XML 65 R49.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Other current and non-current non-financial assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Other Current And Non-Current Non-Financial Assets |
Schedule of other current and non-current non-financial assets | As of December 31, 2023, and 2022, the detail of “Other Current and Non-current Assets” is as follows:
Other non-financial assets, current |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Domestic Value Added Tax |  | 63,973 |  |  | 81,361 |
Foreign Value Added Tax |  | 24,889 |  |  | 66,926 |
Prepaid mining licenses |  | 1,299 |  |  | 1,122 |
Prepaid insurance |  | 15,022 |  |  | 33,896 |
Other prepayments |  | 3,204 |  |  | 1,230 |
Refund of Value Added Tax to exporters |  | 19,929 |  |  | 3,020 |
Other taxes |  | 6,142 |  |  | 7,512 |
Other assets |  | 2,292 |  |  | 1,268 |
Total |  | 136,750 |  |  | 196,335 |
Other non-financial assets, non-current |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Exploration and evaluation expenses |  | 57,458 |  |  | 44,023 |
Guarantee deposits |  | 950 |  |  | 717 |
Foreign VAT (1) |  | 308,084 |  | —
Other non-current assets |  | 7,208 |  |  | 7,656 |
Total |  | 373,700 |  |  | 52,396 |
________________________________________________ (1) Value-added taxes to be recovered from the commercial office of SQM Shanghai Chemicals Co. Ltd., where that recovery is expected to take longer than 12 months.
Schedule of changes in assets for exploration and mineral resource evaluation | Movements in assets for the exploration and evaluation of mineral resources as of December 31, 2023, and 2022:
Reconciliation |  | As of December 31, 2023 |  | As of December 31, 2022 |  | As of December 31, 2021
|  | ThUS$ |  | ThUS$ |  | ThUS$
Opening balance |  | 44,023 |  |  | 26,752 |  |  | 17,883 |
Changes |  |  |  |  |  |
Additions |  | 12,002 |  |  | 11,341 |  |  | 8,071 |
Reclassifications from/to short-term (inventory) |  | 1,049 |  |  | (465) |  |  | 83 |
Amortization of ground studies |  | (2,131) |  |  | (2,421) |  |  | (1,360) |
Reclassification from construction in progress |  | 2,515 |  |  | 8,816 |  |  | 2,075 |
Total changes |  | 13,435 |  |  | 17,271 |  |  | 8,869 |
Ending balance (*) |  | 57,458 |  |  | 44,023 |  |  | 26,752 |
As of December 31, 2023 and 2022, no reevaluations of assets for exploration and assessment of mineral resources have been conducted. (*) This corresponds to the sum of expenditures for economically feasible exploration and exploration under operation (long-term).
Schedule of exploration and evaluation explanatory |
Explorations in execution |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Chile |  | 9,062 |  |  | 3,699 |
Total |  | 9,062 |  |  | 3,699 |
Schedule of detailed information about conciliation of explorations in execution |
Conciliation of explorations in execution |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Opening balance |  | 3,699 |  |  | 1,000 |
Disbursements |  | 6,095 |  |  | 4,227 |
Reclassifications |  | (732) |  |  | (1,528) |
Total changes |  | 5,363 |  |  | 2,699 |
Total |  | 9,062 |  |  | 3,699 |
Schedule of detailed information about reimbursements for exploration and evaluation |
Prospecting |  | Type of Exploration |  | As of December 31, 2023 |  | As of December 31, 2022
|  |  |  | ThUS$ |  | ThUS$
Chile (1) |  | Metallic/Non-Metallic |  | 50,844 |  |  | 36,327 |
Total |  |  |  | 50,844 |  |  | 36,327 |
________________________________________________ (1)The value presented for Chile is composed as of December 2023 of ThUS 13,803 corresponding to non-metallic exploration and evaluation and ThUS$ 37,041 associated with metallic exploration. In December 2022, the amounts of non-metallic and metallic exploration were ThUS$ 11,417 ThUS$24,910.
Schedule of detailed information about reconciliation of economically feasible metalic explorations |
Prospecting conciliation |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Opening balance |  | 36,327 |  |  | 18,154 |
Additions |  | 12,002 |  |  | 11,341 |
Reclassifications from Exploration in execution – Chile |  | 2,515 |  |  | 8,864 |
Reclassifications to Exploration in Exploitation-Chile |  | — |  |  | (2,032) |
Total changes |  | 14,517 |  |  | 18,173 |
Total |  | 50,844 |  |  | 36,327 |
Schedule of detailed information about short term and long term exploitation conciliation |
Short-Term Exploitation Conciliation |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Opening balance |  | 1,700 |  |  | 1,235 |
Amortization of ground studies |  | — |  |  | — |
Reclasifications from/to short term (inventories) |  | (1,049) |  |  | 465 |
Total changes |  | (1,049) |  |  | 465 |
Total |  | 651 |  |  | 1,700 |
Long-Term Exploitation Conciliation |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Opening balance |  | 7,696 |  |  | 8,598 |
Amortization of ground studies |  | (2,131) |  |  | (2,421) |
Reclasifications from/to short term (inventories) |  | 1,049 |  |  | 1,519 |
Total changes |  | (1,082) |  |  | (902) |
Total |  | 6,614 |  |  | 7,696 |

X
- Definition Disclosure of detailed information about conciliation of explorations in execution explanatory. + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutConciliationOfExplorationsInExecutionExplanatoryTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about other current and non-current non-financial assets [Text Block] + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutOtherCurrentAndNonCurrentNonFinancialAssetsTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about reconciliation of economically feasible metalic explorations explanatory. + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutReconciliationOfEconomicallyFeasibleMetalicExplorationsExplanatoryTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about reimbursements for exploration and evaluation explanatory. + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutReimbursementsForExplorationAndEvaluationExplanatoryTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about short term and long term exploitation conciliation explanatory. + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutShortTermAndLongTermExploitationConciliationExplanatoryTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of disbursements for exploration and evaluation explanatory. + References No definition available. + Details
Name: | sqm_DisclosureOfDisbursementsForExplorationAndEvaluationExplanatoryTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of reconciliation of changes in assets for exploration and mineral resource evaluation [Text Block] + References No definition available. + Details
Name: | sqm_DisclosureOfReconciliationOfChangesInAssetsForExplorationAndMineralResourceEvaluationTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other Current And Non-Current Non-Financial Assets + References No definition available. + Details
Name: | sqm_OtherCurrentAndNonCurrentNonFinancialAssets
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration