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Related party disclosures (Table) | 12 Months Ended
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Dec. 31, 2024
Disclosure of transactions between related parties [abstract] |
Schedule of detailed information about related parties | As of December 31, 2024 and 2023, the detail of entities that are identified as subsidiaries or related parties of the SQM Group is as follows:
Tax ID No |  | Name |  | Country of origin |  | Functional currency |  | Nature
Foreign |  | Nitratos Naturais Do Chile Ltda. |  | Brazil |  | Dollar |  | Subsidiary
Foreign |  | SQM North America Corp. |  | United States |  | Dollar |  | Subsidiary
Foreign |  | SQM Europe N.V. (3) |  | Belgium |  | Dollar |  | Subsidiary
Foreign |  | Soquimich European Holding B.V. |  | Netherlands |  | Dollar |  | Subsidiary
Foreign |  | SQM Corporation N.V. |  | Curacao |  | Dollar |  | Subsidiary
Tax ID No |  | Name |  | Country of origin |  | Functional currency |  | Nature
Foreign |  | SQM Comercial De México S.A. de C.V. |  | Mexico |  | Dollar |  | Subsidiary
Foreign |  | North American Trading Company (4) |  | United States |  | Dollar |  | Subsidiary
Foreign |  | Administración y Servicios Santiago S.A. de C.V. |  | Mexico |  | Dollar |  | Subsidiary
Foreign |  | SQM Ecuador S.A. |  | Ecuador |  | Dollar |  | Subsidiary
Foreign |  | SQM Nitratos Mexico S.A. de C.V. |  | Mexico |  | Dollar |  | Subsidiary
Foreign |  | SQMC Holding Corporation. |  | United States |  | Dollar |  | Subsidiary
Foreign |  | SQM Investment Corporation N.V. |  | Curacao |  | Dollar |  | Subsidiary
Foreign |  | SQM Brasil Limitada |  | Brazil |  | Dollar |  | Subsidiary
Foreign |  | SQM France S.A. |  | France |  | Dollar |  | Subsidiary
Foreign |  | SQM Japan Co. Ltd. |  | Japan |  | Dollar |  | Subsidiary
Foreign |  | Royal Seed Trading Corporation A.V.V. (6) |  | Aruba |  | Dollar |  | Subsidiary
Foreign |  | SQM Oceania Pty Limited |  | Australia |  | Dollar |  | Subsidiary
Foreign |  | Rs Agro-Chemical Trading Corporation A.V.V. (5) |  | Aruba |  | Dollar |  | Subsidiary
Foreign |  | SQM Indonesia S.A. |  | Indonesia |  | Dollar |  | Subsidiary
Foreign |  | SQM Virginia L.L.C. (4) |  | United States |  | Dollar |  | Subsidiary
Foreign |  | Comercial Caimán Internacional S.A. (2) |  | Panama |  | Dollar |  | Subsidiary
Foreign |  | SQM África Pty. Ltd. |  | South Africa |  | Dollar |  | Subsidiary
Foreign |  | SQM Colombia SAS |  | Colombia |  | Dollar |  | Subsidiary
Foreign |  | SQM (Shanghai) Chemicals Co. Ltd. |  | China |  | Dollar |  | Subsidiary
Foreign |  | SQM Lithium Specialties Limited Partnership (4) |  | United States |  | Dollar |  | Subsidiary
Foreign |  | SQM Iberian S.A. |  | Spain |  | Dollar |  | Subsidiary
Foreign |  | SQM Beijing Commercial Co. Ltd. |  | China |  | Dollar |  | Subsidiary
Foreign |  | SQM Thailand Limited (18) |  | Thailand |  | Dollar |  | Subsidiary
Foreign |  | SQM Australia PTY |  | Australia |  | Dollar |  | Subsidiary
Foreign |  | SQM Holland B.V. |  | Netherlands |  | Dollar |  | Subsidiary
Foreign |  | Soquimich LLC |  | South Korea |  | Dollar |  | Subsidiary
Foreign |  | Soquimich Comercial Brasil Ltda |  | Brazil |  | Dollar |  | Subsidiary
96.801.610-5 |  | Comercial Hydro S.A. |  | Chile |  | Dollar |  | Subsidiary
96.651.060-9 |  | SQM Potasio S.A. (9) |  | Chile |  | Dollar |  | Subsidiary
96.592.190-7 |  | SQM Nitratos S.A. |  | Chile |  | Dollar |  | Subsidiary
96.592.180-K |  | Ajay SQM Chile S.A. |  | Chile |  | Dollar |  | Subsidiary
