory | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Materials and spare parts | 95,185 | 155,821 | ||||||
| Total | 95,185 | 155,821 | ||||||
| Type of inventory | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Raw material and supplies for production | 19,908 | 5,082 | ||||||
| Products in progress | 73,611 | 75,100 | ||||||
| Finished product | 43,675 | 34,450 | ||||||
| Total | 137,194 | 114,632 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Reconciliation | As of March 31, 2025 | As of December 31, 2024 | ||||||
ThUS$ | ThUS$ | |||||||
| Beginning balance | 114,632 | 133,768 | ||||||
| Increase (decrease) in carrying amount | 10,153 | (14,517) | ||||||
| Additional provision for differences in inventories | - | 171 | ||||||
| Reclassifications | 13,117 | - | ||||||
| Provision used | (708) | (4,790) | ||||||
| Total changes | 22,562 | (19,136) | ||||||
| Final balance | 137,194 | 114,632 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Tax ID No | Name | Country of origin | Functional currency | Nature | ||||||||||
| 96.592.190-7 | SQM Nitratos S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 96.651.060-9 | SQM Potasio SpA (6) | Chile | Dollar | Subsidiary | ||||||||||
| 79.770.780-5 | Serv. Integrales de Tránsito y Transf. S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 79.906.120-1 | Isapre Norte Grande Ltda. | Chile | Peso | Subsidiary | ||||||||||
| 96.592.180-K | Ajay SQM Chile S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 79.876.080-7 | Almacenes y Depósitos Ltda. (18) | Chile | Peso | Subsidiary | ||||||||||
| 79.626.800-K | SQM Salar SpA (7) | Chile | Dollar | Subsidiary | ||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 76.425.380-9 | Exploraciones Mineras S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 76.534.490-5 | Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. | Chile | Peso | Subsidiary | ||||||||||
| 79.768.170-9 | Soquimich Comercial S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 76.064.419-6 | Comercial Agrorama Ltda. (1) | Chile | Peso | Subsidiary | ||||||||||
| 96.801.610-5 | Comercial Hydro S.A. | Chile | Dollar | Subsidiary | ||||||||||
| 76.145.229-0 | Agrorama S.A. | Chile | Peso | Subsidiary | ||||||||||
| 76.359.919-1 | Orcoma Estudios SpA | Chile | Dollar | Subsidiary | ||||||||||
| 76.360.575-2 | Orcoma SpA | Chile | Dollar | Subsidiary | ||||||||||
| 76.686.311-9 | SQM MAG SpA | Chile | Dollar | Subsidiary | ||||||||||
| 77.114.779-8 | Sociedad Contractual Minera Búfalo | Chile | Dollar | Subsidiary | ||||||||||
| 76.630.159-2 | SQM Nueva Potasio SpA (8) | Chile | Dollar | Subsidiary | ||||||||||
| 78.009.141-K | SQM Lab SpA (17) | Chile | Dollar | Subsidiary | ||||||||||
| Foreign | SQM North America Corp. | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | RS Agro Chemical Trading Corporation A.V.V. (2) | Aruba | Dollar | Subsidiary | ||||||||||
| Foreign | Nitratos Naturais do Chile Ltda. | Brazil | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Corporation N.V. | Curacao | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Ecuador S.A. | Ecuador | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Brasil Ltda. | Brazil | Dollar | Subsidiary | ||||||||||
| Foreign | SQMC Holding Corporation. | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Japan Co. Ltd. | Japan | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Europe N.V. | Belgium | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Indonesia S.A. | Indonesia | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Investment Corporation N.V. | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | Royal Seed Trading Corporation A.V.V. (3) | Mexico | Dollar | Subsidiary | ||||||||||
| Foreign | SQM France S.A. | Curacao | Dollar | Subsidiary | ||||||||||
| Foreign | Administración y Servicios Santiago S.A. de C.V. | Aruba | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Nitratos México S.A. de C.V. | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | Soquimich European Holding B.V. | Panama | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Iberian S.A. | France | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Nitratos S.A. | Mexico | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Potasio SpA (6) | Mexico | Dollar | Subsidiary | ||||||||||
| Foreign | Serv. Integrales de Tránsito y Transf. S.A. | Netherlands | Dollar | Subsidiary | ||||||||||
| Foreign | Isapre Norte Grande Ltda. | Spain | Dollar | Subsidiary | ||||||||||
Notes to the Consolidated Interim Financial Statements | Tax ID No | Name | Country of origin | Functional currency | Nature | ||||||||||
| Foreign | SQM África Pty Ltd. | South Africa | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Oceanía Pty Ltd. | Australia | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Beijing Commercial Co. Ltd. | China | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Thailand Limited (15) | Thailand | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Colombia SAS | Colombia | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Australia Pty | Australia | Dollar | Subsidiary | ||||||||||
| Foreign | SQM (Shanghai) Chemicals Co. Ltd. | China | Dollar | Subsidiary | ||||||||||
| Foreign | Soquimich LLC | South Korea | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Holland B.V. | Netherlands | Dollar | Subsidiary | ||||||||||
| Foreign | Soquimich Comercial Brasil Ltda. | Brazil | Dollar | Subsidiary | ||||||||||
| Foreign | Blue Energy Business and Trade (Shanghai) Co., Ltd. (4) | China | Chinese Yuan | Subsidiary | ||||||||||
| Foreign | SQM Comercial Perú S.A.C. (5) | Peru | Dollar | Subsidiary | ||||||||||
| Foreign | SQM India Private Limited (9) | India | Indian Rupee | Subsidiary | ||||||||||
| Foreign | Sichuan Dixin New Energy Co., Ltd. (10) | China | Chinese Yuan | Subsidiary | ||||||||||
| Foreign | SQM (Shanghai) Industrial Co, Ltd. (11) | China | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Lithium Europe NV (12) | Belgium | Dollar | Subsidiary | ||||||||||
| Foreign | SQM Lithium North America Corporation (13) | United States of America | Dollar | Subsidiary | ||||||||||
| Foreign | Sociedad Química y Minera Maroc (14) | Marocco | Moroccan Dirham | Subsidiary | ||||||||||
| Foreign | SQM Japan Lithium Co. Ltd. (16) | Japan | Dollar | Subsidiary | ||||||||||
| Foreign | Harding Battery Minerals (Novo JV) | Australia | Dollar | Subsidiary | ||||||||||
| Foreign | Pirra Lithium Pty Ltd (19) | Australia | Australian Dollar | Subsidiary | ||||||||||
| Foreign | SQM Hellas A.E. (20) | Grecee | Dollar | Subsidiary | ||||||||||
| Foreign | Ajay North America | United States of America | Dollar | Associate | ||||||||||
| Foreign | Ajay Europe SARL | France | Euro | Associate | ||||||||||
| Foreign | SAS Adionics | France | Euro | Associate | ||||||||||
| Foreign | Abu Dhabi Fertilizer Industries WWL | United Arab Emirates | Arab Emirates dirham | Associate | ||||||||||
| Foreign | SQM Vitas Fzco | United Arab Emirates | Arab Emirates dirham | Joint venture | ||||||||||
| Foreign | Pavoni & C, SpA. | Italy | Euro | Joint venture | ||||||||||
| Foreign | Covalent Lithium Pty Ltd. | Australia | Dollar | Joint venture | ||||||||||
| Foreign | Azure Minerals | Australia | Australian Dollar | Joint venture | ||||||||||
| Foreign | SH Mining Pty Ltd | Australia | Australian Dollar | Joint venture | ||||||||||
| Foreign | SQM Vitas Brasil Agroindustria | Brazil | Brazilian real | Other related parties | ||||||||||
Notes to the Consolidated Interim Financial Statements | Tax ID No. | Name | Country of origin | Functional currency | Relationship | ||||||||||
| N/A | Sociedad Contractual Minera Pampa Unión | Chile | Peso | Other related parties | ||||||||||
| Tax ID No | Name | Country of origin | Nature | ||||||||
| 90.193.000-7 | El Mercurio S.A.P. | Chile | Other related parties | ||||||||
| 92.580.000-7 | Empresa Nacional de Telecomunicaciones S.A. | Chile | Other related parties | ||||||||
| 96.806.980-2 | Entel PCS Telecomunicaciones S.A. | Chile | Other related parties | ||||||||
| 97.004.000-5 | Banco de Chile | Chile | Other related parties | ||||||||
| 99.012.000-5 | Compañía de Seguros de Vida Consorcio Nacional | Chile | Other related parties | ||||||||
| 65.614.340-1 | Corporación Endeavor Chile | Chile | Other related parties | ||||||||
| 82.135.600-8 | Instituto Chileno administración Racional Empresas | Chile | Other related parties | ||||||||
| 76.075.542-7 | Comercial e inversiones Comatel | Chile | Other related parties | ||||||||
| 96.806.111-3 | Dartel S.A. | Chile | Other related parties | ||||||||
| 76.327.076-9 | Comercial Larraín Norte S.A. | Chile | Other related parties | ||||||||
Notes to the Consolidated Interim Financial Statements | Tax ID No | Name | Nature | Country of origin | Transaction | As of March 31, 2025 | As of March 31, 2024 | ||||||||||||||
| ThUS$ | ThUS$ | |||||||||||||||||||
| Foreign | Ajay Europe S.A.R.L. | Associate | France | Sale of products | 7,812 | 9,707 | ||||||||||||||
| Foreign | Ajay North America LL.C. | Associate | United States of America | Sale of products | 7,627 | 11,940 | ||||||||||||||
| Foreign | Ajay North America LL.C. | Associate | United States of America | Dividends | 1,073 | - | ||||||||||||||
| Foreign | SQM Vitas Brasil Agroindustria | Other related parties | Brazil | Sale of products | - | 5,991 | ||||||||||||||
| Foreign | SQM Vitas Perú S.A.C. | Other related parties | Peru | Sale of products | - | 6,515 | ||||||||||||||
| Foreign | Pavoni & CPA | Joint venture | Italy | Sale of products | 1,075 | 2,091 | ||||||||||||||
| Foreign | SQM Vitas Fzco | Joint venture | United Arab Emirates | Dividends | - | 12,500 | ||||||||||||||
| Chile | Banco de Chile | Other related parties | Chile | Service Provider | (11,824) | (13,030) | ||||||||||||||
| Chile | El Mercurio S.A.P. | Other related parties | Chile | Service Provider | (22) | (45) | ||||||||||||||
| Chile | Compañía de Seguros de Vida Consorcio Nacional | Other related parties | Chile | Service Provider | (6) | (7) | ||||||||||||||
| Chile | Entel PCS Telecomunicaciones S.A. | Other related parties | Chile | Service Provider | (50) | (107) | ||||||||||||||
| Chile | Empresa Nacional de Telecomunicaciones | Other related parties | Chile | Service Provider | (112) | (114) | ||||||||||||||
| Chile | Instituto Chileno administración Racional Empresas | Other related parties | Chile | Service Provider | (1) | - | ||||||||||||||
| Chile | Corporación Endeavor Chile | Other related parties | Chile | Service Provider | (32) | (18) | ||||||||||||||
| Chile | Comercial e inversiones Comatel | Other related parties | Chile | Service Provider | (102) | - | ||||||||||||||
| Chile | Dartel S.A. | Other related parties | Chile | Service Provider | (185) | - | ||||||||||||||
| Chile | Comercial Larraín Norte S.A. | Other related parties | Chile | Service Provider | (52) | - | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Tax ID No | Name | Nature | Country of origin | Currency | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||
| ThUS$ | ThUS$ | |||||||||||||||||||
| Foreign | Ajay Europe S.A.R.L. | Associate | France | Euro | 7,220 | 13,213 | ||||||||||||||
| Foreign | Ajay North America LL.C. | Associate | United States of America | Dollar | 6,191 | 7,232 | ||||||||||||||
| 96.511.530-7 | Soc. de Inversiones Pampa Calichera | Other related parties | Chile | Dollar | 4 | 4 | ||||||||||||||
| Foreign | Pavoni & C. SpA | Joint venture | Italy | Euro | 1,929 | 1,511 | ||||||||||||||
| Foreign | Azure Minerals | Joint venture | Australia | Australian dollar | 7,733 | 4,713 | ||||||||||||||
| Foreign | SH Mining Pty Ltd | Joint venture | Australia | Australian dollar | 6,765 | 2,033 | ||||||||||||||
| Total | 29,842 | 28,706 | ||||||||||||||||||
| Tax ID No | Name | Nature | Country of origin | Currency | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||
| ThUS$ | ThUS$ | |||||||||||||||||||
| Foreign | Covalent Lithium Pty Ltd. | Joint venture | Australia | Australian dollar | 3,363 | 4,438 | ||||||||||||||
| Foreign | SQM Vitas Fzco | Joint venture | United Arab Emirates | Dollar | 5,827 | 5,827 | ||||||||||||||
| Total | 9,190 | 10,265 | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Description of other financial assets | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Financial assets at amortized cost (1) | 697,628 | 1,061,262 | ||||||
| Derivative financial instruments | ||||||||
| - For hedging | 5,386 | 15,405 | ||||||
| - Non-hedging (2) | 1,113 | 2,928 | ||||||
| Total other current financial assets | 704,127 | 1,079,595 | ||||||
| Financial assets at fair value through other comprehensive income (3) (4) (5) (6) | 40,295 | 57,756 | ||||||
| Derivative financial instruments | ||||||||
| - For hedging | 5,836 | 2,930 | ||||||
| Other financial assets at amortized cost | 20 | 20 | ||||||
| Total other non-current financial assets | 46,151 | 60,706 | ||||||
| Institution | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Banco de Crédito e Inversiones | 230,981 | 174,684 | ||||||
| Banco Morgan Stanley (3) | 81,485 | 415,851 | ||||||
| Banco Santander | 50,180 | 66,166 | ||||||
| Banco Itaú CorpBanca | 100,534 | - | ||||||
| Scotiabank Chile | 102,108 | 240,164 | ||||||
| Bank of Nova Scotia | 40,240 | - | ||||||
| Sumitomo Mitsui Banking | - | 51,025 | ||||||
| KBC Bank | - | 22,397 | ||||||
| Banco Estado | 92,100 | 90,975 | ||||||
| Total | 697,628 | 1,061,262 | ||||||
Notes to the Consolidated Interim Financial Statements | Trade and other receivables | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Current | Non-current | Total | Current | Non-current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Trade receivables, current | 563,229 | - | 563,229 | 537,552 | - | 537,552 | ||||||||||||||
| Prepayments, current | 64,055 | - | 64,055 | 33,737 | - | 33,737 | ||||||||||||||
| Other receivables, current | 14,877 | 3,219 | 18,096 | 23,063 | 2,727 | 25,790 | ||||||||||||||
| Guarantee deposits (1) | 11,916 | - | 11,916 | 11,785 | - | 11,785 | ||||||||||||||
| Total trade and other receivables | 654,077 | 3,219 | 657,296 | 606,137 | 2,727 | 608,864 | ||||||||||||||
| Trade and other receivables | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Gross receivables | Impairment provision for doubtful receivables | Trade receivables, net | Gross receivables | Impairment provision for doubtful receivables | Trade receivables, net | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Trade receivables, current | 565,405 | (2,176) | 563,229 | 539,948 | (2,396) | 537,552 | ||||||||||||||
| Prepayments, current | 64,840 | (785) | 64,055 | 34,521 | (784) | 33,737 | ||||||||||||||
| Other receivables, current | 17,836 | (2,959) | 14,877 | 25,712 | (2,649) | 23,063 | ||||||||||||||
| Guarantee deposits (1) | 11,916 | - | 11,916 | 11,785 | - | 11,785 | ||||||||||||||
| Other receivables, non-current | 3,219 | - | 3,219 | 2,727 | - | 2,727 | ||||||||||||||
| Total trade and other receivables | 663,216 | (5,920) | 657,296 | 614,693 | (5,829) | 608,864 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | As of March 31, 2025 | |||||||||||||||||||||||
| Trade and other receivables | Trade accounts receivable days past due | Trade | Trade receivables due from related parties | ||||||||||||||||||||
| Current | 1 to 30 days | 31 to 60 days | 61 to 90 days | Over 90 days | |||||||||||||||||||
| ThUS$ | ThUS$ | ||||||||||||||||||||||
| Expected Loss Rate on | 0 | % | 3% | 4% | 13% | 34% | - | - | |||||||||||||||
| Total Gross Book Value | 542,717 | 16,599 | 2,307 | 398 | 3,384 | 565,405 | 32,652 | ||||||||||||||||
| Impairment Estimate | 353 | 534 | 93 | 53 | 1,143 | 2,176 | 2,810 | ||||||||||||||||
| As of March 31, 2025 | |||||||||||||||||||||||
| Trade and other receivables | Trade accounts receivable days past due | Trade | Trade receivables due from related parties | ||||||||||||||||||||
| Current | 1 to 30 days | 31 to 60 days | 61 to 90 days | Over 90 days | |||||||||||||||||||
| ThUS$ | ThUS$ | ||||||||||||||||||||||
| Expected Loss Rate on | 0 | % | 1% | 2% | 5% | 27% | - | - | |||||||||||||||
| Total Gross Book Value | 512,474 | 16,619 | 6,294 | 558 | 4,003 | 539,948 | 29,374 | ||||||||||||||||
| Impairment Estimate | 989 | 163 | 138 | 26 | 1,080 | 2,396 | 668 | ||||||||||||||||
| Provisions | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Impairment provision of accounts receivable at the beginning of the year | 6,497 | 7,875 | ||||||
| Impairment loss on accounts receivable for the period recognized in results | 28 | (639) | ||||||
| Write-off of receivables | - | (2,154) | ||||||
| Difference in exchange rate | 2,205 | 1,415 | ||||||
| Impairment provision of accounts receivable at the reporting date | 8,730 | 6,497 | ||||||
| The allowance for impairment of accounts receivable is analyzed below | ||||||||
| Trade and other receivables | 2,176 | 2,396 | ||||||
| Current other receivables | 3,744 | 3,433 | ||||||
| Trade receivables with related parties | 2,810 | 668 | ||||||
| Impairment provision of Accounts Receivable | 8,730 | 6,497 | ||||||
Notes to the Consolidated Interim Financial Statements | As of March 31, 2025 | Assets | Liabilities | Total Realized (*) | Hedging Reserve in Gross Equity | ||||||||||
| Type of Instrument: Cross currency interest rate swaps and Forwards | ||||||||||||||
| Cash flow hedge derivatives | ||||||||||||||
| Short term | 5,386 | 9,410 | - | - | ||||||||||
| Long term | 5,836 | 9,247 | - | - | ||||||||||
| Subtotal | 11,222 | 18,657 | (10,490) | 3,055 | ||||||||||
| Type of Instrument: Forwards | ||||||||||||||
Non-hedging derivatives disbursement SQM Australia Pty | ||||||||||||||
| Short term | - | - | - | - | ||||||||||
| Long term | - | - | - | - | ||||||||||
| Subtotal | - | - | - | - | ||||||||||
| Underlying Investments Hedge | 11,222 | 18,657 | (10,490) | 3,055 | ||||||||||
| Type of Instrument: Forwards/Options | ||||||||||||||
| Non-hedge derivatives with effect on income | ||||||||||||||
| Short term | 1,113 | 4,957 | - | - | ||||||||||
| Underlying Investments Hedge | 1,113 | 4,957 | (6,010) | - | ||||||||||
| Total Instruments | 12,335 | 23,614 | (16,500) | 3,055 | ||||||||||
| As of December 31, 2024 | Assets | Liabilities | Total Realized (*) | Hedging Reserve in Gross Equity | ||||||||||
| Type of Instrument: Cross currency interest rate swaps and Forwards | ||||||||||||||
| Cash flow hedge derivatives | ||||||||||||||
| Short term | 15,405 | 7,316 | - | - | ||||||||||
| Long term | 2,930 | 21,440 | - | - | ||||||||||
| Subtotal | 18,335 | 28,756 | 10,018 | (20,439) | ||||||||||
| Type of Instrument: Forwards | ||||||||||||||
Non-hedging derivatives disbursement SQM Australia Pty | ||||||||||||||
| Short term | - | - | - | - | ||||||||||
| Long term | - | - | - | - | ||||||||||
| Subtotal | - | - | - | - | ||||||||||
| Underlying Investments Hedge | 18,335 | 28,756 | 10,018 | (20,439) | ||||||||||
| Type of Instrument: Forwards/Options | ||||||||||||||
| Non-hedge derivatives with effect on income | ||||||||||||||
| Short term | 2,928 | 418 | - | - | ||||||||||
| Underlying Investments Hedge | 2,928 | 418 | 17,131 | - | ||||||||||
| Total Instruments | 21,263 | 29,174 | 27,149 | (20,439) | ||||||||||
Notes to the Consolidated Interim Financial Statements | Reconciliation of asset and liability hedging derivatives | As of December 31, 2024 | Cash flow | Profit (loss) | Equity and other | As of March 31, 2025 | ||||||||||||
| Debt hedging derivatives | (25,826) | 2,081 | 21,979 | (7,443) | (9,209) | ||||||||||||
| Investment hedging derivatives | 15,405 | 279 | (15,927) | 2,017 | 1,774 | ||||||||||||
| Hedging derivatives – cash requirements for Australia’s business | - | - | - | - | - | ||||||||||||
| Non-hedging derivatives | 2,510 | (346) | (6,008) | - | (3,844) | ||||||||||||
| Reconciliation of asset and liability hedging derivatives | As of December 31, 2023 | Cash flow | Profit (loss) | Equity and other | As of December 31, 2024 | ||||||||||||
| Debt hedging derivatives | 2,520 | 6,298 | (47,238) | 12,594 | (25,826) | ||||||||||||
| Investment hedging derivatives | (18,300) | (4,368) | 37,938 | 135 | 15.405 | ||||||||||||
| Hedging derivatives – cash requirements for Australia’s business | 1,437 | - | - | (1,437) | - | ||||||||||||
| Non-hedging derivatives | (14,275) | (345) | 17,130 | - | 2,510 | ||||||||||||
| Series | Contract amount | Currency | Maturity date | ||||||||
| ThUS$ | |||||||||||
| O | 58,748 | UF | 02-01-2030 | ||||||||
| P | 134,228 | UF | 01-15-2028 | ||||||||
| Q | 123,370 | UF | 06-01-2030 | ||||||||
Notes to the Consolidated Interim Financial Statements | Other current and non-current financial liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Currents | Non-Current | Total | Currents | Non-Current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Liabilities at amortized cost | ||||||||||||||||||||
| Bank borrowings | 839,248 | 292,572 | 1,131,820 | 847,963 | 129,683 | 977,646 | ||||||||||||||
| Unsecured obligations | 47,574 | 3,463,606 | 3,511,180 | 307,771 | 3,449,459 | 3,757,230 | ||||||||||||||
| Derivative financial instruments | ||||||||||||||||||||
| For hedging | 9,410 | 9,247 | 18,657 | 7,316 | 21,440 | 28,756 | ||||||||||||||
| Non-hedging | 4,957 | - | 4,957 | 418 | - | 418 | ||||||||||||||
| Total | 901,189 | 3,765,425 | 4,666,614 | 1,163,468 | 3,600,582 | 4,764,050 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Payment of interest | Repayment | Effective rate | Nominal rate | ||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Tax ID No. | Financial institution | Country | |||||||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Bank of Nova Scotia | United States of America | Dollar | Upon maturity | 06-20-2025 | 6.20% | 4.28% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 06-23-2025 | 4.71% | 4.28% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 06-23-2025 | 5.00% | 4.29% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 03-19-2026 | 4.74% | 4.74% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 10-21-2025 | 4.95% | 4.95% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 08-21-2025 | 5.27% | 5.27% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 09-02-2025 | 4.95% | 4.95% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 11-17-2025 | 4.80% | 4.80% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.043.000-8 | JPMorgan | Chile | Dollar | Upon maturity | 07-10-2025 | 5.77% | 5.77% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 06-19-2025 | 5.89% | 5.89% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 07-11-2025 | 5.53% | 5.53% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 08-08-2025 | 5.22% | 5.22% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 02-02-2026 | 4.73% | 4.73% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 05-06-2025 | 6.06% | 6.06% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 03-18-2026 | 4.74% | 4.74% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.004.000-5 | Banco de Chile | Chile | Dollar | Upon maturity | 08-08-2025 | 5.22% | 5.34% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.004.000-5 | Banco de Chile | Chile | Dollar | Upon maturity | 06-16-2025 | 5.90% | 5.90% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 04-01-2025 | 4.88% | 4.88% | ||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Nominal amounts as of March 31, 2025 | Current amounts as of March 31, 2025 | |||||||||||||||||||||||||||||||||||||||||
