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Companies · SQM

SQM Reported this cycle

Sociedad Quimica

Santiago, Chile Founded 1968 Mining & Critical Minerals

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Latest analysis

Updated Aug 26, 2026

SQM approves interim dividend of $1.44 per share from 2026 earnings

SQM's board approved an interim dividend of $1.43501 per share charged against 2026 net income, payable September 11, 2026. The announcement contains no forward guidance, financial results, or material operational updates. This is a capital allocation action only.

Tone: neutral

Revenue

$4.6B

SQM 20-F · FY 2025

Revenue FY2024

$4.5B

Founded

1968

Headquarters

Santiago, Chile

Profile

SQM 20-F Item 4.B · Apr 22, 2026

SQM is a Chilean mining and chemical company that produces lithium, iodine, specialty plant nutrients, potassium, and industrial chemicals from caliche ore deposits and brine fields in northern Chile, as well as spodumene from its joint-venture Mt. Holland project in Western Australia. The company sells in over 100 countries and derives approximately 96.5% of revenues from outside Chile. It operates through three divisions: SQM Lithium Chile, SQM Lithium International, and SQM Iodine-Plant Nutrition.

Read filing description ↓

We believe that we are the world's largest producer of potassium nitrate and iodine and one of the world's largest lithium producers. We also produce specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride, potassium sulfate and certain industrial chemicals (including industrial nitrates and solar salts). Our products are sold in over 100 countries through our worldwide distribution network, with 96.5% of our sales in 2025 derived from countries outside Chile. Our products are mainly derived from mineral deposits found in northern Chile. We mine and process caliche ore and brine deposits. The caliche ore in northern Chile contains the only known nitrate and iodine deposits in the world and is the world's largest commercially exploited source of natural nitrates. The brine deposits of the Salar de Atacama, a salt-encrusted depression in the Atacama Desert in northern Chile, contain high concentrations of lithium and potassium as well as significant concentrations of sulfate and boron. From our caliche ore deposits, we produce a wide range of nitrate-based products used for specialty plant nutrients and industrial applications, as well as iodine and iodine derivatives. At the Salar de Atacama, we extract brines rich in potassium, lithium, sulfate and boron in order to produce potassium chloride, potassium sulfate, lithium solutions and bischofite (magnesium chloride). We produce lithium carbonate and lithium hydroxide at our plant near the city of Antofagasta, Chile, from the solutions brought from the Salar de Atacama. We market all of these products through an established worldwide distribution network. Our products are divided into six categories: specialty plant nutrients; iodine and its derivatives; lithium and its derivatives; potassium chloride and potassium sulfate; industrial chemicals and other commodity fertilizers.

Primary products

  • Lithium carbonate
  • Lithium hydroxide
  • Iodine and iodine derivatives
  • Potassium nitrate
  • Sodium nitrate
  • Specialty plant nutrients (Ultrasol, Qrop, Speedfol, Allganic brands)

Business segments

SQM Lithium Chile Division SQM Lithium International Division SQM Iodine-Plant Nutrition Division

End markets

Electric vehicles and battery energy storage Agriculture and specialty plant nutrition Medical and pharmaceutical (X-ray contrast media, antiseptics) Industrial chemicals (glass, ceramics, explosives) Concentrated solar power (thermal storage) LCD/LED screens (polarizing film)

Geographies

North America Europe Chile Central and South America (excluding Chile) Asia and Others Australia

Named customers

Fertilizantes Tepeyac (Mexico)

Two customers individually accounted for at least 25% of lithium and lithium derivatives sales, representing approximately 24% of our lithium revenues in 2025. Two customers individually accounted for at least 10% of sales in the iodine segment, representing approximately 30% of iodine sales.

Named competitors

Haifa Chemicals Ltd. Kemapco ACF Minera S.A. Albemarle Jiangxi Ganfeng Lithium Co Tianqi Lithium Corp. Rio Tinto S.C.M. Cosayach
“We believe that we are the world's largest producer of potassium nitrate and iodine and one of the world's largest lithium producers.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Reported in USD. Revenues increased to US$4,576.2 million in 2025 from US$4,528.8 million in 2024, driven by higher lithium sales volumes and growth in iodine and specialty plant nutrition, partially offset by a significant decline in potassium revenues and lower average lithium prices.

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