79.947.100-0 |  | SQM Industrial S.A. |  | Chile |  | Dollar |  | Subsidiary
79.906.120-1 |  | Isapre Norte Grande Ltda. |  | Chile |  | Peso |  | Subsidiary
79.876.080-7 |  | Almacenes y Depósitos Ltda. |  | Chile |  | Peso |  | Subsidiary
79.770.780-5 |  | Servicios Integrales de Tránsitos y Transferencias S.A. |  | Chile |  | Dollar |  | Subsidiary
Tax ID No |  | Name |  | Country of origin |  | Functional currency |  | Nature
79.768.170-9 |  | Soquimich Comercial S.A. |  | Chile |  | Dollar |  | Subsidiary
79.626.800-K |  | SQM Salar S.A. (10) |  | Chile |  | Dollar |  | Subsidiary
76.534.490-5 |  | Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. |  | Chile |  | Peso |  | Subsidiary
76.425.380-9 |  | Exploraciones Mineras S.A. |  | Chile |  | Dollar |  | Subsidiary
76.064.419-6 |  | Comercial Agrorama Ltda. (1) |  | Chile |  | Peso |  | 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 Bufalo |  | Chile |  | Dollar |  | Subsidiary
76.630.159-2 |  | SQM Nueva Potasio SpA (11) |  | Chile |  | Dollar |  | Subsidiary
78.009.141-K |  | SQM Lab SpA (20) |  | Chile |  | Dollar |  | Subsidiary
Foreign |  | Blue Energy Business and Trade (Shanghai) Co., Ltd. (7) |  | China |  | Chinese Yuan |  | Subsidiary
Foreign |  | SQM Comercial Perú S.A.C. (8) |  | Peru |  | Dollar |  | Subsidiary
Foreign |  | SQM India Private Limited (12) |  | India |  | Indian Rupee |  | Subsidiary
Foreign |  | Sichuan Dixin New Energy Co., Ltd. (13) |  | China |  | Chinese Yuan |  | Subsidiary
Foreign |  | SQM (Shanghai) Industrial Co, Ltd. (14) |  | China |  | Dollar |  | Subsidiary
Foreign |  | SQM Lithium Europe NV (15) |  | Belgium |  | Dollar |  | Subsidiary
Foreign |  | SQM Lithium North America Corporation (16) |  | United States of America |  | Dollar |  | Subsidiary
Foreign |  | Sociedad Química y Minera Maroc (17) |  | Marocco |  | Moroccan Dirham |  | Subsidiary
Foreign |  | SQM Japan Lithium Co. Ltd. (19) |  | Japan |  | Dollar |  | Subsidiary
Foreign |  | Harding Battery Minerals (Novo JV) |  | Australia |  | Australian Dollar |  | Subsidiary
Foreign |  | Ajay North America |  | United States |  | Dollar |  | Associate
Foreign |  | Abu Dhabi Fertilizer Industries WWL |  | United Arab Emirates |  | Arab Emirates dirham |  | Associate
Foreign |  | Ajay Europe SARL |  | France |  | Euro |  | Associate
Foreign |  | SAS Adionics |  | France |  | Euro |  | Associate
Foreign |  | Pirra Lithium Pty Ltd. |  | Australia |  | Australian Dollar |  | Joint venture
Foreign |  | SQM Vitas Fzco. |  | United Arab Emirates |  | Arab Emirates dirham |  | Joint venture
Foreign |  | Covalent Lithium Pty Ltd. |  | Australia |  | Dollar |  | Joint venture
Foreign |  | Pavoni & C, SPA |  | Italy |  | Euro |  | 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
_______________________________________________ (1)SQM has control over the management of Comercial Agrorama Ltda. (2)Comercial Caimán Internacional S.A. has been liquidated as of September 30, 2023. (3)On July 1, 2023, SQM Europe N.V. absorbed the subsidiary SQM International N.V. (4)SQM Virginia LLC, North American Trading Company and SQM Lithium Specialties Limited Partnership have been liquidated as of December 31, 2023. (5)RS Agro Chemical Trading Corporation A.V.V. was liquidated during the first quarter of 2024. (6)Royal Seed Trading Corporation A.V.V. was liquidated during the first quarter of 2024. (7)Blue Energy Business and Trade (Shanghai) Co., Ltd. was incorporated on March 21, 2024. (8)On March 27, 2024, 100% of