| Company | Financial institution | Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Subtotal | Borrowing costs | Total | |||||||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||||||||
| SQM S.A. | Bank of Nova Scotia | - | 200,000 | 200,000 | - | 203,180 | 203,180 | (628) | 202,552 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | - | 1,498 | - | 1,498 | - | 1,498 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | - | 2,641 | - | 2,641 | - | 2,641 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Scotiabank Chile | - | 25,000 | 25,000 | - | 25,016 | 25,016 | - | 25,016 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 40,000 | 40,000 | - | 40,193 | 40,193 | - | 40,193 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 30,000 | 30,000 | - | 30,953 | 30,953 | - | 30,953 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 80,000 | 80,000 | - | 82,277 | 82,277 | - | 82,277 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 30,000 | 30,000 | - | 30,104 | 30,104 | - | 30,104 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | JPMorgan | - | 50,000 | 50,000 | - | 52,116 | 52,116 | - | 52,116 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | 30,000 | - | 30,000 | 31,369 | - | 31,369 | - | 31,369 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Estado | - | 50,000 | 50,000 | - | 51,966 | 51,966 | - | 51,966 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Estado | - | 30,000 | 30,000 | - | 30,996 | 30,996 | - | 30,996 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Estado | - | 20,000 | 20,000 | - | 20,139 | 20,139 | - | 20,139 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Scotiabank Chile | 50,000 | - | 50,000 | 52,675 | - | 52,675 | - | 52,675 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Scotiabank Chile | - | 50,000 | 50,000 | - | 50,033 | 50,033 | - | 50,033 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco de Chile | 70,000 | - | 70,000 | 73,247 | - | 73,247 | - | 73,247 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco de Chile | - | 40,000 | 40,000 | - | 41,359 | 41,359 | - | 41,359 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco Itau | 20,000 | - | 20,000 | 20,114 | - | 20,114 | - | 20,114 | |||||||||||||||||||||||||||||||||||
| Total | 170,000 | 645,000 | 815,000 | 181,544 | 658,332 | 839,876 | (628) | 839,248 | ||||||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Payment of interest | Repayment | Effective rate | Nominal rate | ||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Tax ID No. | Financial institution | Country | |||||||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Bank of Nova Scotia | United States of America | Dollar | Upon maturity | 06-20-2025 | 5.93% | 4.28% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 06-23-2025 | 4.73% | 4.28% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 06-23-2025 | 4.27% | 4.29% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 03-26-2025 | 6.10% | 6.10% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 02-14-2025 | 5.95% | 5.95% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 08-21-2025 | 5.27% | 5.27% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 09-02-2025 | 4.95% | 4.95% | ||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | 97.043.000-8 | JPMorgan | Chile | Dollar | Upon maturity | 07-10-2025 | 5.77% | 5.77% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 03-07-2025 | 6.11% | 6.11% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 03-07-2025 | 6.11% | 6.11% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 02-25-2025 | 5.84% | 5.84% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 06-19-2025 | 5.89% | 5.89% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 02-07-2025 | 5.89% | 5.89% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 07-11-2025 | 5.53% | 5.53% | ||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | 97.030.000-7 | Banco Estado | Chile | Dollar | Upon maturity | 08-08-2025 | 5.22% | 5.22% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.023.000-9 | Banco Itau | Chile | Dollar | Upon maturity | 02-17-2025 | 5.86% | 5.86% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 05-06-2025 | 6.06% | 6.06% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.018.000-1 | Scotiabank Chile | Chile | Dollar | Upon maturity | 03-26-2025 | 6.10% | 6.10% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.004.000-5 | Banco de Chile | Chile | Dollar | Upon maturity | 08-08-2025 | 5.34% | 5.34% | ||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | 97.004.000-5 | Banco de Chile | Chile | Dollar | Upon maturity | 06-16-2025 | 5.90% | 5.90% | ||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Nominal amounts as of December 31, 2024 | Current amounts as of December 31, 2024 | |||||||||||||||||||||||||||||||||||||||||
| Company | Financial institution | Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Subtotal | Borrowing costs | Total | |||||||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||||||||
| SQM S.A. | Bank of Nova Scotia | - | 200,000 | 200,000 | - | 200,346 | 200,346 | (839) | 199,507 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | - | - | 150 | 150 | - | 150 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | - | - | 23 | 23 | - | 23 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Scotiabank Chile | - | 25,000 | 25,000 | 25,911 | - | 25,911 | - | 25,911 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | 15,000 | - | 15,000 | 15,781 | - | 15,781 | - | 15,781 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 30,000 | 30,000 | - | 30,558 | 30,558 | - | 30,558 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | Banco Estado | - | 80,000 | 80,000 | - | 81,287 | 81,287 | - | 81,287 | |||||||||||||||||||||||||||||||||||
| SQM S.A. | JPMorgan | - | 50,000 | 50,000 | - | 51,395 | 51,395 | - | 51,395 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | 20,000 | - | 20,000 | 20,859 | - | 20,859 | - | 20,859 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | 20,000 | - | 20,000 | 20,586 | - | 20,586 | - | 20,586 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | 10,000 | - | 10,000 | 10,429 | - | 10,429 | - | 10,429 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | 40,000 | - | 40,000 | 41,226 | - | 41,226 | - | 41,226 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Itau | - | 30,000 | 30,000 | - | 30,928 | 30,928 | - | 30,928 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Estado | - | 30,000 | 30,000 | - | 30,605 | 30,605 | - | 30,605 | |||||||||||||||||||||||||||||||||||
| SQM Industrial S.A. | Banco Estado | - | 50,000 | 50,000 | - | 51,275 | 51,275 | - | 51,275 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco Itau | 20,000 | - | 20,000 | 20,664 | - | 20,664 | - | 20,664 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Scotiabank Chile | - | 50,000 | 50,000 | - | 51,918 | 51,918 | - | 51,918 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Scotiabank Chile | 50,000 | - | 50,000 | 51,822 | - | 51,822 | - | 51,822 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco de Chile | - | 40,000 | 40,000 | - | 40,825 | 40,825 | - | 40,825 | |||||||||||||||||||||||||||||||||||
| SQM Salar SpA | Banco de Chile | - | 70,000 | 70,000 | - | 72,214 | 72,214 | - | 72,214 | |||||||||||||||||||||||||||||||||||
| Total | 175,000 | 655,000 | 830,000 | 207,278 | 641,524 | 848,802 | (839) | 847,963 | ||||||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Number of registration or ID of the instrument | Series | Maturity date | Currency | Periodicity | Effective rate | Nominal rate | |||||||||||||||||||||||||
| Tax ID No. | Company | Country | Payment of interest | Repayment | ||||||||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$450,000 | 05/07/2025 | Dollar | Semiannual | Upon maturity | 4.10% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$400,000 | 07/22/2025 | Dollar | Semiannual | Upon maturity | 4.19% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$700,000 | 09/10/2025 | Dollar | Semiannual | Upon maturity | 3.42% | 3.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$750,000 | 05/07/2025 | Dollar | Semiannual | Upon maturity | 6.29% | 6.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$850,000 | 09/10/2025 | Dollar | Semiannual | Upon maturity | 5.27% | 5.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 564 | H | 07/05/2025 | UF | Semiannual | Semiannual | 4.76% | 4.90% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 699 | O | 08/01/2025 | UF | Semiannual | Upon maturity | 3.69% | 3.80% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 563 | P | 07/15/2025 | UF | Semiannual | Upon maturity | 3.24% | 3.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 700 | Q | 06/01/2025 | UF | Semiannual | Upon maturity | 3.54% | 3.45% | ||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Company | Country | Series | Nominal amounts as of March 31, 2025 | Carrying amounts of maturities as of March 31, 2025 | ||||||||||||||||||||||||||||
| Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Subtotal | Borrowing costs | Total | |||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$450,000 | 7,650 | - | 7,650 | 7,650 | - | 7,650 | (677) | 6,973 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$400,000 | - | 3,258 | 3,258 | - | 3,258 | 3,258 | (235) | 3,023 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$700,000 | - | 1,429 | 1,429 | - | 1,429 | 1,429 | (555) | 874 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$750,000 | 19,500 | - | 19,500 | 19,500 | - | 19,500 | (1,611) | 17,889 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$850,000 | - | 2,727 | 2,727 | - | 2,727 | 2,727 | (1,936) | 791 | ||||||||||||||||||||||
| SQM S.A. | Chile | H | - | 15,698 | 15,698 | - | 15,698 | 15,698 | (172) | 15,526 | ||||||||||||||||||||||
| SQM S.A. | Chile | O | - | 384 | 384 | - | 384 | 384 | (81) | 303 | ||||||||||||||||||||||
| SQM S.A. | Chile | P | - | 833 | 833 | - | 833 | 833 | (12) | 821 | ||||||||||||||||||||||
| SQM S.A. | Chile | Q | 1,396 | - | 1,396 | 1,396 | - | 1,396 | (22) | 1,374 | ||||||||||||||||||||||
| Total | 28,546 | 24,329 | 52,875 | 28,546 | 24,329 | 52,875 | (5,301) | 47,574 | ||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Number of registration or ID of the instrument | Series | Maturity date | Currency | Periodicity | Effective rate | Nominal rate | |||||||||||||||||||||||||
| Tax ID No. | Company | Country | Payment of interest | Repayment | ||||||||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$250,000 | 01-28-2025 | Dollar | Semiannual | Upon maturity | 0.39% | 4.38% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$450,000 | 05-07-2025 | Dollar | Semiannual | Upon maturity | 1.98% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$400,000 | 01-22-2025 | Dollar | Semiannual | Upon maturity | 3.43% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$700,000 | 03-10-2025 | Dollar | Semiannual | Upon maturity | 3.14% | 3.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$750,000 | 05-07-2025 | Dollar | Semiannual | Upon maturity | 6.02% | 6.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$850,000 | 03-10-2025 | Dollar | Semiannual | Upon maturity | 5.86% | 5.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 564 | H | 01-05-2024 | UF | Semiannual | Semiannual | 1.55% | 4.90% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 699 | O | 02-01-2024 | UF | Semiannual | Upon maturity | 1.51% | 3.80% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 563 | P | 01-15-2024 | UF | Semiannual | Upon maturity | 1.10% | 3.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 700 | Q | 06-01-2024 | UF | Semiannual | Upon maturity | 2.23% | 3.45% | ||||||||||||||||||||||
| Company | Country | Series | Nominal amounts as of December 31, 2024 | Carrying amounts of maturities as of December 31, 2024 | ||||||||||||||||||||||||||||
| Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Subtotal | Borrowing costs | Total | |||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$250,000 | 254,648 | - | 254,648 | 254,648 | - | 254,648 | (36) | 254,612 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$450,000 | - | 2,869 | 2,869 | - | 2,869 | 2,869 | (677) | 2,192 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$400,000 | 7,508 | - | 7,508 | 7,508 | - | 7,508 | (235) | 7,273 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$700,000 | 7,554 | - | 7,554 | 7,554 | - | 7,554 | (555) | 6,999 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$750,000 | - | 7,313 | 7,313 | - | 7,313 | 7,313 | (1,611) | 5,702 | ||||||||||||||||||||||
| SQM S.A. | Chile | ThUS$850,000 | 14,415 | - | 14,415 | 14,415 | - | 14,415 | (1,935) | 12,480 | ||||||||||||||||||||||
| SQM S.A. | Chile | H | 15,844 | - | 15,844 | 15,844 | - | 15,844 | (172) | 15,672 | ||||||||||||||||||||||
| SQM S.A. | Chile | O | 907 | - | 907 | 907 | - | 907 | (81) | 826 | ||||||||||||||||||||||
| SQM S.A. | Chile | P | 1,719 | - | 1,719 | 1,719 | - | 1,719 | (12) | 1,707 | ||||||||||||||||||||||
| SQM S.A. | Chile | Q | - | 330 | 330 | - | 330 | 330 | (22) | 308 | ||||||||||||||||||||||
| Total | 302,595 | 10,512 | 313,107 | 302,595 | 10,512 | 313,107 | (5,336) | 307,771 | ||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Type of amortization | Effective rate | Nominal rate | ||||||||||||||||||||||||
| Tax ID No. | Company | Country | Tax ID No. | Financial institution | Country | ||||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 4.71% | 4.28% | ||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 5.00% | 4.26% | ||||||||||||||||||||
| Debtor | Creditor | Nominal non-current maturities as of March 31, 2025 | Carrying amounts and maturities as of March 31, 2025 | |||||||||||||||||||||||||||||||||||
| Company | Financial institution | Between 1 and 2 | Between 2 and 3 | Between 3 and 4 | Total | Between 1 and 2 | Between 2 and 3 | Between 3 and 4 | Subtotal | Costs of obtaining loans | Total | |||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | 100,000 | 100,000 | - | - | 100,000 | 100,000 | (2,472) | 97,528 | |||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | 200,000 | 200,000 | - | - | 200,000 | 200,000 | (4,956) | 195,044 | |||||||||||||||||||||||||||
| Total | - | - | 300,000 | 300,000 | - | - | 300,000 | 300,000 | (7,428) | 292,572 | ||||||||||||||||||||||||||||
| Debtor | Creditor | Currency | Type of amortization | Effective rate | Nominal rate | ||||||||||||||||||||||||
| Tax ID No. | Company | Country | Tax ID No. | Financial institution | Country | ||||||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 4.73% | 4.28% | ||||||||||||||||||||
| 93.007.000-9 | SQM S.A. | Chile | O-E | Banco Santander/Kexim | Spain/South Korea | Dollar | Upon maturity | 4.27% | 4.29% | ||||||||||||||||||||
| Debtor | Creditor | Nominal non-current maturities as of December 31, 2024 | Carrying amounts and maturities as of December 31, 2024 | |||||||||||||||||||||||||||||||||||
| Company | Financial institution | Between 1 and 2 | Between 2 and 3 | Between 3 and 4 | Total | Between 1 and 2 | Between 2 and 3 | Between 3 and 4 | Subtotal | Costs of obtaining loans | Total | |||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | 100,000 | 100,000 | - | - | 100,000 | 100,000 | (2,997) | 97,003 | |||||||||||||||||||||||||||
| SQM S.A. | Banco Santander/Kexim | - | - | 36,000 | 36,000 | - | - | 36,000 | 36,000 | (3,320) | 32,680 | |||||||||||||||||||||||||||
| Total | - | - | 136,000 | 136,000 | - | - | 136,000 | 136,000 | (6,317) | 129,683 | ||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Number of registration or ID of the instrument | Series | Maturity date | Currency | Periodicity | Effective rate | Nominal rate | |||||||||||||||||||||||||
| Tax ID No. | Company | Country | Payment of interest | Repayment | ||||||||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$450,000 | 05-07-2029 | Dollar | Semiannual | Upon maturity | 4.10% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$400,000 | 01-22-2050 | Dollar | Semiannual | Upon maturity | 4.19% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$700,000 | 09-10-2051 | Dollar | Semiannual | Upon maturity | 3.42% | 3.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$750,000 | 11-07-2033 | Dollar | Semiannual | Upon maturity | 6.29% | 6.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$850,000 | 09-10-2034 | Dollar | Semiannual | Upon maturity | 5.27% | 5.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 564 | H | 01-05-2030 | UF | Semiannual | Semiannual | 4.76% | 4.90% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 699 | O | 02-01-2033 | UF | Semiannual | Upon maturity | 3.69% | 3.80% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 563 | P | 01-15-2028 | UF | Semiannual | Upon maturity | 3.24% | 3.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 700 | Q | 06-01-2038 | UF | Semiannual | Upon maturity | 3.54% | 3.45% | ||||||||||||||||||||||
| Series | Nominal non-current maturities as of March 31, 2025 | Carrying amounts and maturities as of March 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||
| Over 1 year to 2 | Over 2 years to 3 | Over 3 Years to 4 | Over 4 Years to 5 | Over 5 years | Total | Over 1 year to 2 | Over 2 years to 3 | Over 3 Years to 4 | Over 4 Years to 5 | Over 5 years | Subtotal | Bond issuance costs | Total | |||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||
ThUS$450 | - | - | - | 450,000 | - | 450,000 | - | - | - | 450,000 | - | 450,000 | (2,144) | 447,856 | ||||||||||||||||||||||||||||||
ThUS$400 | - | - | - | - | 400,000 | 400,000 | - | - | - | - | 400,000 | 400,000 | (5,591) | 394,409 | ||||||||||||||||||||||||||||||
ThUS$700 | - | - | - | - | 700,000 | 700,000 | - | - | - | - | 700,000 | 700,000 | (14,100) | 685,900 | ||||||||||||||||||||||||||||||
ThUS$750 | - | - | - | - | 750,000 | 750,000 | - | - | - | - | 750,000 | 750,000 | (12,192) | 737,808 | ||||||||||||||||||||||||||||||
ThUS$850 | - | - | - | - | 850,000 | 850,000 | - | - | - | - | 850,000 | 850,000 | (16,303) | 833,697 | ||||||||||||||||||||||||||||||
H | - | - | - | 59,359 | - | 59,359 | - | - | - | 59,359 | - | 59,359 | (646) | 58,713 | ||||||||||||||||||||||||||||||
O | - | - | - | - | 61,214 | 61,214 | - | - | - | - | 61,214 | 61,214 | (558) | 60,656 | ||||||||||||||||||||||||||||||
P | - | - | - | 122,428 | - | 122,428 | - | - | - | 122,428 | - | 122,428 | (25) | 122,403 | ||||||||||||||||||||||||||||||
Q | - | - | - | - | 122,428 | 122,428 | - | - | - | - | 122,428 | 122,428 | (264) | 122,164 | ||||||||||||||||||||||||||||||
| Total | - | - | - | 631,787 | 2,883,642 | 3,515,429 | - | - | - | 631,787 | 2,883,642 | 3,515,429 | (51,823) | 3,463,606 | ||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Number of registration or ID of the instrument | Series | Maturity date | Currency | Periodicity | Effective rate | Nominal rate | |||||||||||||||||||||||||
| Tax ID No. | Company | Country | Payment of interest | Repayment | ||||||||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$450,000 | 05-07-2029 | Dollar | Semiannual | Upon maturity | 4.14% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$400,000 | 01-22-2050 | Dollar | Semiannual | Upon maturity | 4.23% | 4.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$700,000 | 09-10-2051 | Dollar | Semiannual | Upon maturity | 3.45% | 3.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$750,000 | 11-07-2033 | Dollar | Semiannual | Upon maturity | 6.89% | 6.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | - | ThUS$850,000 | 09-10-2034 | Dollar | Semiannual | Upon maturity | 5.86% | 5.50% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 564 | H | 01-05-2030 | UF | Semiannual | Semiannual | 4.76% | 4.90% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 699 | O | 02-01-2033 | UF | Semiannual | Upon maturity | 3.69% | 3.80% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 563 | P | 01-15-2028 | UF | Semiannual | Upon maturity | 3.24% | 3.25% | ||||||||||||||||||||||
93.007.000-9 | SQM S.A. | Chile | 700 | Q | 06-01-2038 | UF | Semiannual | Upon maturity | 3.54% | 3.45% | ||||||||||||||||||||||
| Series | Nominal non-current maturities as of December 31, 2024 | Carrying amounts and maturities as of December 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||
| Over 1 year to 2 | Over 2 years to 3 | Over 3 Years to 4 | Over 4 Years to 5 | Over 5 years | Total | Over 1 year to 2 | Over 2 years to 3 | Over 3 Years to 4 | Over 4 Years to 5 | Over 5 years | Subtotal | Bond issuance costs | Total | |||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||
ThUS$450 | - | - | - | - | 450,000 | 450,000 | - | - | - | - | 450,000 | 450,000 | (2,313) | 447,687 | ||||||||||||||||||||||||||||||
ThUS$400 | - | - | - | - | 400,000 | 400,000 | - | - | - | - | 400,000 | 400,000 | (5,644) | 394,356 | ||||||||||||||||||||||||||||||
ThUS$700 | - | - | - | - | 700,000 | 700,000 | - | - | - | - | 700,000 | 700,000 | (14,232) | 685,768 | ||||||||||||||||||||||||||||||
ThUS$750 | - | - | - | - | 750,000 | 750,000 | - | - | - | - | 750,000 | 750,000 | (12,590) | 737,410 | ||||||||||||||||||||||||||||||
ThUS$850 | - | - | - | - | 850,000 | 850,000 | - | - | - | - | 850,000 | 850,000 | (16,433) | 833,567 | ||||||||||||||||||||||||||||||
H | - | - | - | - | 63,087 | 63,087 | - | - | - | - | 63,087 | 63,087 | (689) | 62,398 | ||||||||||||||||||||||||||||||
O | - | - | - | - | 57,830 | 57,830 | - | - | - | - | 57,830 | 57,830 | (578) | 57,252 | ||||||||||||||||||||||||||||||
P | - | - | - | - | 115,659 | 115,659 | - | - | - | - | 115,659 | 115,659 | (27) | 115,632 | ||||||||||||||||||||||||||||||
Q | - | - | - | - | 115,659 | 115,659 | - | - | - | - | 115,659 | 115,659 | (270) | 115,389 | ||||||||||||||||||||||||||||||
| Total | - | - | - | - | 3,502,235 | 3,502,235 | - | - | - | - | 3,502,235 | 3,502,235 | (52,776) | 3,449,459 | ||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Trade and other payables | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Current | Non-current | Current | Current | Non-current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Accounts payable | 376,575 | - | 376,575 | 448,154 | - | 448,154 | ||||||||||||||
| Other accounts payable | 753 | - | 753 | 1,007 | - | 1,007 | ||||||||||||||
| Prepayments from customers | 28,145 | - | 28,145 | 22,288 | - | 22,288 | ||||||||||||||
| Total | 405,473 | - | 405,473 | 471,449 | - | 471,449 | ||||||||||||||
| Type of Supplier | Amounts according to payment periods as of March 31, 2025 | ||||||||||||||||||||||
| Up to 30 Days | 31 - 60 days | 61 - 90 Days | 91 - 120 days | 121 - 365 days | 366 and more days | Total | |||||||||||||||||
| ThUS$ | |||||||||||||||||||||||
| Goods | 246,702 | 7,206 | 82 | 101 | 75 | - | 254,166 | ||||||||||||||||
| Services | 115,105 | 3,292 | 29 | 9 | 65 | - | 118,500 | ||||||||||||||||
| Others | 29,144 | 743 | 38 | 16 | 5 | - | 29,946 | ||||||||||||||||
