Sociedad Química y Minera de Chile (SQM) 20-F 29 Apr 24 2023 FY Annual report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2023 shares
Document Information [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	33-65728
Entity Registrant Name	CHEMICAL & MINING CO OF CHILE INC
Entity Address, Address Line One	El Trovador 4285
Entity Address, Address Line Two	6th floor
Entity Address, City or Town	Santiago
Entity Address, Country	CL
Entity Address, Postal Zip Code	7550079
Title of 12(b) Security	Series B common shares, in the form of American Depositary Shares each representing one Series B share
Trading Symbol	SQM
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Entity Central Index Key	0000909037
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Incorporation, State or Country Code	F3
Auditor Name	PricewaterhouseCoopers Consultores Auditores y Compañía Limitada
Auditor Firm ID	1364
Auditor Location	Santiago, Chile
Series A Common Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	142,819,552
Series B Common Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	142,818,904
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	El Trovador 4285
Entity Address, Address Line Two	6th floor
Entity Address, City or Town	Santiago
Entity Address, Country	CL
Contact Personnel Name	Gerardo Illanes
City Area Code	56
Local Phone Number	2 2425-2485
Contact Personnel Email Address	gerardo.illanes@sqm.com
Entity Address, Postal Zip Code	7550079

Consolidated Statements of Fina

Consolidated Statements of Financial Position $ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Current Assets
Cash and cash equivalents	$ 1,041,369	$ 2,655,236
Other current financial assets	1,325,843	961,355
Other current non-financial assets	136,750	196,335
Trade and other receivables, current	907,181	1,087,420
Trade receivables due from related parties, current	43,253	81,622
Current inventories	1,774,594	1,784,281
Current tax assets	637,033	224,914
Total current assets other than those classified as held for sale or disposal	5,866,023	6,991,163
Non-current assets or groups of assets classified as held for sale	118	346
Total non-current assets held for sale	118	346
Total current assets	5,866,141	6,991,509
Non-current assets
Other non-current financial assets	248,281	32,126
Other non-current non-financial assets	373,700	52,396
Non-current trade receivables	2,559	2,091
Investments accounted for under the equity method	86,417	54,386
Intangible assets other than goodwill	155,874	166,336
Goodwill	958	967
Property, plant and equipment, net	3,609,937	2,726,838
Right-of-use assets	73,193	60,867
Non-current tax assets	59,541	127,114
Deferred tax assets	302,236	604,471
Total non-current assets	4,912,696	3,827,592
Total assets	10,778,837	10,819,101
Current liabilities
Other current financial liabilities	1,256,499	522,999
Lease liabilities, current	18,192	12,149
Trade and other payables, current	449,633	374,789
Current trade payables due to related parties	2,346	0
Other current provisions	392,322	1,303,146
Current tax liabilities	183,633	356,611
Provisions for employee benefits, current	23,946	35,376
Other current non-financial liabilities	187,305	446,477
Total current liabilities	2,513,876	3,051,547
Non-current liabilities
Other non-current financial liabilities	3,213,422	2,394,218
Non-current lease liabilities	56,966	49,585
Other non-current provisions	60,450	58,053
Deferred tax liabilities	394,688	289,825
Non-current provisions for employee benefits	62,006	43,872
Total non-current liabilities	3,787,532	2,835,553
Total liabilities	6,301,408	5,887,100
Equity attributable to owners of the Parent
Share capital	1,577,643	1,577,643
Retained earnings	2,748,686	3,350,114
Other reserves	114,870	(31,125)
Equity attributable to owners of the Parent	4,441,199	4,896,632
Non-controlling interests	36,230	35,369
Total equity	4,477,429	4,932,001
Total liabilities and equity	$ 10,778,837	$ 10,819,101

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Cost of sales	(4,392,436)	(4,973,953)	(1,772,208)
Gross profit	3,075,054	5,736,625	1,090,107
Other income	40,557	9,854	19,552
Administrative expenses	(175,765)	(142,644)	(118,893)
Other expenses	(93,400)	(75,971)	(60,605)
Impairment of financial assets and reversal of impairment losses	202	3,369	(235)
Other (losses) gains	(2,254)	117	(2,638)
Income from operating activities	2,844,394	5,531,350	927,288
Finance income	122,726	47,038	4,668
Finance costs	(138,402)	(86,651)	(84,626)
Share of profit of associates and joint ventures accounted for using the equity method	593	20,159	11,132
Foreign currency translation differences	(22,293)	(25,400)	(17,241)
Income before taxes	2,807,018	5,486,496	841,221
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Net income	930,267	3,914,284	592,205
Net income attributable to:
Net income attributable to owners of the parent	923,191	3,906,311	585,454
Net income attributable to non-controlling interests	7,076	7,973	6,751
Net income	$ 930,267	$ 3,914,284	$ 592,205
Earnings per share
Basic earnings per share (in USD per share)	$ 3.2320	$ 13.6757	$ 2.1048
Diluted earnings per share (in USD per share)	$ 3.2320	$ 13.6757	$ 2.1048

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of comprehensive income [abstract]
Net income	$ 930,267	$ 3,914,284	$ 592,205
Items of other comprehensive income that will not be reclassified to income for the year, before taxes
(Losses) gain from measurements of defined benefit plans	(5,843)	(6,350)	4,679
Gains (losses) from financial assets measured at fair value through other comprehensive income	190,509	190	(12,072)
Total other comprehensive income that will not be reclassified to income for the year, before taxes	184,666	(6,160)	(7,393)
Items of other comprehensive income that will be reclassified to income for the year, before taxes
Foreign currency exchange gains (losses)	3,177	(255)	4,240
Cash flow hedges- effective portion of changes in far value	126	36,079	(66,051)
Cash flow hedges-reclassified to income for the year	18,566	(9,457)	13,289
Total other comprehensive income that will be reclassified to income for the year	21,869	26,367	(48,522)
Other items of other comprehensive income, before taxes	206,535	20,207	(55,915)
Income taxes related to items of other comprehensive income that will not be reclassified to income for the year
Income tax benefit (expense) relating to measurement of defined benefit pension plans through other comprehensive income	1,582	1,273	(142)
Income tax (expense) benefit relating to gains (losses) on financial assets measured irrevocably at fair value through other comprehensive income	(57,242)	(17)	3,818
Total income tax (expense) benefit relating to components of other comprehensive income that will not be reclassified to income for the year	(55,660)	1,256	3,676
Income taxes relating to components of other comprehensive income that will be reclassified to income for the year
Income tax (expense) benefit related to gains (losses) from cash flow hedges	(5,047)	(7,172)	14,246
Total income tax (expense) benefit relating to components of other comprehensive income that will be reclassified to income for the year	(5,047)	(7,172)	14,246
Total other comprehensive income (loss)	145,828	14,291	(37,993)
Total comprehensive income	1,076,095	3,928,575	554,212
Comprehensive income attributable to
Comprehensive income attributable to owners of the parent	1,068,968	3,920,781	546,846
Comprehensive income attributable to non-controlling interest	$ 7,127	$ 7,794	$ 7,366

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Classes of cash receipts generated from operating activities
Cash receipts from sales of goods and rendering of services		$ 8,162,698	$ 10,954,251	$ 2,705,250
Cash receipts from premiums and benefits, annuities and other benefits from policies entered		0	1,345	1,902
Cash receipts derived from sub-leases		89	129	443
Classes of Payments
Cash payments to suppliers for the provision of goods and services		(5,637,224)	(5,255,694)	(1,713,922)
Cash payments relating to variable leases		(4,700)	(3,631)	(1,313)
Other payments related to operating activities		(86,291)	(24,148)	(16,726)
Net cash generated from operating activities		2,434,572	5,672,252	975,634
Dividends received		9,328	6,354	11,663
Interest paid		(121,222)	(109,697)	(82,816)
Interest paid on lease liabilities		(2,038)	(1,226)	(1,587)
Interest received		103,352	48,120	2,747
Income taxes paid		(2,309,640)	(1,648,668)	(142,730)
Other cash (outflows) inflows	[1]	(310,991)	110,460	59,609
Net cash generated from operating activities		(196,639)	4,077,595	822,520
Cash flows generated from (used in) investing activities
Proceeds from the sale of equity instruments		4,745	4,745	16,413
Purchase of ownership interest in associates and joint ventures		(34,547)	0	0
Acquisition of non-current financial assets		(30,701)	0	0
Proceeds from the sale of property, plant and equipment		44	112	672
Acquisition of property, plant and equipment		(1,103,598)	(905,247)	(464,718)
Proceeds from sale of intangible assets		5,205	3,624	14,773
Proceeds related to futures, forward options and swap contracts		18,034	39,878	2,328
Loans to related parties		3,387	873	13,086
Proceeds from the sale of ownership interest in joint ventures		0	0	13,085
Purchases of other long-term assets		(12,002)	(11,341)	(8,071)
Other cash outflows	[2],[3]	(332,060)	(42,045)	(594,511)
Cash flow used in investing activities		(1,481,493)	(909,401)	(1,006,943)
Cash flows generated from (used in) financing activities
Repayment of lease liabilities		(15,914)	(10,478)	(7,960)
Proceeds from long-term loans		850,000	200,000	700,000
Proceeds from short-term loans		1,215,000	60,000	0
Loan repayments		(530,717)	(13,117)	(14,870)
Proceeds (payments) from hedges associated to loans		18,927	(993)	760
Dividends paid		(1,471,035)	(2,238,381)	(571,702)
Capital stock increase		0	0	1,100,257
Net cash flow (used in) generated from financing activities		66,261	(2,002,969)	1,206,485
Net increase in cash and cash equivalents before the effect of changes in the exchange rate		(1,611,871)	1,165,225	1,022,062
Effects of exchange rate fluctuations on cash and cash equivalents		(1,996)	(25,040)	(16,113)
Increase in cash and cash equivalents		(1,613,867)	1,140,185	1,005,949
Cash and cash equivalents at beginning of year		2,655,236	1,515,051	509,102
Cash and cash equivalents at end of year		$ 1,041,369	$ 2,655,236	$ 1,515,051
[1] Other (outflows) inflows of cash from operating activities include net increases (decreases) of value added tax and banking expenses, taxes associated with interest payments, costs of issuance of debt and government grants. Other cash outflows include investments and redemptions of time deposits and other financial instruments that do not qualify as cash and cash equivalent in accordance with IAS 7, paragraph 7, since they mature in more than 90 days from the original investment date. Other inflows (outflows) of cash from investing activities include guarantees deposits for the year 2022 described in note 12.2.

