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Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2020

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 period ending
Joint venture	Description of the nature of the relationship	Domicile	Country of incorporation	Share of interest in ownership			As of December 31, 2020		As of December 31, 2019		As of December 31, 2018
							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, 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	%		2,223		-		-
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								2,223		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 for the period ending
Joint venture	Description of the nature of the relationship	Domicile	Country of incorporation	Share of interest in ownership (*)			As of December 31, 2020		As of December 31, 2019		As of December 31, 2018
							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	Peru		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, 2020 (****)		As of December 31, 2019 (****)		As of December 31, 2018 (****)		As of December 31, 2020			As of December 31, 2019			As of December 31, 2018
	ThUS$		ThUS$		ThUS$		ThUS$			ThUS$			ThUS$
Coromandel SQM India (*)		-		1,568		1,729		-			(98	)		174
SQM Vitas Fzco.		9,720		9,111		20,202		2,010			1,797			1,781
SQM Qingdao Star Corp Nutrition Co. Ltd. (*)		-		3,464		3,168		83			296			188
SQM Vitas B.V.		-		1,304		1,345		-			(15	)		(14	)
Minera Exar S.A. (1)		-		-		-		-			-			(206	)
Pavoni & C. Spa		7,222		6,864		7,084		9			36			(39	)
Covalent Lithium Pty Ltd. (**)		-		40		53		-			-			36
Sichuan SQM Migao Chemical Fertilizers Co Ltd. (***)		9,028		1,992		1,992		(280	)		(632	)		(650	)
Total		25,970		24,343		35,573		1,822			1,384			1,270

	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	As of December 31, 2020			As of December 31, 2019			As of December 31, 2018			As of December 31, 2020			As of December 31, 2019			As of December 31, 2018
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$
Coromandel SQM India (*)		-			(38	)		(159	)		-			(136	)		15
SQM Vitas Fzco.		(1,469	)		437			(903	)		541			2,234			878
SQM Qingdao Star Corp Nutrition Co. Ltd. (*)		-			-			-			83			296			188
SQM Vitas B.V.		-			(27	)		(70	)		-			(42	)		(84	)
Minera Exar S.A. (1)		-			-			-			-			-			(206	)
Pavoni & C. Spa		349			(255	)		70			358			(219	)		31
Covalent Lithium Pty Ltd. (**)		16			(13	)		-			16			(13	)		36
Sichuan SQM Migao Chemical Fertilizers Co Ltd. (***)		-			-			-			(280	)		(632	)		(650	)
Total		(1,104	)		104			(1,062	)		718			1,488			208

(*) As of December 31, 2020, these investments were no longer part of the group, see note 9.2 (a).

(**) As of December 31, 2020, this joint venture has a negative value of ThUS$ (92), which is presented in Other non-current provisions.

(***) See subsequent events in Notes 9.2 and 29.2.

(****) These investments include adjustments for unrealized gains.

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, 2020		As of December 31, 2019		As of December 31, 2018		As of December 31, 2020		As of December 31, 2019		As of December 31, 2018
	ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$
SQM Vitas Brasil Agroindustria (1)		3,511		5,347		5,915		1,018		564		1,439
SQM Vitas Perú S.A.C. (1)		1,659		1,955		2,671		660		211		(275	)
Arpa Speciali S.R.L. (2) (*)		-		92		62		-		31		(44	)
Total		5,170		7,394		8,648		1,678		806		1,120

	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	As of December 31, 2020			As of December 31, 2019			As of December 31, 2018			As of December 31, 2020			As of December 31, 2019		As of December 31, 2018
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$		ThUS$
SQM Vitas Brasil Agroindustria (1)		(1,469	)		(225	)		(792	)		(451	)		339		647
SQM Vitas Perú S.A.C. (1)		-			661			(112	)		660			872		(387	)
Arpa Speciali S.R.L. (2) (*)		-			(1	)		-			-			30		(44	)
Total		(1,469	)		435			(904	)		209			1,241		216

The following companies are subsidiaries of:

(1)

SQM Vitas Fzco.