| Total | 390,951 | 11,241 | 149 | 126 | 145 | - | 402,612 | ||||||||||||||||
| Type of Supplier | Amounts according to payment periods as of December 31, 2024 | ||||||||||||||||||||||
| Up to 30 Days | 31 - 60 days | 61 - 90 Days | 91 - 120 days | 121 - 365 days | 366 and more days | Total | |||||||||||||||||
| ThUS$ | |||||||||||||||||||||||
| Goods | 290,688 | 5,248 | 66 | 25 | 1 | - | 296,028 | ||||||||||||||||
| Services | 126,479 | 6,031 | 11 | 7 | 65 | - | 132,593 | ||||||||||||||||
| Others | 40,353 | 159 | 4 | - | - | - | 40,516 | ||||||||||||||||
| Total | 457,520 | 11,438 | 81 | 32 | 66 | - | 469,137 | ||||||||||||||||
| Type of Supplier | Amounts according to payment periods as of March 31, 2025 | ||||||||||||||||||||||
| Up to 30 Days | 31 - 60 days | 61 - 90 Days | 91 - 120 days | 121 - 365 days | 366 and more days | Total | |||||||||||||||||
| ThUS$ | |||||||||||||||||||||||
| Goods | 499 | 956 | 41 | - | 11 | - | 1,507 | ||||||||||||||||
| Services | 440 | 117 | - | - | 8 | - | 565 | ||||||||||||||||
| Others | 34 | 2 | - | - | - | - | 36 | ||||||||||||||||
| Total | 973 | 1,075 | 41 | - | 19 | - | 2,108 | ||||||||||||||||
| Type of Supplier | Amounts according to payment periods as of December 31, 2024 | ||||||||||||||||||||||
| Up to 30 Days | 31 - 60 days | 61 - 90 Days | 91 - 120 days | 121 - 365 days | 366 and more days | Total | |||||||||||||||||
| ThUS$ | |||||||||||||||||||||||
| Goods | 458 | 80 | 121 | 61 | 67 | - | 787 | ||||||||||||||||
| Services | 443 | - | - | 9 | 2 | - | 454 | ||||||||||||||||
| Others | 32 | 32 | - | - | - | - | 64 | ||||||||||||||||
| Total | 933 | 112 | 121 | 70 | 69 | - | 1,305 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Description of financial assets | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Current | Non-current | Total | Current | Non-current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Cash and cash equivalent | 1,656,089 | - | 1,656,089 | 1,377,851 | - | 1,377,851 | ||||||||||||||
| Trade receivables due from related parties at amortized cost | 29,842 | - | 29,842 | 28,706 | - | 28,706 | ||||||||||||||
| Financial assets measured at amortized cost | 697,628 | 20 | 697,648 | 1,061,262 | 20 | 1,061,282 | ||||||||||||||
| Trade and other receivables | 654,077 | 3,219 | 657,296 | 606,137 | 2,727 | 608,864 | ||||||||||||||
| Total financial assets measured at amortized cost | 3,037,636 | 3,239 | 3,040,875 | 3,073,956 | 2,747 | 3,076,703 | ||||||||||||||
| Financial instruments for hedging purposes | 5,386 | 5,836 | 11,222 | 15,405 | 2,930 | 18,335 | ||||||||||||||
| Derivative financial instruments with effect in profit or loss (non-hedging) | 1,113 | - | 1,113 | 2,928 | - | 2,928 | ||||||||||||||
| Financial assets classified as at fair value through other comprehensive income | - | 40,295 | 40,295 | - | 57,756 | 57,756 | ||||||||||||||
| Total financial assets at fair value | 6,499 | 46,131 | 52,630 | 18,333 | 60,686 | 79,019 | ||||||||||||||
| Total financial assets | 3,044,135 | 49,370 | 3,093,505 | 3,092,289 | 63,433 | 3,155,722 | ||||||||||||||
| Description of financial liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Current | Non-current | Total | Current | Non-current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| For hedging purposes through other comprehensive income | 9,410 | 9,247 | 18,657 | 7,316 | 21,440 | 28,756 | ||||||||||||||
| Derivative financial instruments with effect in profit or loss (non-hedging) | 4,957 | - | 4,957 | 418 | - | 418 | ||||||||||||||
| Financial liabilities at fair value | 14,367 | 9,247 | 23,614 | 7,734 | 21,440 | 29,174 | ||||||||||||||
| Bank loans | 839,248 | 292,572 | 1,131,820 | 847,963 | 129,683 | 977,646 | ||||||||||||||
| Unsecured obligations | 47,574 | 3,463,606 | 3,511,180 | 307,771 | 3,449,459 | 3,757,230 | ||||||||||||||
| Lease Liabilities | 23,998 | 57,249 | 81,247 | 23,011 | 60,801 | 83,812 | ||||||||||||||
| Trade and other payables | 405,473 | - | 405,473 | 471,449 | - | 471,449 | ||||||||||||||
| Total financial liabilities at amortized cost | 1,316,293 | 3,813,427 | 5,129,720 | 1,650,194 | 3,639,943 | 5,290,137 | ||||||||||||||
| Total financial liabilities | 1,330,660 | 3,822,674 | 5,153,334 | 1,657,928 | 3,661,383 | 5,319,311 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Fair value measurement of assets and liabilities | As of March 31, 2025 | Measurement Methodology | ||||||||||||||||||
| Carrying Amount at Amortized Cost | Fair value (disclosure purposes) | Fair Amount registered | Level 1 | Level 2 | Level 3 | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Financial Assets | ||||||||||||||||||||
| Cash and cash equivalents | 1,656,089 | 1,656,089 | - | 1,656,089 | - | - | ||||||||||||||
| Other current financial assets | ||||||||||||||||||||
| - Time deposits | 697,628 | 697,628 | - | - | 697,628 | - | ||||||||||||||
| - Derivative financial instruments | ||||||||||||||||||||
- Forwards | - | - | 770 | - | 770 | - | ||||||||||||||
- Options | - | - | 343 | - | 343 | - | ||||||||||||||
- Hedging assets | - | - | - | - | - | - | ||||||||||||||
- Swaps | - | - | 5,386 | - | 5,386 | - | ||||||||||||||
| Non-current accounts receivable | 3,219 | 3,219 | - | - | - | - | ||||||||||||||
| Other non-current financial assets: | ||||||||||||||||||||
| - Other | 20 | 20 | - | - | 20 | - | ||||||||||||||
| - Equity instruments | - | - | 40,295 | 40,295 | - | - | ||||||||||||||
| - Hedging assets – swaps | - | - | 5,836 | 5,836 | - | - | ||||||||||||||
| Other current financial liabilities | ||||||||||||||||||||
| - Bank borrowings | 839,248 | 839,876 | - | - | 839,876 | - | ||||||||||||||
| - Derivative instruments | - | - | - | - | - | - | ||||||||||||||
- Forwards | - | - | 4,518 | - | 4,518 | - | ||||||||||||||
- Options | - | - | 439 | - | 439 | - | ||||||||||||||
- Hedging-debt | - | - | 9,037 | - | 9,037 | - | ||||||||||||||
- Hedging-investments | - | - | 373 | - | 373 | - | ||||||||||||||
| - Unsecured obligations | 47,574 | 52,876 | - | - | 52,876 | - | ||||||||||||||
| Other non-current financial liabilities | ||||||||||||||||||||
| - Bank borrowings | 292,572 | 300,000 | - | - | 300,000 | - | ||||||||||||||
| - Unsecured obligations | 3,463,606 | 3,515,429 | - | - | 3,515,429 | - | ||||||||||||||
| - Non-current hedging liabilities | - | - | 9,247 | - | 9,247 | - | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Fair value measurement of assets and liabilities | As of December 31, 2024 | Measurement Methodology | ||||||||||||||||||
| Carrying Amount at Amortized Cost | Fair value (disclosure purposes) | Fair Amount registered | Level 1 | Level 2 | Level 3 | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Financial Assets | ||||||||||||||||||||
| Cash and cash equivalents | 1,377,851 | 1,377,851 | - | 1,377,851 | - | - | ||||||||||||||
| Other current financial assets | ||||||||||||||||||||
| - Time deposits | 1,061,262 | 1,061,262 | - | - | 1,061,262 | - | ||||||||||||||
| - Derivative financial instruments | ||||||||||||||||||||
- Forwards | - | - | 2,615 | - | 2,615 | - | ||||||||||||||
- Options | - | - | 313 | - | 313 | - | ||||||||||||||
- Hedging assets | - | - | - | - | - | - | ||||||||||||||
- Swaps | - | - | 15,405 | - | 15,405 | - | ||||||||||||||
| Non-current accounts receivable | 2,727 | 2,727 | - | - | - | - | ||||||||||||||
| Other non-current financial assets: | ||||||||||||||||||||
| - Other | 20 | 20 | - | - | 20 | - | ||||||||||||||
| - Equity instruments | - | - | 57,756 | 57,756 | - | - | ||||||||||||||
| - Hedging assets – swaps | - | - | 2,930 | 2,930 | - | - | ||||||||||||||
| Other current financial liabilities | ||||||||||||||||||||
| - Bank borrowings | 847,963 | 848,800 | - | - | 848,800 | - | ||||||||||||||
| - Derivative instruments | - | - | - | - | - | - | ||||||||||||||
- Forwards | - | - | 182 | - | 182 | - | ||||||||||||||
- Options | - | - | 236 | - | 236 | - | ||||||||||||||
- Hedging-debt | - | - | 7,316 | - | 7,316 | - | ||||||||||||||
- Hedging-investments | - | - | - | - | - | - | ||||||||||||||
| - Unsecured obligations | 307,771 | 313,107 | - | - | 313,107 | - | ||||||||||||||
| Other non-current financial liabilities | ||||||||||||||||||||
| - Bank borrowings | 129,683 | 136,000 | - | - | 136,000 | - | ||||||||||||||
| - Unsecured obligations | 3,449,459 | 3,502,236 | - | - | 3,502,236 | - | ||||||||||||||
| - Non-current hedging liabilities | - | - | 21,440 | - | 21,440 | - | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Net debt | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Cash and cash equivalents | 1,656,089 | 1,377,851 | ||||||
| Other current financial assets | 704,127 | 1,079,595 | ||||||
| Other non-current financial hedge assets | 5,836 | 2,930 | ||||||
| Other current financial liabilities | (901,189) | (1,163,468) | ||||||
| Lease liabilities, current | (23,998) | (23,011) | ||||||
| Other non-current financial liabilities | (3,765,425) | (3,600,582) | ||||||
| Non-current lease liabilities | (57,249) | (60,801) | ||||||
| Total | (2,381,809) | (2,387,486) | ||||||
| Net debt | As of December 31, 2024 | From cash flow | Not from cash flow | As of March 31, 2025 | |||||||||||||||||||
| Amounts from loans | Amounts from interests | Other cash (inflows)/outflows | Income statement | Equity and others | |||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||
| Obligations with the public and bank loans | (4,734,876) | 107,905 | 68,457 | 6,592 | (91,078) | - | (4,643,000) | ||||||||||||||||
| Financial instruments derived from hedging | (28,756) | 151 | 1,930 | - | 19,073 | (7,443) | (15,045) | ||||||||||||||||
| Derivatives for investment hedges | - | - | - | 279 | (5,909) | 2,017 | (3,613) | ||||||||||||||||
| Non-hedging derivatives in other financial liabilities | (418) | - | - | - | (4,539) | - | (4,957) | ||||||||||||||||
| Current and non-current lease liabilities | (83,812) | 6,653 | 767 | - | (4,855) | - | (81,247) | ||||||||||||||||
| Current and Non-Current Financial Liabilities | (4,847,862) | 114,709 | 71,154 | 6,871 | (87,308) | (5,426) | (4,747,862) | ||||||||||||||||
| Cash and cash equivalents | 1,377,851 | (12,431) | 278,250 | 12,419 | - | 1,656,089 | |||||||||||||||||
| Deposits that do not qualify as cash and cash equivalents | 1,061,262 | (18,777) | (370,125) | 25,268 | - | 697,628 | |||||||||||||||||
| Debt hedging derivative financial instruments | 2,930 | - | - | - | 2,906 | - | 5,836 | ||||||||||||||||
| Derivatives for investment hedges | 15,405 | - | - | - | (10,018) | - | 5,387 | ||||||||||||||||
| Non-hedging derivatives on other financial assets | 2,928 | - | - | (346) | (1,469) | - | 1,113 | ||||||||||||||||
| Current and Non-Current Financial Assets | 2,460,376 | - | (31,208) | (92,221) | 29,106 | - | 2,366,053 | ||||||||||||||||
| Total | (2,387,486) | 114,709 | 39,946 | (85,350) | (58,202) | (5,426) | (2,381,809) | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Net debt | As of December 31, 2023 | From cash flow | Not from cash flow | As of December 31, 2024 | |||||||||||||||||||
| Amounts from loans | Amounts from interests | Other cash (inflows)/outflows | Income statement | Equity and others | |||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||
| Obligations with the public and bank loans | (4,416,264) | (371,131) | 233,768 | 23,091 | (204,340) | - | (4,734,876) | ||||||||||||||||
| Financial instruments derived from hedging | (22,000) | (759) | 7,057 | - | (25,648) | 12,594 | (28,756) | ||||||||||||||||
| Derivatives for investment hedges | (18,300) | - | - | (4,368) | 22,533 | 135 | - | ||||||||||||||||
| Non-hedging derivatives in other financial liabilities | (14,795) | - | - | - | 14,377 | - | (418) | ||||||||||||||||
| Current and non-current lease liabilities | (75,158) | 22,288 | 2,820 | - | (33,762) | - | (83,812) | ||||||||||||||||
| Hedging derivatives – cash requirements for Australia’s business | 1,437 | - | - | - | - | (1,437) | - | ||||||||||||||||
| Current and Non-Current Financial Liabilities | (4,545,080) | (349,602) | 243,645 | 18,723 | (226,840) | 11,292 | (4,847,862) | ||||||||||||||||
| Cash and cash equivalents | 1,041,369 | - | (50,529) | 329,897 | 57,114 | - | 1,377,851 | ||||||||||||||||
| Deposits that do not qualify as cash and cash equivalents | 1,316,797 | - | (46,547) | (230,017) | 21,029 | - | 1,061,262 | ||||||||||||||||
| Debt hedging derivative financial instruments | 24,520 | - | - | - | (21,590) | - | 2,930 | ||||||||||||||||
| Derivatives for investment hedges | - | - | - | - | 15,405 | - | 15,405 | ||||||||||||||||
| Non-hedging derivatives on other financial assets | 520 | - | - | (345) | 2,753 | - | 2,928 | ||||||||||||||||
| Current and Non-Current Financial Assets | 2,383,206 | - | (97,076) | 99,535 | 74,711 | - | 2,460,376 | ||||||||||||||||
| Total | (2,161,874) | (349,602) | 146,569 | 118,258 | (152,129) | 11,292 | (2,387,486) | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements Reconciliation of changes in right-of-use assets as of March 31, 2025, net value | Land | Buildings | Other property, plant and equipment | Transport equipment | Machinery, plant and equipment | Total | ||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Opening Balance | 18,663 | 30,548 | - | 1,213 | 33,646 | 84,070 | ||||||||||||||
| Additions | - | 1,455 | - | 29 | 2,356 | 3,840 | ||||||||||||||
| Depreciation expenses | (191) | (1,995) | - | (300) | (4,198) | (6,684) | ||||||||||||||
| Transfer to property, plant and equipment | - | - | - | - | - | - | ||||||||||||||
| Other increases (decreases) | - | - | - | - | 37 | 37 | ||||||||||||||
| Total changes | (191) | (540) | - | (271) | (1,805) | (2,807) | ||||||||||||||
| Closing balance | 18,472 | 30,008 | - | 942 | 31,841 | 81,263 | ||||||||||||||
Reconciliation of changes in right-of-use assets as of December 31, 2024, net value | Land | Buildings | Other property, plant and equipment | Transport equipment | Machinery, plant and equipment | Total | ||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Opening Balance | 18,299 | 25,458 | - | 855 | 28,581 | 73,193 | ||||||||||||||
| Additions | 110 | 12,247 | - | 1,245 | 19,435 | 33,037 | ||||||||||||||
| Depreciation expenses | (738) | (7,150) | - | (1,129) | (13,648) | (22,665) | ||||||||||||||
| Transfer to property, plant and equipment | - | - | - | - | - | - | ||||||||||||||
| Other increases (decreases) | 992 | (7) | - | 242 | (722) | 505 | ||||||||||||||
| Total changes | 364 | 5,090 | - | 358 | 5,065 | 10,877 | ||||||||||||||
| Closing balance | 18,663 | 30,548 | - | 1,213 | 33,646 | 84,070 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Lease liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||
| Current | Non-Current | Current | Non-Current | |||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||
| Lease liabilities | 23,998 | 57,249 | 23,011 | 60,801 | ||||||||||
| Total | 23,998 | 57,249 | 23,011 | 60,801 | ||||||||||
| Debtor | Creditor | Currency | Effective rate | Nominal amounts as of March 31, 2025 | Amounts at amortized cost as of March 31, 2025 | ||||||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Supplier | Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Total | ||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | Peso | 3.42% | 2,813 | 8,389 | 11,202 | 2,505 | 7,633 | 10,138 | ||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | UF | 2.47% | 361 | 951 | 1,312 | 342 | 909 | 1,251 | ||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | Peso | 3.52% | 31 | 41 | 72 | 30 | 39 | 69 | ||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | UF | 2.59% | 662 | 1,729 | 2,391 | 596 | 1,555 | 2,151 | ||||||||||||||||||||||||
| 79.768.170-9 | Soquimich Comercial S.A. | Chile | Contract supplier | UF | 3.75% | 336 | 880 | 1,216 | 328 | 808 | 1,136 | ||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | Peso | 6.80% | 3 | 6 | 9 | 1 | 4 | 5 | ||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | UF | 2.35% | 1 | - | 1 | 1 | - | 1 | ||||||||||||||||||||||||
| Foreign | SQM Australia Pty | Australia | Contract supplier | Australian dollar | 5.11% | 671 | 2,337 | 3,008 | 668 | 2,326 | 2,994 | ||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Mexican Peso | 7.03% | 341 | 906 | 1,247 | 304 | 827 | 1,131 | ||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Dollar | 5.03% | 652 | 1,882 | 2,534 | 596 | 1,759 | 2,355 | ||||||||||||||||||||||||
| Foreign | SQM Europe N.V. | Belgium | Contract supplier | Euro | 3.07% | 121 | 364 | 485 | 98 | 298 | 396 | ||||||||||||||||||||||||
| Foreign | SQM North América Corp. | United States | Contract supplier | Dollar | 5.31% | 80 | 235 | 315 | 73 | 217 | 290 | ||||||||||||||||||||||||
| Foreign | SQM África Pty | South Africa | Contract supplier | Rand | 9.20% | 363 | 732 | 1,095 | 319 | 641 | 960 | ||||||||||||||||||||||||
| Foreign | SQM Colombia S.A.S. | Colombia | Contract supplier | Colombian Peso | 13.98% | 78 | 234 | 312 | 78 | 234 | 312 | ||||||||||||||||||||||||
| Foreign | SQM Iberian | Spain | Contract supplier | Euro | 3.25% | 15 | 46 | 61 | 14 | 44 | 58 | ||||||||||||||||||||||||
| Foreign | SQM Comercial Perú S.A.C. | Peru | Contract supplier | Dollar | 8.01% | 23 | 70 | 93 | 23 | 70 | 93 | ||||||||||||||||||||||||
| Foreign | SQM India Private Limited | India | Contract supplier | INR | 2.84% | 9 | 27 | 36 | 9 | 26 | 35 | ||||||||||||||||||||||||
| Foreign | Soquimich Comercial Brasil Ltda. | Brazil | Contract supplier | Brazilian real | 2.55% | 5 | 12 | 17 | 4 | 12 | 16 | ||||||||||||||||||||||||
| Foreign | SQM Japan Co. Ltd. | Japan | Contract supplier | JPY | 2.38% | 7 | 21 | 28 | 7 | 21 | 28 | ||||||||||||||||||||||||
| Foreign | SQM Shanghái Industrial Co. | China | Contract supplier | CNY | 2.46% | 30 | 89 | 119 | 29 | 85 | 114 | ||||||||||||||||||||||||
| Foreign | SQM Japan Lithium | Japan | Contract supplier | JPY | 2.18% | 7 | 22 | 29 | 7 | 22 | 29 | ||||||||||||||||||||||||
| Foreign | SQM Shanghái Chemicals | China | Contract supplier | CNY | 2.23% | 115 | 344 | 459 | 108 | 328 | 436 | ||||||||||||||||||||||||
| Total | 6,724 | 19,317 | 26,041 | 6,140 | 17,858 | 23,998 | |||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Effective rate | Nominal amounts as of December 31,2024 | Amounts at amortized cost as of December 31, 2024 | ||||||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Supplier | Up to 90 days | 90 days to 1 year | Total | Up to 90 days | 90 days to 1 year | Total | ||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar S.A. | Chile | Contract supplier | Peso | 3.42% | 2,813 | 8,438 | 11,251 | 2,482 | 7,591 | 10,073 | ||||||||||||||||||||||||
| 79.626.800-K | SQM Salar S.A. | Chile | Contract supplier | UF | 2.47% | 361 | 1,065 | 1,426 | 339 | 1,017 | 1,356 | ||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | Peso | 3.52% | 65 | 58 | 123 | 64 | 56 | 120 | ||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | UF | 2.45% | 658 | 1,911 | 2,569 | 589 | 1,724 | 2,313 | ||||||||||||||||||||||||
| 79.768.170-9 | Soquimich Comercial S.A. | Chile | Contract supplier | UF | 3.75% | 336 | 954 | 1,290 | 324 | 874 | 1,198 | ||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | Peso | 6.80% | 2 | 7 | 9 | 2 | 4 | 6 | ||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | UF | 2.35% | 1 | 1 | 2 | 1 | 1 | 2 | ||||||||||||||||||||||||
| Foreign | SQM Australia Pty | Australia | Contract supplier | Australian dollar | 5.36% | 687 | 1,999 | 2,686 | 683 | 1,989 | 2,672 | ||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Dollar | 5.05% | 734 | 1,455 | 2,189 | 692 | 1,370 | 2,062 | ||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Mexican Peso | 6.37% | 317 | 537 | 854 | 290 | 475 | 765 | ||||||||||||||||||||||||
| Foreign | SQM Europe N.V. | Belgium | Contract supplier | Euro | 3.07% | 121 | 364 | 485 | 97 | 296 | 393 | ||||||||||||||||||||||||
| Foreign | SQM North América Corp. | United States | Contract supplier | Dollar | 5.25% | 74 | 221 | 295 | 98 | 204 | 272 | ||||||||||||||||||||||||
| Foreign | SQM África Pty | South Africa | Contract supplier | Rand | 9.20% | 370 | 929 | 1,299 | 316 | 823 | 1,139 | ||||||||||||||||||||||||
| Foreign | SQM Colombia S.A.S. | Colombia | Contract supplier | Colombian Peso | 12.86% | 66 | 200 | 266 | 66 | 200 | 266 | ||||||||||||||||||||||||
| Foreign | SQM Iberian | Spain | Contract supplier | Euro | 3.25% | 15 | 46 | 61 | 14 | 44 | 58 | ||||||||||||||||||||||||
| Foreign | SQM Comercial Perú S.A.C. | Peru | Contract supplier | Dollar | 6.83% | 31 | 91 | 122 | 31 | 91 | 122 | ||||||||||||||||||||||||
| Foreign | SQM India Private Limited | India | Contract supplier | INR | 2.84% | 9 | 26 | 35 | 9 | 26 | 35 | ||||||||||||||||||||||||
| Foreign | Soquimich Comercial Brasil Ltda. | Brazil | Contract supplier | Brazilian real | 2.55% | 5 | 13 | 18 | 4 | 13 | 17 | ||||||||||||||||||||||||
| Foreign | SQM Japan Co. Ltd. | Japan | Contract supplier | JPY | 2.38% | 7 | 21 | 28 | 7 | 21 | 28 | ||||||||||||||||||||||||
| Foreign | SQM Shanghái Industrial Co. | China | Contract supplier | CNY | 2.46% | 30 | 90 | 120 | 28 | 86 | 114 | ||||||||||||||||||||||||
| Total | 6,702 | 18,426 | 25,128 | 6,106 | 16,905 | 23,011 | |||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Effective rate | Nominal amounts as of March 31, 2025 | Amounts at amortized cost as of March 31, 2025 | ||||||||||||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Supplier | 1-2 Years | 2-3 Years | 3-4 Years | Total | 1-2 Years | 2-3 Years | 3-4 Years | Total | ||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | Peso | 3.81% | 15,850 | 4,149 | - | 19,999 | 15,050 | 4,055 | - | 19,105 | ||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | UF | 2.27% | 1,505 | 123 | - | 1,628 | 1,455 | 123 | - | 1,578 | ||||||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | Peso | 6.02% | 23 | - | - | 23 | 23 | - | - | 23 | ||||||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | UF | 2.99% | 3,741 | 3,574 | - | 7,315 | 3,419 | 3,467 | - | 6,886 | ||||||||||||||||||||||||||||
| 79.768.170-9 | Soquimich Comercial S.A. | Chile | Contract supplier | UF | 4.23% | 1,550 | 186 | - | 1,736 | 1,487 | 183 | - | 1,670 | ||||||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | Peso | 6.80% | 18 | 26 | 26 | 70 | 11 | 20 | 23 | 54 | ||||||||||||||||||||||||||||
| Foreign | SQM North América Corp. | United States | Contract supplier | Dollar | 5.42% | 515 | 14 | - | 529 | 498 | 14 | - | 512 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Mexican peso | 7.71% | 886 | - | - | 886 | 850 | - | - | 850 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Dollar | 4.88% | 1,408 | 372 | 465 | 2,245 | 1,338 | 336 | 448 | 2,122 | ||||||||||||||||||||||||||||
| Foreign | SQM Australia Pty | Australia | Contract supplier | Australian dollar | 5.55% | 2,017 | 16,343 | - | 18,360 | 2,014 | 16,343 | - | 18,357 | ||||||||||||||||||||||||||||
| Foreign | SQM África Pty | South Africa | Contract supplier | Rand | 9.43% | 1,069 | - | - | 1,069 | 978 | - | - | 978 | ||||||||||||||||||||||||||||
| Foreign | SQM Colombia S.A.S. | Colombia | Contract supplier | Colombian peso | 13.98% | 1,268 | - | - | 1,268 | 1,266 | - | - | 1,266 | ||||||||||||||||||||||||||||