SQM Vitas Perú S.A.C. was acquired. In April 2024, SQM Vitas Perú S.A.C. changed its corporate name to SQM Comercial Perú S.A.C. (9)On May 31, 2024, SQM Potasio S.A. was transformed from SQM Potasio S.A. to SQM Potasio SpA. (10)On May 31, 2024, SQM Salar S.A. was transformed from SQM Salar S.A. to SQM Salar SpA. (11)On May 31, 2024, SQM Potasio SpA was divided creating SQM Nueva Potasio SpA. (12)The subsidiary SQM India Private Limited was incorporated on April 22, 2024. (13)The subsidiary Sichuan Dixin New Energy Co., Ltd. was acquired on April 30, 2024. (14)SQM (Shanghai) Industrial Co., Ltd. was incorporated on September 18, 2024. (15)On September 9, 2024, the subsidiary SQM Lithium Europe NV was incorporated. (16)On September 17, 2024, the subsidiary SQM Lithium North America Corporation was incorporated. (17)On July 18, 2024, Sociedad Química y Minera Maroc was incorporated. (18)In the fourth quarter of 2024, SQM Thailand Limited was liquidated (19)On October 2024 the subsidiary SQM Japan Lithium Co. Ltd. was incorporated. (20)On December 16, 2024, the subsidiary SQM Lab SpA was incorporated
Schedule of related parties corresponding to mining contractual corporations | The following other related parties correspond to mining contractual corporations.
Tax ID No. |  | Name |  | Country of origin |  | Functional currency |  | Relationship
N/A |  | Sociedad Contractual Minera Pampa Unión |  | Chile |  | Peso |  | Other related parties
Schedule of transactions with entities who are affiliated to the key managerial personnel | Below is a list of transactions with clients and suppliers with whom a relationship with key Company personnel was identified:
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 empresas |  | Chile |  | Other related parties
65.204.189-2 |  | Fundación para el desarrollo Social |  | Chile |  | Other related parties
76.825.265-3 |  | Link Capital Partners SPA |  | Chile |  | Other related parties
76.389.727-3 |  | Sociedad Periodística El Libero |  | Chile |  | Other related parties
Schedule of significant transactions with related parties | For the year ended December 31, 2024, 2023 and 2022, the detail of significant transactions with related parties is as follows
Tax ID No |  | Name |  | Nature |  | Country of origin |  | Transaction |  | For the year ended December 31, 2024 |  | For the year ended December 31, 2023 |  | For the year ended December 31, 2022
|  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$ |  | ThUS$
Foreign |  | Ajay Europe S.A.R.L. |  | Associate |  | France |  | Sale of products |  | 51,838 |  |  | 45,314 |  |  | 45,205 |
Foreign |  | Ajay Europe S.A.R.L. |  | Associate |  | France |  | Dividends |  | 3,049 |  |  | 4,682 |  |  | 1,778 |
Foreign |  | Ajay North America LL.C. |  | Associate |  | United States |  | Sale of products |  | 50,593 |  |  | 30,791 |  |  | 41,814 |
Foreign |  | Ajay North America LL.C. |  | Associate |  | United States |  | Dividends |  | 2,799 |  |  | 4,013 |  |  | 1,576 |
Foreign |  | Abu Dhabi Fertilizer Industries |  | Associate |  | United Arab Emirates |  | Dividends |  | — |  |  | 633 |  |  | 3,000 |
Foreign |  | SQM Vitas Brasil Agroindustria |  | Other related parties |  | Brazil |  | Sale of products |  | — |  |  | 9,019 |  |  | 51,748 |
Foreign |  | SQM Vitas Perú S.A.C. |  | Other related parties |  | Peru |  | Sale of products |  | 7,237 |  |  | 17,312 |  |  | 58,077 |
Foreign |  | Pavoni & CPA |  | Joint venture |  | Italy |  | Sale of products |  | 6,423 |  |  | 5,541 |  |  | 4,138 |
