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Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure Of Joint Ventures Explanatory [Abstract]  
Disclosure of detailed information about investments in joint ventures [Text Block]
9.3
         
Investment in joint ventures accounted for under the equity method of accounting
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends received
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the year
 
 
For the year
 
 
For the year
 
 
 
 Description of the nature
 
 
 
 
 
Country of
 
 
Share of interest
 
 
ended December
 
 
ended December
 
 
ended December
 
Joint venture
 
of the relationship
 
 
Domicile
 
 
incorporation
 
 
in ownership
 
 
31, 2019
 
 
31, 2018
 
 
31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
Production and distribution of soluble fertilizers.
 
 
 
Huangjing Road, Dawan Town, Qingbaijiang District, Chengdu Municipality, Sichuan Province
 
 
 
China
 
 
 
50%
 
 
 
-
 
 
 
-
 
 
 
-
 
Coromandel SQM India
 
 
Production and distribution of potassium nitrate.
 
 
 
1-2-10, Sardar Patel Road, Secunderabad – 500003 Andhra Pradesh
 
 
 
India
 
 
 
50%
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Fzco.
 
 
Production and commercialization of specialty plant and animal nutrition and industrial hygiene.
 
 
 
Jebel ALI Free Zone P.O. Box 18222, Dubai
 
 
 
United Arab Emirates
 
 
 
50%
 
 
 
10,598
 
 
 
-
 
 
 
-
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
Production and distribution of nutrient plant solutions with specialties NPK soluble.
 
 
 
Longquan Town, Jimo City, Qingdao Municipality, Shangdong Province
 
 
 
China
 
 
 
50%
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Holland
 
 
Without information production of specialized fertilizers and other products for distribution in Italy and other countries.
 
 
 
Herikerbergweg 238, 1101 CM Amsterdam Zuidoost
 
 
 
Holland
 
 
 
50%
 
 
 
-
 
 
 
-
 
 
 
-
 
Pavoni & C. Spa
 
 
products 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%
 
 
 
-
 
 
 
-
 
 
 
-
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
10,598
 
 
 
-
 
 
 
-
 
 
The companies described in the following table are related to the following joint ventures:
 
(1)
SQM Vitas Fzco.
 
(2)
Pavoni & C Spa
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends received
 
Joint venture
 
Description of the nature of the relationship
 
 
Domicile
 
 
Country of incorporation
 
 
Share of interest in ownership (*)
 
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year ended
‎
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
SQM Vitas Brasil Agroindustria (1)
 
 
Production and trading of specialty vegetable and animal nutrition and industrial hygiene.
 
 
 
Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia.
 
 
 
Brazil
 
 
 
49.99%
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Perú S.A.C. (1)
 
 
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
 
 
 
Perú
 
 
 
50%
 
 
 
-
 
 
 
-
 
 
 
-
 
Arpa Speciali S.R.L. (2)
 
 
Production of specialty fertilizers and others for distribution in Italy and other countries.
 
 
 
Mantova (MN) Via Cremona 27 Int. 25
 
 
 
Italy
 
 
 
50.48%
 
 
 
-
 
 
 
-
 
 
 
-
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
-
 
 
 
-
 
 
 
-
 
 
(*) The percentages presented correspond to the ownership used in the consolidation of the company.
Disclosure of reconciliation of summarised financial information of joint venture accounted for using equity method to carrying amount of interest in joint venture [text block]
 
 
Equity-accounted investees
 
 
Share in profit (loss) of associates and joint ventures

‎
accounted for using the equity method
 
Joint Venture
 
As of December

‎
31, 2019
 
 
As of December

‎
31, 2018
 
 
As of December

‎
31, 2017
 
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
1,992
 
 
 
1,992
 
 
 
11,444
 
 
 
(632
)
 
 
(650
)
 
 
(535
)
Coromandel SQM India
 
 
1,568
 
 
 
1,729
 
 
 
1,633
 
 
 
(98
)
 
 
174
 
 
 
165
 
SQM Vitas Fzco.
 
 
9,111
 
 
 
20,202
 
 
 
19,478
 
 
 
1,797
 
 
 
1,781
 
 
 
1,502
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
3,464
 
 
 
3,168
 
 
 
2,980
 
 
 
296
 
 
 
188
 
 
 
361
 
SQM Vitas Holland
 
 
1,304
 
 
 
1,345
 
 
 
1,429
 
 
 
(15
)
 
 
(14
)
 
 
(18
)
Minera Exar S.A. (1)
 
 
-
 
 
 
-
 
 
 
33,065
 
 
 
-
 
 
 
(206
)
 
 
(27
)
Pavoni & C. Spa
 
 
6,864
 
 
 
7,084
 
 
 
-
 
 
 
36
 
 
 
(39
)
 
 
-
 
Covalent Lithium Pty Ltd.
 