| Foreign | SQM Europe N.V. | Belgium | Contract supplier | Euro | 3.07% | 970 | 1,455 | 525 | 2,950 | 829 | 1,343 | 516 | 2,688 | ||||||||||||||||||||||||||||
| Foreign | SQM Iberian | Spain | Contract supplier | Euro | 3.25% | 61 | - | - | 61 | 61 | - | - | 61 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial Perú S.A.C. | Peru | Contract supplier | Dollar | 8.01% | 70 | - | - | 70 | 70 | - | - | 70 | ||||||||||||||||||||||||||||
| Foreign | Soquimich Comercial Brasil Ltda. | Brazil | Contract supplier | Brazilian real | 2.62% | 18 | - | - | 18 | 17 | - | - | 17 | ||||||||||||||||||||||||||||
| Foreign | SQM India Private Limited | India | Contract supplier | INR | 2.84% | 9 | - | - | 9 | 9 | - | - | 9 | ||||||||||||||||||||||||||||
| Foreign | SQM Japan Co. Ltd. | Japan | Contract supplier | JPY | 2.38% | 7 | - | - | 7 | 7 | - | - | 7 | ||||||||||||||||||||||||||||
| Foreign | SQM Shanghái Industrial Co | China | Contract supplier | CNY | 2.46% | 191 | - | - | 191 | 186 | - | - | 186 | ||||||||||||||||||||||||||||
| Foreign | SQM Japan Lithium | Japan | Contract supplier | JPY | 2.18% | 22 | - | - | 22 | 22 | - | - | 22 | ||||||||||||||||||||||||||||
| Foreign | SQM Shanghái Chemicals | China | Contract supplier | CNY | 2.23% | 159 | 344 | - | 803 | 446 | 342 | - | 788 | ||||||||||||||||||||||||||||
| Total | 31,657 | 26,586 | 1,016 | 59,259 | 30,036 | 26,226 | 987 | 57,249 | |||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Debtor | Creditor | Currency | Effective rate | Nominal amounts as of December 31, 2024 | Amounts at amortized cost as of December 31, 2024 | ||||||||||||||||||||||||||||||||||||
| Tax ID No. | Company | Country | Supplier | 1-2 Years | 2-3 Years | 3-4 Years | Total | 1-2 Years | 2-3 Years | 3-4 Years | Total | ||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | Peso | 3.42% | 17,661 | 5,100 | - | 22,761 | 16,676 | 4,968 | - | 21,644 | ||||||||||||||||||||||||||||
| 79.626.800-K | SQM Salar SpA | Chile | Contract supplier | UF | 2.39% | 1,565 | 308 | - | 1,873 | 1,505 | 306 | - | 1,811 | ||||||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | Peso | 6.02% | 37 | - | - | 37 | 36 | - | - | 36 | ||||||||||||||||||||||||||||
| 79.947.100-0 | SQM Industrial S.A. | Chile | Contract supplier | UF | 3.10% | 3,730 | 4,040 | - | 7,770 | 3,382 | 3,905 | - | 7,287 | ||||||||||||||||||||||||||||
| 79.768.170-9 | Soquimich Comercial S.A. | Chile | Contract supplier | UF | 4.23% | 1,650 | 362 | - | 2,012 | 1,574 | 357 | - | 1,931 | ||||||||||||||||||||||||||||
| 76.359.919-1 | Orcoma SpA | Chile | Contract supplier | Peso | 6.80% | 18 | 26 | 28 | 72 | 11 | 19 | 25 | 55 | ||||||||||||||||||||||||||||
| Foreign | SQM North América Corp. | United States | Contract supplier | Dollar | 5.52% | 562 | 6 | - | 568 | 542 | 6 | - | 548 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Mexican peso | 9.75% | 766 | 574 | - | 1,340 | 663 | 549 | - | 1,212 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial de México S.A. de C.V. | Mexico | Contract supplier | Dollar | 4.46% | 1,521 | - | - | 1,521 | 1,489 | - | - | 1,489 | ||||||||||||||||||||||||||||
| Foreign | SQM Australia Pty | Australia | Contract supplier | Australian dollar | 5.29% | 3,253 | 15,998 | - | 19,251 | 3,249 | 15,998 | - | 19,247 | ||||||||||||||||||||||||||||
| Foreign | SQM África Pty | South Africa | Contract supplier | Rand | 9.43% | 1,222 | - | - | 1,222 | 1,105 | - | - | 1,105 | ||||||||||||||||||||||||||||
| Foreign | SQM Colombia S.A.S. | Colombia | Contract supplier | Colombian peso | 14.83% | 1,200 | - | - | 1,200 | 1,198 | - | - | 1,198 | ||||||||||||||||||||||||||||
| Foreign | SQM Europe N.V. | Belgium | Contract supplier | Euro | 3.07% | 970 | 1,455 | 647 | 3,072 | 823 | 1,332 | 633 | 2,788 | ||||||||||||||||||||||||||||
| Foreign | SQM Iberian | Spain | Contract supplier | Euro | 3.25% | 76 | 16 | - | 92 | 60 | 16 | - | 76 | ||||||||||||||||||||||||||||
| Foreign | SQM Comercial Perú S.A.C. | Peru | Contract supplier | Dollar | 8.01% | 94 | - | - | 94 | 94 | - | - | 94 | ||||||||||||||||||||||||||||
| Foreign | Soquimich Comercial Brasil Ltda. | Brazil | Contract supplier | Brazilian real | 2.62% | 21 | - | - | 21 | 21 | - | - | 21 | ||||||||||||||||||||||||||||
| Foreign | SQM India Private Limited | India | Contract supplier | INR | 2.84% | 18 | - | - | 18 | 18 | - | - | 18 | ||||||||||||||||||||||||||||
| Foreign | SQM Japan Co. Ltd. | Japan | Contract supplier | JPY | 2.38% | 14 | - | - | 14 | 14 | - | - | 14 | ||||||||||||||||||||||||||||
| Foreign | SQM Shanghái Industrial Co | China | Contract supplier | CNY | 2.46% | 231 | - | - | 231 | 227 | - | - | 227 | ||||||||||||||||||||||||||||
| Total | 34,609 | 27,885 | 675 | 63,169 | 32,687 | 27,456 | 658 | 60,801 | |||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | As of March 31, 2025 | ||||||||
| Intangible assets and goodwill | Useful life | Net Value | ||||||
| ThUS$ | ||||||||
| IT programs | Finite | 8,766 | ||||||
| Mining rights | Finite | 132,548 | ||||||
| Water rights and rights of way | Indefinite | 4,909 | ||||||
| Water rights | Finite | 2,844 | ||||||
| Intellectual property | Finite | 13,083 | ||||||
| Other intangible assets | Finite | 3,205 | ||||||
| Intangible assets other than goodwill | 165,355 | |||||||
| Goodwill | Indefinite | 958 | ||||||
| Total Intangible Asset | 166,313 | |||||||
| As of December 31, 2024 | ||||||||
| Intangible assets and goodwill | Useful life | Net Value | ||||||
| ThUS$ | ||||||||
| IT programs | Finite | 8,430 | ||||||
| Mining rights | Finite | 133,119 | ||||||
| Water rights and rights of way | Indefinite | 4,909 | ||||||
| Water rights | Finite | 3,791 | ||||||
| Intellectual property | Finite | 14,761 | ||||||
| Other intangible assets | Finite | 2,958 | ||||||
| Intangible assets other than goodwill | 167,968 | |||||||
| Goodwill | Indefinite | 948 | ||||||
| Total Intangible Asset | 168,916 | |||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Movements in Identifiable intangible assets | IT programs | Mining rights, Finite | Water rights, and rights of way, Indefinite | Water rights | Intellectual property | Other intangible assets | Goodwill | Total | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| At January 1, 2025 | 8,430 | 133,119 | 4,909 | 3,791 | 14,761 | 2,958 | 948 | 168,916 | ||||||||||||||||||
| Additions | 170 | 1 | - | - | - | 284 | - | 455 | ||||||||||||||||||
| Amortization of the year | (578) | (547) | - | (947) | (201) | (132) | - | (2,405) | ||||||||||||||||||
| Impairment losses recognized in income for the period | - | - | - | - | - | - | 10 | 10 | ||||||||||||||||||
| Other increases / decreases for foreign currency exchange rates | 3 | 3,669 | - | - | - | (1) | - | 3,671 | ||||||||||||||||||
| Other increases (decreases) | 741 | (3,694) | - | - | (1,477) | 96 | - | (4,334) | ||||||||||||||||||
| Subtotals | 336 | (571) | - | (947) | (1,678) | 247 | 10 | (2,603) | ||||||||||||||||||
| As of March 31, 2025 | 8,766 | 132,548 | 4,909 | 2,844 | 13,083 | 3,205 | 958 | 166,313 | ||||||||||||||||||
| Historical cost | 44,765 | 162,468 | 7,420 | 18,000 | 16,103 | 5,693 | 4,501 | 258,950 | ||||||||||||||||||
| Accumulated amortization | (35,999) | (29,920) | (2,511) | (15,156) | (3,020) | (2,488) | (3,543) | (92,637) | ||||||||||||||||||
| At January 1, 2024 | 3,190 | 134,924 | 4,909 | 7,580 | 5,201 | 70 | 958 | 156,832 | ||||||||||||||||||
| Additions | 6,700 | - | - | - | 10,130 | 378 | - | 17,208 | ||||||||||||||||||
| Amortization for the year | (1,430) | (1,608) | - | (3,789) | (805) | (126) | - | (7,758) | ||||||||||||||||||
| Impairment losses recognized in income for the year (1) | - | - | - | - | - | - | (10) | (10) | ||||||||||||||||||
| Other increases / decreases for foreign currency exchange rates | (41) | 3,694 | - | - | - | (24) | - | 3,629 | ||||||||||||||||||
| Other increases (decreases) | 11 | (3,891) | - | - | 235 | 2,660 | - | (985) | ||||||||||||||||||
| Subtotals | 5,240 | (1,805) | - | (3,789) | 9,560 | 2,888 | (10) | 12,084 | ||||||||||||||||||
| As of December 31, 2024 | 8,430 | 133,119 | 4,909 | 3,791 | 14,761 | 2,958 | 948 | 168,916 | ||||||||||||||||||
| Historical cost | 43,851 | 162,492 | 7,420 | 18,000 | 17,580 | 5,314 | 4,491 | 259,148 | ||||||||||||||||||
| Accumulated amortization | (35,421) | (29,373) | (2,511) | (14,209) | (2,819) | (2,356) | (3,543) | (90,232) | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Accumulated impairment Movements in identifiable goodwill | Goodwill at the beginning of period January 1, 2025 | Additional recognition | Impairment losses recognized in income for the period (-) | Total increase (decrease) | As of March 31, 2025 | ||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||
| SQM Industrial S.A. | - | - | - | - | - | ||||||||||||
| SQM Iberian S.A. | 138 | 10 | - | 10 | 148 | ||||||||||||
| SQM Investment Corporation | 86 | - | - | - | 86 | ||||||||||||
| SQM Potasio SpA | 724 | - | - | - | 724 | ||||||||||||
| Total Increase (decreases) | 948 | - | - | 10 | 958 | ||||||||||||
| Ending balance | 948 | 10 | - | 10 | 958 | ||||||||||||
| Accumulated impairment Movements in identifiable goodwill | Goodwill at the beginning of period January 1, 2024 | Additional recognition | Impairment losses recognized in income for the period (-) | Total increase (decrease) | As of December 31, 2024 | ||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||
| SQM Iberian S.A. | - | - | - | - | - | ||||||||||||
| SQM Investment Corporation | 148 | - | (10) | (10) | 138 | ||||||||||||
| Soquimich European Holding B.V. (*) | 86 | - | - | - | 86 | ||||||||||||
| SQM Potasio S.A. | 724 | - | - | - | 724 | ||||||||||||
| Total Increase (decreases) | 958 | - | (10) | (10) | 948 | ||||||||||||
| Ending balance | 958 | - | (10) | (10) | 948 | ||||||||||||
Notes to the Consolidated Interim Financial Statements | Description of types of property, plant and equipment | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Property, plant and equipment, net | ||||||||
| Land | 24,698 | 24,698 | ||||||
| Buildings | 333,321 | 340,807 | ||||||
| Other property, plant and equipment | 131,455 | 135,091 | ||||||
| Transport equipment | 7,933 | 8,125 | ||||||
| Supplies and accessories | 4,844 | 4,405 | ||||||
| Office equipment | 1,538 | 1,435 | ||||||
| Network and communication equipment | 1,408 | 1,518 | ||||||
| Mining assets | 157,000 | 162,074 | ||||||
| IT equipment | 5,145 | 5,281 | ||||||
| Energy generating assets | 2,130 | 2,269 | ||||||
| Constructions in progress | 2,117,303 | 1,957,128 | ||||||
| Machinery, plant and equipment | 1,546,985 | 1,634,993 | ||||||
| Total | 4,333,760 | 4,277,824 | ||||||
| Property, plant and equipment, gross | ||||||||
| Land | 24,698 | 24,698 | ||||||
| Buildings | 950,452 | 947,585 | ||||||
| Other property, plant and equipment | 378,888 | 378,013 | ||||||
| Transport equipment | 21,744 | 21,737 | ||||||
| Supplies and accessories | 33,625 | 32,863 | ||||||
| Office equipment | 13,989 | 13,820 | ||||||
| Network and communication equipment | 11,411 | 11,411 | ||||||
| Mining assets | 371,114 | 370,504 | ||||||
| IT equipment | 34,100 | 33,819 | ||||||
| Energy generating assets | 38,929 | 38,929 | ||||||
| Constructions in progress | 2,117,303 | 1,957,128 | ||||||
| Machinery, plant and equipment | 4,808,736 | 4,834,071 | ||||||
| Total | 8,804,989 | 8,664,578 | ||||||
| Accumulated depreciation and value impairment of property, plant and equipment, total | ||||||||
| Accumulated depreciation and impairment of buildings | (617,131) | (606,778) | ||||||
| Accumulated depreciation and impairment of other property, plant and equipment | (247,433) | (242,922) | ||||||
| Accumulated depreciation and impairment of transport equipment | (13,811) | (13,612) | ||||||
| Accumulated depreciation and impairment of supplies and accessories | (28,781) | (28,458) | ||||||
| Accumulated depreciation and impairment of office equipment | (12,451) | (12,385) | ||||||
| Accumulated depreciation and impairment of network and communication equipment | (10,003) | (9,893) | ||||||
| Accumulated depreciation and impairment of mining assets | (214,114) | (208,430) | ||||||
| Accumulated depreciation and impairment of IT equipment | (28,955) | (28,538) | ||||||
| Accumulated depreciation and impairment of energy generating assets | (36,799) | (36,660) | ||||||
| Accumulated depreciation and impairment of machinery, plant and equipment | (3,261,751) | (3,199,078) | ||||||
| Total | (4,471,229) | (4,386,754) | ||||||
Notes to the Consolidated Interim Financial Statements | Description of classes of property, plant and equipment | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Property, plant and equipment, net | ||||||||
| Pumps | 128,967 | 133,863 | ||||||
| Conveyor Belt | 15,077 | 15,622 | ||||||
| Crystallizer | 59,640 | 60,888 | ||||||
| Plant Equipment | 320,378 | 332,127 | ||||||
| Tanks | 61,100 | 62,657 | ||||||
| Filter | 77,234 | 79,456 | ||||||
| Electrical equipment/facilities | 144,933 | 149,728 | ||||||
| Other Property, Plant & Equipment | 301,816 | 326,923 | ||||||
| Site Closure | 34,704 | 34,828 | ||||||
| Piping | 201,020 | 207,595 | ||||||
| Well | 161,468 | 167,942 | ||||||
| Pond | 36,409 | 36,627 | ||||||
| Spare Parts (1) | 4,239 | 26,737 | ||||||
| Total | 1,546,985 | 1,634,993 | ||||||
Notes to the Consolidated Interim Financial Statements | Reconciliation of changes in property, plant and equipment by class | Land | Buildings | Other property, plant and equipment | Transport equipment | Supplies and accessories | Equipment office | Network and communication equipment | Mining assets | IT equipment | Energy generating assets | Assets under construction | Machinery, plant and equipment | Total | ||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||
| Equity at January 1, 2025 | 24,698 | 340,807 | 135,091 | 8,125 | 4,405 | 1,435 | 1,518 | 162,074 | 5,281 | 2,269 | 1,957,128 | 1,634,993 | 4,277,824 | ||||||||||||||||||||||||||||
| Additions | - | 352 | 288 | - | 117 | 157 | - | - | 222 | - | 158,069 | 647 | 159,852 | ||||||||||||||||||||||||||||
| Disposals | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||
| Depreciation for the year | - | (9,799) | (4,493) | (198) | (268) | (66) | (110) | (5,684) | (396) | (139) | - | (67,968) | (89,121) | ||||||||||||||||||||||||||||
| Impairment | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||
| Increase (decrease) in foreign currency translation difference | - | 1,861 | - | - | 391 | - | - | - | 2 | - | (76) | (1,579) | 599 | ||||||||||||||||||||||||||||
| Reclassifications | - | 104 | 526 | 6 | 199 | - | - | 610 | 18 | - | (4,191) | 2,728 | - | ||||||||||||||||||||||||||||
| Other increases (decreases) (1) | - | (4) | 43 | - | - | 12 | - | - | 18 | - | 6,373 | (21,836) | (15,394) | ||||||||||||||||||||||||||||
| Decreases for classification as held for sale | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||
| Subtotal | - | 7,486 | (3,636) | (192) | 439 | 103 | (110) | (5,074) | (136) | (139) | 160,175 | (88,008) | 55,936 | ||||||||||||||||||||||||||||
| Equity as of March 31, 2025 | 24,698 | 333,321 | 131,455 | 7,933 | 4,844 | 1,538 | 1,408 | 157,000 | 5,145 | 2,130 | 2,117,303 | 1,546,985 | 4,433,760 | ||||||||||||||||||||||||||||
| Historical cost | 24,698 | 950,452 | 378,888 | 21,744 | 33,625 | 13,989 | 11,411 | 371,114 | 34,100 | 38,929 | 2,117,303 | 4,808,736 | 8,804,989 | ||||||||||||||||||||||||||||
| Accumulated depreciation | - | (617,131) | (247,433) | (13,811) | (28,781) | (12,451) | (10,003) | (214,114) | (28,955) | (36,799) | - | (3,261,751) | (4,471,229) | ||||||||||||||||||||||||||||
| Equity at January 1, 2024 | 23,481 | 285,487 | 62,739 | 9,165 | 4,139 | 1,158 | 1,605 | 154,715 | 2,092 | 2,893 | 1,834,041 | 1,228,422 | 3,609,937 | ||||||||||||||||||||||||||||
| Additions | - | 9,831 | 21,109 | - | 99 | 230 | 3 | 6,723 | 2,432 | - | 770,525 | 174,142 | 985,094 | ||||||||||||||||||||||||||||
| Disposals | - | - | - | (135) | - | - | - | - | - | - | - | - | (135) | ||||||||||||||||||||||||||||
| Depreciation for the year | - | (40,570) | (14,781) | (905) | (1,510) | (291) | (582) | (21,308) | (2,261) | (625) | - | (229,168) | (312,001) | ||||||||||||||||||||||||||||
| Impairment | - | - | - | - | - | - | - | - | - | - | - | (10,759) | (10,759) | ||||||||||||||||||||||||||||
| Increase (decrease) in foreign currency translation difference | - | (180) | (1) | - | (3) | - | - | - | (1) | - | (305) | (646) | (1,136) | ||||||||||||||||||||||||||||
| Reclassifications | (116) | 58,986 | 65,361 | - | 1,314 | 278 | 489 | 21,944 | 3,231 | - | (662,051) | 354,743 | (155,821) | ||||||||||||||||||||||||||||
| Other increases (decreases) (1) | 1,333 | 27,253 | 664 | - | 366 | 60 | 3 | - | (212) | 1 | 14,918 | 118,259 | 162,645 | ||||||||||||||||||||||||||||
| Decreases for classification as held for sale | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||
| Subtotal | 1,217 | 55,320 | 72,352 | (1,040) | 266 | 277 | (87) | 7,359 | 3,189 | (624) | 123,087 | 406,571 | 667,887 | ||||||||||||||||||||||||||||
| Equity as of December 31, 2024 | 24,698 | 340,807 | 135,091 | 8,125 | 4,405 | 1,435 | 1,518 | 162,074 | 5,281 | 2,269 | 1,957,128 | 1,634,993 | 4,277,824 | ||||||||||||||||||||||||||||
| Historical cost | 24,698 | 947,585 | 378,013 | 21,737 | 32,863 | 13,820 | 11,411 | 370,504 | 33,819 | 38,929 | 1,957,128 | 4,834,071 | 8,664,578 | ||||||||||||||||||||||||||||
| Accumulated depreciation | - | (606,778) | (242,922) | (13,612) | (28,458) | (12,385) | (9,893) | (208,430) | (28,538) | (36,660) | - | (3,199,078) | (4,386,754) | ||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Capitalized interest costs | March 31, 2025 | March 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Weighted average capitalization rate of capitalized interest costs | 5 | % | 5 | % | ||||
| Amount of interest costs capitalized in the period ThUS$ | 16,655 | 16,558 | ||||||
Notes to the Consolidated Interim Financial Statements | Other non-financial assets, current | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Domestic Value Added Tax | 35,123 | 125,963 | ||||||
| Foreign Value Added Tax | 33,533 | 26,315 | ||||||
| Prepaid mining licenses | 41,104 | 3,326 | ||||||
| Prepaid insurance | 14,705 | 12,589 | ||||||
| Other prepayments | 2,089 | 1,391 | ||||||
| Reimbursement of Value Added Tax to exporters | 1,354 | 24,601 | ||||||
| Other taxes | 4,980 | 4,189 | ||||||
| Other assets | 2,037 | 2,331 | ||||||
| Total | 134,925 | 200,705 | ||||||
| Other non-financial assets, non-current | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Exploration and evaluation expenses | 67,073 | 65,510 | ||||||
| Guarantee deposits | 1,011 | 942 | ||||||
| Foreign VAT (1) | 281,321 | 289,921 | ||||||
| Other non-current assets | 7,184 | 7,793 | ||||||
| Total | 356,589 | 364,166 | ||||||
| Conciliation | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Opening balance | 65,510 | 57,458 | ||||||
| Changes | ||||||||
| Additions | 1,284 | 10,701 | ||||||
| Reclassifications from/to short-term (inventory) | 473 | (197) | ||||||
| Amortization of ground studies | (194) | (733) | ||||||
| Reclassification from construction in progress | - | (1,719) | ||||||
| Total changes | 1,563 | 8,052 | ||||||
| Ending balance (*) | 67,073 | 65,510 | ||||||
Notes to the Consolidated Interim Financial Statements | Prospecting | Type of Exploration | As of March 31, 2025 | As of December 31, 2024 | ||||||||
| ThUS$ | ThUS$ | ||||||||||
| Chile (1) | Metallic/Non-Metallic | 61,110 | 59,826 | ||||||||
| Total | 61,110 | 59,826 | |||||||||
| Prospecting conciliation | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Opening balance | 59,826 | 50,844 | ||||||
| Additions | 1,284 | 10,701 | ||||||
| Reclassifications from Exploration in execution - Chile | - | (1,719) | ||||||
| Reclassifications to Exploration in Exploitation - Chile | - | - | ||||||
| Total changes | 1,284 | 8,982 | ||||||
| Total | 61,110 | 59,826 | ||||||
Notes to the Consolidated Interim Financial Statements | Short-term exploitation reconciliation | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Opening balance | 848 | 651 | ||||||
| Amortization of ground studies | - | - | ||||||
| Reclassifications from/to short term (inventories) | (473) | 197 | ||||||
| Total changes | (473) | 197 | ||||||
| Total | 375 | 848 | ||||||
| Long-term exploitation reconciliation | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Opening balance | 5,684 | 6,614 | ||||||
| Amortization of ground studies | (194) | (733) | ||||||
| reclassifications from/to short term (inventories) | 473 | (197) | ||||||
| Total changes | 279 | (930) | ||||||
| Total | 5,963 | 5,684 | ||||||
| Classes of benefits and expenses by employee | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Current | ||||||||
| Performance bonds and operational targets | 14,667 | 31,546 | ||||||
| Total | 14,667 | 31,546 | ||||||
| Non-current | ||||||||
| Profit sharing and bonuses | 30,976 | 26,970 | ||||||
| Severance indemnity payments | 40,898 | 38,637 | ||||||
| Total | 71,874 | 65,607 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Staff severance indemnities | As of March 31, 2025 | As of December 31, 2024 | ||||||
ThUS$ | ThUS$ | |||||||
| Opening balance | (38,637) | (43,578) | ||||||
| Current cost of service | (796) | (1,889) | ||||||
| Interest cost | (747) | (2,549) | ||||||
| Actuarial gain loss | 373 | 3,149 | ||||||
| Exchange rate difference | (1,697) | 5,039 | ||||||
| Benefits paid during the year | 606 | 1,191 | ||||||
| Total | (40,898) | (38,637) | ||||||
| Actuarial assumptions | As of March 31, 2025 | As of December 31, 2024 | Annual/Years | ||||||||
| Mortality rate | RV–2020/CB–2020 | RV – 2020/CB-2020 | |||||||||
| Discount interest rate | 5.74 | % | 5.75 | % | |||||||
| Inflation rate | 3.00 | % | 3.00 | % | |||||||
| Voluntary retirement rate: | |||||||||||
| Men | 3.82 | % | 3.82 | % | Annual | ||||||
| Women | 3.82 | % | 3.82 | % | Annual | ||||||
| Salary increase | 4.01 | % | 4.01 | % | Annual | ||||||
| Retirement age: | |||||||||||
| Men | 65 | 65 | Years | ||||||||
| Women | 60 | 60 | Years | ||||||||
Notes to the Consolidated Interim Financial Statements | Sensitivity analysis as of March 31, 2025 | Effect + 100 basis points | Effect - 100 basis points | ||||||
| ThUS$ | ThUS$ | |||||||
| Discount rate | (2,459) | 2,768 | ||||||
| Employee turnover rate | (323) | 361 | ||||||
| Sensitivity analysis as of December 31, 2024 | Effect + 100 basis points | Effect - 100 basis points | ||||||
| ThUS$ | ThUS$ | |||||||
| Discount rate | (2,352) | 2,647 | ||||||
| Employee turnover rate | (309) | 345 | ||||||
Notes to the Consolidated Interim Financial Statements | Types of provisions | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||||||||
| Current | Non-current | Total | Current | Non-current | Total | |||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Provision for legal complaints (1) | 6,909 | 115 | 7,024 | 8,957 | 106 | 9,063 | ||||||||||||||
| Provision for dismantling, restoration and rehabilitation cost (2) | - | 57,388 | 57,388 | - | 53,011 | 53,011 | ||||||||||||||
| Other provisions current (3) | 286,572 | 884 | 287,456 | 302,240 | 200 | 302,440 | ||||||||||||||