(2)

Pavoni & C. Spa

Disclosure of assets,liabilities,revenue and expenses from joint venure explanatory [Text Block]

	As of December 31, 2020									For the period ended December 31, 2020
	Assets					Liabilities						Gain (loss) from continuing			Other 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.		29,507			4,412		14,156		-		9		(562	)		-			(562	)
Coromandel SQM India		-			-		-		-		-		-			-			-
SQM Vitas Fzco.		(496	)		20,431		496		-		-		4,019			-			4,019
SQM Qingdao Star Corp Nutrition Co. Ltd.		-			-		-		-		-		-			-			-
SQM Vitas Brasil Agroindustria		40,064			5,527		33,410		-		78,960		2,036			(2,938	)		(902	)
SQM Vitas Perú S.A.C.		34,548			7,928		33,145		1,080		37,591		1,319			-			1,319
Pavoni & C. Spa		10,645			7,493		9,270		836		15,958		16			698			714
Covalent Lithium Pty Ltd.		1,418			2,131		2,823		910		-		(232	)		33			(199	)
Total		115,686			47,922		93,300		2,826		132,518		6,596			(2,207	)		4,389

	As of December 31, 2019								For the period ended December 31, 2019
	Assets				Liabilities						Gain (loss) from continuing			Other 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		1		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 B.V.		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		29,498		92,712		7,162		151,030		4,318			(670	)		3,648

	As of December 31, 2018								For the period ended December 31, 2018
	Assets				Liabilities						Gain (loss) from continuing			Other 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 B.V.		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

	As of December 31, 2019								For the period ended December 31, 2019
	Assets				Liabilities						Gain (loss) from continuing			Other 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		1		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 B.V.		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		29,498		92,712		7,162		151,030		4,318			(670	)		3,648

	As of December 31, 2018								For the period ended December 31, 2018
	Assets				Liabilities						Gain (loss) from continuing			Other 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 B.V.		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, 2020		As of December 31, 2019		As of December 31, 2020		As of December 31, 2019		As of December 31, 2020		As of December 31, 2019
	ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$
Sichuan SQM Migao Chemical Fertilizers Co Ltd.		30		33		-		-		-		-
Coromandel SQM India		-		2,240		-		-		-		-
SQM Vitas Fzco.		4,251		3,071		-		-		-		-
SQM Qingdao Star Corp Nutrition Co. Ltd.		-		4,640		-		-		-		-
SQM Vitas B.V.		-		2,609		-		-		-		-
SQM Vitas Brasil Agroindustria		4,065		2,101		6,820		9,106		-		-
SQM Vitas Perú S.A.C.		1,043		225		227		258		691		895
Pavoni & C. Spa		767		314		5,573		5,509		-		-
Covalent Lithium Pty Ltd.		653		693		953		472		-		-
Total		10,809		15,926		13,573		15,345		691		895

	Depreciation and amortization expense for the period ending						Interest expense for the period ending						Income tax benefit (expense) for the period ending
Joint Venture	As of December 31, 2020			As of December 31, 2019			As of December 31, 2020			As of December 31, 2019			As of December 31, 2020			As of December 31, 2019
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$
Sichuan SQM Migao Chemical Fertilizers Co Ltd.		(394	)		(743	)		-			-			244			153
Coromandel SQM India		-			(291	)		-			(4	)		-			(27	)
SQM Vitas Fzco.		(1	)		-			(2	)		(7	)		-			-
SQM Qingdao Star Corp Nutrition Co. Ltd.		-			(62	)		-			-			-			(241	)
SQM Vitas B.V.		-			-			-			(1	)		-			-
SQM Vitas Brasil Agroindustria		(355	)		(33	)		(656	)		(1,176	)		(34	)		181
SQM Vitas Perú S.A.C.		(257	)		(287	)		(326	)		(435	)		(197	)		(316	)
Pavoni & C. Spa		(263	)		(149	)		(410	)		-			(120	)		(214	)
Covalent Lithium Pty Ltd.		(213	)		(126	)		(18	)		(32	)		714			-
Total		(1,483	)		(1,691	)		(1,412	)		(1,655	)		607			(464	)