29:
1429:
591:, and in to environmental report claims that environmental KPIs such as animal populations are not affected by extraction. According to Volkswagen, there is an unresolved dispute about whether brine extraction causes an influx of fresh water and thus influences the groundwater at the edge of the salt flats. Copper mining, tourism, agriculture also consume significant water and climate change cannot be dismissed
280:
258:
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industry arose. Negotiations with Anglo-Lautaro to establish a partnership led to the creation of SQM, with the intent to restructure the declining nitrate production, increase investment and improve exploitation. As a result, SQM was given a monopoly in the exploitation and commercialization of
586:
There is considerable focus on the use of water in this water poor region. SQM commissioned a life-cycle analysis which concluded that water consumption for SQM's lithium hydroxide and carbonate is significantly lower than that of the average for production from the main ore-based process, using
579:(potassium magnesium chloride) pond and finally a pond designed to maximise the concentration of lithium chloride. The process takes about 15 months. The concentrate (30–35% lithium chloride solution) is trucked to Salar del Carmen. There, boron and magnesium are removed before, by addition of
566:
The process involves pumping up lithium rich brine from below the ground into shallow pans. Water is evaporated thanks to the strong sun and dry air. The brine contains many different dissolved ions, and as the concentration increases, salts precipitate out of solution and sink. The remaining
616:
SQM sells three potassium compounds, potassium chloride, nitrate and sulfate for a total revenue of $ 213mio in 2019. The chloride is obtained as a by-product from lithium production and sold for oil drilling, while the nitrate is made by combining sodium nitrate extracted from caliche and
562:
from brine. As of 2020, SQM reported a capacity of 70kt of lithium carbonate with plans to expand to 150kt/y by 2020. There is some capacity to convert the carbonate to lithium hydroxide in Salar de Carmen. 2019 revenues from lithium were $ 505mio. In 2021, the lithium revenues were US$
1625:
724:, SQM agreed to pay a $ 30 million penalty to resolve parallel civil and criminal cases. According to the investigation, the company made $ 15 million in improper payments to Chilean political figures and others connected to them in a seven-year period.
603:
with Ajay made SQM-Ajay the world's largest producer of iodine derivatives. Through the 2006 acquisition of DSM Minera's iodine derivatives plant in northern Chile in 2006, Ajay-SQM Group added a fourth manufacturing site. The main application is
1655:
704:
People associated with former senior managers in the company were in 2016 and 2017 investigated by the
Chilean national police in relation to allegations of tax evasion and bribery. This investigation was referred to by
1316:
571:(sodium chloride or common salt) crystallises. This has insufficient economic value and is discarded. The supernatant, with ever increasing concentration of dissolved solids, is transferred successively to the
677:
is another by product of brine concentration in the Salar de
Atacama, in which sodium and potassium chloride cocrystallize. The major application is a low-sodium substitute for salt in the food industry.
1155:
972:
946:
1911:
1313:
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617:
evaporation. It is sold as a fertiliser or a component of the heat transfer fluid in solar thermal power stations. SQM processes potassium nitrate at the Coya Sur plant in
599:
In 1995, Ajay
Chemicals formed a jv with SQM, holder of the world's largest known iodine reserves. Partnering with Ajay, the AJAY-SQM GROUP added Ajay-SQM Chile SA. This
1004:
642:
The other products in the is category are obtained directly or by a simple conversion from the evaporites obtained in the concentration of brine for lithium production
1838:
771:
370:
37.5%). The new company was made up of the combination of the deposits and assets of the Compañía
Salitrera Anglo-Lautaro and the Empresa Salitrera Victoria owned by
1906:
1901:
1274:
1395:
1511:
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638:. This is the historical business on which the company's ancestors were built. Major applications include glass, ceramic, explosives and metal treatments.
1486:
982:
583:, the desired lithium carbonate is precipitated out. SQM sells potassium chloride made from Sylvinite and potassium nitrate derived from the Carnalite.
409:, for 20,300 million pesos through the transfer of 93% of the State shares despite the fact that the value was approximately 35,800 million pesos.
896:
1916:
1647:
827:
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from the Salar del Carmen started in 1997. In the years that followed, the business was internationalized through acquisitions and joint ventures:
1597:
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88:
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1941:
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In 1971, the State of Chile, through CORFO, acquired 100% of the property and with this, the exploitation of nitrate was nationalized.
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Potassium nitrate, from sodium nitrate (from caliche) and potassium chloride from lithium production. Major applications include
1067:
1951:
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522:. In 2019, Tianqi Lithium has come to an agreement over the governance of SQM with key shareholder Julio Ponce Lerou.
1112:
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809:
683:(Magnesium Chloride Hexahydrate) major applications include stabilizer, dust control and de-icing agent on roads.