| Total | 293,481 | 58,387 | 351,868 | 311,197 | 53,317 | 364,514 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Current provisions, other short-term provisions | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Rent under lease contract (1) | 263,377 | 265,054 | ||||||
| Provision for additional tax related to foreign loans | 2,094 | 2,602 | ||||||
| End of agreement bonus | 1,595 | 5,279 | ||||||
| Other bonuses to workers | 746 | 7,701 | ||||||
| Other bonuses, general staff | 805 | 2,912 | ||||||
| Directors’ per diem allowance | 5,919 | 5,143 | ||||||
| Miscellaneous provisions | 12,036 | 13,549 | ||||||
| Total | 286,572 | 302,240 | ||||||
Notes to the Consolidated Interim Financial Statements | Price US$/MT Li2CO3 | Lease rental rate | ||||
| $0 - $4,000 | 6.8% | ||||
| $4,000 - $5,000 | 8.0% | ||||
| $5,000 - $6,000 | 10.0% | ||||
| $6,000 - $7,000 | 17.0% | ||||
| $7,000 - $10,000 | 25.0% | ||||
| > $10,000 | 40.0% | ||||
| Price US$/MT LiOH | Lease rental rate | ||||
| $0 - $5,000 | 6.8% | ||||
| Over $5,000 - $6,000 | 8.0% | ||||
| Over $6,000 - $7,000 | 10.0% | ||||
| Over $7,000 - $10,000 | 17.0% | ||||
| Over $10,000 - $12,000 | 25.0% | ||||
| Over $12,000 | 40.0% | ||||
| Price US$/MT KCl | Lease rental rate | ||||
| $0 - $300 | 3.0% | ||||
Over $300 - $400 | 7.0% | ||||
Over $400 - $500 | 10.0% | ||||
Over $500 - $600 | 15.0% | ||||
Over $600 | 20.0% | ||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Description of items that gave rise to changes as of March 31, 2025 | Legal complaints | Provision for dismantling, restoration and rehabilitation cost | Other provisions | Total | ||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||
| Total provisions, initial balance | 9,063 | 53,011 | 302,440 | 364,514 | ||||||||||
| Changes | ||||||||||||||
| Additional provisions | 363 | 4,377 | 76,589 | 81,329 | ||||||||||
| Provision used | (2,411) | - | (91,201) | (93,612) | ||||||||||
| Increase (decrease) in foreign currency exchange | 9 | - | 105 | 114 | ||||||||||
| Others | - | - | (477) | (477) | ||||||||||
| Total Increase (decreases) | (2,039) | 4,377 | (14,984) | (12,646) | ||||||||||
| Total | 7,024 | 57,388 | 287,456 | 351,868 | ||||||||||
Description of items that gave rise to changes as of December 31, 2024 | Legal complaints | Provision for dismantling, restoration and rehabilitation cost | Other provisions | Total | ||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||
| Total provisions, initial balance | 1,301 | 58,459 | 393,012 | 452,772 | ||||||||||
| Changes | ||||||||||||||
| Additional provisions | 17,333 | - | 504,995 | 522,328 | ||||||||||
| Provision used | - | - | (570,187) | (570,187) | ||||||||||
| Increase (decrease) in foreign currency exchange | 134 | - | (352) | (218) | ||||||||||
| Others | (9,705) | (5,448) | (25,028) | (40,181) | ||||||||||
| Total Increase (decreases) | 7,762 | (5,448) | (90,572) | (88,258) | ||||||||||
| Total | 9,063 | 53,011 | 302,440 | 364,514 | ||||||||||
Notes to the Consolidated Interim Financial Statements | Description of other liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Tax withholdings | 9,320 | 2,995 | ||||||
| Other non-income taxes payable | 788 | 710 | ||||||
| VAT payable | 28,357 | 51,420 | ||||||
| Guarantees received | 1,021 | 1,021 | ||||||
| Accrual for dividend | 46,919 | 5,909 | ||||||
| Monthly provisional tax payables | 16,016 | 17,003 | ||||||
| Deferred income (1) | 16,129 | 4,657 | ||||||
| Withholdings from employees and salaries payable | 12,640 | 9,175 | ||||||
| Accrued vacations | 33,279 | 34,796 | ||||||
| Other current liabilities | 498 | 353 | ||||||
| Total | 164,967 | 128,039 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Capital Management | As of March 31, 2025 | As of December 31, 2024 | Description (1) | Calculation (1) | ||||||||||
Net Financial Debt/cash (ThUS$) | 2,300,562 | 2,303,673 | Financial Debt – Financial Resources | Other current Financial Liabilities + Other Non-Current Financial Liabilities – Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current | ||||||||||
| Liquidity | 2.88 | 2.51 | Current Assets divided by Current Liabilities | Total Current Assets / Total Current Liabilities | ||||||||||
| ROE | 11.51 | % | (7.65) | % | Net income for the year divided by Total Equity | Net income for the year / Equity | ||||||||
| Adjusted EBITDA (ThUS$) | 359,624 | 1,483,571 | Adjusted EBITDA | EBITDA – Other income – Other gains (losses) - Share of Profit of associates and joint ventures accounted for using the equity method + Other expenses by function + Net impairment gains on reversal (losses) of financial assets – Finance income – Currency differences, | ||||||||||
| EBITDA (ThUS$) | 363,965 | 1,514,382 | EBITDA | Net income + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax | ||||||||||
| ROA | 12.65 | % | 13.60 | % | Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments | (Gross Profit – Administrative Expenses) / (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) | ||||||||
| Indebtedness | 0.43 | 0.44 | Net Financial Debt on Equity | Net Financial Debt / Total Equity | ||||||||||
Notes to the Consolidated Interim Financial Statements As of March 31, 2025 | Financial restrictions | |||||||||||||
| Financial restrictions | Financial restrictions | Financial restrictions | Financial restrictions | |||||||||||
| Instrument with restriction | Bonds | Bonds | Bonds | Bank loans | ||||||||||
| Reporting party or subsidiary restriction | ||||||||||||||
| Creditor | Bondholders | Bondholders | Bondholders | Scotiabank | ||||||||||
| Registration number | H | Q | O | PB 70M | ||||||||||
| Name of financial indicator or ratio (See definition in Note 20.1) | NFD/Equity | NFD/Equity | NFD/Equity | NFD/Equity | ||||||||||
| Measurement frequency | Quarterly | Quarterly | Quarterly | Quarterly | ||||||||||
| Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.00 | Must be less than 1.00 | Must be less than 1.00 | ||||||||||
| Indicator or ratio determined by the company | 0.43 | 0.43 | 0.43 | 0.43 | ||||||||||
| Fulfilled YES/NO | yes | yes | yes | yes | ||||||||||
As of December 31, 2024 | Financial restrictions | |||||||||||||
| Financial restrictions | Financial restrictions | Financial restrictions | Financial restrictions | |||||||||||
| Instrument with restriction | Bonds | Bonds | Bonds | Bank loans | ||||||||||
| Reporting party or subsidiary restriction | ||||||||||||||
| Creditor | Bondholders | Bondholders | Bondholders | Scotiabank | ||||||||||
| Registration number | H | Q | O | PB 70M | ||||||||||
| Name of financial indicator or ratio (See definition in Note 20,1) | NFD/Equity | NFD/Equity | NFD/Equity | NFD/Equity | ||||||||||
| Measurement frequency | Quarterly | Quarterly | Quarterly | Quarterly | ||||||||||
| Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.00 | Must be less than 1.00 | Must be less than 1.00 | ||||||||||
| Indicator or ratio determined by the company | 0.44 | 0.44 | 0.44 | 0.44 | ||||||||||
| Fulfilled YES/NO | yes | yes | yes | yes | ||||||||||
Notes to the Consolidated Interim Financial Statements | Type of capital in preferred shares | As of March 31, 2025 | As of December 31, 2024 | ||||||||||||
| Series A | Series B | Series A | Series B | |||||||||||
| Description of type of capital in shares | ||||||||||||||
| Number of authorized shares | 142,818,904 | 142,818,904 | 142,819,552 | 142,818,904 | ||||||||||
| Number of fully subscribed and paid shares | 142,818,904 | 142,818,904 | 142,819,552 | 142,818,904 | ||||||||||
| Number of subscribed partially paid shares | - | - | - | - | ||||||||||
| Increase (decrease) in the number of current shares | - | - | - | - | ||||||||||
| Number of outstanding shares | 142,818,904 | 142,818,904 | 142,818,904 | 142,818,904 | ||||||||||
| Number of shares owned by the Company or its subsidiaries or associates | - | - | - | - | ||||||||||
| Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares | - | - | - | - | ||||||||||
| Capital amount in shares ThUS$ | 134,730 | 1,442,893 | 134,730 | 1,442,893 | ||||||||||
| Total number of subscribed shares | 142,818,904 | 142,818,904 | 142,818,904 | 142,818,904 | ||||||||||
Notes to the Consolidated Interim Financial Statements | Disclosure of reserves within shareholders' equity | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Reserve for currency exchange conversion (1) | (37,748) | (38,024) | ||||||
| Reserve for cash flow hedges (2) | 2,232 | 7,314 | ||||||
| Reserve for gains and losses from financial assets measured at fair value through other comprehensive income (3) | (4,757) | (5,702) | ||||||
| Reserve for actuarial gains or losses in defined benefit plans (4) | (10,903) | (11,179) | ||||||
| Other reserves | 10,188 | 10,175 | ||||||
| Total | (40,988) | (37,416) | ||||||
Notes to the Consolidated Interim Financial Statements | Movements | Foreign currency translation difference (1) | Reserve for cash flow hedges | Reserve for actuarial gains and losses from defined benefit plans | Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | Other reserves | Total reserves | |||||||||||||||||||||||||||||
Before taxes | Before taxes | Tax | Before taxes | Deferred taxes | Before Taxes | Deferred taxes | Before taxes | Reserves | Deferred taxes | Total reserves | |||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||
| As of January 1, 2024 | (4,921) | (1,275) | 345 | (17,991) | 4,537 | 175,428 | (53,134) | 11,881 | 163,122 | (48,252) | 114,870 | ||||||||||||||||||||||||
| Movement of reserves | (33,103) | 2,520 | - | 3,137 | - | (183,289) | - | (1,706) | (212,441) | - | (212,441) | ||||||||||||||||||||||||
| Impact to Income statement | - | 8,773 | - | - | - | - | - | - | 8,773 | - | 8,773 | ||||||||||||||||||||||||
| Income taxes | - | - | (3,049) | - | (862) | - | 55,293 | - | - | 51,382 | 51,382 | ||||||||||||||||||||||||
| As of December 31, 2024 | (38,024) | 10,018 | (2,704) | (14,854) | 3,675 | (7,861) | 2,159 | 10,175 | (40,546) | 3,130 | (37,416) | ||||||||||||||||||||||||
| Movement of reserves | 276 | 2,986 | - | 420 | - | 1,295 | - | 13 | 4,990 | - | 4,990 | ||||||||||||||||||||||||
| Impact to Income statement | - | (9,948) | - | - | - | - | - | - | (9,948) | - | (9,948) | ||||||||||||||||||||||||
| Income taxes | - | - | 1,880 | - | (144) | - | (350) | - | - | 1,386 | 1,386 | ||||||||||||||||||||||||
| Balances as of March 31, 2025 | (37,748) | 3,056 | (824) | (14,434) | 3,531 | (6,566) | 1,809 | 10,188 | (45,504) | 4,516 | (40,988) | ||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Subsidiary – Associate – Joint ventures | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| SQM Iberian S.A. | 9,464 | 9,464 | ||||||
| SQM Europe NV | 354 | 354 | ||||||
| Soquimich European holding B.V. | 828 | 828 | ||||||
| Soquimich Comercial S.A. | (393) | (393) | ||||||
| SQM Vitas Fzco. | 85 | 85 | ||||||
| Pavoni & C. SpA | 7 | 7 | ||||||
| SAS Adionics | - | - | ||||||
| SQM Australia Pty Ltd | 100 | 87 | ||||||
| Other | (701) | (701) | ||||||
| SQM Iberian S.A. | (1,677) | (1,677) | ||||||
| Orcoma Estudios SpA | 2,121 | 2,121 | ||||||
| Total Other reserves | 10,188 | 10,175 | ||||||
Notes to the Consolidated Interim Financial Statements | Dividends | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Interim dividend | - | - | ||||||
| Final dividend | - | - | ||||||
| Dividend according to policy | 41,259 | - | ||||||
| Owners of the Parent | 41,259 | - | ||||||
| Dividend eventual | - | - | ||||||
| Dividend according to policy | 363 | 5,909 | ||||||
| Non-controlling interests | 363 | 5,909 | ||||||
| Dividends discounted from equity for the period | 41,622 | 5,909 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | For the period ended March 31, 2025 | |||||||||||||||||||||||
| Geographic areas | Specialty plant nutrition | Iodine and derivatives | Lithium and derivatives | Potassium | Industrial chemicals | Other | Total ThUS$ | ||||||||||||||||
| Chile | 16,209 | 890 | 48 | 2,075 | 385 | 2,800 | 22,407 | ||||||||||||||||
| Latin America and the Caribbean | 31,192 | 6,188 | 965 | 10,428 | 2,355 | 1,027 | 52,155 | ||||||||||||||||
| Europe | 40,886 | 94,783 | 11,232 | 7,896 | 3,864 | 88 | 158,749 | ||||||||||||||||
| North America | 93,470 | 39,419 | 15,221 | 16,658 | 10,700 | 973 | 176,441 | ||||||||||||||||
| Asia and Others | 30,469 | 113,688 | 475,432 | 5,472 | 1,529 | 288 | 626,878 | ||||||||||||||||
| Total | 212,226 | 254,968 | 502,898 | 42,529 | 18,833 | 5,176 | 1,036,630 | ||||||||||||||||
| For the period ended March 31, 2024 | |||||||||||||||||||||||
| Geographic areas | Specialty plant nutrition | Iodine and derivatives | Lithium and derivatives | Potassium | Industrial chemicals | Other | Total ThUS$ | ||||||||||||||||
| Chile | 14,274 | 408 | - | 3,823 | 340 | 3,360 | 22,205 | ||||||||||||||||
| Latin America and the Caribbean | 21,566 | 5,710 | 609 | 22,175 | 1,771 | 21 | 51,852 | ||||||||||||||||
| Europe | 33,869 | 101,619 | 35,499 | 13,785 | 6,404 | 140 | 191,316 | ||||||||||||||||
| North America | 89,073 | 38,478 | 13,275 | 15,335 | 11,690 | 158 | 168,009 | ||||||||||||||||
| Asia and Others | 48,969 | 93,887 | 498,014 | 8,517 | 1,645 | 103 | 651,135 | ||||||||||||||||
| Total | 207,751 | 240,102 | 547,397 | 63,635 | 21,850 | 3,782 | 1,084,517 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Products and Services | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Specialty plant nutrition | 212,226 | 207,751 | ||||||
| - Sodium Nitrates | 2,593 | 10,042 | ||||||
| - Potassium nitrate and sodium potassium nitrate | 115,630 | 119,709 | ||||||
| - Specialty Blends | 52,652 | 43,227 | ||||||
| - Other specialty fertilizers | 41,351 | 34,773 | ||||||
| Iodine and derivatives | 254,968 | 240,102 | ||||||
| Lithium and derivatives | 502,898 | 547,397 | ||||||
| Potassium | 42,529 | 63,635 | ||||||
| Industrial chemicals | 18,833 | 21,850 | ||||||
| Other | 5,176 | 3,782 | ||||||
| Total | 1,036,630 | 1,084,517 | ||||||
| Nature of expense | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Raw materials and consumables used | (248,317) | (247,315) | ||||||
| Classes of employee benefit expenses | (79,596) | (61,864) | ||||||
| Depreciation expense | (89,121) | (68,296) | ||||||
| Depreciation of Right-of-use Assets (IFRS 16) | (5,200) | (3,626) | ||||||
| Amortization expense | (2,289) | (2,068) | ||||||
| Investment plan expenses | (10,578) | (10,440) | ||||||
| Provision for materials, spare parts and supplies | (472) | 1,412 | ||||||
| Contractors | (79,475) | (58,419) | ||||||
| Operating leases | (21,876) | (20,419) | ||||||
| Mining patents | (6,626) | (3,145) | ||||||
| Operational transportation | (26,916) | (19,242) | ||||||
| Freight / product transportation costs | (54,263) | (59,211) | ||||||
| Insurance | (7,150) | (10,626) | ||||||
| Corfo rights and other agreements | (72,410) | (118,857) | ||||||
| Expenses related to variable lease payments (contracts under IFRS 16) | (856) | (1,535) | ||||||
| Variation in gross inventory | 5,309 | (39,369) | ||||||
| Variation in inventory provision | (7,292) | 21,541 | ||||||
| Other | (24,818) | (14,509) | ||||||
| Total | (731,946) | (715,988) | ||||||
Notes to the Consolidated Interim Financial Statements | Other income | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Discounts obtained from suppliers | 421 | 491 | ||||||
| Fines charged to suppliers | 37 | (15) | ||||||
| Amounts recovered from insurance | 3 | 53 | ||||||
| Overestimate of provisions for third-party obligations | 332 | 153 | ||||||
| Sales of materials, spare parts and supplies | 8 | 273 | ||||||
| Options on mining properties | 45 | 29 | ||||||
| Government Grants (1) | 17 | - | ||||||
| Others | 471 | 307 | ||||||
| Total | 1,334 | 1,291 | ||||||
| Administrative expenses | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Employee benefit expenses | (23,314) | (17,414) | ||||||
| Marketing costs | (1,768) | (1,699) | ||||||
| Amortization expenses | (116) | (116) | ||||||
| Entertainment expenses | (1,082) | (1,166) | ||||||
| Advisory services | (4,947) | (4,952) | ||||||
| Lease of buildings and facilities | (548) | (316) | ||||||
| Insurance | (1,113) | (776) | ||||||
| Office expenses | (2,905) | (3,549) | ||||||
| Contractors | (1,936) | (2,456) | ||||||
| Depreciation of Right-of-use Assets (contracts under IFRS 16) | (1,484) | (1,137) | ||||||
| Other expenses | (4,155) | (4,740) | ||||||
| Total | (43,368) | (38,321) | ||||||
Notes to the Consolidated Interim Financial Statements | Other expenses | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Impairment losses / reversals of impairment losses recognized in income for the year | ||||||||
| Properties, plant and equipment | - | (9,918) | ||||||
| Goodwill | - | - | ||||||
| Impairment of materials, spare parts, and supplies | - | - | ||||||
| Subtotal | - | (9,918) | ||||||
| Other expenses, by nature | ||||||||
| Legal expenses | (3,670) | (2,428) | ||||||
| VAT and other unrecoverable taxes | (342) | (401) | ||||||
| Fines paid | (171) | (79) | ||||||
| Investment plan expenses | (3,240) | (1,667) | ||||||
| Other organizational expenses in companies | (54) | - | ||||||
Contributions and donations | (1,445) | (1,753) | ||||||
| Local contract expenses | (6,241) | (1,340) | ||||||
| Other operating expenses | (1,416) | 1,385 | ||||||
| Subtotal | (16,579) | (6,283) | ||||||
| Total | (16,579) | (16,201) | ||||||
| Other losses | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Adjustment to prior periods due to applying the equity method | (183) | 54 | ||||||
| Impairment of investments in associates | 10 | - | ||||||
| Sales of investments in joint ventures | - | (4,075) | ||||||
| Others | (935) | 1,985 | ||||||
| Totals | (1,108) | (2,036) | ||||||
(Impairment) reversal of value of financial assets | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
(Impairment) reversal of value of financial assets (See Note 13.2) | (28) | 576 | ||||||
| Total | (28) | 576 | ||||||
Notes to the Consolidated Interim Financial Statements | Expenses by nature | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Raw materials and consumables | (248,317) | (247,315) | ||||||
| Employee benefit expenses | (102,910) | (79,278) | ||||||
| Depreciation expense | (89,121) | (68,296) | ||||||
| Depreciation of right-of-use assets | (6,684) | (4,763) | ||||||
| Impairment of properties, plant and equipment, intangible and Goodwill | - | (9,918) | ||||||
| Amortization expense | (2,405) | (2,184) | ||||||
| Legal and judicial expenses | (3,670) | (2,428) | ||||||
| Investment plan expenses | (13,818) | (12,107) | ||||||
| Provision for materials, spare parts and supplies | (472) | 1,412 | ||||||
| Contractors | (87,652) | (62,215) | ||||||
Operational leases | (22,424) | (20,735) | ||||||
| Mining patents | (6,626) | (3,145) | ||||||
| Operational transportation | (26,916) | (19,242) | ||||||
| Freight and product transportation costs | (54,263) | (59,211) | ||||||
| Corfo rights and other agreements | (73,855) | (120,610) | ||||||
| Expenses related to variable lease payments (contracts under IFRS 16) | (856) | (1,535) | ||||||
| Insurance | (8,263) | (11,402) | ||||||
| Consultant and advisor services | (4,947) | (4,952) | ||||||
| Variation in gross inventory | 5,309 | (39,369) | ||||||
| Variation in inventory provision | (7,292) | 21,541 | ||||||
| Other expenses | (36,711) | (24,758) | ||||||
| Total expenses by nature | (791,893) | (770,510) | ||||||
| Finance expenses | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Interest expense from bank borrowings and overdrafts | (1,811) | (1,212) | ||||||
| Interest expense from bonds | (45,802) | (37,015) | ||||||
| Interest expense from loans | (15,849) | (23,234) | ||||||
| Reversal of capitalized interest expenses | 16,655 | 16,558 | ||||||
| Financial expenses for restoration and rehabilitation provisions | (3,833) | 1,617 | ||||||
| Interest on lease agreement | (767) | (578) | ||||||
| Other finance costs | (2,532) | (2,975) | ||||||
| Total | (53,939) | (46,839) | ||||||
Notes to the Consolidated Interim Financial Statements | Finance income | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Interest from term deposits | 11,986 | 16,081 | ||||||
| Interest from marketable securities | 1,499 | 5,541 | ||||||
| Interest from maintenance of minimum bank balance in current account | 407 | 844 | ||||||
| Other finance interests | 5,635 | 3,719 | ||||||
| Other finance income | 133 | 135 | ||||||
| Total | 19,660 | 26,320 | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Operating segment items for as of March 31, 2025 | Specialty plant nutrients | Iodine and its derivatives | Lithium and its derivatives | Industrial chemicals | Potassium | Other products and services | Operating segments | Unallocated amounts | Total as of and for the period ended March 31, 2025 | ||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||
| Revenue | 212,226 | 254,968 | 502,898 | 18,833 | 42,529 | 5,176 | 1,036,630 | - | 1,036,630 | ||||||||||||||||||||
| Revenues from transactions with other operating segments of the same entity | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Revenues from external customers and transactions with other operating segments of the same entity | 212,226 | 254,968 | 502,898 | 18,833 | 42,529 | 5,176 | 1,036,630 | - | 1,036,630 | ||||||||||||||||||||
| Costs of sales | (175,032) | (114,368) | (389,577) | (10,960) | (37,773) | (4,236) | (731,946) | - | (731,946) | ||||||||||||||||||||
| Administrative expenses | - | - | - | - | - | - | - | (43,368) | (43,368) | ||||||||||||||||||||
| Finance expense | - | - | - | - | - | - | - | (53,939) | (53,939) | ||||||||||||||||||||
| Depreciation and amortization expense | (19,450) | (14,984) | (58,204) | (1,515) | (4,046) | (11) | (98,210) | - | (98,210) | ||||||||||||||||||||
| The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method | - | - | - | - | - | - | - | 2,832 | 2,832 | ||||||||||||||||||||
| Income before taxes | 37,194 | 140,600 | 113,321 | 7,873 | 4,756 | 940 | 304,684 | (92,966) | 211,718 | ||||||||||||||||||||
| Income tax expense | - | - | - | - | - | - | - | (73,384) | (73,384) | ||||||||||||||||||||
| Net income (loss) | 37,194 | 140,600 | 113,321 | 7,873 | 4,756 | 940 | 304,684 | (166,350) | 138,334 | ||||||||||||||||||||
| Assets | - | - | - | - | - | - | - | 11,486,952 | 11,486,952 | ||||||||||||||||||||
| Equity-accounted investees | - | - | - | - | - | - | - | 603,422 | 603,422 | ||||||||||||||||||||
| Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts | - | - | - | - | - | - | - | 559,695 | 559,695 | ||||||||||||||||||||
| Liabilities | - | - | - | - | - | - | - | 6,194,514 | 6,194,514 | ||||||||||||||||||||
| Impairment loss of financial assets recognized in profit or loss | - | - | - | - | - | - | - | (28) | (28) | ||||||||||||||||||||
| Impairment loss of non-financial assets recognized in profit or loss | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Cash flows | |||||||||||||||||||||||||||||
| Cash flows from operating activities | - | - | - | - | - | - | - | 215,895 | 215,895 | ||||||||||||||||||||