 
40
 
 
 
53
 
 
 
-
 
 
 
-
 
 
 
36
 
 
 
-
 
Total
 
 
24,343
 
 
 
35,573
 
 
 
70,029
 
 
 
1,384
 
 
 
1,270
 
 
 
1,448
 
 
 
 
 
 
 
 
 
Share on other comprehensive income of associates

‎
and joint ventures accounted for using the equity

‎
method, net of tax
 
 
Share on total other comprehensive income of

‎
associates and joint ventures accounted for using

‎
the equity method
 
Joint Venture
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(631
)
 
 
(650
)
 
 
(535
)
Coromandel SQM India
 
 
(38
)
 
 
(159
)
 
 
-
 
 
 
(136
)
 
 
15
 
 
 
165
 
SQM Vitas Fzco.
 
 
437
 
 
 
(903
)
 
 
(5
)
 
 
2,234
 
 
 
878
 
 
 
1,497
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
-
 
 
 
-
 
 
 
-
 
 
 
296
 
 
 
188
 
 
 
361
 
SQM Vitas Holland
 
 
(27
)
 
 
(70
)
 
 
-
 
 
 
(42
)
 
 
(84
)
 
 
(18
)
Minera Exar S.A. (1)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(206
)
 
 
(27
)
Pavoni & C. Spa
 
 
(255
)
 
 
70
 
 
 
-
 
 
 
(219
)
 
 
31
 
 
 
-
 
Covalent Lithium Pty Ltd.
 
 
(13
)
 
 
-
 
 
 
-
 
 
 
(13
)
 
 
36
 
 
 
-
 
Total
 
 
104
 
 
 
(1,062
)
 
 
(5
)
 
 
1,489
 
 
 
208
 
 
 
1,443
 
 
 
 
 
 
(1)
     
Minera Exar S.A. was sold in December 2018,
 
The amounts described in the following box represent numbers used in the consolidation of the company:
 
 
 
Equity-accounted investees
 
 
Share in profit (loss) of associates and joint ventures

‎
accounted for using the equity method
 
Joint Venture
 
As of December

‎
31, 2019
 
 
As of December

‎
31, 2018
 
 
As of December

‎
31, 2017
 
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
SQM Vitas Brasil Agroindustria (1)
 
 
5,347
 
 
 
5,915
 
 
 
11,003
 
 
 
564
 
 
 
1,439
 
 
 
1,753
 
SQM Vitas Perú S.A.C. (1)
 
 
1,955
 
 
 
2,671
 
 
 
5,961
 
 
 
211
 
 
 
(275
)
 
 
(216
)
SQM Vitas Plantacote B.V. (2)
 
 
-
 
 
 
-
 
 
 
669
 
 
 
-
 
 
 
-
 
 
 
(1
)
Arpa Speciali S.R.L. (2)
 
 
92
 
 
 
62
 
 
 
-
 
 
 
31
 
 
 
(44
)
 
 
-
 
Total
 
 
7,394
 
 
 
8,648
 
 
 
17,633
 
 
 
806
 
 
 
1,120
 
 
 
1,536
 
 
 
 
 
 
 
 
 
Share on other comprehensive income of associates

‎
and joint ventures accounted for using the equity

‎
method, net of tax
 
 
Share on total other comprehensive income of

‎
associates and joint ventures accounted for using

‎
the equity method
 
Joint Venture
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
For the year

‎
ended December

‎
31, 2019
 
 
For the year

‎
ended December

‎
31, 2018
 
 
For the year

‎
ended December

‎
31, 2017
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
SQM Vitas Brasil Agroindustria (1)
 
 
(225
)
 
 
(792
)
 
 
(51
)
 
 
338
 
 
 
647
 
 
 
826
 
SQM Vitas Perú S.A.C. (1)
 
 
661
 
 
 
(112
)
 
 
-
 
 
 
872
 
 
 
(387
)
 
 
(108
)
SQM Vitas Plantacote B.V. (2)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1
)
Arpa Speciali S.R.L. (2)
 
 
(1
)
 
 
-
 
 
 
-
 
 
 
30
 
 
 
(44
)
 
 
-
 
Total
 
 
435
 
 
 
(904
)
 
 
(51
)
 
 
1.240
 
 
 
216
 
 
 
717
 
 
 
 
 
 
Disclosure of assets,liabilities,revenue and expenses from joint venure explanatory [Text Block]
9.4    Assets, liabilities, revenue and expenses from joint ventures:
 
 
 
As of and for the year ended December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) from
 
 
Other
 
 
 
 
 
 
Assets
 
 
Liabilities
 
 
 
 
 
continuing
 
 
comprehensive
 
 
Comprehensive
 
Joint Venture
 
Current
 
 
Non-current
 
 
Current
 
 
Non-current
 
 
Revenue
 
 
operations
 
 
income
 
 
 
income
 
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
28,668
 
 
 
5,129
 
 
 
13,472
 
 
 
-
 
 
 
7
 
 
 
(1,262
)
 
 
-
 
 
 
(1,262
)
Coromandel SQM India
 
 
4,504
 
 
 
633
 
 
 
1,704
 
 
 
-
 
 
 
8,197
 
 
 
(197
)
 
 
(77
)
 
 
(274
)
SQM Vitas Fzco.
 