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands		Total	Equity attributable to owners of the Parent	Share capital	Foreign currency translation reserve	Hedge reserve	Gains and losses from financial assets reserve	Actuarial gains and losses from defined benefit plans reserve	Accumulated other comprehensive income	Other miscellaneous reserves	Total reserves	Retained earnings	Non- controlling interests
Equity at beginning of the year at Dec. 31, 2020		$ 2,162,578	$ 2,123,085	$ 477,386	$ (11,569)	$ 4,491	$ 6,872	$ (8,680)	$ (8,886)	$ 16,318	$ 7,432	$ 1,638,267	$ 39,493
Changes in equity [abstract]
Net income		592,205	585,454									585,454	6,751
Other comprehensive income		(37,993)	(38,608)		3,656	(38,516)	(8,254)	4,506	(38,608)		(38,608)		615
Total comprehensive income		554,212	546,846		3,656	(38,516)	(8,254)	4,506	(38,608)		(38,608)	585,454	7,366
Sale of equity instruments irrevocably recognized in OCI							(9,764)		(9,764)		(9,764)	9,764
Dividends	[1]	(597,861)	(585,453)									(585,453)	(12,408)
Capital stock increase		1,100,257	1,100,257	1,100,257
Other (decrease) increases in equity		(3,215)	(3,215)							(3,215)	(3,215)
Total changes in equity		1,053,393	1,058,435	1,100,257	3,656	(38,516)	(18,018)	4,506	(48,372)	(3,215)	(51,587)	9,765	(5,042)
Equity at end of the year at Dec. 31, 2021		3,215,971	3,181,520	1,577,643	(7,913)	(34,025)	(11,146)	(4,174)	(57,258)	13,103	(44,155)	1,648,032	34,451
Changes in equity [abstract]
Net income		3,914,284	3,906,311									3,906,311	7,973
Other comprehensive income		14,291	14,470		(129)	19,450	173	(5,024)	14,470		14,470		(179)
Total comprehensive income		3,928,575	3,920,781		(129)	19,450	173	(5,024)	14,470		14,470	3,906,311	7,794
Dividends	[1]	(2,211,598)	(2,204,229)									(2,204,229)	(7,369)
Other (decrease) increases in equity		(947)	(1,440)							(1,440)	(1,440)		493
Total changes in equity		1,716,030	1,715,112		(129)	19,450	173	(5,024)	14,470	(1,440)	13,030	1,702,082	918
Equity at end of the year at Dec. 31, 2022		4,932,001	4,896,632	1,577,643	(8,042)	(14,575)	(10,973)	(9,198)	(42,788)	11,663	(31,125)	3,350,114	35,369
Changes in equity [abstract]
Net income		930,267	923,191									923,191	7,076
Other comprehensive income		145,828	145,777		3,121	13,645	133,267	(4,256)	145,777		145,777		51
Total comprehensive income		1,076,095	1,068,968		3,121	13,645	133,267	(4,256)	145,777		145,777	923,191	7,127
Dividends	[1]	(1,530,885)	(1,524,619)									(1,524,619)	(6,266)
Other (decrease) increases in equity		218	218							218	218
Total changes in equity		(454,572)	(455,433)		3,121	13,645	133,267	(4,256)	145,777	218	145,995	(601,428)	861
Equity at end of the year at Dec. 31, 2023		$ 4,477,429	$ 4,441,199	$ 1,577,643	$ (4,921)	$ (930)	$ 122,294	$ (13,454)	$ 102,989	$ 11,881	$ 114,870	$ 2,748,686	$ 36,230
[1] See Note 19.7

Identification and activities o

Identification and activities of the Company and Subsidiaries	12 Months Ended
	Dec. 31, 2023
Identification And Activities Of The Company And Subsidiaries
Identification and activities of the Company and Subsidiaries	Identification and activities of the Company and Subsidiaries 1.1 Historical background Sociedad Química y Minera de Chile S.A. (the “Company” or “SQM”) is an open stock corporation organized under the laws of the Republic of Chile and its Chilean Tax Identification Number is 93.007.000-9. The Company was incorporated through a public deed dated June 17, 1968 by the public notary of Santiago Mr. Sergio Rodríguez Garcés. Its existence was approved by Decree No. 1,164 of June 22, 1968 of the Ministry of Finance, and it was registered on June 29, 1968 in the Registry of Commerce of Santiago, on page 4,537 No. 1,992. SQM’s headquarters are located at El Trovador 4285, Floor 6, Las Condes, Santiago, Chile, The Company’s telephone number is +(56 2) 2425-2000. The Company is registered in the CMF under number 184 of March 18, 1983 and is therefore subject to oversight by that entity. 1.2 Main domicile where the Company performs its production activities The Company’s main domiciles are: Calle Dos Sur plot No. 5 - Antofagasta; Arturo Prat 1060 - Tocopilla; Administration Building w/n - Maria Elena; Administration Building w/n Pedro de Valdivia - María Elena, Anibal Pinto 3228 - Antofagasta, Kilometer 1378 Ruta 5 Norte Highway - Antofagasta, Coya Sur Plant w/n - Maria Elena, kilometer 1760 Ruta 5 Norte Highway - Pozo Almonte, Salar de Atacama (Atacama Saltpeter deposit) potassium chloride plant w/n - San Pedro de Atacama, potassium sulfate plant at Salar de Atacama w/n – San Pedro de Atacama, Minsal Mining Camp w/n CL Plant CL, Potassium– San Pedro de Atacama, formerly the Iris Saltpeter office w/n, Commune of Pozo Almonte, Iquique; Level 1; 225 Dt Georges Tce Perth WA 6000, Australia. 1.3 Codes of main activities The codes of the main activities as established by the CMF, as follows: • 1700 (Mining) • 2200 (Chemical products) • 1300 (Investment) 1.4 Description of the nature of operations and main activities The products of the Company are mainly derived from mineral deposits found in northern Chile where mining takes place and caliche and brine deposits are processed. (a) Specialty plant nutrition : Four main types of specialty plant nutrients are produced: potassium nitrate, sodium nitrate, sodium potassium nitrate and specialty blends. In addition, other specialty fertilizers are sold including third party products. (b) Iodine: The Company produces iodine and iodine derivatives, which are used in a wide range of medical, pharmaceutical, agricultural and industrial applications, including x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, in the synthesis of pharmaceuticals, electronics, pigments and dye components. (c) Lithium: The Company produces lithium carbonate, which is used in a variety of applications, including electrochemical materials for batteries, frits for the ceramic and enamel industries, and it is an important ingredient in the manufacture of gunpowder, heat-resistant glass (ceramic glass), air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals and lithium derivatives. We are also a leading supplier of lithium hydroxide, which is primarily used as an input for the lubricating greases industry and for certain cathodes for batteries. (d) Industrial chemicals : The Company produces three industrial chemicals: sodium nitrate, potassium nitrate and potassium chloride. Sodium nitrate is used primarily in the production of glass, explosives, and metal treatment. Potassium nitrate is used in the manufacturing of specialty glass, and it is also an important raw material to produce of frits for the ceramics and enamel industries. Solar salts, a combination of potassium nitrate and sodium nitrate, are used as a thermal storage medium in concentrated solar power plants. Potassium chloride is a basic chemical used to produce potassium hydroxide, and it is also used oil drilling, and to produce carrageenan. (e) Potassium: The Company produces potassium chloride and potassium sulfate from brines extracted from the Salar de Atacama. Potassium chloride is a commodity fertilizer used to fertilize a variety of crops including corn, rice, sugar, soybean and wheat. Potassium sulfate is a specialty fertilizer used mainly in crops such as vegetables, fruits and industrial crops. (f) Other products and services: The Company also sells other fertilizers and blends, some of which we do not produce, mainly potassium nitrate, potassium sulfate and potassium chloride. This business line also includes revenue from commodities, services, interests, royalties and dividends. 1.5 Other background (a) Employees As of December 31, 2023, and 2022, the workforce was as follows: As of December 31, 2023 As of December 31, 2022 Employees SQM S.A. Other Total SQM S.A. Other Total Executives 33 137 170 32 128 160 Professionals 190 2,663 2,853 177 2,506 2,683 Technicians and operators 364 4,295 4,659 309 3,845 4,154 Total 587 7,095 7,682 518 6,479 6,997 As of December 31, 2023 As of December 31, 2022 Place of work SQM S.A. Other Total SQM S.A. Other Total In Chile 587 6,447 7,034 518 6,015 6,533 Outside Chile — 648 648 — 464 464 Total 587 7,095 7,682 518 6,479 6,997 (b) Main shareholders As of December 31, 2023, there were 1,172 shareholders. Following table shows information about the main shareholders of the Company’s Series A or Series B shares in circulation as of December 31, 2023 and 2022, in line with information provided by the DCV, with respect to each shareholder that, to our knowledge, owns more than 5% of the outstanding Series A or Series B shares. The following information is derived from our registry and reports managed by the DCV and informed to the CMF and the Chilean Stock Exchange: Shareholders as of December 31, 2023 No. of Series A % of Series A No. of Series B % of Series B % of total Inversiones TLC SpA 62,556,568 43.80 % — — 21.90 % The Bank of New York Mellon, ADRs — — 46,174,681 32.33 % 16.17 % Sociedad de Inversiones Pampa Calichera S.A. 42,640,389 29.86 % 1,611,227 1.13 % 15.49 % Potasios de Chile S.A. 18,179,147 12.73 % — — 6.36 % Banco de Chile on behalf of State Street — — 11,744,230 8.22 % 4.11 % AFP Habitat S.A. 603,789 0.42 % 9,991,619 7.00 % 3.71 % Global Mining Spa 8,798,539 6.16 % — — 3.08 % Banco Santander on behalf of foreign investors — — 8,499,930 5.95 % 2.98 % AFP Provida S.A. — — 8,299,626 5.81 % 2.91 % AFP Cuprum S.A. — — 7,979,983 5.59 % 2.79 % AFP Capital S.A. — — 7,525,912 5.27 % 2.63 % Banco De Chile on behalf of Citi NA New York. 67,463 0.05 % 6,399,986 4.44 % 2.24 % Shareholders as of December 31, 2022 No. of Series A % of Series A No. of Series B % of Series B % of total The Bank of New York Mellon, ADRs — — 64,555,045 45.20% 22.60 % Inversiones TLC Spa (1) 62,556,568 43.80 % — — 21.90 % Sociedad de Inversiones Pampa Calichera S.A. (2) 43,133,789 30.20 % 1,611,227 1.13 % 15.66 % Potasios De Chile S.A. 18,179,147 12.73 % — — 6.36 % Banco de Chile via State Street 79,265 0.06 % 10,979,388 7.69 % 3.87 % AFP Habitat S.A. — — 9,504,885 6.66 % 3.33 % Inv. Global Mining Chile Ltda. 8,798,539 6.16 % — — 3.08 % Banco Santander via foreign investor accounts 545,729 0.38 % 8,181,775 5.73 % 3.06 % AFP Cuprum S.A. — — 6,535,039 4.58 % 2.29 % Banco de Chile non-resident third party accounts 62,829 0.04 % 6,181,476 4.33 % 2.19 % AFP Capital S.A. — — 5,652,982 3.96 % 1.98 % AFP Provida S.A. — — 5,263,361 3.69 % 1.84 % ________________________________________________ (1) As reported by DCV, which records the Company’s shareholders’ register as of December 31, 2023 and 2022 Inversiones TLC SpA, a subsidiary wholly owned by Tianqi Lithium Corporation, is the direct owner of 62,556,568 Series A shares of the Company equivalent to 21.90% of SQM’s shares. In addition, as reported by Tianqi Lithium Corporation, it owns 748,490 Series B shares as reported by Inversiones TLC SpA. Accordingly, as of December 31, 2023, and 2022, Tianqi Lithium Corporation owns 22.16% of SQM's shares through Series A shares and ADS of Series B shares. (2) As of December 31, 2023, and 2022, Sociedad de Inversiones Pampa Calichera S.A. owned 46,600,458 Series A and B shares; 2,348,842 Series A shares held in custody by stockbrokers.