| Cash flows used in investing activities | - | - | - | - | - | - | - | 181,114 | 181,114 | ||||||||||||||||||||
| Cash flows from financing activities | - | - | - | - | - | - | - | (118,784) | (118,784) | ||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Operating segment items as of and for the period ended March 31, 2024 | Specialty plant nutrients | Iodine and its derivatives | Lithium and its derivatives | Industrial chemicals | Potassium | Other products and services | Operating segments | Unallocated amounts | Total as of and for the period ended March 31, 2024 | ||||||||||||||||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||||||||||||||||
| Revenue | 207,751 | 240,102 | 547,397 | 21,850 | 63,635 | 3,782 | 1,084,517 | - | 1,084,517 | ||||||||||||||||||||||||||||||||
| Revenues from transactions with other operating segments of the same entity | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||
| Revenues from external customers and transactions with other operating segments of the same entity | 207,751 | 240,102 | 547,397 | 21,850 | 63,635 | 3,782 | 1,084,517 | - | 1,084,517 | ||||||||||||||||||||||||||||||||
| Costs of sales | (164,889) | (100,828) | (376,003) | (13,160) | (57,168) | (3,940) | (715,988) | - | (715,988) | ||||||||||||||||||||||||||||||||
| Administrative expenses | - | - | - | - | - | - | - | (38,321) | (38,321) | ||||||||||||||||||||||||||||||||
| Finance expense | - | - | - | - | - | - | - | (46,839) | (46,839) | ||||||||||||||||||||||||||||||||
| Depreciation and amortization expense | (15,170) | (13,741) | (36,727) | (1,258) | (6,468) | (22) | (73,386) | - | (73,386) | ||||||||||||||||||||||||||||||||
| The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method | - | - | - | - | - | - | - | 4,555 | 4,555 | ||||||||||||||||||||||||||||||||
| Income before taxes | 42,862 | 139,274 | 171,394 | 8,690 | 6,467 | (158) | 368,529 | (68,353) | 300,176 | ||||||||||||||||||||||||||||||||
| Income tax expense | - | - | - | - | - | - | - | (1,168,843) | (1,168,843) | ||||||||||||||||||||||||||||||||
| Net income (loss) | 42,862 | 139,274 | 171,394 | 8,690 | 6,467 | (158) | 368,529 | (1,237,196) | (868,667) | ||||||||||||||||||||||||||||||||
| Assets | - | - | - | - | - | - | - | 10,587,636 | 10,587,636 | ||||||||||||||||||||||||||||||||
| Equity-accounted investees | - | - | - | - | - | - | - | 84,904 | 84,904 | ||||||||||||||||||||||||||||||||
| Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts | - | - | - | - | - | - | - | 463,748 | 463,748 | ||||||||||||||||||||||||||||||||
| Liabilities | - | - | - | - | - | - | - | 5,899,194 | 5,899,194 | ||||||||||||||||||||||||||||||||
| Impairment loss of financial assets recognized in profit or loss | - | - | - | - | - | - | - | 576 | 576 | ||||||||||||||||||||||||||||||||
| Impairment loss of non-financial assets recognized in profit or loss | - | - | - | - | - | - | - | (9,918) | (9,918) | ||||||||||||||||||||||||||||||||
| Cash flows | |||||||||||||||||||||||||||||||||||||||||
| Cash flows from operating activities | - | - | - | - | - | - | - | 150,566 | 150,566 | ||||||||||||||||||||||||||||||||
| Cash flows used in investing activities | - | - | - | - | - | - | - | 150,761 | 150,761 | ||||||||||||||||||||||||||||||||
| Cash flows from financing activities | - | - | - | - | - | - | - | (12,447) | (12,447) | ||||||||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Items in the statement of comprehensive income as of March 31, 2025 | Specialty plant nutrients | Iodine and its derivatives | Lithium and its derivatives | Industrial chemicals | Potassium | Other products and services | Corporate Unit | Total segments and corporate unit | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| Revenue | 212,226 | 254,968 | 502,898 | 18,833 | 42,529 | 5,176 | - | 1,036,630 | ||||||||||||||||||
| Costs of sales | (175,032) | (114,368) | (389,577) | (10,960) | (37,773) | (4,236) | - | (731,946) | ||||||||||||||||||
| Gross profit | 37,194 | 140,600 | 113,321 | 7,873 | 4,756 | 940 | - | 304,684 | ||||||||||||||||||
| Other incomes by function | - | - | - | - | - | - | 1,334 | 1,334 | ||||||||||||||||||
| Administrative expenses | - | - | - | - | - | - | (43,368) | (43,368) | ||||||||||||||||||
| Other expenses by function | - | - | - | - | - | - | (16,579) | (16,579) | ||||||||||||||||||
| Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | - | - | - | - | - | - | (28) | (28) | ||||||||||||||||||
| Other losses | - | - | - | - | - | - | (1,108) | (1,108) | ||||||||||||||||||
| Financial income | - | - | - | - | - | - | 19,660 | 19,660 | ||||||||||||||||||
| Financial costs | - | - | - | - | - | - | (53,939) | (53,939) | ||||||||||||||||||
| Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | - | - | - | - | - | - | 2,832 | 2,832 | ||||||||||||||||||
| Exchange differences | - | - | - | - | - | - | (1,770) | (1,770) | ||||||||||||||||||
| Profit (loss) before taxes | 37,194 | 140,600 | 113,321 | 7,873 | 4,756 | 940 | (92,966) | 211,718 | ||||||||||||||||||
| Income tax expense | - | - | - | - | - | - | (73,384) | (73,384) | ||||||||||||||||||
| Profit (loss) net | 37,194 | 140,600 | 113,321 | 7,873 | 4,756 | 940 | (166,350) | 138,334 | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Items in the statement of comprehensive income as of March 31, 2024 | Specialty plant nutrients | Iodine and its derivatives | Lithium and its derivatives | Industrial chemicals | Potassium | Other products and services | Corporate Unit | Total segments and corporate unit | ||||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||||||
| Revenue | 207,751 | 240,102 | 547,397 | 21,850 | 63,635 | 3,782 | - | 1,084,517 | ||||||||||||||||||
| Costs of sales | (164,889) | (100,828) | (376,003) | (13,160) | (57,168) | (3,940) | - | (715,988) | ||||||||||||||||||
| Gross profit | 42,862 | 139,274 | 171,394 | 8,690 | 6,467 | (158) | - | 368,529 | ||||||||||||||||||
| Other incomes by function | - | - | - | - | - | - | 1,291 | 1,291 | ||||||||||||||||||
| Administrative expenses | - | - | - | - | - | - | (38,321) | (38,321) | ||||||||||||||||||
| Other expenses by function | - | - | - | - | - | - | (16,201) | (16,201) | ||||||||||||||||||
| Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | - | - | - | - | - | - | 576 | 576 | ||||||||||||||||||
| Other gains | - | - | - | - | - | - | (2,036) | (2,036) | ||||||||||||||||||
| Financial income | - | - | - | - | - | - | 26,320 | 26,320 | ||||||||||||||||||
| Financial costs | - | - | - | - | - | - | (46,839) | (46,839) | ||||||||||||||||||
| Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | - | - | - | - | - | - | 4,555 | 4,555 | ||||||||||||||||||
| Exchange differences | - | - | - | - | - | - | 2,302 | 2,302 | ||||||||||||||||||
| Profit (loss) before taxes | 42,862 | 139,274 | 171,394 | 8,690 | 6,467 | (158) | (68,353) | 300,176 | ||||||||||||||||||
| Income tax expense | - | - | - | - | - | - | (1,168,843) | (1,168,843) | ||||||||||||||||||
| Profit (loss) net | 42,862 | 139,274 | 171,394 | 8,690 | 6,467 | (158) | (1,237,196) | (868,667) | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Segments by geographical areas | Chile | Latin America and the Caribbean | Europe | North America | Asia and others | Total | ||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Revenue for the period ended March 31, 2025 | 22,407 | 52,155 | 158,749 | 176,441 | 626,878 | 1,036,630 | ||||||||||||||
Non-current assets at March 31, 2025 | ||||||||||||||||||||
| Investment accounted for under the equity method | - | - | 34,843 | 19,274 | 549,305 | 603,422 | ||||||||||||||
| Intangible assets other than goodwill | 71,562 | 550 | 6,270 | 515 | 86,458 | 165,355 | ||||||||||||||
| Goodwill | - | 86 | 148 | 724 | - | 958 | ||||||||||||||
| Property, plant and equipment, net | 3,338,071 | 6,585 | 10,498 | 10,024 | 968,582 | 4,333,760 | ||||||||||||||
| Right-of-use assets | 42,267 | 1,645 | 3,114 | 7,003 | 27,234 | 81,263 | ||||||||||||||
| Other non-current assets | 69,797 | 31 | - | 5,413 | 281,348 | 356,589 | ||||||||||||||
| Non-current assets | 3,521,697 | 8,897 | 54,873 | 42,953 | 1,912,927 | 5,541,347 | ||||||||||||||
| Segments by geographical areas | Chile | Latin America and the Caribbean | Europe | North America | Asia and others | Total | ||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||||
| Revenue for the period ended March 31, 2024 | 22,205 | 51,852 | 191,316 | 168,009 | 651,135 | 1,084,517 | ||||||||||||||
Non-current assets at March 31, 2024 | ||||||||||||||||||||
| Investment accounted for under the equity method | - | - | 13,912 | 17,470 | 554,412 | 585,794 | ||||||||||||||
| Intangible assets other than goodwill | 73,762 | 450 | 6,466 | 547 | 86,743 | 167,968 | ||||||||||||||
| Goodwill | - | 86 | 138 | 724 | - | 948 | ||||||||||||||
| Property, plant and equipment, net | 3,310,150 | 6,651 | 10,598 | 8,277 | 942,148 | 4,277,824 | ||||||||||||||
| Right-of-use assets | 46,122 | 1,806 | 3,234 | 6,112 | 26,796 | 84,070 | ||||||||||||||
| Other non-current assets | 68,777 | 29 | - | 5,413 | 289,947 | 364,166 | ||||||||||||||
| Non-current assets | 3,498,811 | 9,022 | 34,348 | 38,543 | 1,900,046 | 5,480,770 | ||||||||||||||
Notes to the Consolidated Interim Financial Statements | Details | March 31, 2025 | December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Changes in equity generated by the equity method value through conversion: | ||||||||
| Comercial Hydro S.A. | 1,004 | 1,004 | ||||||
| Comercial Agrorama Ltda. | 190 | 192 | ||||||
| Isapre Norte Grande Ltda. | (207) | (239) | ||||||
| Agrorama S.A. | 710 | 814 | ||||||
| SQM Vitas Fzco | (1,714) | (1,714) | ||||||
| Ajay Europe | (1,616) | (2,152) | ||||||
| SQM Oceanía Pty Ltd. | (579) | (579) | ||||||
| SQM Indonesia S.A. | (124) | (124) | ||||||
| SQM Australia Pty Ltd. | (2,543) | (1,265) | ||||||
| Azure Minerals | (32,182) | (33,080) | ||||||
| Pirra Lithium Pty Ltd. | - | (135) | ||||||
| Sichuan Dixin New Energy Co. Ltd | 34 | (714) | ||||||
| SAS Adionics | (883) | - | ||||||
| Others | 162 | (32) | ||||||
| Total | (37,748) | (38,024) | ||||||
Notes to the Consolidated Interim Financial Statements | Class of assets | Currency | As of March 31, 2025 | As of December 31, 2024 | ||||||||
| ThUS$ | ThUS$ | ||||||||||
| Cash and cash equivalents | USD | 1,200,834 | 1,020,101 | ||||||||
| Cash and cash equivalents | CLP | 291,993 | 214,361 | ||||||||
| Cash and cash equivalents | CNY | 105,271 | 76,807 | ||||||||
| Cash and cash equivalents | EUR | 9,582 | 6,716 | ||||||||
| Cash and cash equivalents | GBP | 68 | 2 | ||||||||
| Cash and cash equivalents | AUD | 31,895 | 40,954 | ||||||||
| Cash and cash equivalents | MXN | 917 | 2,038 | ||||||||
| Cash and cash equivalents | AED | - | 1 | ||||||||
| Cash and cash equivalents | JPY | 1,224 | 910 | ||||||||
| Cash and cash equivalents | NOK | 4 | 1 | ||||||||
| Cash and cash equivalents | ZAR | 2,447 | 10,978 | ||||||||
| Cash and cash equivalents | KRW | 11,702 | 4,979 | ||||||||
| Cash and cash equivalents | IDR | 3 | 3 | ||||||||
| Cash and cash equivalents | PLN | - | - | ||||||||
| Cash and cash equivalents | MAD | 149 | - | ||||||||
| Subtotal cash and cash equivalents | 1,656,089 | 1,377,851 | |||||||||
| Other current financial assets | USD | 650,261 | 1,079,559 | ||||||||
| Other current financial assets | BRL | 8 | 36 | ||||||||
| Other current financial assets | CLP | 53,858 | - | ||||||||
| Subtotal other current financial assets | 704,127 | 1,079,595 | |||||||||
| Other current non-financial assets | USD | 59,196 | 20,185 | ||||||||
| Other current non-financial assets | AUD | 3,856 | 2,476 | ||||||||
| Other current non-financial assets | CLF | 114 | 153 | ||||||||
| Other current non-financial assets | CLP | 38,396 | 151,604 | ||||||||
| Other current non-financial assets | CNY | 28,959 | 20,557 | ||||||||
| Other current non-financial assets | EUR | 464 | 482 | ||||||||
| Other current non-financial assets | COP | 321 | 313 | ||||||||
| Other current non-financial assets | MXN | 1,677 | 2,267 | ||||||||
| Other current non-financial assets | THB | - | - | ||||||||
| Other current non-financial assets | JPY | 39 | 89 | ||||||||
| Other current non-financial assets | ZAR | 241 | 44 | ||||||||
| Other current non-financial assets | KRW | 1,607 | 2,535 | ||||||||
| Other current non-financial assets | MAD | 10 | - | ||||||||
| Other current non-financial assets | INR | 45 | - | ||||||||
| Subtotal Other current non-financial assets | 134,925 | 200,705 | |||||||||
| Trade and other receivables | USD | 490,775 | 407,361 | ||||||||
| Trade and other receivables | BRL | 4 | 77 | ||||||||
| Trade and other receivables | CLF | 1,224 | 1,171 | ||||||||
| Trade and other receivables | CLP | 48,738 | 58,117 | ||||||||
| Trade and other receivables | CNY | 53,897 | 82,539 | ||||||||
| Trade and other receivables | EUR | 40,966 | 25,815 | ||||||||
| Trade and other receivables | GBP | 195 | 284 | ||||||||
| Trade and other receivables | MXN | 874 | 1,214 | ||||||||
| Trade and other receivables | AED | 2,440 | 763 | ||||||||
| Trade and other receivables | JPY | 400 | 488 | ||||||||
| Trade and other receivables | AUD | 1,122 | 9,893 | ||||||||
| Trade and other receivables | ZAR | 9,304 | 14,600 | ||||||||
| Trade and other receivables | COP | 3,695 | 3,812 | ||||||||
| Trade and other receivables | KRW | - | - | ||||||||
| Trade and other receivables | PEN | 6 | 3 | ||||||||
Notes to the Consolidated Interim Financial Statements | Trade and other receivables | ARS | 1 | - | ||||||||
| Trade and other receivables | INR | 57 | - | ||||||||
| Trade and other receivables | MAD | 1 | - | ||||||||
| Trade and other receivables | SEK | 378 | - | ||||||||
| Subtotal trade and other receivables | 654,077 | 606,137 | |||||||||
| Receivables from related parties | USD | 13,381 | 20,061 | ||||||||
| Receivables from related parties | AUD | 14,497 | 6,746 | ||||||||
| Receivables from related parties | EUR | 1,964 | 1,899 | ||||||||
| Subtotal receivables from related parties | 29,842 | 28,706 | |||||||||
Notes to the Consolidated Interim Financial Statements | Class of assets | Currency | As of March 31, 2025 | As of December 31, 2024 | ||||||||
| ThUS$ | ThUS$ | ||||||||||
| Current inventories | USD | 1,788,763 | 1,702,185 | ||||||||
| Subtotal Current Inventories | 1,788,763 | 1,702,185 | |||||||||
| Current tax assets | USD | 609,925 | 571,818 | ||||||||
| Current tax assets | BRL | 5 | 4 | ||||||||
| Current tax assets | CLP | 4,350 | 2,040 | ||||||||
| Current tax assets | CNY | 348 | 348 | ||||||||
| Current tax assets | EUR | 2,482 | 281 | ||||||||
| Current tax assets | MXN | 4,174 | 4,115 | ||||||||
| Current tax assets | PEN | 2,134 | 1,804 | ||||||||
| Current tax assets | JPY | - | - | ||||||||
| Current tax assets | ZAR | - | 28 | ||||||||
| Current tax assets | COP | 3,101 | 2,614 | ||||||||
| Current tax assets | KRW | - | 2 | ||||||||
| Current tax assets | AUD | 1,566 | 89 | ||||||||
| Subtotal current tax assets | 628,085 | 583,143 | |||||||||
| Non-current assets or groups of assets classified as held for sale | USD | 118 | 118 | ||||||||
| Subtotal Non-current assets or groups of assets classified as held for sale | 118 | 118 | |||||||||
| Total current assets | 5,596,026 | 5,578,440 | |||||||||
| Other non-current financial assets | USD | 46,151 | 60,706 | ||||||||
| Subtotal Other non-current financial assets | 46,151 | 60,706 | |||||||||
| Other non-current non-financial assets | USD | 75,268 | 74,245 | ||||||||
| Other non-current non-financial assets | CNY | 281,321 | 289,921 | ||||||||
| Subtotal Other non-current non-financial assets | 356,589 | 364,166 | |||||||||
| Other receivables, non-current | USD | 763 | 1,785 | ||||||||
| Other receivables, non-current | CLF | 1,647 | 63 | ||||||||
| Other receivables, non-current | MXN | 336 | 220 | ||||||||
| Other receivables, non-current | KRW | - | 240 | ||||||||
| Other receivables, non-current | CLP | 462 | 419 | ||||||||
| Other receivables, non-current | PEN | 11 | - | ||||||||
| Subtotal Other receivables, non-current | 3,219 | 2,727 | |||||||||
Non-current inventories | USD | 95,185 | 155,821 | ||||||||
| Subtotal Non-current inventories | 95,185 | 155,821 | |||||||||
| Investments classified using the equity method of accounting | USD | 50,343 | 29,869 | ||||||||
| Investments classified using the equity method of accounting | AED | 326 | 324 | ||||||||
| Investments classified using the equity method of accounting | EUR | 12,734 | 9,610 | ||||||||
| Investments classified using the equity method of accounting | AUD | 540,019 | 545,991 | ||||||||
| Subtotal Investments classified using the equity method of accounting | 603,422 | 585,794 | |||||||||
| Intangible assets other than goodwill | USD | 165,355 | 167,968 | ||||||||
| Subtotal intangible assets other than goodwill | 165,355 | 167,968 | |||||||||
| Purchases goodwill, gross | USD | 958 | 948 | ||||||||
| Subtotal Purchases goodwill, gross | 958 | 948 | |||||||||
| Property, plant and equipment | USD | 4,333,760 | 4,277,824 | ||||||||
| Subtotal property, plant and equipment | 4,333,760 | 4,277,824 | |||||||||
| Right-of-use assets | USD | 81,263 | 84,070 | ||||||||
| Subtotal Right-of-use assets | 81,263 | 84,070 | |||||||||
| Non-current tax assets | USD | 59,580 | 59,541 | ||||||||
| Subtotal non-current tax assets | 59,580 | 59,541 | |||||||||
| Deferred Tax Assets | USD | 145,444 | 157,564 | ||||||||
| Subtotal Deferred Tax Assets | 145,444 | 157,564 | |||||||||
| Total non-current assets | 5,890,926 | 5,917,129 | |||||||||
| Total assets | 11,486,952 | 11,495,569 | |||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Class of liability | As of March 31, 2025 | As of December 31, 2024 | |||||||||||||||||||||
| Currency | Up to 90 days | More than 90 days to 1 year | Total | Up to 90 days | More than 90 days to 1 year | Total | |||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||
| Current liabilities | |||||||||||||||||||||||
| Other current financial liabilities | USD | 220,536 | 662,629 | 883,165 | 349,671 | 795,283 | 1,144,954 | ||||||||||||||||
| Other current financial liabilities | CLF | 1,374 | 16,650 | 18,024 | 18,206 | 308 | 18,514 | ||||||||||||||||
| Subtotal other current financial liabilities | 221,910 | 679,279 | 901,189 | 367,877 | 795,591 | 1,163,468 | |||||||||||||||||
| Lease liabilities, current | USD | - | 14,243 | 14,243 | - | 14,311 | 14,311 | ||||||||||||||||
| Lease liabilities, current | CLF | - | 2,168 | 2,168 | - | 2,433 | 2,433 | ||||||||||||||||
| Lease liabilities, current | MXN | - | 3,485 | 3,485 | - | 2,828 | 2,828 | ||||||||||||||||
| Lease liabilities, current | EUR | - | 455 | 455 | - | 451 | 451 | ||||||||||||||||
| Lease liabilities, current | AUD | - | 2,938 | 2,938 | - | 2,671 | 2,671 | ||||||||||||||||
| Lease liabilities, current | INR | - | 35 | 35 | - | 35 | 35 | ||||||||||||||||
| Lease liabilities, current | BRL | - | 16 | 16 | - | 16 | 16 | ||||||||||||||||
| Lease liabilities, current | COP | - | - | - | - | 266 | 266 | ||||||||||||||||
| Lease liabilities, current | CLP | - | 52 | 52 | - | - | - | ||||||||||||||||
| Lease liabilities, current | CNY | - | 550 | 550 | - | - | - | ||||||||||||||||
| Lease liabilities, current | JPY | - | 56 | 56 | - | - | - | ||||||||||||||||
| Subtotal Lease liabilities, current | - | 23,998 | 23,998 | - | 23,011 | 23,011 | |||||||||||||||||
| Trade and other payables | USD | 96,029 | 11,513 | 107,542 | 102,724 | 14,579 | 117,303 | ||||||||||||||||
| Trade and other payables | CLF | 2,062 | - | 2,062 | 5,020 | - | 5,020 | ||||||||||||||||
| Trade and other payables | BRL | 6 | - | 6 | 6 | - | 6 | ||||||||||||||||
| Trade and other payables | THB | - | - | - | - | - | - | ||||||||||||||||
| Trade and other payables | CLP | 144,081 | 1,504 | 145,585 | 176,474 | 3 | 176,477 | ||||||||||||||||
| Trade and other payables | CNY | 35,188 | - | 35,188 | 33,052 | - | 33,052 | ||||||||||||||||
| Trade and other payables | EUR | 67,914 | 15,317 | 83,231 | 99,605 | - | 99,605 | ||||||||||||||||
| Trade and other payables | GBP | 18 | - | 18 | 18 | - | 18 | ||||||||||||||||
| Trade and other payables | MXN | 1,650 | - | 1,650 | - | 1,484 | 1,484 | ||||||||||||||||
| Trade and other payables | AUD | 26,288 | - | 26,288 | 36,431 | - | 36,431 | ||||||||||||||||
| Trade and other payables | ZAR | 1,254 | - | 1,254 | - | 1,562 | 1,562 | ||||||||||||||||
| Trade and other payables | CHF | 21 | - | 21 | 21 | - | 21 | ||||||||||||||||
| Trade and other payables | COP | - | 393 | 393 | - | 325 | 325 | ||||||||||||||||
| Trade and other payables | CAD | 9 | 68 | 77 | 9 | - | 9 | ||||||||||||||||
| Trade and other payables | KRW | 1,182 | - | 1,182 | 107 | - | 107 | ||||||||||||||||
| Trade and other payables | INR | 33 | - | 33 | 29 | - | 29 | ||||||||||||||||
| Trade and other payables | PEN | - | 943 | 943 | - | - | - | ||||||||||||||||
Subtotal Trade and other payables | 375,735 | 29,738 | 405,473 | 453,496 | 17,953 | 471,449 | |||||||||||||||||
| Trade payables due to related parties | USD | - | - | - | - | 5,827 | 5,827 | ||||||||||||||||
| Trade payables due to related parties | AUD | 3,363 | - | 3,363 | 4,438 | - | 4,438 | ||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Trade payables due to related parties | PEN | - | 5,827 | 5,827 | - | - | - | ||||||||||||||||
| Subtotal Trade payables due to related parties | 3,363 | 5,827 | 9,190 | 4,438 | 5,827 | 10,265 | |||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Class of liability | As of March 31, 2025 | As of December 31, 2024 | |||||||||||||||||||||
| Currency | Up to90 days | 91 days to 1 year | Total | Up to90 days | 91 days to 1 year | Total | |||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Other current provisions | USD | 281,090 | 821 | 281,911 | 28,064 | 270,161 | 298,225 | ||||||||||||||||
| Other current provisions | CLP | - | 423 | 423 | 480 | - | 480 | ||||||||||||||||
| Other current provisions | JPY | - | 11,012 | 11,012 | 12,492 | - | 12,492 | ||||||||||||||||
| Other current provisions | EUR | 135 | - | 135 | - | - | - | ||||||||||||||||
| Subtotal other current provisions | 281,225 | 12,256 | 293,481 | 41,036 | 270,161 | 311,197 | |||||||||||||||||
| Current tax liabilities | USD | - | 113,399 | 113,399 | - | 68,300 | 68,300 | ||||||||||||||||
| Current tax liabilities | CLP | - | 491 | 491 | - | 290 | 290 | ||||||||||||||||
| Current tax liabilities | EUR | - | 896 | 896 | - | 1,139 | 1,139 | ||||||||||||||||
| Current tax liabilities | CNY | - | 13,077 | 13,077 | - | 8,644 | 8,644 | ||||||||||||||||
| Current tax liabilities | JPY | - | 3 | 3 | - | 143 | 143 | ||||||||||||||||
| Current tax liabilities | AUD | - | 331 | 331 | - | 388 | 388 | ||||||||||||||||
| Current tax liabilities | ZAR | - | 139 | 139 | - | 33 | 33 | ||||||||||||||||
| Current tax liabilities | KRW | - | - | - | - | 381 | 381 | ||||||||||||||||
| Current tax liabilities | PEN | - | 685 | 685 | - | 433 | 433 | ||||||||||||||||
| Current tax liabilities | COP | - | - | - | - | 90 | 90 | ||||||||||||||||
| Current tax liabilities | MXN | - | 1,057 | 1,057 | - | - | - | ||||||||||||||||
| Subtotal current tax liabilities | - | 130,078 | 130,078 | - | 79,841 | 79,841 | |||||||||||||||||