 
9,695
 
 
 
20,014
 
 
 
1,136
 
 
 
-
 
 
 
36
 
 
 
3,595
 
 
 
(876
)
 
 
2,719
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
7,534
 
 
 
26
 
 
 
632
 
 
 
-
 
 
 
12,003
 
 
 
592
 
 
 
-
 
 
 
592
 
SQM Vitas Holland
 
 
2,609
 
 
 
-
 
 
 
2
 
 
 
-
 
 
 
-
 
 
 
(30
)
 
 
(53
)
 
 
(83
)
SQM Vitas Brasil Agroindustria
 
 
46,118
 
 
 
7,299
 
 
 
40,334
 
 
 
-
 
 
 
87,901
 
 
 
1,128
 
 
 
(451
)
 
 
677
 
SQM Vitas Perú S.A.C.
 
 
29,452
 
 
 
8,378
 
 
 
24,855
 
 
 
6,044
 
 
 
28,590
 
 
 
421
 
 
 
1,322
 
 
 
1,743
 
Pavoni & C. Spa
 
 
9,444
 
 
 
7,074
 
 
 
8,466
 
 
 
735
 
 
 
14,296
 
 
 
71
 
 
 
(510
)
 
 
(439
)
Covalent Lithium Pty Ltd.
 
 
1,616
 
 
 
958
 
 
 
2,111
 
 
 
383
 
 
 
-
 
 
 
-
 
 
 
(25
)
 
 
(25
)
Total
 
 
139,640
 
 
 
49,511
 
 
 
92,712
 
 
 
7,162
 
 
 
151,030
 
 
 
4,318
 
 
 
(670
)
 
 
3,648
 
 
 
 
 
 
 
 
 
 
 
As of and for the year ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) from
 
 
Other
 
 
 
 
 
 
Assets
 
 
Liabilities
 
 
 
 
 
continuing
 
 
comprehensive
 
 
Comprehensive
 
Joint Venture
 
Current
 
 
Non-current
 
 
Current
 
 
Non-current
 
 
Revenue
 
 
operations
 
 
income
 
 
 
income
 
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
28,577
 
 
 
5,913
 
 
 
12,902
 
 
 
-
 
 
 
16
 
 
 
(1,301
)
 
 
-
 
 
 
(1,301
)
Coromandel SQM India
 
 
5,905
 
 
 
852
 
 
 
3,050
 
 
 
-
 
 
 
11,605
 
 
 
348
 
 
 
(318
)
 
 
30
 
SQM Vitas Fzco.
 
 
30,430
 
 
 
17,592
 
 
 
2,678
 
 
 
-
 
 
 
16,583
 
 
 
3,561
 
 
 
(1,806
)
 
 
1,755
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
7,754
 
 
 
114
 
 
 
1,533
 
 
 
-
 
 
 
13,004
 
 
 
377
 
 
 
-
 
 
 
377
 
SQM Vitas Holland
 
 
2,692
 
 
 
-
 
 
 
1
 
 
 
-
 
 
 
-
 
 
 
(28
)
 
 
(139
)
 
 
(167
)
SQM Vitas Brasil Agroindustria
 
 
36,648
 
 
 
7,566
 
 
 
31,808
 
 
 
-
 
 
 
82,625
 
 
 
2,879
 
 
 
(1,585
)
 
 
1,294
 
SQM Vitas Perú S.A.C.
 
 
22,365
 
 
 
7,785
 
 
 
18,996
 
 
 
5,966
 
 
 
28,619
 
 
 
(550
)
 
 
(223
)
 
 
(773
)
Pavoni & C. Spa
 
 
10,062
 
 
 
6,490
 
 
 
8,098
 
 
 
698
 
 
 
15,461
 
 
 
(79
)
 
 
140
 
 
 
61
 
Covalent Lithium Pty Ltd.
 