Basis of presentation for the c

Basis of presentation for the consolidated financial statements	12 Months Ended
	Dec. 31, 2023
Basis Of Presentation For The Consolidated Financial Statements [Abstract]
Basis of presentation for the consolidated financial statements	Basis of presentation for the consolidated financial statements 2.1 Accounting period These consolidated financial statements cover the following periods: (a) Consolidated statements of financial position as of December 31, 2023 and 2022. (b) Consolidated statements of income for the three years in the period ended December 31, 2023, 2022 and 2021. (c) Consolidated statements of comprehensive income for the three years in the period ended January 1 to December 31, 2023, 2022 and 2021. (d) Consolidated statements of changes in equity for the three years in the period ended December 31, 2023, 2022 and 2021. (e) Consolidated statements of cash flows for the three years in the period ended December 31, 2023, 2022 and 2021. 2.2 Consolidated financial statements The consolidated financial statements of the Company and subsidiaries have been prepared in accordance with IFRS, as issued by the IASB. These consolidated financial statements fairly present the Company’s financial position as of December 31,2023 and 2022 and the results of its operations, changes in equity and cash flows for the three years in the period ended December 31, 2023, 2022 and 2021. IFRS establish certain alternatives for their application, those applied by the Company are detailed in this Note and Note 3. The accounting policies used in the preparation of these consolidated financial statements comply with each IFRS in force at their date of presentation. 2.3 Basis of measurement The consolidated financial statements have been prepared on the historical cost basis except for the following: (a) Inventories are recorded at the lower of cost and net realizable value. (b) Financial derivatives measured at fair value. (c) Certain financial investments measured at fair value with an offsetting entry in other comprehensive income. 2.4 Accounting pronouncements New accounting pronouncements (a) The following standards, interpretations and amendments are mandatory for the first time for annual periods beginning on January 1, 2023: Amendments and improvements Description Mandatory for annual periods Amendment to IAS 12 – Deferred taxes related to assets and liabilities that arise from a single transaction. These amendments require companies to recognize deferred taxes on transactions that result in equal amounts in taxable and deductible temporary differences in the initial recognition. 01-01-2023 Amendment to IAS 12 "Income Taxes" on International Tax Reform - Pillar Two Model Rules. This amendment provides companies with a temporary exemption from accounting for deferred taxes arising from the Organization for Economic Cooperation and Development (OECD) international tax reform. The amendments also introduce specific disclosure requirements for affected companies. 01-01-2023 Management determined that the adoption of the aforementioned standards, amendments and interpretations did not significantly impact the Company’s consolidated financial statements. (b) Standards, interpretations and amendments issued that had not become effective for financial statements beginning on January 1, 2023 and which the Company has not adopted early are as follows: Standards and Interpretations Description Mandatory for annual periods Amendments to IAS 1 "Presentation of Financial Statements" about the classification of liabilities. This amendment clarifies that liabilities are classified as either current or non-current, depending on their rights as of the reporting date. The classification is not affected by the expectations of the entity or events after the reporting date. For example, the receipt of a waiver or non-compliance with an agreement. The amendment also clarifies what IAS 1 means when it refers to the “settlement" of a liability. The amendment should be applied retrospectively in accordance with IAS 8. 01-01-2024 Amendment to IAS 1 “Non-current liabilities with covenants”. The amendment is aimed at improving the information that an entity provides when the payment terms of its liabilities can be deferred depending on compliance with covenants within the twelve months following the date of issue of the financial statements. 01-01-2024 Amendments to IFRS 16 “Leases” On sales with leaseback, which explains how an entity should recognize the rights to use the asset and how the gains or losses from the sale and leaseback should be recognized in the financial statements. 01-01-2024 Amendments to IAS 7 "Statement of Cash Flows" and IFRS 7 "Financial Instruments: Disclosures" on supplier financing arrangements. These amendments require disclosures that improve the transparency of supplier financing arrangements and their effects on a company's liabilities, cash flows and exposure to liquidity risk. 01-01-2024 Amendments to IAS 21 - Lack of exchangeability. This amendment affects an entity that has a transaction in a foreign currency that cannot be exchanged with another currency for a specific purpose as of the measurement date. One currency is exchangeable into another when the other currency can be obtained with a normal administrative delay, and the transaction is performed using a market or exchange mechanism that creates enforceable rights and obligations. This amendment contains instructions regarding the exchange rate to be used when the currency is not exchangeable, as previously described. Early adoption is permitted. 01-01-2025 Management believes that the adoption of the above standards, amendments and interpretations will not have a significant impact on the Company’s financial statements. 2.5 Basis of consolidation (a) Subsidiaries The Company established control as the basis for consolidation of its financial statements. The Company controls a subsidiary when it is exposed, or has rights, to variable returns from its involvement with the subsidiary and has the ability to affect those returns through its power over the subsidiary. The consolidation of a subsidiary starts when the Group controls it and it is no longer included in the consolidation when this control is lost. Subsidiaries are consolidated through a line by line method, adding items that represent assets, liabilities, income and expenses with a similar content, and eliminating operations between companies within the SQM Group. Results for dependent companies acquired or disposed of during the period are included in the consolidated accounts from the date on which control is transferred to the Company or until the date when this control ends, as relevant. To account for an acquisition of a business, the Company uses the acquisition method. Under this method, the acquisition cost is the fair value of assets delivered, equity securities issued, and incurred or assumed liabilities at the date of exchange. Assets, liabilities and contingencies identifiable assumed in a business combination are measured initially at fair value at the acquisition date. For each business combination, the Company will measure the non-controlling interest of the acquiree either at fair value or as proportional share of net identifiable assets of the acquire The following tables detail general information as of December 31, 2023 and 2022 on the companies in which the group exercises control: Country of Functional Ownership Interest Subsidiaries TAX ID No. Address Incorporation Currency Direct Indirect Total SQM Nitratos S.A. 96.592.190-7 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 SQM Potasio S.A. 96.651.060-9 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 Serv. Integrales de Tránsito y Transf. S.A. 79.770.780-5 Arturo Prat 1060, Tocopilla Chile Dollar 0.0003 99.9997 100.0000 Isapre Norte Grande Ltda. 79.906.120-1 Aníbal Pinto 3228, Antofagasta Chile Peso 1.0000 99.0000 100.0000 Ajay SQM Chile S.A. 96.592.180-K Av. Pdte. Eduardo Frei 4900, Santiago Chile Dollar 51.000 - 51.000 Almacenes y Depósitos Ltda. 79.876.080-7 El Trovador 4285, Las Condes Chile Peso 1.0000 99.0000 100.0000 SQM Salar S.A. 79.626.800-K El Trovador 4285, Las Condes Chile Dollar 18.1800 81.8200 100.0000 SQM Industrial S.A. 79.947.100-0 El Trovador 4285, Las Condes Chile Dollar 99.0470 0.9530 100.0000 Exploraciones Mineras S.A. 76.425.380-9 El Trovador 4285, Las Condes Chile Dollar 0.2691 99.7309 100.0000 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. 