721:
849:
1410:
671:
Potassium
Chloride also from lithium production. The major application is as a stabilizer for oil drilling.
1848:
1030:
1236:
947:"Meet Chemicals Billionaire Julio Ponce Lerou, Former Son-In-Law Of Chilean Dictator Augusto Pinochet"
538:
This product range is based mostly on formulated potassium nitrate. In 2019 its revenue was $ 724mio.
508:
690:
1946:
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74:
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between private investors and the State of Chile (Compañía
Salitrera Anglo-Lautaro 62.5% and
1357:
1137:
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69:
60:
600:
193:
1333:"SEC.gov | Chemical and Mining Company in Chile Paying $ 30 Million to Resolve FCPA Cases"
1288:
706:
488:
to manage the mount
Holland mine project. Kidman Resources was subsequently taken over by
8:
1858:
1681:
772:"After electric cars, what more will it take for batteries to change the face of energy?"
155:
664:
comes from the Salar de
Atacama brines. The major application is in the manufacture of
1761:
1676:
1555:
828:"Julio Ponce Lerou, Pinochet's son-in-law who became a millionaire in the dictatorship"
689:
Solar Salts: 60% sodium nitrate and 40% potassium nitrate used for energy storage in
420:
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39:
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28:
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At the end of 1966, the problem of the expiration of the state enterprise managed by
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897:"LITHIUM AMERICAS ANNOUNCES CLOSING OF TRANSACTION WITH GANFENG LITHIUM AND SQM"
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In 1993, the operations of the technical grade potassium nitrate plant began.
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SQM's natural resources and its main production facilities are located in the
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973:"China's Tianqi buys stake in lithium miner SQM from Nutrien for $ 4.1 bn"
1706:
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liquid (the supernatant) is used for the next step. In the first pan,
525:
In
October 2023, SQM acquired a 30% stake in Australia's Pirra Lithium.
1609:
1602:
977:
680:
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227:
1005:"China's Tianqi agrees truce in battle over Chilean lithium miner SQM"
334:
and industrial chemicals. It is the world's biggest lithium producer.
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326:) is a Chilean chemical company and a supplier of plant nutrients,
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710:
1156:"Lithium mining: What you should know about the contentious issue"
760:. Sociedad Química y Minera de Chile S.A. pp. 98–99, 124–126.
511:, nitrate transport to the port by rail was replaced by trucking.
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in Canada (2016) to run the
Cauchari-Olaroz lithium project in
436:
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1358:"Chile's SQM paying $ 30 mln to resolve U.S. corruption cases"
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at 1,200 m altitude, and drives it 80 km to the port in
472:
371:
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249:
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purchased 23.77% stake in SQM from Canadian mining company
397:
Between 1983 and 1988, it was privatized again during the
716:
On January 13, 2017, as part of an investigation by the
1912:
Companies in the Índice de Precio Selectivo de Acciones
465:
in France (2009) all for the plant nutrition business,
1388:
306:
696:Total 2019 revenue for these products was $ 95mio.
496:In 2015, the largest shareholder with 32% was the
1267:"SQM begins testing electric truck for logistics"
1031:"SQM buys 30% stake in Australia's Pirra Lithium"
871:"LITHIUM AMERICAS AND SQM ANNOUNCE JOINT VENTURE"
1893:
1907:Companies listed on the New York Stock Exchange
1902:Companies listed on the Santiago Stock Exchange
1085:"Sustainability of lithium production in Chile"
1641:
1411:
804:
802:
800:
16:Chilean chemical company and lithium producer
686:Salt (Sodium Chloride) also known as halite.
533:
401:, transferring the Chilean state company to
357:
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1634:
1418:
1404:
797:
608:media. In 2019, its revenue was $ 371mio.
392:
1917:Companies in the S&P Latin America 40
1073:. Sociedad Química y Minera de Chile S.A.
1062:
1060:
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475:, Argentina. In 2018, sold its share to
749:
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718:U.S. Securities and Exchange Commission
628:
381:July 30, 1968, and how to organize the
1894:
1277:from the original on November 5, 2021.
1247:from the original on December 19, 2021
1049:
842:
575:(sodium potassium chloride) pond, the
22:Sociedad Química y Minera de Chile S.A
1629:
1399:
734:
709:, a major Chilean newspaper, as "the
507:In 2015, after flood damage to the
442:takeover of the iodine business of
439:Emirates Fertilizer Company (2005),
13:
1237:"Nitrate production process – SQM"
981:. December 4, 2018. Archived from
625:, including in an electric truck.