 
239
 
 
 
100
 
 
 
233
 
 
 
-
 
 
 
-
 
 
 
106
 
 
 
-
 
 
 
106
 
Total
 
 
144,672
 
 
 
46,412
 
 
 
79,299
 
 
 
6,664
 
 
 
167,913
 
 
 
5,313
 
 
 
(3,931
)
 
 
1,382
 
 
 
 
 
 
 
Disclosure of detailed information about other joint venture information explanatory [Text Block]
9.5
       
Other Joint Venture disclosures:
 
 
 
Cash and cash equivalents
 
 
Other current financial liabilities
 
 
Other non-current financial liabilities
 
Joint Venture
 
As of December
31, 2019
 
 
As of December
31, 2018
 
 
As of December
31, 2019
 
 
As of December
31, 2018
 
 
As of December
31, 2019
 
 
As of December
31, 2018
 
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
 
ThUS
$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
33
 
 
 
106
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Coromandel SQM India
 
 
2,240
 
 
 
308
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Fzco.
 
 
3,071
 
 
 
19,312
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
4,640
 
 
 
4,543
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Holland
 
 
2,609
 
 
 
2,692
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Brasil Agroindustria
 
 
2,101
 
 
 
1,869
 
 
 
9,106
 
 
 
13,380
 
 
 
-
 
 
 
-
 
SQM Vitas Perú S.A.C.
 
 
225
 
 
 
371
 
 
 
258
 
 
 
3,819
 
 
 
895
 
 
 
801
 
Pavoni & C. Spa
 
 
314
 
 
 
407
 
 
 
5,509
 
 
 
5,464
 
 
 
-
 
 
 
-
 
Covalent Lithium Pty Ltd.
 
 
693
 
 
 
156
 
 
 
472
 
 
 
-
 
 
 
-
 
 
 
-
 
Total
 
 
15,926
 
 
 
29,764
 
 
 
15,345
 
 
 
22,663
 
 
 
895
 
 
 
801
 
 
 
 
Depreciation and amortization expense
 
 
Interest expense
 
 
Income tax benefit (expense) from

‎
continuing operations
 
Joint Venture
 
For the year

‎
ended

‎
December

‎
31, 2019
 
 
For the year

‎
ended

‎
December

‎
31, 2018
 
 
For the year

‎
ended

‎
December

‎
31, 2017
 
 
For the year

‎
ended

‎
December

‎
31, 2019
 
 
For the year

‎
ended

‎
December

‎
31, 2018
 
 
For the year

‎
ended

‎
December

‎
31, 2017
 
 
For the year

‎
ended

‎
December

‎
31, 2019
 
 
For the year

‎
ended

‎
December

‎
31, 2018
 
 
For the year

‎
ended

‎
December

‎
31, 2017
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
 
 
(743
)
 
 
(948
)
 
 
(691
)
 
 
-
 
 
 
(1
)
 
 
(433
)
 
 
153
 
 
 
97
 
 
 
200
 
Coromandel SQM India
 
 
(291
)
 
 
445
 
 
 
-
 
 
 
(4
)
 
 
(9
)
 
 
(49
)
 
 
(27
)
 
 
(38
)
 
 
(44
)
SQM Vitas Fzco.
 
 
-
 
 
 
(509
)
 
 
(717
)
 
 
(7
)
 
 
(8
)
 
 
(16
)
 
 
-
 
 
 
-
 
 
 
-
 
SQM Qingdao Star Corp Nutrition Co. Ltd.
 
 
(62
)
 
 
(67
)
 
 
(64
)
 
 
-
 
 
 
-
 
 
 
(1
)
 
 
(241
)
 
 
(187
)
 
 
(195
)
SQM Vitas Holland
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(337
)
SQM Vitas Plantacote B.V.
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1
)
 
 
-
 
 
 
-
 
 
 
-
 
SQM Vitas Brasil Agroindustria
 
 
(33
)
 
 
(408
)
 
 
(438
)
 
 
(1,176
)
 
 
(886
)
 
 
(2,127
)
 
 
181
 
 
 
(117
)
 
 
-
 
SQM Vitas Perú S.A.C.
 
 
(287
)
 
 
(347
)
 
 
(82
)
 
 
(435
)
 
 
(425
)
 
 
(323
)
 
 
(316
)
 
 
(230
)
 
 
(362
)
Pavoni & C. Spa
 
 
(149
)
 
 
(542
)
 
 
-
 
 
 
-
 
 
 
(335
)
 
 
-
 
 
 
(214
)
 
 
-
 
 
 
-
 
Covalent Lithium Pty Ltd.
 
 
(126
)
 
 
(16
)
 
 
-
 
 
 
(32
)
 
 
(5
)
 
 
-
 
 
 
-
 
 
 
(46
)
 
 
-
 
Total
 
 
(1,691
)
 
 
(2,392
)
 
 
(1,992
)
 
 
(1,655
)
 
 
(1,669
)
 
 
(2,950
)
 
 
(464
)
 
 
(521
)
 
 
(738
)