76.534.490-5 Aníbal Pinto 3228, Antofagasta Chile Peso - 100.0000 100.0000 Soquimich Comercial S.A. 79.768.170-9 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Agrorama Ltda. (1) 76.064.419-6 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Hydro S.A. 96.801.610-5 El Trovador 4285, Las Condes Chile Dollar - 100.0000 100.0000 Agrorama S.A. 76.145.229-0 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Orcoma Estudios SPA 76.359.919-1 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 Orcoma SPA 76.360.575-2 Los Militares 4290, Las Condes Chile Dollar 100.0000 - 100.0000 SQM MaG SpA 76.686.311-9 Los Militares 4290, Las Condes Chile Dollar - 100.0000 100.0000 Sociedad Contractual Minera Búfalo 77.114.779-8 Los Militares 4290, Las Condes Chile Dollar 99.9000 0.1000 100.0000 SQM North America Corp. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar 40.0000 60.0000 100.0000 RS Agro Chemical Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 98.3333 1.6667 100.0000 Nitratos Naturais do Chile Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar - 100.0000 100.0000 SQM Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 0.0002 99.9998 100.0000 SQM Ecuador S.A. Foreign Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 Ecuador Dollar 0.00401 99.9960 100.0000 SQM Brasil Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar 0.5300 99.4700 100.0000 SQMC Holding Corporation. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta United States of America Dollar 0.1000 99.9000 100.0000 SQM Japan Co. Ltd. Foreign From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokio Japan Dollar 0.1597 99.8403 100.0000 Country of Functional Ownership Interest Subsidiaries TAX ID No. Address Direct Indirect Total SQM Europe N.V. (3) Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM International N.V. (3) Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar - - - SQM Indonesia S.A. Foreign Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede Indonesia Dollar - 80.0000 80.0000 North American Trading Company (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - SQM Virginia LLC (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - SQM Comercial de México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol. CP 45050, Zapopan, Jalisco México México Dollar 0.0100 99.9900 100.0000 SQM Investment Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 1.0000 99.0000 100.0000 Royal Seed Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 1.6700 98.3300 100.0000 SQM Lithium Specialties Limited Partnership (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - Comercial Caimán Internacional S.A. (2) Foreign Edificio Plaza Bancomer Panamá Dollar - - - SQM France S.A. Foreign ZAC des Pommiers 27930 Fauville France Dollar - 100.0000 100.0000 Administración y Servicios Santiago S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México México Dollar - 100.0000 100.0000 SQM Nitratos México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México México Dollar - 100.0000 100.0000 Soquimich European Holding B.V. Foreign Luna Arena, Herikerbergweg 238 1101 CM Amsterdan Holland Dollar - 100.0000 100.0000 SQM Iberian S.A. Foreign Provenza 251 Principal 1a CP 08008, Barcelona Spain Dollar - 100.0000 100.0000 SQM África Pty Ltd. Foreign Tramore House, 3 Wterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg South Africa Dollar - 100.0000 100.0000 SQM Oceanía Pty Ltd. Foreign Level 9, 50 Park Street, Sydney NSW 2000, Sydney Australia Dollar - 100.0000 100.0000 SQM Beijing Commercial Co. Ltd. Foreign Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. China Dollar - 100.0000 100.0000 SQM Thailand Limited Foreign Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok Thailand Dollar - 99.9980 99.9980 SQM Colombia SAS Foreign Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. Colombia Dollar - 100.0000 100.0000 SQM Australia Pty Foreign Level 16, 201 Elizabeth Street Sydney Australia Dollar - 100.0000 100.0000 SQM (Shanghai) Chemicals Co. Ltd. Foreign Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai China Dollar - 100.0000 100.0000 SQM Korea LLC Foreign Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea South Korea Dollar - 100.0000 100.0000 SQM Holland B.V. Foreign Herikerbergweg 238, 1101 CM Amsterdam Zuidoost Holland Dollar - 100.0000 100.0000 Soquimich Comercial Brasil Ltda. Foreign Avenida Bento Rocha, N° 821, Vila Alboitt, CEP 83221-565. Paranaguá Brazil Dollar - 100.0000 100.0000 (1) SQM has control over Comercial Agrorama Ltda.´s management (2) Comercial Caiman Internacional S.A. was liquidated at June 30, 2023. As of December 31, 2022, ownership interest over this entity was 100% indirect. (3) On July 1, 2023, SQM Europe N.V. absorbed its affiliate SQM International N.V. As of December 31, 2022, ownership interest over SQM International was 100% indirect. (4) During the fourth quarter, SQM Virginia LLC, North American Trading Company and SQM Lithium Specialties Limited Partnership were liquidated. As of December 31, 2022, ownership interest over these entities were 100% indirect. 2.6 Investments in associates and joint ventures Investments in joint arrangements are classified as joint operations or joint ventures. The classification depends on the contractual rights and obligations of each investor, rather than the legal structure of the joint arrangement. (a) Joint operations The Company recognizes its direct right to the assets, liabilities, income and expenses of the joint arrangement. (b) Joint ventures and investments in associates Interests in companies over which joint control is exercised (joint ventures) or where an entity has significant influence (associates) are recognized using the equity method. Significant influence is presumed to exist when the investor owns over 20% of the investee’s share capital. Under the equity method, the investment is recognized in the statement of financial position at cost and is adjusted to recognize changes in the Company's share of the net assets of the associate or joint venture since the date of acquisition. The Company's statement of income reflects the portion of the operating results of the associate or joint venture and any changes in other comprehensive income or direct changes in the associate's equity are reflected in the Company's equity. For such purposes, the percentage of ownership interest in the associate is used. At the time of acquisition, the difference between the investment cost and the net fair value of identifiable assets and liabilities of the investee is recognized as goodwill, which is presented as part of the carrying value of the investee and is not amortized. The debit or credit to the income statement reflects the proportional share of the associate's net income (loss). Changes in associate’s or joint ventures equity are recognized proportionally with a charge or credit to "Other Reserves" and are classified according to their origin. The reporting dates of the associate or joint ventures, the Company and related policies are similar for equivalent transactions and events in similar circumstances. In the event that significant influence is lost, or the investment is sold, or held for sale, the equity method is suspended, not recognizing the proportional share of the gain or loss. If the resulting value under the equity method is negative, the share of income is reflected as zero in the consolidated financial statements, unless there is a commitment by the Company to restore the capital position of the Company, in which case the related risk provision and expense are recorded. Dividends received by these companies are recorded by reducing the value of the investment and are shown in cash flows from operating activities, and the proportional share of the gain or loss recognized in accordance with the equity method is included in the consolidated income statement under "Share of Gains (Losses) of Associates and Joint Ventures Accounted for Using the Equity Method’’. Unrealized gains from transactions with joint ventures or associates are eliminated in accordance with the Company’s percentage interest in such entities. Any unrealized losses are also eliminated, unless that transaction provides evidence that the transferred asset is impaired.

