Sociedad Quimica y Minera

Sociedad Quimica y Minera, based in Chile and established in 1968, is a prominent commodities producer with a diverse range of operations. The company focuses on five primary business lines: Specialty Plant Nutrition, Iodine and its derivatives, Lithium and its derivatives, Industrial Chemicals, and Potassium. SQM is particularly notable for its production of lithium, which is essential for batteries in electric vehicles and energy storage systems, as well as specialty and standard potassium fertilizers and iodine, primarily used in medical applications like X-ray contrast media. The company extracts these resources from high-quality salt brine deposits and caliche ore. In addition to its established operations, SQM is actively developing a hard rock lithium project in Australia and is expanding its lithium refining capabilities in China, positioning itself for future growth in the global market.