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Intangible assets and goodwill | 12 Months Ended
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Dec. 31, 2024
Intangible assets and goodwill [abstract] |
Intangible assets and goodwill | Intangible assets and goodwill 14.1 Reconciliation of changes in intangible assets and goodwill
As of December 31, 2024
Intangible assets and goodwill |  | Useful life |  | Net Value
|  |  |  | ThUS$
IT programs |  | Finite |  | 8,430 |
Mining rights |  | Finite |  | 133,119 |
Water rights and rights of way |  | Indefinite |  | 4,909 |
Water rights |  | Finite |  | 3,791 |
Intellectual property |  | Finite |  | 14,761 |
Other intangible assets |  | Finite |  | 2,958 |
Intangible assets other than goodwill |  |  |  | 167,968 |
Goodwill |  | Indefinite |  | 948 |
Total Intangible Asset |  |  |  | 168,916 |
As of December 31, 2023
Intangible assets and goodwill |  | Useful life |  | Net Value
|  |  |  | ThUS$
IT programs |  | Finite |  | 3,190 |
Mining rights |  | Finite |  | 134,924 |
Water rights and rights of way |  | Indefinite |  | 4,909 |
Water rights |  | Finite |  | 7,580 |
Intellectual property |  | Finite |  | 5,201 |
Other intangible assets |  | Finite |  | 70 |
Intangible assets other than goodwill |  |  |  | 155,874 |
Goodwill |  | Indefinite |  | 958 |
Total Intangible Asset |  |  |  | 156,832 |
a) Movements in identifiable intangible assets as of December 31, 2024:
Movements in identifiable intangible assets |  | IT programs |  | Mining rights, Finite |  | Water rights, and rights of way, Indefinite |  | Water rights Finite |  | Intellectual property |  | Other intangible assets |  | Goodwill |  | Total
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
At January 1, 2024 |  | 3,190 |  |  | 134,924 |  |  | 4,909 |  |  | 7,580 |  |  | 5,201 |  |  | 70 |  |  | 958 |  |  | 156,832 |
Additions |  | 6,700 |  |  | — |  |  | — |  |  | — |  |  | 10,130 |  |  | 378 |  |  | — |  |  | 17,208 |
Amortization for the year |  | (1,430) |  |  | (1,608) |  |  | — |  |  | (3,789) |  |  | (805) |  |  | (126) |  |  | — |  |  | (7,758) |
Impairment losses recognized in income for the period |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (10) |  |  | (10) |
Other increases / decreases for foreign currency exchange rates |  | (41) |  |  | 3,694 |  |  | — |  |  | — |  |  | — |  |  | (24) |  |  | — |  |  | 3,629 |
Other increases (decreases) |  | 11 |  |  | (3,891) |  |  | — |  |  | — |  |  | 235 |  |  | 2,660 |  |  | — |  |  | (985) |
Subtotal |  | 5,240 |  |  | (1,805) |  |  | — |  |  | (3,789) |  |  | 9,560 |  |  | 2,888 |  |  | (10) |  |  | 12,084 |
As of December 31, 2024 |  | 8,430 |  |  | 133,119 |  |  | 4,909 |  |  | 3,791 |  |  | 14,761 |  |  | 2,958 |  |  | 948 |  |  | 168,916 |
Historical cost |  | 43,851 |  |  | 162,492 |  |  | 7,420 |  |  | 18,000 |  |  | 17,580 |  |  | 5,314 |  |  | 4,491 |  |  | 259,148 |
Accumulated amortization |  | (35,421) |  |  | (29,373) |  |  | (2,511) |  |  | (14,209) |  |  | (2,819) |  |  | (2,356) |  |  | (3,543) |  |  | (90,232) |
At January 1, 2023 |  | 3,249 |  |  | 140,873 |  |  | 4,909 |  |  | 11,369 |  |  | 5,850 |  |  | 86 |  |  | 967 |  |  | 167,303 |
Additions |  | 197 |  |  | 196 |  |  | — |  |  | — |  |  | — |  |  | 15 |  |  | — |  |  | 408 |
Amortization for the year |  | (1,451) |  |  | (4,684) |  |  | — |  |  | (3,789) |  |  | (649) |  |  | (28) |  |  | — |  |  | (10,601) |
Impairment losses recognized in income for the year (1) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (9) |  |  | (9) |
Other increases / decreases for foreign currency exchange rates |  | 6 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | — |  |  | 3 |
Other increases (decreases) |  | 1,189 |  |  | (1,461) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (272) |
Subtotal |  | (59) |  |  | (5,949) |  |  | — |  |  | (3,789) |  |  | (649) |  |  | (16) |  |  | (9) |  |  | (10,471) |
As of December 31, 2023 |  | 3,190 |  |  | 134,924 |  |  | 4,909 |  |  | 7,580 |  |  | 5,201 |  |  | 70 |  |  | 958 |  |  | 156,832 |
Historical cost |  | 37,849 |  |  | 161,451 |  |  | 7,420 |  |  | 18,000 |  |  | 7,215 |  |  | 2,303 |  |  | 4,492 |  |  | 238,730 |
Accumulated amortization |  | (34,659) |  |  | (26,527) |  |  | (2,511) |  |  | (10,420) |  |  | (2,014) |  |  | (2,233) |  |  | (3,534) |  |  | (81,898) |
(1)See Note 21.5. (b) Movements in identifiable goodwill as of December 31, 2024 and 2023:
Accumulated impairment Movements in identifiable goodwill |  | Goodwill at the beginning of period January 1, 2024 |  | Additional recognition |  | Impairment losses recognized in income for the year (-) |  | Total increase (decrease) |  | Total
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
SQM Iberian S.A. |  | 148 |  |  | — |  |  | (10) |  |  | (10) |  |  | 138 |
SQM Investment Corporation |  | 86 |  |  | — |  |  | — |  |  | — |  |  | 86 |
SQM Potasio SpA |  | 724 |  |  | — |  |  | — |  |  | — |  |  | 724 |
Ending balance |  | 958 |  |  | — |  |  | (10) |  |  | (10) |  |  | 948 |
Accumulated impairment Movements in identifiable goodwill |  | Goodwill at the beginning of period January 1, 2023 |  | Additional recognition |  | Impairment losses recognized in income for the year (-) |  | Total increase (decrease) |  | Total
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
SQM Iberian S.A. |  | 148 |  |  | — |  |  | — |  |  | — |  |  | 148 |
SQM Investment Corporation |  | 86 |  |  | — |  |  | — |  |  | — |  |  | 86 |
Soquimich European Holding B.V. (*) |  | 9 |  |  | — |  |  | (9) |  |  | (9) |  |  | — |
SQM Potasio S.A. |  | 724 |  |  | — |  |  | — |  |  | — |  |  | 724 |
Ending balance |  | 967 |  |  | — |  |  | (9) |  |  | (9) |  |  | 958 |
(*)Based on an impairment analysis conducted by management, this goodwill was adjusted for based on the assessment that its partial or total book value is not recoverable.

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