Significant accounting policies

Significant accounting policies	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies
Significant accounting policies	Significant accounting policies 3.1 Classification of balances as current and non-current In the consolidated statement of financial position, balances are classified in consideration of their recovery maturity dates; i.e., those maturing within a period equal to or less than 12 months are classified as current counted from the closing date of the consolidated financial statements and those with maturity dates exceeding the aforementioned period are classified as non-current. The exception to the foregoing relates to deferred taxes, which are classified as non-current, regardless of the maturity they have. 3.2 Functional and presentation currency The Company’s consolidated financial statements are presented in United States dollars, without decimal places, which is the Company’s functional and presentation currency and is the currency of the main economic environment in which it operates. Consequently, the term foreign currency is defined as any currency other than the U.S. dollar. 3.3 Accounting policy for foreign currency translation (a) SQM group entities: The revenue, expenses, assets and liabilities of all entities that have a functional currency other than the presentation currency are converted to the presentation currency as follows: - Assets and liabilities are converted at the closing exchange rate prevailing on the reporting date. - Revenues and expenses of each statement of income account are converted at monthly average exchange rates. - All resulting foreign currency translation gains and losses are recognized as a separate component in translation reserves. In consolidation, foreign currency differences arising from the translation of a net investment in foreign entities are recorded in shareholder’s equity (“foreign currency translation reserve”). At the date of disposal, such foreign currency translation differences are recognized in the statement of income as part of the gain or loss from the sale. The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 4.85 5.28 4.90 5.25 New Peruvian sol 3.70 3.81 3.73 3.83 Japanese yen 140.90 131.32 143.94 134.70 Euro 0.90 0.93 0.92 0.94 Mexican peso 16.92 19.50 17.18 19.60 Australian dollar 1.46 1.47 1.49 1.48 Pound Sterling 0.78 0.83 0.79 0.82 South African rand 18.27 17.01 18.61 17.28 Chilean peso 877.12 855.86 875.06 873.81 Chinese yuan 7.12 6.92 7.15 6.98 Indian rupee 83.21 82.73 83.26 82.52 Thai Baht 34.36 34.64 34.95 34.76 Turkish lira 29.52 18.71 29.09 18.66 Korean Won 1,290.70 1,259.98 1,304.17 1,291.64 Indonesian Rupiah 15,399.00 15,570.00 15,502.63 15,596.90 United Arab Emirates dirham 3.67 3.67 3.67 3.67 Polish Zloty 3.93 4.37 3.97 4.42 UF (*) 41.94 41.02 42.04 40.18 ________________________________________________ (*) US$ per UF (b) Transactions and balances The Company’s non-monetary transactions in currencies other than the functional currency (Dollar) are translated to the respective functional currencies of Group entities at the exchange rate on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. All differences are recorded in the statement of income except for all monetary items that provide an effective hedge for a net investment in a foreign operation. These items are recognized in other comprehensive income until disposal of the investment, when they are recognized in the statement of income. Charges and credits attributable to foreign currency translation differences on those hedge monetary items are also recognized in other comprehensive income. Non-monetary assets and liabilities that are measured at historical cost in a foreign currency are retranslated to the functional currency at the historical exchange rate of the transaction. Non-monetary items that are measured based on fair value in a foreign currency are translated using the exchange rate at the date on which the fair value is determined. 3.4 Consolidated statement of cash flows Cash equivalents correspond to highly liquid short-term investments that are easily convertible into known amounts of cash and subject to insignificant risk of changes in their value and mature in less than three months from the date of acquisition of the instrument. For the purposes of the statement of cash flows, cash and cash equivalents comprise cash and cash equivalents as defined above. The statement of cash flows present cash transactions performed during the period, determined using the direct method. Other (outflows) inflows of cash from operating activities is composed as follows: For the year ended December 31, December 31, December 31, Banking expenses (15,603) (3,783) (1,921) Tax credits (3,353) (3,474) (2,403) Government grants 24,387 — — Value added tax (298,076) 120,283 80,503 Cost of bond issuance (18,346) (2,566) (16,570) (310,991) 110,460 59,609 3.5 Financial assets accounting policy Management determines the classification of its financial assets at fair value (either through other comprehensive income, or through profit or loss), and at amortized cost. The classification depends on the business model of the entity to manage the financial assets and the contractual terms of the cash flows. The initial value of the Company's financial assets valued at fair value through other comprehensive income includes the transaction costs that are directly attributable to acquiring that financial asset on the date the Company commits to acquiring it, whereas the transaction costs for financial assets valued at fair value through profit or loss are expensed. The initial value of trade and other receivables that do not include a significant financial component is their transaction price. After initial recognition, the Company measures its financial assets according to the Company’s business model for managing its financial assets and the contractual terms of its cash flows: (a) Financial debt instruments measured at amortized cost. Financial assets that meet the following conditions are included in this category (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows and (ii) the contractual conditions of the financial asset give place, on specified dates, to cash flows that are only payments of the principal and interest on the outstanding principal amount. The Company’s financial assets that meet these conditions are: (i) cash equivalents; (ii) related party receivables; (iii) trade debtors; (iv) other receivables. (b) Financial instruments at fair value. A financial asset should be measured at fair value through income or fair value through other comprehensive income, depending on the following: (i) "Fair value through other comprehensive income": Assets held to collect contractual cash flows and to be sold, where the asset cash flows are only capital and interest payments, are measured at fair value through other comprehensive income. Changes in book values are through other comprehensive income, except for the recognition of impairment losses, interest income and exchange gains and losses, which are recognized in the income statement. When a financial asset is derecognized, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to the income statement. Interest income from these financial assets is included in financial income using the effective interest method. (ii) "Fair value through profit or loss": Assets that do not meet the amortized cost or "Fair value through other comprehensive income" criteria are valued at "Fair value through income". (c) Financial equity instruments at fair value through other comprehensive income. Equity instruments that are not classified as held for trading and which the Group has irrevocably chosen to recognize in this category from its initial recognition to the reporting date. Amounts presented in other comprehensive income will not be subsequently transferred to the statement of income. 3.6 Financial assets impairment The Company evaluates expected credit losses associated with its debt instruments carried at amortized cost and fair value through other comprehensive income. The impairment method used depends on whether there has been a significant increase in credit risk. The Company assumes that the credit risk of a financial asset has increased significantly when it is more than 30 days past due. It is in default when the financial asset is more than 90 days past due and an individual analysis has concluded that it has a negative credit impairment. – Significant financial hardship – Breach of contract due to default – Probability of going bankrupt The Company assesses the credit impairment of its receivables as of each reporting date. A financial asset has credit impairment when one or more events have a negative impact on the expected cash flows from it. Evidence of credit impairment for a debtor is as follows: The Company applies the simplified approach to measure expected credit losses using the lifetime expected loss on all trade receivables. Expected credit losses are measured by grouping receivables by their shared credit risk characteristics and days overdue. The Company has concluded that the expected loss rates for trade receivables are a reasonable approximation of the loss rates for these assets. Expected loss rates are based on sales payment profiles and historical credit losses within this period. Historical loss rates are adjusted to reflect current expectations and information regarding macroeconomic factors that affect the ability of customers to meet their commitments. Impairment losses from receivables and contract assets are shown as net impairment losses in the line “Impairment of financial assets and reversal of impairment losses,” see Note 21.7. Any subsequent recoveries of financial assets previously charged off are credited to the same line. The gross value of a financial asset is charged off to the income statement when the Company has no reasonable expectation of recovering all or a portion of it, following an individual analysis prepared by management. 3.7 Financial liabilities Management accounts for its financial liabilities at amortized cost. Upon initial recognition, the Company measures its financial liabilities by their fair value less the transaction costs that are directly attributable to the acquisition of the financial liability. The Company subsequently measures its financial liabilities at amortized cost. Financial liabilities measured at amortized cost are commercial accounts payable and other accounts payable and other financial liabilities. Amortized cost is based using the effective interest rate method. Amortized cost is calculated by considering any premium or discount on the acquisition and includes transaction costs that are an integral part of the effective interest rate. 3.8 Estimated fair value of financial instruments The fair value of financial assets and liabilities is estimated using the following information. Although the data represent Management's best estimates, it is subjective and involves significant estimates regarding current economic conditions, market conditions and risk characteristics. Methodologies and assumptions used depend on the risk terms and characteristics of instruments and include the following as a summary: Fair value estimation Financial assets and liabilities measured at fair value consist of forwards hedging the mismatch in the balance sheet and cash flows, options hedging the mismatch in the balance sheet and cross currency swaps to hedge bonds issued in local currency (Peso/UF). The fair value of the Company’s assets and liabilities recognized by cross currency swaps contracts is calculated as the difference between the present value of discounted cash flows of the asset (Peso/UF) and liability (Dollar) parts of the derivative. In the case of the IRS, the asset value recognized is calculated as the difference between the discounted cash flows of the asset (variable rate) and liability (fixed rate) parts of the derivative. Forwards are calculated as the difference between the strike price of the contract and the spot price plus the forwards points at the date of the contract. Financial options: the value recognized is calculated using the Black-Scholes method. In the case of CCS, the entry data used for the valuation models are UF, Peso, Dollar and basis swap rates. In the case of fair value calculations for interest rate swaps, the Forward Rate Agreement rate and ICVS 23 Curve (Bloomberg: cash/deposits rates, futures, swaps). In the case of forwards, the forwards curve for the currency in question is used. Finally, for options, the spot price, risk-free rate and volatility of exchange rate are used, all in accordance with the currencies used in each valuation. The financial information used as entry data for the Company’s valuation models is obtained from Bloomberg, the well-known financial software company. Conversely, the fair value provided by the counterparties of derivatives contracts is used only as a control and not for valuation purposes. Fair value estimates for disclosure purposes • Cash equivalent approximates fair value due to the short-term maturities of these instruments. • Fair value of current trade receivables is considered to be equal to the carrying amount due to the maturity of such accounts at short-term. • Payables, current lease liabilities and other current financial liabilities’s fair value equal to book value due to the short-term maturity of these accounts. • The fair value of the debt (long-term secured and unsecured debentures; bonds denominated in local currency (Peso/UF) and foreign currency (Dollar), borrowings denominated in foreign currency (Dollar) of the Company are calculated at current value of cash flows subtracted from market rates upon valuation, considering the terms of maturity and exchange rates. The UF and Peso rate curves are used as inputs for the valuation model. This information is obtained through from the renowned financial software company, Bloomberg, and the Chilean Association of Banks and Financial Institutions. 3.9 Reclassification of financial instruments When the Company changes its business model for managing financial assets, it will reclassify all its financial assets affected by the new business model. Financial liabilities cannot be reclassified. 3.10 Financial instruments derecognition The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred; and the control of the financial assets has not been retained. The Company derecognizes a financial liability when its contractual obligations or a part of these are discharged, paid to the creditor or legally extinguished from the principle responsibility contained in the liability. 