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SQM

  • Mining, Refining & Raw Materials
  • Direct Lithium Extraction, Lithium Mining, Lithium Production, Raw Materials Production

Sociedad Química y Minera de Chile (SQM) is a leading global mining company based in Santiago, specializing in lithium, plant nutrition, iodine, potassium, and industrial chemicals. Utilizing advanced extraction technologies, SQM supplies high-purity lithium for electric vehicle batteries and energy storage, targeting carbon-neutral production by 2030.

Company Location

Country:

Chile

City:

Santiago

Contact details

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Company Overview

Sociedad Química y Minera de Chile (SQM) is a global mining company founded over 55 years ago, specializing in lithium, specialty plant nutrition, iodine, potassium, and industrial chemicals. Headquartered in Santiago, Chile, it operates extensive mining operations in the Atacama Desert and aims to produce carbon-neutral lithium by 2030 to support the electric vehicle industry.

Battery Technology

SQM produces battery-grade lithium carbonate and lithium hydroxide from Atacama Desert brine deposits, using specialized extraction and purification processes to achieve >99.5% purity. It has developed Direct Lithium Extraction (DLE) to improve efficiency and reduce water usage, and through SQM Lithium Ventures invests in battery recycling and innovative cathode materials for a circular economy.

Products

Battery-grade lithium carbonate and lithium hydroxide (>99.5% purity) for lithium-ion battery cathodes, supplied via brine-derived extraction methods.

Recent Projects

In 2024, SQM announced plans to expand lithium capacity to 230,000 t/y by 2025, commissioning a 50,000 t/y refinery at the Mount Holland joint venture in Australia (mid-2025). Partnered with LiTHOS Group to validate AcQUATM technology for high-purity lithium recovery.

Investors

Major shareholders include Pampa Group (25.8%), Tianqi Lithium via Inversiones TLC SPA (22.2%), Bank of New York Mellon (22.6%), Chilean Pension Funds (10.6%), banks for foreign accounts (11.5%), with the remainder held by brokers and other investors.
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