| Provisions for employee benefits, current | USD | 13,059 | - | 13,059 | 29,265 | - | 29,265 | ||||||||||||||||
| Provisions for employee benefits, current | AUD | 680 | - | 680 | 939 | - | 939 | ||||||||||||||||
| Provisions for employee benefits, current | EUR | - | 445 | 445 | - | - | - | ||||||||||||||||
| Provisions for employee benefits, current | MXN | 273 | - | 273 | 271 | - | 271 | ||||||||||||||||
| Provisions for employee benefits, current | PEN | - | 135 | 135 | 141 | - | 141 | ||||||||||||||||
| Provisions for employee benefits, current | CLP | 60 | - | 60 | 930 | - | 930 | ||||||||||||||||
| Provisions for employee benefits, current | CNY | 15 | - | 15 | - | - | - | ||||||||||||||||
| Subtotal Provisions for employee benefits, current | 14,087 | 580 | 14,667 | 31,546 | - | 31,546 | |||||||||||||||||
| Other current non-financial liabilities | USD | 89,851 | 303 | 90,154 | 38,607 | 220 | 38,827 | ||||||||||||||||
| Other current non-financial liabilities | BRL | 25 | - | 25 | 18 | - | 18 | ||||||||||||||||
| Other current non-financial liabilities | CLP | 40,960 | 2,809 | 43,769 | 32,749 | 34,577 | 67,326 | ||||||||||||||||
| Other current non-financial liabilities | CNY | 21,296 | 92 | 21,388 | 12,287 | - | 12,287 | ||||||||||||||||
| Other current non-financial liabilities | EUR | 3,014 | - | 3,014 | 4,050 | - | 4,050 | ||||||||||||||||
| Other current non-financial liabilities | MXN | 1,078 | - | 1,078 | 890 | - | 890 | ||||||||||||||||
| Other current non-financial liabilities | PEN | 167 | - | 167 | 96 | - | 96 | ||||||||||||||||
| Other current non-financial liabilities | JPY | 43 | 19 | 62 | 93 | - | 93 | ||||||||||||||||
| Other current non-financial liabilities | COP | 103 | - | 103 | 233 | - | 233 | ||||||||||||||||
| Other current non-financial liabilities | ARS | 970 | - | 970 | 1,454 | - | 1,454 | ||||||||||||||||
| Other current non-financial liabilities | ZAR | 525 | 41 | 566 | 756 | 31 | 787 | ||||||||||||||||
| Other current non-financial liabilities | KRW | 2,524 | - | 2,524 | 1,978 | - | 1,978 | ||||||||||||||||
| Other current non-financial liabilities | INR | 12 | - | 12 | - | - | - | ||||||||||||||||
| Other current non-financial liabilities | MAD | 22 | - | 22 | - | - | - | ||||||||||||||||
| Other current non-financial liabilities | NOK | 1,113 | - | 1,113 | - | - | - | ||||||||||||||||
| Subtotal other current non-financial liabilities | 161,703 | 3,264 | 164,967 | 93,211 | 34,828 | 128,039 | |||||||||||||||||
| Total current liabilities | 1,058,023 | 885,020 | 1,943,043 | 991,604 | 1,227,212 | 2,218,816 | |||||||||||||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Class of liability | As of March 31, 2025 | ||||||||||||||||||||||
| Currency | Over 1 year to 2 years | Over 2 years to 3 years | Over 3 years to 4 years | Over 4 years to 5 years | Over 5 years | Total | |||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||
| Non-current liabilities | |||||||||||||||||||||||
| Other non-current financial liabilities | USD | - | - | 292,572 | 447,856 | 2,661,061 | 3,401,489 | ||||||||||||||||
| Other non-current financial liabilities | CLF | - | - | - | 181,116 | 182,820 | 363,936 | ||||||||||||||||
| Subtotal Other non-current financial liabilities | - | - | 292,572 | 628,972 | 2,843,881 | 3,765,425 | |||||||||||||||||
| Non-current lease liabilities | USD | - | 20,817 | - | 4,717 | - | 25,534 | ||||||||||||||||
| Non-current lease liabilities | CLP | - | 23 | - | 17 | - | 40 | ||||||||||||||||
| Non-current lease liabilities | CLF | - | 6,875 | - | 11 | - | 6,886 | ||||||||||||||||
| Non-current lease liabilities | AUD | - | - | - | 18,252 | - | 18,252 | ||||||||||||||||
| Non-current lease liabilities | EUR | - | - | - | 2,749 | - | 2,749 | ||||||||||||||||
| Non-current lease liabilities | MXN | - | - | - | 2,972 | - | 2,972 | ||||||||||||||||
| Non-current lease liabilities | JPY | - | - | - | 816 | - | 816 | ||||||||||||||||
Subtotal non-current lease liabilities | - | 27,715 | - | 29,534 | - | 57,249 | |||||||||||||||||
| Other non-current provisions | USD | - | 26,507 | - | - | 22,144 | 48,651 | ||||||||||||||||
| Other non-current provisions | AUD | - | - | - | - | 9,736 | 9,736 | ||||||||||||||||
| Subtotal Other non-current provisions | - | 26,507 | - | - | 31,880 | 58,387 | |||||||||||||||||
| Deferred tax liabilities | USD | - | 298,536 | - | - | - | 298,536 | ||||||||||||||||
| Subtotal Deferred tax liabilities | - | 298,536 | - | - | - | 298,536 | |||||||||||||||||
| Provisions for employee benefits, non-current | USD | - | 31,048 | - | - | - | 31,048 | ||||||||||||||||
| Provisions for employee benefits, non-current | CLP | - | 23,132 | - | - | 16,884 | 40,016 | ||||||||||||||||
| Provisions for employee benefits, non-current | MXN | - | 296 | - | - | - | 296 | ||||||||||||||||
| Provisions for employee benefits, non-current | AUD | - | - | - | - | 200 | 200 | ||||||||||||||||
| Provisions for employee benefits, non-current | EUR | - | - | - | - | 90 | 90 | ||||||||||||||||
| Provisions for employee benefits, non-current | JPY | 224 | - | - | - | - | 224 | ||||||||||||||||
| Subtotal Provisions for employee benefits, non-current | 224 | 54,476 | - | - | 17,174 | 71,874 | |||||||||||||||||
| Total non-current liabilities | 224 | 407,234 | 292,572 | 658,506 | 2,892,935 | 4,251,471 | |||||||||||||||||
| Total liabilities | 6,195,921 | ||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Class of liability | As of December 31, 2024 | ||||||||||||||||||||||
| Currency | Over 1 year to 2 years | Over 2 years to 3 years | Over 3 years to 4 years | Over 4 years to 5 years | Over 5 years | Total | |||||||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | ||||||||||||||||||
| Non-current liabilities | |||||||||||||||||||||||
| Other non-current financial liabilities | USD | - | - | 129,683 | - | 3,120,228 | 3,249,911 | ||||||||||||||||
| Other non-current financial liabilities | CLF | - | - | - | - | 350,671 | 350,671 | ||||||||||||||||
| Subtotal Other non-current financial liabilities | - | - | 129,683 | - | 3,470,899 | 3,600,582 | |||||||||||||||||
| Non-current lease liabilities | USD | - | 23,456 | - | 10,721 | - | 34,177 | ||||||||||||||||
| Non-current lease liabilities | CLP | - | 36 | - | 56 | - | 92 | ||||||||||||||||
| Non-current lease liabilities | CLF | - | 7,287 | - | - | - | 7,287 | ||||||||||||||||
| Non-current lease liabilities | AUD | - | - | - | 19,245 | - | 19,245 | ||||||||||||||||
| Subtotal non-current lease liabilities | - | 30,779 | - | 30,022 | - | 60,801 | |||||||||||||||||
| Other non-current provisions | USD | - | 33,651 | - | - | 19,666 | 53,317 | ||||||||||||||||
| Subtotal Other non-current provisions | - | 33,651 | - | - | 19,666 | 53,317 | |||||||||||||||||
| Deferred tax liabilities | USD | - | 298,379 | - | - | - | 298,379 | ||||||||||||||||
| Subtotal Deferred tax liabilities | - | 298,379 | - | - | - | 298,379 | |||||||||||||||||
| Provisions for employee benefits, non-current | USD | 1,529 | 12,383 | - | - | 13,343 | 27,255 | ||||||||||||||||
| Provisions for employee benefits, non-current | CLP | 37,791 | - | - | - | - | 37,791 | ||||||||||||||||
| Provisions for employee benefits, non-current | MXN | 294 | - | - | - | - | 294 | ||||||||||||||||
| Provisions for employee benefits, non-current | AUD | 180 | - | - | - | - | 180 | ||||||||||||||||
| Provisions for employee benefits, non-current | EUR | 87 | - | - | - | - | 87 | ||||||||||||||||
| Subtotal Provisions for employee benefits, non-current | 39,881 | 12,383 | - | - | 13,343 | 65,607 | |||||||||||||||||
| Total non-current liabilities | 39,881 | 375,192 | 129,683 | 30,022 | 3,503,908 | 4,078,686 | |||||||||||||||||
| Total liabilities | 6,297,502 | ||||||||||||||||||||||
| Foreign currency exchange rate changes | For the period from January to March of the year | |||||||
| 2025 | 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Foreign currency translation loss | (1,770) | 2,302 | ||||||
| Foreign currency translation reserve | 212 | (636) | ||||||
| Total | (1,558) | 1,666 | ||||||
Notes to the Consolidated Interim Financial Statements | Current tax assets | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Monthly provisional income tax payments, Chilean companies (1) | 129,420 | 133,898 | ||||||
| Monthly provisional income tax payments, foreign companies | 15,550 | 12,859 | ||||||
| Corporate tax credits (2) | 51,818 | 4,603 | ||||||
| Taxes in recovery process (1) | 431,297 | 431,783 | ||||||
| Total | 628,085 | 583,143 | ||||||
| Non-current tax assets | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Total tax paid by SQM Salar (see note 21.3) | 59,541 | 59,541 | ||||||
| Foreign company income tax | 39 | - | ||||||
| Total | 59,580 | 59,541 | ||||||
Notes to the Consolidated Interim Financial Statements | Current tax liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Chilean income tax (1) | 75,462 | 24,687 | ||||||
| Foreign company income tax (2) | 54,616 | 55,154 | ||||||
| Total | 130,078 | 79,841 | ||||||
| Country | Income tax | Income tax | ||||||
| 2025 | 2024 | |||||||
| Spain | 25 | % | 25 | % | ||||
| Belgium | 25 | % | 25 | % | ||||
| Mexico | 30 | % | 30 | % | ||||
| United States | 21% +2.5% | 21% + 2.5% | ||||||
| South Africa | 27 | % | 27 | % | ||||
| South Korea | 24% (2) | 24% (2) | ||||||
| China | 25%+12% (1) | 25%+12% (1) | ||||||
| Australia | 30 | % | 30 | % | ||||
Notes to the Consolidated Interim Financial Statements | Description of deferred tax assets and liabilities as of March 31, 2025 | Net position | |||||||
| Assets | Liabilities | |||||||
| ThUS$ | ThUS$ | |||||||
| Unrealized loss | 146,571 | - | ||||||
| Property, plant and equipment and capitalized interest | - | (347,044) | ||||||
| Leases recognized under IFRS 16 | - | (102) | ||||||
| Restoration and rehabilitation provision | 6,247 | - | ||||||
| Manufacturing expenses | - | (134,399) | ||||||
| Employee benefits and unemployment insurance | - | (9,580) | ||||||
| Vacation accrual | 8,636 | - | ||||||
| Inventory provision | 27,325 | - | ||||||
| Supply provision | 16,284 | - | ||||||
| Other employee benefits | 10,103 | - | ||||||
| Research and development expenses | - | (18,803) | ||||||
| Bad debt provision | 783 | - | ||||||
| Provision for legal complaints and expenses | 1,897 | - | ||||||
| Loan acquisition expenses | - | (18,321) | ||||||
| Financial instruments recorded at market value | 3,366 | - | ||||||
| Specific tax on mining activity | 6,259 | - | ||||||
| Specific tax on mining activity lithium | 4,520 | - | ||||||
| Tax loss benefit | 131,517 | - | ||||||
| Other | 11,334 | - | ||||||
| Foreign items (other) | 315 | - | ||||||
| Balances to date | 375,157 | (528,249) | ||||||
| Net balance | (153,092) | |||||||
Notes to the Consolidated Interim Financial Statements | Description of deferred tax assets and liabilities as of December 31, 2024 | Net position | |||||||
| Assets | Liabilities | |||||||
| ThUS$ | ThUS$ | |||||||
| Unrealized loss | 157,503 | - | ||||||
| Property, plant and equipment and capitalized interest (1) | - | (314,230) | ||||||
| Leases recognized under IFRS 16 | - | (79) | ||||||
| Restoration and rehabilitation provision | 5,220 | - | ||||||
| Manufacturing expenses | - | (154,906) | ||||||
| Employee benefits and unemployment insurance | - | (8,736) | ||||||
| Vacation accrual | 9,001 | - | ||||||
| Inventory provision | 16,353 | - | ||||||
| Supply provision | 20,293 | - | ||||||
| Other employee benefits | 10,291 | - | ||||||
| Research and development expenses | - | (17,239) | ||||||
| Bad debt provision | - | (203) | ||||||
| Provision for legal complaints and expenses | 2,788 | - | ||||||
| Loan acquisition expenses | - | (17,604) | ||||||
| Financial instruments recorded at market value | 3,277 | - | ||||||
| Specific tax on mining activity | - | (1,398) | ||||||
| Specific tax on mining activity lithium | 4,049 | - | ||||||
| Tax loss benefit | 129,123 | - | ||||||
| Other | 15,422 | - | ||||||
| Foreign items (other) | 260 | - | ||||||
| Balances to date | 373,580 | (514,395) | ||||||
| Net balance | (140,815) | |||||||
| Movements of deferred tax assets and liabilities | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Deferred tax assets | 145,444 | 157,564 | ||||||
| Deferred tax liabilities | (298,536) | (298,379) | ||||||
| Total | (153,092) | (140,815) | ||||||
Notes to the Consolidated Interim Financial Statements Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of March 31, 2025 | Deferred tax asset (liability) at beginning of period | Deferred tax (expense) benefit recognized in profit loss for the year | Deferred taxes related to items (credited) charged directly to equity | Total change in deferred taxes | Deferred tax asset (liability) at end of period | ||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||
| Unrealized loss | 157,503 | (10,932) | - | (10,932) | 146,571 | ||||||||||||
| Property, plant and equipment and capitalized interest | (314,230) | (32,814) | - | (32,814) | (347,044) | ||||||||||||
| Leases recognized under IFRS 16 | (79) | (23) | - | (23) | (102) | ||||||||||||
| Restoration and rehabilitation provision | 5,220 | 1,027 | - | 1,027 | 6,247 | ||||||||||||
| Manufacturing expenses | (154,906) | 20,507 | - | 20,507 | (134,399) | ||||||||||||
| Employee benefits and unemployment insurance | (8,736) | (707) | (137) | (844) | (9,580) | ||||||||||||
| Vacation accrual | 9,001 | (365) | - | (365) | 8,636 | ||||||||||||
| Inventory provision | 16,353 | 10,972 | - | 10,972 | 27,325 | ||||||||||||
| Supply provision | 20,293 | (4,009) | - | (4,009) | 16,284 | ||||||||||||
| Derivative financial instruments | - | (1,880) | 1,880 | - | - | ||||||||||||
| Other employee benefits | 10,291 | (188) | - | (188) | 10,103 | ||||||||||||
| Research and development expenses | (17,239) | (1,564) | - | (1,564) | (18,803) | ||||||||||||
| Bad debt provision | (203) | 986 | - | 986 | 783 | ||||||||||||
| Provision for legal complaints and expenses | 2,788 | (891) | - | (891) | 1,897 | ||||||||||||
| Loan approval expenses | (17,604) | (717) | - | (717) | (18,321) | ||||||||||||
| Financial instruments recorded at market value | 3,277 | 439 | (350) | 89 | 3,366 | ||||||||||||
| Specific tax on mining activity | (1,398) | 7,657 | - | 7,657 | 6,259 | ||||||||||||
| Specific tax on mining activity lithium | 4,049 | 475 | (4) | 471 | 4,520 | ||||||||||||
| Tax loss benefit | 129,123 | 2,394 | - | 2,394 | 131,517 | ||||||||||||
| Others | 15,422 | (4,088) | - | (4,088) | 11,334 | ||||||||||||
| Foreign items (other) | 260 | 55 | - | 55 | 315 | ||||||||||||
| Total temporary differences, unused losses and unused tax credits | (140,815) | (13,666) | 1,389 | (12,277) | (153,092) | ||||||||||||
Notes to the Consolidated Interim Financial Statements Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of December 31, 2024 | Deferred tax asset (liability) at beginning of period | Deferred tax (expense) benefit recognized in profit loss for the year | Deferred taxes related to items (credited) charged directly to equity | Total change in deferred taxes | Deferred tax asset (liability) at end of period | ||||||||||||
| ThUS$ | ThUS$ | ThUS$ | ThUS$ | ThUS$ | |||||||||||||
| Unrealized loss | 321,340 | (163,837) | - | (163,837) | 157,503 | ||||||||||||
| Property, plant and equipment and capitalized interest | (288,619) | (25,611) | - | (25,611) | (314,230) | ||||||||||||
| Leases recognized under IFRS 16 | 503 | (582) | - | (582) | (79) | ||||||||||||
| Restoration and rehabilitation provision | 6,336 | (1,116) | - | (1,116) | 5,220 | ||||||||||||
| Manufacturing expenses | (159,879) | 4,973 | - | 4,973 | (154,906) | ||||||||||||
| Employee benefits and unemployment insurance | (9,438) | 1,567 | (865) | 702 | (8,736) | ||||||||||||
| Vacation accrual | 9,373 | (372) | - | (372) | 9,001 | ||||||||||||
| Inventory provision | 34,718 | (18,365) | - | (18,365) | 16,353 | ||||||||||||
| Supply provision | 14,405 | 5,888 | - | 5,888 | 20,293 | ||||||||||||
| Derivative financial instruments | - | 3,049 | (3,049) | - | - | ||||||||||||
| Other employee benefits | 6,561 | 3,730 | - | 3,730 | 10,291 | ||||||||||||
| Research and development expenses | (16,046) | (1,193) | - | (1,193) | (17,239) | ||||||||||||
| Bad debt provision | 1,957 | (2,160) | - | (2,160) | (203) | ||||||||||||
| Provision for legal complaints and expenses | 2,932 | (144) | - | (144) | 2,788 | ||||||||||||
| Loan approval expenses | (12,735) | (4,869) | - | (4,869) | (17,604) | ||||||||||||
| Financial instruments recorded at market value | (52,016) | - | 55,293 | 55,293 | 3,277 | ||||||||||||
| Specific tax on mining activity | (3,303) | 1,900 | 5 | 1,905 | (1,398) | ||||||||||||
| Specific tax on mining activity lithium | - | 4,049 | - | 4,049 | 4,049 | ||||||||||||
| Tax loss benefit | 74,347 | 54,776 | - | 54,776 | 129,123 | ||||||||||||
| Others | (22,963) | 38,385 | - | 38,385 | 15,422 | ||||||||||||
| Foreign items (other) | 75 | (1,682) | 1,867 | 185 | 260 | ||||||||||||
| Total temporary differences, unused losses and unused tax credits | (92,452) | (101,614) | 53,251 | (48,363) | (140,815) | ||||||||||||
| Deferred taxes related to benefits for tax losses | As of March 31, 2025 | As of December 31, 2024 | ||||||
| ThUS$ | ThUS$ | |||||||
| Chile | 44,310 | 44,525 | ||||||
| Foreign | 87,207 | 84,598 | ||||||
| Total | 131,517 | 129,123 | ||||||
Notes to the Consolidated Interim Financial Statements | Movements in deferred tax assets and liabilities | Assets (liabilities) | |||||||
As of March 31, 2025 | As of December 31, 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Deferred tax assets and liabilities, net opening balance | (140,815) | (92,452) | ||||||
| Increase (decrease) in deferred taxes in profit or loss | (13,666) | (101,614) | ||||||
Increase (decrease) deferred taxes in equity | 1,389 | 53,251 | ||||||
| Total | (153,092) | (140,815) | ||||||
Disclosures on income tax (expense) benefits | (Expense) Income | |||||||
As of March 31, 2025 | As of March 31, 2024 | |||||||
ThUS$ | ThUS$ | |||||||
Current income tax (expense) benefit | ||||||||
Current tax (expenses) | (54,935) | (38,688) | ||||||
Deferred (expense) benefit from taxes related to the origination and reversal of temporary differences | (13,666) | (32,568) | ||||||
Current income tax expense, net, total | (68,601) | (71,256) | ||||||
(Expenses) for specific taxes on lithium-related mining activity (see note 21.3) | (4,783) | (1,097,587) | ||||||
Income tax expense | (73,384) | (1,168,943) | ||||||
| Income tax (expense) benefit | (Expense) Income | |||||||
As of March 31, 2025 | As of March 31, 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Current income tax benefit (expense) by foreign and domestic parties, net | ||||||||
| Current income tax (expenses), foreign parties, net | (16,715) | (2,145) | ||||||
| Current income tax (expenses), domestic, net | (38,220) | (36,543) | ||||||
| (Expenses) for specific taxes on lithium-related mining activity (see note 21.3) | (4,783) | (1,097,587) | ||||||
| Current income tax expense, net, total | (59,718) | (1,136,275) | ||||||
| Deferred tax benefit (expense) by foreign and domestic parties, net | ||||||||
| Current income tax (expense) benefit, foreign parties, net | (10,313) | 31,308 | ||||||
| Current income tax (expense) benefit, domestic, net | (3,353) | (63,876) | ||||||
| Deferred tax expense, net, total | (13,666) | (32,568) | ||||||
| Income tax expense | (73,384) | (1,168,843) | ||||||
| Income tax related to other income and expense components with a charge or credit to net equity | As of March 31, 2025 | ||||||||||
| Amount before taxes (expense) gain | (Expense) income for income taxes | Amount after taxes | |||||||||
| ThUS$ | ThUS$ | ThUS$ | |||||||||
| Income (losses) from defined benefit plans | 410 | (141) | 269 | ||||||||
| Cash flow hedge | (6,962) | 1,880 | (5,082) | ||||||||
| Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | 1,295 | (350) | 945 | ||||||||
| Total | (5,257) | 1,389 | (3,868) | ||||||||
Notes to the Consolidated Interim Financial Statements | Income tax related to other income and expense components with a charge or credit to net equity | As of March 31, 2024 | ||||||||||
| Amount before taxes (expense) gain | (Expense) income for income taxes | Amount after taxes | |||||||||
| ThUS$ | ThUS$ | ThUS$ | |||||||||
| (Losses) gains from defined benefit plans | 4,944 | (1,347) | 3,597 | ||||||||
| Cash flow hedge | (760) | 205 | (555) | ||||||||
| Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | (12,074) | 93 | (11,981) | ||||||||
| Total | (7,890) | (1,049) | (8,939) | ||||||||
Notes to the Consolidated Interim Financial Statements | Income Tax Expense (Benefit) | (Expense) Benefit | |||||||
As of March 31, 2025 | As of March 31, 2024 | |||||||
| ThUS$ | ThUS$ | |||||||
| Consolidated income before taxes | 211,718 | 300,176 | ||||||
| Statutory Income tax rate in Chile | 27 | % | 27 | % | ||||
| Tax expense using the statutory tax rate | (57,164) | (81,048) | ||||||
| Net effect of royalty tax payments | 7,350 | (1,047) | ||||||
| Net effect from payment of the specific tax on lithium-related mining activities (see note 21.3) (1) | (5,008) | (1,097,587) | ||||||
| Net effect of other additional taxes | (6,167) | - | ||||||
| Tax effect of income from regular activities exempt from taxation and dividends from abroad | 953 | (2,497) | ||||||
| Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) | (1,929) | (1,800) | ||||||
| Effect due to the difference in tax rates related to abroad subsidiaries | (12,994) | 14,916 | ||||||
| Other tax effects from reconciliation between accounting profit and tax expense | 1,575 | 220 | ||||||
| Tax expense using the effective tax rate | (73,384) | (1,168,843) | ||||||
Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| Miscellaneous | Environment - Operating Area | Environment - Operating Area | Not classified | Expense | 5,460 | 20,565 | 23,913 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-F000100 - EIA Pampa Blanca Maritime Project | EIA Pampa Blanca Maritime Project | Environmental processing | Expense | - | 45 | - | 06-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-F000300 - Reopening of the Pampa Blanca Project - Iodide Plant | The project consists of the reopening of the Pampa Blanca iodide plant. | Sustainability: Environment and Risk Prevention | Assets | 3 | 943 | - | 06-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-F001300 - EIA Seawater Impulsion System (SIAM PB). | EIA Seawater Impulsion System (SIAM PB). | Environmental processing | Assets | 142 | 1,173 | 3,384 | 12-31-2026 | |||||||||||||||||||||