3.11 Derivative and hedging financial instruments Derivative financial instruments are recognized initially at fair value as of the date on which the derivatives contract is signed and, they are subsequently assessed at fair value. The method for recognizing the resulting gain or loss depends on whether the derivative has been designated as an accounting hedge instrument and, if so, it depends on the type of hedging, which may be as follows: a) Fair value hedge of assets and liabilities recognized (fair value hedges). b) Hedging of a single risk associated with a recognized asset or liability or a highly probable forecast transaction (cash flow hedge). At the beginning of the transaction, the Company documents the relationship that exists between hedging instruments and hedged items, as well as their objectives for risk management purposes and strategy to conduct the different hedging operations. The Company also documents its evaluation both at the beginning and at the end of each period if the derivatives used in hedging transactions are highly effective to offset changes in the fair value or in cash flows of hedged items. The fair value of derivative instruments used for hedging purposes is shown in Note 12.3. Derivatives that are not designated or do not qualify as hedging derivatives are classified as current assets or liabilities, and changes in the fair value are directly recognized through income. a) Fair value hedge Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recorded in the statement of income, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. The gain or loss relating to the effective portion of interest rate swaps that hedge fixed rate borrowings is recognized in the statement of income within finance costs, together with changes in the fair value of the hedged fixed rate borrowings attributable to interest rate risk. The gain or loss relating to the ineffective portion is recognized in income within other income or other expenses captions. If the hedge no longer meets the criteria for hedge accounting, the adjustment to the carrying amount of a hedged item for which the effective interest method is used is amortized to income over the period to maturity using a recalculated effective interest rate. b) Cash flow hedges The effective portion of the gain or loss on the hedging instrument is initially recognized with a debit or credit to other comprehensive income, while any ineffective portion is immediately recognized to income, as appropriate, depending on the nature of the hedged risk. The amounts accumulated in other comprehensive income are carried over to results when the hedged items are settled or when these have an impact on income. When a hedging instrument no longer meets the criteria for hedge accounting, any cumulative deferred gain or loss and deferred costs of hedging in equity at that time remains in equity until the forecast transaction occurs. When the forecast transaction is no longer expected to occur, the cumulative gain or loss and deferred costs of hedging that were reported in other comprehensive income are immediately reclassified to the statement of income. 3.12 Derivative financial instruments not considered as hedges Derivative financial instruments not considered as hedges are recognized at fair value with the effect in the statement of income for the year. The Company has derivative financial instruments to hedge foreign currency risk exposure. The Company continually evaluates the existence of embedded derivatives in both its contracts and in its financial instruments. As of December 31, 2023, and 2022, the Company does not have any embedded derivatives. 3.13 Deferred acquisition cost from insurance contracts Acquisition costs from insurance contracts are classified as prepayments and correspond to insurance contracts in force, recognized using the straight-line method and on an accrual basis independent of payment date. These are recognized under other non-financial assets current. 3.14 Leases (a) Right-of-use assets The Company recognizes right-of-use assets on the initial lease date (i.e., the date on which the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, adjusted by any new measurement of the lease liability. The cost of right-of-use assets includes the amount of recognized lease liabilities, direct initial costs incurred and lease payments made on the start date or sooner, less the lease incentives received. Unless the Company is reasonably sure it will take ownership of the leased asset at the end of the lease period, the assets recognized through right-of-use are depreciated in a straight line during the shortest period of their estimated useful life and lease period. Right-of-use assets are subject to impairment. (b) Lease liabilities On the lease start date, the Company recognizes lease liabilities measured at present value of lease payments that will be made during the lease period. Lease payments include fixed payments (including payments that are essentially fixed), less incentives for lease receivables, variable lease payments that are dependent on an index or rate and amounts that are expected to be paid as guaranteed residual value. Lease payments also include the exercise price of a purchase option if the Company is reasonably sure it will exercise this and penalty payments for terminating a lease, if the lease period reflects that the Company will exercise the option to terminate. Variable lease payments that are not dependent on an index or rate are recognized as expenses in the period that produces the event or condition that triggers payment. When calculating the present value of lease payments, the Company uses the incremental borrowing rate on the initial lease date if the interest rate implicit in the lease cannot be determined easily. After the start date, the lease liability balance will increase to reflect the accumulation of interest and will diminish as lease payments are made. Furthermore, the book value of lease liabilities is remeasured in the event of an amendment, a change in the lease period, a change in the fixed lease payments in substance or a change in the assessment to buy the underlying asset. Payments made that affect lease liabilities are presented as part of the financing activities in the cash flow statement. (c) Short-term leases and low-value asset leases The Company applies the short-term lease recognition exemption to leases with a lease term of 12 months or less starting on the start date and that don’t have a purchase option. It also applies the low-value asset lease recognition exemptions to leases less than the limit specified in the respective accounting standard. Lease payments in short-term leases and low-value asset leases are recognized as lineal expenses during the lease term. (d) Significant judgments in the determination of the lease term for contracts with renewal options. The Company determines the lease term as the non-cancellable period of the lease, together with periods covered by an option to extend the lease if it is reasonably certain that this will be exercised, or any period covered by an option to terminate the lease, if it is reasonably certain that this will not be exercised. The Company has the option, under some of its leases, to lease assets for additional terms. The Company applies its judgment when assessing whether it is reasonably certain that it will exercise the option to renovate. In other words, it considers all the relevant factors that create an economic incentive for it to exercise the option to renovate. After the start date, the Company reevaluates the lease term if there is a significant event or change in the circumstances that are under its control and affect its capacity to exercise (or not exercise) the option to renovate. 3.15 Inventory measurement The method used to determine the cost of inventories is the weighted average monthly cost of warehouse storage. In determining production costs for own products, the company includes the costs of labor, raw materials, materials and supplies used in production, depreciation and maintenance of the goods that participate in the production process, the costs of product movement necessary to maintain stock on location and in the condition in which they are found, and also includes the indirect costs of each task such as laboratories, process and planning areas, and personnel expenses related to production, among others. For finished and in-process products, the company has three types of provisions, which are reviewed quarterly: (a) Provision associated with the lower value of stock: The provision is directly identified with the product that generates it and involves three types: (i) provision of lower realizable value, which corresponds to the difference between the inventory cost of intermediary or finished products, and the sale price minus the necessary costs to bring them to the same conditions and location as the product with which they are compared; (ii) provision for future uncertain use that corresponds to the value of those products in process that are likely not going to be used in sales based on the company’s long-term plans; (iii) reprocessing costs of products that are unfeasible for sale due to current specifications. (b) Provision associated with physical differences in inventory: A provision is made for differences that exceed the tolerance considered in the respective inventory process (physical and annual inventories are taken for the productive units in Chile and the port of Tocopilla; the business subsidiaries depend on the last zero ground obtained, but in general it is at least once a year), these differences are recognized immediately. (c) Potential errors in the determination of stock: The company has an algorithm (reviewed at least once a year) that corresponds to diverse percentages assigned to each inventory based on the product, location, complexity involved in the associated measurement, rotation and control mechanisms. Inventories of raw materials, materials and supplies for production are recorded at acquisition cost. Cyclical inventories are performed in warehouses, as well as general inventories every three years. Differences are recognized at the moment they are detected. The company has a provision based on quarterly calculations from percentages associated with each type of material (classification by warehouse and rotation), these percentages use the lower value resulting from deterioration or obsolescence as well as potential losses. This provision is reviewed at least annually, and considers the historical results obtained in the inventory processes. 3.16 Non-controlling interests Non-controlling interests are recorded in the consolidated statement of financial position within equity but separate from equity attributable to the owners of the Parent. 3.17 Related party transactions Transactions between the Company and its subsidiaries are part of the Company’s normal operations within its scope of business activities. Conditions for such transactions are those normally effective for those types of operations with regard to terms and market prices. The maturity conditions vary according to the originating transaction. 3.18 Property, plant and equipment Property, plant and equipment are stated at acquisition cost, net of the related accumulated depreciation, amortization and impairment losses that they might have experienced. In addition to the price paid for the acquisition of tangible property, plant and equipment, the Company has considered the following concepts as part of the acquisition cost, as applicable: (a) Accrued interest expenses during the construction period that are directly attributable to the acquisition, construction or production of qualifying assets, which are those that require a substantial period prior to being ready for use. The interest rate used is that related to the project’s specific financing or, should this not exist, the average financing rate of the investor company. Financing costs are not capitalized for periods that exceed the normal term of acquisition, construction or installation of an asset, such as delays, interruptions or temporary suspension of the project due to technical, financial or other problems that prevent the asset from reaching a usable condition. (b) The future costs that the Company will have to experience, related to the closure of its facilities at the end of their useful life, are included at the present value of disbursements expected to be required to settle the and its subsequent variation is recorded directly in results. Having initially recognized provisions for closure and refurbishment, the corresponding cost is capitalized as an asset in “Property, plant and equipment” and amortized in line with the amortization criteria for the associated assets. Construction-in-progress is transferred to property, plant and equipment in operation once the assets are available for use and the related depreciation and amortization begins on that date. Extension, modernization or improvement costs that represent an increase in productivity, ability or efficiency or an extension of the useful lives of property, plant and equipment are capitalized as a higher cost of the related assets. All the remaining maintenance, preservation and repair expenses are charged to expense as they are incurred. The replacement of assets, which increase the asset’s useful life or its economic capacity, are recorded as a higher value of property, plant and equipment with the related derecognition of replaced or renewed elements. Gains or losses which are generated from the sale or disposal of property, plant and equipment are recognized as income (loss) and calculated as the difference between the asset’s sales value and its net carrying value. The cost of interest is recognized by applying an average or average weighted interest rate for all financing costs incurred by the Company to the final monthly balances for works underway and complies with the requirements of the required standard. 3.19 Depreciation of property, plant and equipment Property, plant and equipment are depreciated through the straight-line distribution of cost over the estimated technical useful life of the asset, which is the period in which the Company expects to use the asset. When components of one item of property, plant and equipment have different useful lives, they are recorded as separate assets and depreciated over their expected useful lives. Useful lives are reviewed on an annual basis. Fixed assets located in the Salar de Atacama consider useful life to be the lesser value between the technical useful life and the years remaining until 2030. In the case of certain mobile equipment, depreciation is performed depending on the hours of operation. The useful lives used for the depreciation and amortization of assets included in property, plant and equipment in years are presented below: Classes of property, plant and equipment Minimum life or Maximum life or Life or average rate Mining assets (*) 5 10 8 Energy generating assets 5 16 8 Buildings 4 25 13 Supplies and accessories 4 15 8 Office equipment 5 10 6 Transport equipment 6 20 9 Network and communication equipment 4 12 7 IT equipment 4 11 7 Machinery, plant and equipment 3 24 11 Other fixed assets 3 20 9 (*) Mining equipment includes SQM Australia's exploration assets, which are depreciated on a unit of production basis. 3.20 Goodwill Goodwill acquired represents the excess in acquisition cost on the fair value of the Company’s ownership of the net identifiable assets of the subsidiary on the acquisition date. Goodwill acquired related to the acquisition of subsidiaries is included in the line item goodwill, which is subject to impairment tests annually or more frequently if events or changes in circumstances indicate that it might be impaired and is stated at cost less accumulated impairment losses. Gains and losses related to the sale of an entity include the carrying value of goodwill related to the entity sold. This intangible asset is assigned to cash-generating units with the purpose of testing impairment losses. It is allocated based on cash-generating units expected to obtain benefits from the business combination from which the aforementioned goodwill acquired arose. 3.21 Intangible assets other than goodwill Intangible assets other than goodwill mainly relate to water rights, costs for rights of way for electricity lines, software and licensing costs, the development of computer software and mining property and concession rights. (a) Water rights Water rights acquired by the Company relate to water from natural sources and are recorded at acquisition cost. The Company separates water rights into: i) Finite rights with amortization using the straight-line method, and ii) Indefinite rights, which are not amortized, given that these assets represent rights granted in perpetuity to the Company and subject to an annual impairment assessment. (b) Rights of way for electric lines As required for the operation of industrial plants, the Company has paid rights of way in order to instal