Foreign |  | Pavoni & CPA |  | Joint venture |  | Italy |  | Dividends |  | 218 |  |  | — |  |  | — |
Foreign |  | SQM Vitas Fzco |  | Joint venture |  | United Arab Emirates |  | Dividends |  | 12,500 |  |  | — |  |  | — |
Chile |  | Banco de Chile |  | Other related parties |  | Chile |  | Service Provider |  | (68,927) |  |  | (32,418) |  |  | (27,918) |
Chile |  | El Mercurio S.A.P. |  | Other related parties |  | Chile |  | Service Provider |  | (183) |  |  | (1,038) |  |  | (90) |
Chile |  | Compañía de Seguros de Vida Consorcio Nacional |  | Other related parties |  | Chile |  | Service Provider |  | (31) |  |  | (33) |  |  | (31) |
Chile |  | Entel PCS Telecomunicaciones S.A. |  | Other related parties |  | Chile |  | Service Provider |  | (307) |  |  | (182) |  |  | (228) |
Chile |  | Gonzalo Guerrero Yamamoto |  | Other related parties |  | Chile |  | Service Provider |  | — |  |  | — |  |  | (19) |
Chile |  | Empresa Nacional de Telecomunicaciones |  | Other related parties |  | Chile |  | Service Provider |  | (793) |  |  | (3,485) |  |  | (1,746) |
Chile |  | Instituto Chileno administración empresas |  | Other related parties |  | Chile |  | Service Provider |  | (78) |  |  | (134) |  |  | (46) |
Chile |  | Corporación Endeavor Chile |  | Other related parties |  | Chile |  | Service Provider |  | (143) |  |  | (101) |  |  | — |
Chile |  | Fundación para el desarrollo social |  | Other related parties |  | Chile |  | Service Provider |  | (3) |  |  | — |  |  | (7) |
Chile |  | Link Capital Partners SPA |  | Other related parties |  | Chile |  | Service Provider |  | (39) |  |  | — |  |  | — |
Chile |  | Sociedad Periodística El Libero |  | Other related parties |  | Chile |  | Service Provider |  | — |  |  | — |  |  | — |
Schedule of trade receivables due from related parties |
Tax ID No |  | Name |  | Nature |  | Country of origin |  | Currency |  | As of December 31, 2024 |  | As of December 31, 2023
|  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$
Foreign |  | Ajay Europe S.A.R.L. |  | Associate |  | France |  | Euro |  | 13,213 |  |  | 8,932 |
Foreign |  | Ajay North America LL.C. |  | Associate |  | United States of America |  | Dollar |  | 7,232 |  |  | 4,393 |
96.511.530-7 |  | Soc. de Inversiones Pampa Calichera |  | Other related parties |  | Chile |  | Dollar |  | 4 |  |  | 5 |
Foreign |  | SQM Vitas Perú S.A.C. |  | Other related parties |  | Peru |  | Dollar |  | — |  |  | 27,115 |
Foreign |  | SQM Vitas Fzco. |  | Joint venture |  | United Arab Emirates |  | Arab Emirates dirham |  | — |  |  | 232 |
Foreign |  | Pavoni & C. SpA |  | Joint venture |  | Italy |  | Euro |  | 1,511 |  |  | 2,576 |
Foreign |  | Azure Minerals |  | Joint venture |  | Australia |  | Australian dollar |  | 4,713 |  |  | — |
Foreign |  | SH Mining Pty Ltd |  | Joint venture |  | Australia |  | Australian dollar |  | 2,033 |  |  | — |
Total |  |  |  |  |  |  |  |  |  | 28,706 |  |  | 43,253 |
Schedule of other related party disclosures |
Tax ID No |  | Name |  | Nature |  | Country of origin |  | Currency |  | As of December 31, 2024 |  | As of December 31, 2023
|  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$
Foreign |  | Covalent Lithium Pty Ltd. |  | Joint venture |  | Australia |  | Australian dollar |  | 4,438 |  |  | 2,346 |
Foreign |  | SQM Vitas Fzco. |  | Joint venture |  | United Arab Emirates |  | Dollar |  | 5,827 |  |  | — |
Total |  |  |  |  |  |  |  |  |  | 10,265 |  |  | 2,346 |

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