| SQM S.A. | 01-I028200 - EIA Llamara | The project consists of the preparation and processing of the Environmental Impact Study for Llamara. | Environmental processing | Expense | - | 165 | - | 06-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I028300 - Implementation PDC 2019 - Llamara sanction process | The project involves the implementation of actions committed in the PDC. The implementation considers consulting with consultants (legal, hydrogeological and in processing with PDC), studies and additional follow-up | Sustainability: Environment and Risk Prevention | Expense | 1 | 2 | 342 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I039700 - Adapting tanks for hazardous substances NV | The project involves constructing a new NV warehouse, in accordance with the Hazardous Substances Regulation DS 43 | Environmental processing | Assets | - | 6 | 1 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I050900 - Responsible Behavior | The project involves improving the NV Iodine plant sectors aligned with the CR principles in each of the principles that this requires (safety, environment, waste) | Sustainability: Environment and Risk Prevention | Expense | - | 4 | 4 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I054700 - Implementation of Sustainability Project (Storm petrel protection) | The project consists of taking an inventory of the lights installed at the Nueva Victoria e Iris site with experts and design a program to replace the current lights with those recommended to prevent petrel fatalities | Sustainability: Environment and Risk Prevention | Assets | - | 14 | 425 | 12-31-2026 | |||||||||||||||||||||
| SQM S.A. | 01-I054800 - Implementation of Tente en el Aire Project’s environmental commitments | The environmental commitments set out in the project correspond to the application of bischofite on access roads to the locality of Colonia Pintados, improvements to livestock corrals and water troughs in Bellavista, support for cultural activities, Bellavista and Colonia Pintados livestock, and other actions. | Sustainability: Environment and Risk Prevention | Expense | 38 | 5,598 | 297 | 12-31-2025 | |||||||||||||||||||||
| Subtotal | 5,644 | 28,515 | 28,366 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM S.A. | 01-I063800 - SO2 gas abatement in NV plant | SO2 gas abatement in NV plant to reduce emissions by 61%. | Sustainability: Environment and Risk Prevention | Assets | - | 48 | - | 06-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I066300 - Self-contained electrical back-up for Puquios de Llamara power system | Self-contained electrical back-up for Puquios de Llamara power system | Sustainability: Environment and Risk Prevention | Assets | - | 48 | 3 | 09-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I067800 - Construction of injection wells at Llamara | Construct 4 new injection wells, 3 at Puquio N4 and 1 at Puquio N2. | Sustainability: Environment and Risk Prevention | Assets | 40 | 35 | 1 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I075800 - Liquid SO2 piloting in Stripping Plant 3 NV. | Liquid SO2 piloting in Stripping Plant 3 NV. | Sustainability: Environment and Risk Prevention | Assets | - | 482 | 36 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I080400 -Double scrubber tests Plant 3 NV. | Double scrubber tests Plant 3 NV. | Sustainability: Environment and Risk Prevention | Assets | - | 189 | - | 06-30-2025 | |||||||||||||||||||||
| SQM S.A. | 01-I080900 - Humberstone deposit. | Humberstone deposit. | Sustainability: Environment and Risk Prevention | Assets | - | - | 100 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-P010300 - Adapting tanks for hazardous substances PV | The project involves improving the hazardous substances pond facilities at PV, in accordance with the Adaptation Plan for Hazardous Substances Regulation DS 43. | Environmental processing | Assets | 5 | 17 | 10 | 12-31-2025 | |||||||||||||||||||||
| SQM S.A. | 01-P010400 - Adapting dispatch warehouse PV | The project involves adapting the PV warehouse, in accordance with the Hazardous Substances Regulation DS 43. | Environmental processing | Assets | - | - | 4 | 12-31-2025 | |||||||||||||||||||||
| SIT S.A. | 03-T012900 - Reinforced Concrete Walls in Fields 6 and 12 | Undertake all civil works necessary to elevate the outside wall of field 6 to 2.1 meters to prevent product seepage between piles. | Sustainability: Environment and Risk Prevention | Assets | 9 | - | - | 06-30-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 01-I082500 - Implementation of environmental commitments EIA Llamara, year 2024. | Implementation of environmental commitments EIA Llamara, year 2024. | Sustainability: Environment and Risk Prevention | Assets | 97 | - | 659 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-A014700 - Analytical Development Equipment 2024. | Analytical Development Equipment 2024. | Sustainability: Environment and Risk Prevention | Assets | - | 43 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-F000200 - Pampa Blanca Project Reopening – Mining/Conveyors | The project includes the reconstruction and repair of the Mine Operations Centers that treat the leaching process solutions, install the conveyor solutions at the Pampa Blanca site. | Sustainability: Environment and Risk Prevention | Assets | - | 176 | - | 06-30-2025 | |||||||||||||||||||||
| Subtotal | 151 | 1,038 | 813 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Industrial S.A. | 04-F001000 - PB commitments and regularization | Obtaining sectoral permits for PB site | Environmental processing | Expense | 27 | 32 | 60 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-G000700 - Pampa Orcoma Seawater Impulsion | Develop a 400 l/s seawater impulsion system for Pampa Orcoma. | Sustainability: Environment and Risk Prevention | Assets | - | 5,475 | - | 03-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-I055800 - Elena 13 Energy Modificaton | The project consists of removing power lines and posts. | Sustainability: Environment and Risk Prevention | Assets | - | 73 | 56 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-I080800 - Implementation of environmental commitments, Tente en el Aire Project 2024-2025. | Implementation of environmental commitments, Tente en el Aire Project 2024-2025. | Sustainability: Environment and Risk Prevention | Assets | 448 | 2,040 | 1,311 | 12-31-2026 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-I082700 - Construction of TEA Solar Evaporation Ponds. | Construcción Pozas de Evaporación Solar TEA. | Sustainability: Environment and Risk Prevention | Assets | - | 582 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J013500 - Handling of equipment associated with PCBs | This project consists of dealing with all the oils and components that contain 50ppm or more of Polychlorobiphenyls (PCB) by 2025 at the latest. | Sustainability: Environment and Risk Prevention | Assets | - | - | 276 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J015800 - Other 2019 industry regularizations | The project will prepare and process sectorial permits for favorable reports to construct in Coya Sur (CS). | Sustainability: Environment and Risk Prevention | Expense | 1 | 39 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J022700 - DIA integration of Coya Sur site | The project consists of the preparation and processing of an Environmental Impact Declaration (DIA) to extend the useful life of the NPT2 plant and incorporate fuel with KNO3. Prepare and process a DIA for the expansion and updating of Coya Sur. | Sustainability: Environment and Risk Prevention | Expense | 2 | 149 | 178 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J022800 - Light pollution adjustment (DS 43) INDUSTRIAL | The project considers the installation and standardization of Coya Sur and María Elena lighting fixtures. | Sustainability: Environment and Risk Prevention | Assets | 124 | 324 | 163 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J023700 - Regularization Hazardous Substances Decree SQM Industrial | The project involves improving the hazardous substance pond facilities at CS and improvements to the hazardous substance storage facilities at CS and ME, in accordance with the Adaptation Plan for Hazardous Substances Regulation DS 43 | Environmental processing | Assets | - | 20 | - | 06-30-2025 | |||||||||||||||||||||
| Subtotal | 602 | 8,734 | 2,044 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J028700 Implementation of electromobility pilot project for the transportation of people | A light electric vehicle pilot project to compile experiences and gather operational data and strategic designs to determine the requirements for a future implementation of a vehicle fleet. Control of variables including autonomy, charge times, vehicle wear and tear, user experience and driving safety. | Sustainability: Environment and Risk Prevention | Assets | - | 3 | 66 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J031700 - Standardization of Prilling and Drying Plant as per DS-43 and RCA | Switching of lights in the prilling and drying plants to comply with DS43 requirements. | Sustainability: Environment and Risk Prevention | Assets | - | 52 | 7 | 12-31-2025 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J039600 - Energy Efficiency in CS - Audits, Energy Performance Measurement and Studies. | Energy Efficiency in CS - Audits, Energy Performance Measurement and Studies. | Sustainability: Environment and Risk Prevention | Expense | - | 8 | 329 | 12-31-2026 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-J040700 - Historical waste management NY. | Historical waste management NY. | Sustainability: Environment and Risk Prevention | Assets | 54 | 76 | 1,665 | 12-31-2027 | |||||||||||||||||||||
| SQM Industrial S.A. | 04-S035500 - Field and Prefeasibility Studies Green NH3 Project | FEL 1 profile study for ThUS$200, field studies for ThUS$75 and a prefeasibility study for an estimated amount of ThUS$250 | Environmental processing | Assets | 6 | 558 | 11 | 12-31-2025 | |||||||||||||||||||||
| SQM Nitratos S.A. | 12-F000400 - Reopening of Pampa Blanca Project - Mine workshop | The project involves of the reopening the mine facilities of the mining project. | Sustainability: Environment and Risk Prevention | Assets | - | 77 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Nitratos S.A. | 12-I061800 - Construction of RINP Waste Collection Sites | The project will commission two non-hazardous waste collection sites, one at the TEA Mine and the other at Entorno Nueva Victoria. | Sustainability: Environment and Risk Prevention | Assets | - | 34 | 15 | 12-31-2025 | |||||||||||||||||||||
| SQM Nitratos S.A. | 12-I079600 - Implementation of Archaeological Measures 2024. | Implementation of Archaeological Measures 2024. | Environmental processing | Assets | 380 | 2,438 | 8 | 12-31-2025 | |||||||||||||||||||||
| Orcoma Spa | 16-I039100 - Sectoral Permits and compliance EIA Orcoma Project | The project consists of obtaining sectoral and environmental sectoral permits for the Orcoma Project. | Environmental processing | Expense | 4 | 65 | - | 06-30-2025 | |||||||||||||||||||||
| Subtotal | 444 | 3,311 | 2,101 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Salar SpA | 19-A014900 - M1 and lithium chemical plant digitalization | M1 and lithium chemical plant digitalization | Sustainability: Environment and Risk Prevention | Expense | 624 | 2,212 | 44 | 06-01-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C012800 - Capture of CO2 | This project consists of taking advantage of CO2 emissions for the production and/or purification of Lithium Carbonate. | Sustainability: Environment and Risk Prevention | Assets | 6 | 866 | 31 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C013700 - Thermosolar plant study | This project consists of evaluating thermal solar energy use in VPOPL operations as a replacement to fossil fuels. | Sustainability: Environment and Risk Prevention | Expense | - | - | 18 | 09-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C014600 - Support and Improvements to Plant Electrical Circuits and Lighting | The project consists of improving lighting in the Lithium Carbonate plant, improving electrical circuits, updating them and improving the lights. | Sustainability: Environment and Risk Prevention | Assets | - | 5 | 54 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C016500 - Pond flowmeters and levels | This project takes responsibility for an opportunity to improve the speed of data analysis and efficiency in decision-making. | Sustainability: Environment and Risk Prevention | Assets | - | 23 | 52 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C018500 - PCA maintenance | PCA maintenance | Sustainability: Environment and Risk Prevention | Assets | 16 | - | 29 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C018600 - Facility Improvements, Automation and control | The project will automate the control systems for monitoring the Lithium Carbonate plant. | Sustainability: Environment and Risk Prevention | Assets | 1 | 8 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C023000 - Structural modification and compliance with standard DS43 | Comply with DS43 through structural modifications and union of both warehouses, installation of new ventilation points, certifications and engineering at the Carmen Chemical Plant | Environmental processing | Assets | - | - | 13 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C023500 - Compliance with standard DS594 - Li2CO3 and modification of PT construction | Comply with DS594 through structural modifications that allow the facilities to provide the sanitary conditions to support the increase in staffing at the El Carmen Lithium Chemical Plant. | Sustainability: Environment and Risk Prevention | Assets | - | 114 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C023800 - Installation and structural adaptations L3 - DS43 | Comply with DS43 through structural, electrical and access modifications and the creation of rack support for satellite carts at the Carmen Chemical Plant. | Sustainability: Environment and Risk Prevention | Assets | - | 123 | 2 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C024200 - Water and energy meters - pilot plants | Water and energy meters - pilot plants | Sustainability: Environment and Risk Prevention | Assets | - | 64 | - | 03-31-2025 | |||||||||||||||||||||
| Subtotal | 647 | 3,415 | 243 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Salar SpA | 19-C026700 - Implementation of L1-L2-L3 LiOH flowmeters | Implementation of L1-L2-L3 LiOH flowmeters | Sustainability: Environment and Risk Prevention | Assets | - | 311 | 59 | 09-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L024200 - Environmental and Operational Risk Analysis Study of Salar de Atacama | Environmental and Operational Risk Analysis Study of Salar de Atacama | Sustainability: Environment and Risk Prevention | Expense | - | - | 29 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L025300 - Compliance with | The regularization of the potable water system and the sewage disposal of the sewage disposal system | Sustainability: Environment and Risk Prevention | Assets | 213 | 26 | - | 03-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L031300 - Global FM Compliance for Maintenance Area | This considers generating protection and backup systems to ensure reliable operation of medium voltage equipment. | Environmental processing | Assets | - | 11 | 37 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L035200 - Environmental and personal risk prevention | Environmental and personal risk prevention | Sustainability: Environment and Risk Prevention | Assets | 13 | 45 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L035600 - Energize the P reservoir wells with a medium voltage supply | This project will migrate from using generators to supply electricity, to using a medium voltage supply that can continuously support the wells. | Sustainability: Environment and Risk Prevention | Assets | - | 23 | - | 03-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L042400 - SdA Sustainability - Solar Energy | The project will install solar systems, renewable energy systems and reduce consumption by implementing energy efficiency systems. | Sustainability: Environment and Risk Prevention | Assets | - | - | 3 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L042900 - Organization, Removal and Cleaning of SdA Industrial Waste Deposit | Organization, Removal and Cleaning of Salar de Atacama Industrial Waste Deposit. | Sustainability: Environment and Risk Prevention | Assets | - | - | 190 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L045100 - Salt-brine interface position | Experimental testing of a new method for determining the salt-brine interface position. | Sustainability: Environment and Risk Prevention | Expense | 196 | 1 | 3 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L045400 - New DLE technologies | Monitor new direct lithium extraction (DLE) technologies that resolve the new challenges and demands, which include solvent extraction, ion exchange, adsorption and nanofiltration | Environmental processing | Assets | 1 | 41 | 360 | 12-31-2025 | |||||||||||||||||||||
| Subtotal | 423 | 458 | 681 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Salar SpA | 19-L045600 - Brine Water Reclamation Project Phase II | Design, build and operate a pilot plant that uses solar energy to evaporate SQM brine, which can recover at least 90% of the evaporated water and comply with the chemical specifications that apply to the water and the concentrated brine | Environmental processing | Assets | - | - | 382 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L046700 - Industrial waste management and peripheral cleaning of storage RI SdA | Manage the tire removal contract for disposal at sites authorized by resolution. Provide machines to clean the waste storage periphery and keep it in suitable environmental condition | Sustainability: Environment and Risk Prevention | Expense | - | 251 | 7 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L046800 - Transfer of non-hazardous material to waste dump using boom truck | Provide a boom truck service to remove non-hazardous industrial waste from generating areas. | Sustainability: Environment and Risk Prevention | Expense | - | 215 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L047700 - Expansion of the Salar de Atacama Interplant camp | Expansion of the Salar de Atacama Interplant camp | Sustainability: Environment and Risk Prevention | Assets | 1 | 80 | 1,151 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L048200 - Lithium mitigation project | Over 10,000 native trees would be needed to mitigate the emissions generated by transport between the Salar de Atacama and the El Carmen Chemical Plant. These trees would help absorb and offset CO2 emissions and reduce the environmental impact of this transport. | Environmental processing | Expense | - | 113 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L048500 - Andino paddle courts | Provide the Andean camp with 2 paddle tennis courts | Sustainability: Environment and Risk Prevention | Assets | - | - | 4 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L048600 - Andean camp electrical certification | Modify the electrical system for the penultimate stage of the blocks to achieve SEC certification | Environmental processing | Expense | - | - | 32 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L052900 - VFD (variable frequency drive) installation to wells and SSDD with PS or direct start | VFD (variable frequency drive) installation to wells and SSDD with PS or direct start | Sustainability: Environment and Risk Prevention | Assets | 22 | 292 | 166 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-L053600 - Semi-trailer with electric water tank | Semi-trailer with electric water tank | Sustainability: Environment and Risk Prevention | Assets | - | 185 | - | 03-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S013400 - Online monitoring | The project involves showing information online regarding extractions and reinjections from the Salar. Additionally, it includes biotic and hydrogeological information to show authorities and the community the actions implemented by SQM for the environmental variable it has committed to. | Sustainability: Environment and Risk Prevention | Expense | - | 12 | - | 06-30-2025 | |||||||||||||||||||||
| Subtotal | 23 | 1,148 | 1,742 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements | Parent Company or Subsidiary | Project | Disbursement description | Reason for Disbursement | Asset / Expense | Amount disbursed during the year ended March 31, 2025 | Amount disbursed during the year ended December 31, 2024 | Future amount to be disbursed | Exact or Estimated Date of Disbursement | |||||||||||||||||||||
| SQM Salar SpA | 19-S016500 - Incorporation of Artificial Intelligence prediction models | Incorporation of Artificial Intelligence prediction models | Sustainability: Environment and Risk Prevention | Assets | - | - | 7 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S021500 - SK Improvements -1300 2021 | The project includes improvements to practices and reportability under the SK-1300 international standard to maintain the standard for audits and to fulfill annual SEC requirements | Environmental processing | Expense | - | 1 | 3 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S024200 - LCA Lithium Upgrade | The project consists of developing an LCA to understand the water footprint, considering the need to validate this information with third parties. | Sustainability: Environment and Risk Prevention | Expense | - | - | 28 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S024700 - Development of tool for monthly meteorological data reporting committed in the community development plan | Development of tool for monthly meteorological data reporting committed in the community development plan | Sustainability: Environment and Risk Prevention | Expense | - | - | 50 | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S025600 - Maintenance workshop and warehouse infrastructure improvements project - ISO 14:001 2015 standardization | Maintenance workshop and warehouse infrastructure improvements project - ISO 14:001 2015 standardization | Sustainability: Environment and Risk Prevention | Assets | 39 | 13 | - | 06-30-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S036200 - Tilopozo studies and analysis of variables | Tilopozo studies and analysis of variables | Sustainability: Environment and Risk Prevention | Assets | - | 61 | 49 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-S037800 - Sustainability Fund 2024 | Miscellaneous expenses related to the development of projects in the area of Sustainability in 2024. | Sustainability: Environment and Risk Prevention | Expense | - | 459 | 1,596 | 12-31-2025 | |||||||||||||||||||||
| SQM Salar SpA | 19-C035100 - Detail engineering and construction and recovery of heat dryers | Detail engineering and construction and recovery of heat dryers | Sustainability: Environment and Risk Prevention | Assets | - | - | 160 | 12-31-2026 | |||||||||||||||||||||
| SQM Salar SpA | 19-C039200 - Purchase and installation of automatic sifting machine | Purchase and installation of automatic sifting machine | Sustainability: Environment and Risk Prevention | Assets | 491 | - | 949 | 12-31-2025 | |||||||||||||||||||||
| Subtotal | 530 | 534 | 2,842 | ||||||||||||||||||||||||||
| Total | 8,464 | 47,153 | 38,832 | ||||||||||||||||||||||||||
Notes to the Consolidated Interim Financial Statements