Financial risk management

Financial risk management	12 Months Ended
	Dec. 31, 2023
Disclosure of nature and extent of risks arising from financial instruments [abstract]
Financial risk management	Financial risk management 4.1 Financial risk management policy The Company’s financial risk management policy is focused on safeguarding the stability and sustainability of the Company and its subsidiaries with regard to all such relevant financial uncertainty components. The Company’s operations are subject to certain financial risk factors that may affect its financial position or results. The most significant risk exposures are market risk, liquidity risk, currency risk, credit risk, and interest rate risk, among others. There could also be additional risks, which are either unknown or known but not currently deemed to be significant, which could also affect the Company’s business operations, its business, financial position, or statement of income. The financial risk management structure includes identifying, determining, analyzing, quantifying, measuring and controlling these events. Management and in particular, Finance Management, is responsible for constantly assessing the financial risk. 4.2 Risk Factors (a) Credit risk A global economic contraction may have potentially negative effects on the financial assets of the Company, which are primarily made up of financial investments and trade receivables, and the impact on of our customers could extend the payment terms of the Company’s receivables by increasing its exposure to credit risk. Although measures are taken to minimize the risk, this global economic situation could mean losses with adverse material effects on the business, financial position or statement of income of the Company’s operations. Trade receivables: to mitigate credit risk, the Company maintains active control of collection and requires the use of credit insurance. Credit insurance covers the risk of insolvency and unpaid invoices corresponding to 80% of all receivables with third parties. The credit risk associated with receivables is analyzed in Note 12.2 b) and the related accounting policy can be found in Note 3.6. Bank promissory notes: These are negotiable promissory notes issued by a bank payable upon maturity at the request of customers to guarantee collection of the Company. These notes are accepted based on the credit quality of the issuing banks. Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes P-1 A-1 - 2,061 Bank of Communications Bank notes P-1 A-2 - 8,783 Bank of NingBo Bank notes P-2 - - 1,065 China CITIC Bank Bank notes P-2 A-2 - 35,477 China Construction Bank Corporation Bank notes - A-1 - 1,802 China Everbright Bank Bank notes (P)P-2 A-2 - 2,647 China Guangfa Bank Bank notes P-3 A-3 - 1,245 China Merchants Bank notes - A-2 - 8,661 China Minsheng Bank Bank notes - A-3 - 3,097 China Zheshang Bank Bank notes - A-3 - 3,167 HuaXia Bank Bank notes - A-3 - 3,639 Industrial & Commercial Bank of China Limited Bank notes P-1 A-1 - 8,998 Industrial Bank Bank notes P-1 A-1+ - 12,177 International Bank of Macau Bank notes P-1 - F1+ 4,122 Shanghai Pudong Development Bank Bank notes P-2 A-2 - 20,549 Others Bank notes - - - 8,441 Total 125,931 Financial institution Financial assets Rating December 31, Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes P-1 A-1 F1+ 10,334 Bank of China Bank notes P-1 A-1 F1+ 27,936 Bank of Jiujiang Bank notes P-2 - - 1,964 Bank of Ningbo Bank notes P-2 - - 3,148 Others Bank notes - - - 1,887 Total 45,269 Concentrations of credit risk with regard to trade receivables are reduced, owing to the Company’s large number of clients and their distribution around the globe. No significant modifications have been made during the period to risk models or parameters used in comparison to December 31, 2023, and no modifications have been made to contractual cash flows that have been significant during this period, except for considering in December 31, 2022 the incorporation of cash flows received from insurance claims in the determination of the allowance for doubtful accounts. The effect of this change was not significant to the overall financial statements as of December 31, 2022. Financial investments: correspond to time deposits whose maturity date is greater than 90 days and less than 360 days from the date of investment, so they are not exposed to excessive market risks. The counterparty risk in implementation of financial operations is assessed on an ongoing basis for all financial institutions in which the Company holds financial investments. The credit quality of financial assets that are not past due or impaired can be evaluated by reference to external credit ratings (if they are available) or historical information on counterparty late payment rates: Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco Santander- Santiago Time deposits P-1 A-2 F2 6,318 Banco Crédito e Inversiones Time deposits P-1 A-2 - 1,001 Corpbanca Time deposits P-2 A-2 - 5,014 Banco de Chile Time deposits P-1 A-1 - 4,460 Scotiabank Sud Americano Time deposits - - F1+ 6,752 Banco Crédito e Inversiones Investment fund AA+ - - 5,031 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 22,845 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 312,924 Total 364,345 Banco Crédito e Inversiones Time deposits P-1 A-2 F2 74,459 Banco Morgan Stanley Margin Call P-1 A-2 F1 5,590 Banco Santander Time deposits P-1 A-2 - 100,083 Banco Itaú CorpBanca Time deposits P-2 A-2 - 372,061 Scotiabank Sud Americano Time deposits - - F1+ 672,720 Sumitomo Mitsui Banking Time deposits P-1 - F1 91,884 Total 1,316,797 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco Crédito e Inversiones Time deposits - A-2 F2 150,578 Banco Itaú Corpbanca Time deposits P-2 A-2 - 284,915 Banco Santander - Santiago Time deposits P-1 A-2 - 124,689 Scotiabank Chile Time deposits - - F1+ 416,026 Sumitomo Mitsui Banking Time deposits P-1 - - 122,631 Banco de Chile Time deposits - A-1 - 602 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 435,485 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 590,661 Total 2,125,587 Banco Crédito e Inversiones Time deposits - A-2 F2 187,707 Banco Itaú Corpbanca Time deposits P-2 A-2 - 15,048 Banco Santander - Santiago Time deposits P-1 A-2 - 51,444 Banco Estado Time deposits P-1 A-1 - 85,055 Scotiabank Chile Time deposits - - F1+ 250,362 Banco de Chile Time deposits - A-1 - 150,259 Sumitomo Mitsui Banking Time deposits P-1 - - 210,292 Total 950,167 (b) Exchange risk The functional currency of the company is the US dollar, due to its influence on the determination of price levels, its relation to the cost of sales and considering that a significant part of the Company’s business is conducted in this currency. However, the global nature of the Company’s business generates an exposure to exchange rate variations of several currencies with the US dollar. Therefore, the Company maintains hedge contracts to mitigate the exposure generated by its main mismatches (net between assets and liabilities) in currencies other than the US dollar against the exchange rate variation, updating these contracts periodically depending on the amount of mismatching to be covered in these currencies. Occasionally, subject to the approval of the Board, the Company ensures short-term cash flows from certain specific line items in currencies other than the US dollar. A significant portion of the Company’s costs, especially salary payments, is associated with the Peso. Therefore, an increase or decrease in its exchange rate with the US dollar will provoke a respective decrease or increase to these accounting costs, which would be reflected in the Company’s statement of income. By the fourth quarter of 2023, approximately US$873 million accumulated in expenses are associated with the Peso. As of December 31, 2023, the Company held derivative instruments classified as hedges of foreign exchange risks associated with 100% of all the bond obligations denominated in UF, for a net assets fair value of US$2.52 million, this significant variation is explained primarily by the USD/CLP exchange rate observed at the end of the period. As of December 31, 2022, this value corresponds to a net liability amounting US$ 11.73 million. Furthermore, on of December 31, 2023, the Company held derivative instruments classified as hedges of foreign exchange risks associated with 100% of all nominative term deposits in UF and in pesos, at a net liability fair value of US$18.30 million. As of December 31, 2022, a net liability fair value was recognized for an amount of US$29.98 million. The Company contracted derivatives classified as foreign exchange hedges for all the expected disbursements in Australian dollars for the Mt Holland project (See note 8.5), to hedge its exposure to cash flow variations. The fair value of this hedge was a net asset of US$ 1.44 million as of December 31, 2023. The Company had the following derivative contracts as of December 31, 2023 (at the absolute value of the sum of their notional values), to hedge the difference between its assets and liabilities: US$ 50.60 million CLP/US dollar derivative contracts, US$ 24.44 million Euro/US dollar derivative contracts, US$ 21.72 million in South African rand/US dollar derivative contracts, US$ 535.32 million in Chinese renminbi/US dollar derivative contracts, US$ 64.40 million in Australian dollar/US dollar derivative contracts and US$ 7.38 million in other currencies. These derivative contracts are held with domestic and foreign banks, which have the following credit ratings as of December 31, 2023. Financial institution Financial assets Rating Moody´s S&P Fitch Banco Estado Derivative P-1 - - Merrill Lynch International Derivative P-1 A-2 F1+ JP Morgan Derivative P-1 A-2 F1+ Morgan Stanley Derivative P-1 A-2 F1 The Bank of Nova Scotia Derivative P-1 A-1 F1+ Banco Itaú-Corpbanca Derivative P-2 A-2 - Goldman Sachs Derivative P-1 A-2 F1 (c) Interest rate risk Interest rate fluctuations, primarily due to the uncertain future behavior of markets, may have a material impact on the financial results of the Company. Significant increases in the rate could make it difficult to access financing at attractive rates for the Company’s investment projects. The Company maintains current and non-current financial debt at fixed rates and SOFR rate plus spread. As of December 31, 2023, the Company has 6.8% of its financial liabilities subject to variations SOFR rate. (d) Liquidity risk Liquidity risk relates to the funds needed to comply with payment obligations. The Company’s objective is to maintain financial flexibility through a comfortable balance between fund requirements and cash flows from regular business operations, bank borrowings, bonds, short term investments and marketable securities, among others. For this purpose, the Company keeps a high liquidity ratio 1 , which enables it to cover current obligations with clearance. (As of December 31, 2023 this was 2.33 and 2.29 for December 31, 2022). The Company has an important capital expense program which is subject to change over time. On the other hand, world financial markets go through periods of contraction and expansion that are unforeseeable in the long-term and may affect the Company’s access to financial resources. Such factors may have a material adverse impact on the Company’s business, financial position and results of operations. The Company constantly monitors the matching of its obligations with its investments, taking due care of maturities of both, from a conservative perspective, as part of this financial risk management strategy. As of December 31, 2023, the Company had unused, available revolving credit facilities with banks, for a total of US$1,116 million. Cash and cash equivalents are invested in highly liquid mutual funds with an AAA risk rating. Nature of undiscounted cash flows As of December 31, 2023 Carrying Less than 1 year 1 to 5 years Over 5 years Total (figures expressed in millions of US dollars) Bank borrowings 1,464.26 1,117.86 268.80 62.05 1,448.71 Unsecured obligations 2,999.17 98.88 729.56 2,733.92 3,562.36 Sub total 4,463.43 1,216.74 998.36 2,795.97 5,011.07 Hedging liabilities 25.37 24.11 30.08 1.30 55.49 Derivative financial instruments 14.81 14.81 — — 14.81 Sub total 40.18 38.92 30.08 1.30 70.30 Current and non-current lease liabilities (3) 75.16 19.94 56.45 3.79 80.18 Trade accounts payable and other accounts payable 449.63 449.63 — — 449.63 Total 5,028.40 1,725.23 1,084.89 2,801.06 5,611.18 (3) Leases subject to variability are not included . Nature of undiscounted cash flows As of December 31, 2022 Carrying Less than 1 year 1 to 5 years Over 5 years Total (figures expressed in millions of US dollars) Bank borrowings 330.80 144.83 220.33 — 365.16 Unsecured obligations 2,550.60 405.17 616.66 2,935.15 3,956.98 Sub total 2,881.40 550.00 836.99 2,935.15 4,322.14 Hedging liabilities 62.53 40.76 20.43 12.68 73.87 Derivative financial instruments 5.82 5.82 — — 5.82 Sub total 68.35 46.58 20.43 12.68 79.69 Current and non-current lease liabilities 61.73 13.94 36.33 27.85 78.12 Trade accounts payable and other accounts payable 374.79 374.79 — — 374.79 Total 3,386.27 985.31 893.75 2,975.68 4,854.74 As of December 31, 2023, the nominal value of the agreed cash flows in US dollars of the CCS contracts were ThUS$ 504,393 (ThUS$ 512,236 as of December 31, 2022). 4.3 Financial risk management The Company documents and maintains methods for qualitatively measuring the effectiveness and efficiency of financial risk management strategies. These methods are consistent with SQM Group’s risk management profile.

Separate information on the mai

Separate information on the main office, parent entity and joint action agreements	12 Months Ended
	Dec. 31, 2023
Separate Information On The Main Office, Parent Entity And Joint Action Agreements
Separate information on the main office, parent entity and joint action agreements	Separate information on the main office, parent entity and joint action agreements 5.1 Parent’s stand-alone assets and liabilities Parent’s stand-alone assets and liabilities As of As of ThUS$ ThUS$ Assets 8,824,362 8,430,376 Liabilities (4,383,163) (3,533,744) Equity 4,441,199 4,896,632 5.2 Parent entity Pursuant to Article 99 of the Securities Market Law, the CMF may determine that a company does not have a controlling entity in accordance with the distribution and dispersion of its ownership. On November 30, 2018, the CMF issued the ordinary letter No. 32,131 whereby it determined that the Pampa Group do not exert decisive power over the management of the Company since it does not have a predominance in the ownership that allows it to make management decisions. Therefore, the CMF has determined not to consider Pampa Group the controlling entity of the Company and that the Company does not have a controlling entity given its current ownership structure.