320:Sociedad Química y Minera de Chile
14:
1963:
1942:3 ft 6 in gauge railways in Chile
1661:(as of 20 January 2022)
1380:
1427:
699:
554:of Northern Chile, SQM produces
279:
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1186:"Industrial Chemical Suppliers"
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415:In 1995, SQM was listed on the
939:
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889:
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764:
634:Sodium Nitrate, from leaching
419:and started the production of
1:
1952:Companies established in 1968
1922:Fertilizer companies of Chile
1138:"The Lithium Series I photos"
830:. The Clinic. October 2, 2012
727:
722:Foreign Corrupt Practices Act
1927:1968 establishments in Chile
691:solar thermal power stations
611:
484:in Australia (2017) to form
7:
528:
10:
1968:
1937:Electric railways in Chile
1113:"SQM Earnings Report 2021"
541:
352:
1932:Mining companies of Chile
1667:
1447:
1319:February 2, 2017, at the
1312:See a series of items in
594:
534:Specialty Plant Nutrition
405:, the then son-in-law of
358:State company (1968–1983)
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175:specialty plant nutrition
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1787:Interconexión Eléctrica
1441:(as of 13 January 2022)
720:into violations of the
417:New York Stock Exchange
393:Private company (1983–)
1289:"Industrial Chemicals"
654:, metal treatment and
469:Lithium-Americas Corp.
116:; 56 years ago
1702:Banco Santander-Chile
1467:Banco Santander Chile
399:military dictatorship
364:Sociedad Minera Mixta
362:Created in 1968 as a
297:6,081 (December 2021)
1512:Embotelladora Andina
1273:. November 2, 2021.
1212:"Potassium products"
1162:. VW. Archived from
1160:www.volkswagenag.com
816:. February 14, 2018.
755:"Annual Report 2021"
629:Industrial Chemicals
601:vertical integration
563:936.1 million.
516:Tianqi Lithium Corp.
449:Joint Ventures with
106:Chemicals and mining
1243:. August 21, 2020.
1166:on December 1, 2020
1068:"Annual Report2019"
810:"Our History – SQM"
778:. August 12, 2017.
293:Number of employees
156:Industrial chemical
144:Ricardo Ramos (CEO)
23:
1876:Wal-Mart de Mexico
1839:Rede D'Or São Luiz
1364:. January 13, 2017
1037:. October 23, 2023
421:potassium chloride
114:June 11, 1968
21:
1889:
1888:
1662:
1623:
1622:
1487:Cencosud Shopping
1442:
662:Potassium sulfate
556:lithium carbonate
514:In 2018, China's
498:Julio Ponce Lerou
482:Kidman Resources
429:lithium carbonate
427:. Production of
403:Julio Ponce Lerou
317:
316:
196:2.86 billion
1959:
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1389:Official website
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1192:. SQM Ajay Group
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877:. March 28, 2016
875:Lithium Americas
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581:sodium carbonate
548:Salar de Atacama
486:Covalent Lithium
459:in China (2009),
453:in India (2009),
425:Salar de Atacama
407:Augusto Pinochet
313:
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284:US$ 3.22 billion
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1342:January 27,
1337:www.sec.gov
1298:December 1,
1251:December 1,
1221:December 1,
1196:December 1,
1170:December 5,
1097:December 1,
1041:October 24,
957:October 14,
906:December 5,
881:December 5,
789:January 27,
619:María Elena
520:Nutrien Ltd
451:Coromandel
347:Antofagasta
1896:Categories
1659:companies
1534:Enel Chile
1314:La Nación.
1035:MINING.COM
1015:January 3,
989:January 3,
850:"Historia"
728:References
711:SQM Affair
681:Bischofite
490:Wesfarmers
228:Net income
140:Key people
121:1968-06-11
1834:Petrobras
1829:PagSeguro
1772:Fibra Uno
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1742:Ecopetrol
1737:Credicorp
1583:Mallplaza
1556:Falabella
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855:March 17,
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707:La Nación
675:Sylvinite
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589:spodumene
577:Carnalite
573:Sylvinite
560:hydroxide
463:Roullier
423:from the
386:nitrate.
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171:potassium
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1866:Televisa
1809:Localiza
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1482:Cencosud
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1275:Archived
1245:Archived
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834:July 27,
529:Products
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149:Products
103:Industry
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1241:YouTube
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652:enamels
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550:in the
546:In the
542:Lithium
509:railway
446:(2006),
383:nitrate
379:COVENSA
353:History
332:lithium
302:Website
183:Revenue
166:lithium
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1434:IPSA
1370:2019
1344:2019
1300:2020
1253:2020
1223:2020
1198:2020
1172:2020
1124:2022
1099:2020
1043:2023
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780:ISSN
558:and
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311:.com
309:.sqm
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