Its roles Owner Investor / Financier
Sociedad Quimica y Minera de Chile S.A. is a major Chilean chemical and mining company specializing in the extraction and production of lithium, iodine, and potassium-based products. Headquartered in Santiago, the company primarily operates in the Atacama region of Chile, utilizing brine from salt flats to produce lithium carbonate and hydroxide, which are critical for the electric vehicle battery industry.
In addition to lithium, SQM produces potassium nitrate used in fertilizers and specialty applications, as well as iodine for pharmaceuticals and other uses. The company has expanded its operations internationally, including through joint ventures such as the one with Wesfarmers in Australia for the Mt Holland lithium project via Covalent Lithium.
SQM is publicly listed on the NYSE and is one of the top global suppliers of lithium chemicals. It plays a significant role in the lithium supply chain, supporting the transition to sustainable energy. The company focuses on sustainable mining practices in its Chilean operations and maintains a strong position in the specialty chemicals market.
chemXplore tracks 1 project involving SQM, of which one is active.
Expansion doubles spodumene output to 760,000 tpa, adds ore-sorting recovery of ~3 Mt over the life, Wesfarmers’ capex $645–715M; construction H2 2027, first expanded volumes H1 2030.
active all projects