Board of Directors, Senior Mana

Board of Directors, Senior Management and Key management personnel	12 Months Ended
	Dec. 31, 2023
Board Of Directors, Senior Management And Key Management Personnel
Board of Directors, Senior Management and Key management personnel	Board of Directors, Senior Management and Key management personnel 6.1 Remuneration of the Board of Directors and Senior Management (a) Board of directors SQM S.A. is managed by a Board of Directors which is composed of 8 directors, who are elected for a three-year period. The Board of Directors was elected during the ordinary shareholders’ meeting held on April 26, 2023, which included the election of 2 independent directors. Subsequent to such election, the following is the integration of the Company's committees: - Directors’ Committee: This committee is comprised by Gina Ocqueteau Tacchini, Antonio Gil Nievas and Ashley Ozols and fulfills the functions established in Article 50 bis of Chilean Law on publicly-held corporations. This committee takes on the role of the audit committee in accordance with the US-based Sarbanes Oxley law. - The Company’s Health, Safety and Environment Committee: This committee is comprised of Antonio Schneider, Patricio Contesse Fica and Gonzalo Guerrero Yamamoto. - Corporate Governance Committee: This committee is comprised of Hernán Büchi Buc, Patricio Contesse Fica and Xu Tieying. During the periods covered by these financial statements, there are no pending receivable and payable balances between the Company, its directors or members of Senior Management, other than those related to remuneration, fee allowances and profit-sharing.There were no transactions between the Company, its directors and senior management for the three years ended December 31, 2023. (b) Board of Directors’ Compensation Board members’ compensation for 2022, that is from April 26, 2022 to April 26, 2023, was determined by the Annual General Shareholders Meeting held on April 26, 2022. It is as follows: (i) The payment of a fixed, gross and monthly amount of UF 800 in favor of the Chairman of the Board of Directors, of UF 700 in favor of the vice-president of the board of directors and of UF 600 in favor of the remaining six directors and regardless of the number of Board of Directors’ Meetings held or not held during the related month. (ii) A variable gross amount payable to the Chairman and Vice President of the board of directors equivalent to 0.12% of the net liquid income earned by the Company in the respective business year for each; and (iii) A variable gross amount payable to each Company director, excluding the Chairman and Vice President of the board of directors, equivalent to 0.06% of the net liquid income earned in the respective business year. To calculate the variable compensation amount for 2022, net earnings from 2022 will be considered, up to a maximum of 110% of the 2021 net earnings. Compensation of the Board for 2023, that is from April 26, 2023 to April 24, 2024, was determined by the Annual General Shareholders Meeting held on April 26, 2023. It is as follows: (i) The payment of a fixed, gross and monthly amount of UF 800 in favor of the Chairman of the Board of Directors, of UF 700 in favor of the vice-president of the board of directors and of UF 600 in favor of the remaining six directors and regardless of the number of Board of Directors’ Meetings held or not held during the related month. (ii) A variable gross amount payable to the Chairman and Vice President of the board of directors equivalent to 0.12% of the net liquid income that the Company effectively obtains during the respective business year for each; and (iii) A variable gross amount payable in local currency to each Company director, excluding the Chairman and Vice President of the Company, equivalent to 0.06% of the net liquid income that the Company effectively obtains during the respective business year. Net income for the 2023 fiscal year will be considered for the calculation of variable compensation for 2023. The amount of variable compensation for 2023 will be capped at 110% of the amount paid to the Company’s directors for variable compensation in 2022. These fixed and variable amounts for both periods shall not be challenged and those expressed in percentage terms shall be paid immediately after the respective annual general shareholders meeting approves the financial statements, the annual report, the account inspectors report and the external auditors report for the respective year. Accordingly, the compensation and profit sharing paid to members of the Directors' Committee and the directors as of December 31, 2023, amounted to ThUS$ 7,516 and as of December 31, 2022 to ThUS$ 6,711, and as of December 31, 2021 to ThUS$ 3,749. (c) Directors’ Committee compensation Compensation for the Board of Directors is the same for 2021, 2022 and 2023, as follows: (i) The payment of a fixed, gross and monthly amount of UF 200 in favor of each of the 3 directors who were members of the Directors’ Committee, regardless of the number of meetings of the Directors’ Committee that have or have not been held during the month concerned. (ii) The payment in domestic currency and in favor of each of the 3 directors of a variable and gross amount equivalent to 0.02% of total net income from the respective business year. To calculate the variable compensation amount for 2022, the net income from 2022 will be considered, up to a maximum of 110% of the 2021 net income. Profit for the 2023 fiscal year will be considered for the calculation of variable compensation for 2023. The amount of variable compensation for 2023 will be capped at 110% of the amount paid to the Company’s directors for variable compensation in 2022. These fixed and variable amounts for both periods shall not be challenged and those expressed in percentage terms shall be paid immediately after the respective annual general shareholders meeting approves the financial statements, the annual report, the account inspectors report and the external auditors report for the respective year. (d) Health, Safety and Environmental Matters Committee: The remuneration of this committee for the 2022 period was composed of the payment of a fixed, gross, monthly amount of UF 100 for each of the 3 directors on the committee regardless of the number of meetings it has held. For the 2023 period, this remuneration remains unchanged. (e) Corporate Governance Committee The remuneration for this committee for the 2022 period was composed of the payment of a fixed, gross, monthly amount of UF 100 for each of the 3 directors on the committees regardless of the number of meetings it has held. For the 2023 period, this remuneration remains unchanged. (f) Guarantees constituted in favor of the directors No guarantees have been constituted in favor of the directors. (g) Senior management compensation: (i) This includes monthly fixed salary and variable performance bonuses. (See Note 6.2) (ii) The Company has an annual bonus plan based on goal achievement and individual contribution to the Company’s results. These incentives are structured as a minimum and maximum number of gross monthly salaries and are paid once a year. (iii) In addition, there are retention bonuses for its executives (see Note 17.6) (h) Guarantees pledged in favor of the Company’s management No guarantees have been pledged in favor of the Company’s management. (i) Pensions, life insurance, paid leave, shares in earnings, incentives, disability loans, other than those mentioned in the above points. The Company’s Management and Directors do not receive or have not received any benefit during the years ended December 31, 2023, 2022 and 2021 or compensation for the concept of pensions, life insurance, paid time off, profit sharing, incentives, or benefits due to disability other than those mentioned in the preceding points. 6.2 Key management personnel compensation As of December 31, 2023, and 2022, the number of the key management personnel is 153 and 142, respectively. Key management personnel compensation For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ Key management personnel compensation 37,418 29,633 31,560 Please also see the description of the compensation plan for executives in Note 17.6.

Equity-accounted investees

Equity-accounted investees	12 Months Ended
	Dec. 31, 2023
Equity-Accounted Investees
Equity-accounted investees	Equity-accounted investees 7.1 Investments in associates recognized according to the equity method of accounting Equity-accounted investees Share in income of associates Share in other comprehensive income of Share in total comprehensive income of Associate As of As of For the year For the year For the year For the year For the year For the year For the year For the year For the year ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 17,657 17,654 3,733 5,351 2,802 — — — 3,733 5,351 2,802 Ajay Europe SARL 7,722 8,624 4,013 6,130 1,852 382 (498) 360 4,395 5,632 2,212 SAS Adionics 19,514 — (985) — — — — — (985) — — Electric Era Technologies Inc. 3,000 — — — — — — — — — — Altilium Metals Ltd. 7,620 — — — — — — — — — — Total 55,513 26,278 6,761 11,481 4,654 382 (498) 360 7,143 10,983 5,014 Dividends received for the year ending Associate Description of the nature Address Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL Distribution and commercialization of specialty plant nutrients in the Middle East. PO Box 71871, Abu Dhabi United Arab Emirates 37 % 633 3,000 9,438 Ajay North America Production and distribution of iodine and iodine derivatives. 1400 Industry RD Power Springs GA 30129 United States of North America 49 % 4,013 1,576 1,233 Ajay Europe SARL Production and distribution of iodine and iodine derivatives. Z.I. du Grand Verger BP 227 53602 Evron Cedex France 50 % 4,682 1,778 992 SAS Adionics Lithium extraction, salt separation, water treatment for production and lithium cleaning. 17 bis Avenue des Andes Les Ulis, 91940 France 20 % — — — Electric Era Technologies, Inc. Electric vehicle charging infrastructure, smart grid, renewable technology, demand management, battery storage. 3257 17th Ave W Suite 101 Seattle, Washington 98119. United States of America 6.82 % — — — Altilium Metals Ltd. Production of battery-ready cathode materials from electric vehicle batteries. Phase 2 Room 205 Davy Road, Derrifod, Plymouth. United Kingdom 3 % — — — Total 9,328 6,354 11,663 7.2 Assets, liabilities, revenue and expenses of associates The information disclosed reflects the amounts presented in the financial statements of the relevant associates and not the Company's share of those amounts. As of December 31, 2023 For the year ended December 31, 2023 Assets Liabilities Revenue Net income (loss) Other Comprehensive Associate Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 26,280 16,307 6,553 — 60,019 7,617 — 7,617 Ajay Europe SARL 27,263 3,197 15,015 — 73,952 8,025 12 8,037 SAS Adionics 19,645 12,294 5,141 917 4,156 (4,924) — (4,924) Electric Era Technologies, Inc. 15,486 242 3,702 — 674 (3,177) — (3,177) Altilium Metals Ltd. 1,896 118,228 24,679 — — (1,912) — (1,912) Total 90,570 150,268 55,090 917 138,801 5,629 12 5,641 As of December 31, 2022 For the year ended December 31, 2022 Assets Liabilities Revenue Net income (loss) Other Comprehensive Associate Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 30,455 15,972 10,395 2 63,482 10,919 — 10,919 Ajay Europe SARL 33,742 1,992 18,486 — 64,060 12,261 (21) 12,240 Total 64,197 17,964 28,881 2 127,542 23,180 (21) 23,159 For the year ended December 31, 2021 Revenue Net income (loss) Other Comprehensive Associate ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 47,375 5,718 — 5,718 Ajay Europe SARL 48,409 3,705 (34) 3,671 Total 95,784 9,423 (34) 9,389 7.3 Disclosures regarding interests in associates (a) Transactions for the year ended December 31, 2023 : • During the second quarter of 2023, the Company received dividends from Abu Dhabi Fertilizer Industries WWL totaling ThUS$ 633, which were presented under "Other gains (losses). • During the third quarter of 2023, the Company invested ThUS$20,383 to acquire a 20% interest in Adionics Société par actions simplifiée. • During the third quarter of 2023, the Company invested ThUS$7,620 to acquire a 3% interest in Altilium Metals Ltd., and ThUS$3,000 to acquire a 6.82% interest in Electric Era Technologies Inc. The Company has the right to appoint a director, specific rights over share transfers, and first refusal rights in future capital increases. (b) Transactions for the year ended December 31, 2022 : • During February 2022, the Company received dividends of ThUS$ 3,000 from Abu Dhabi Fertilizer Industries WWL which triggered a income of ThUS$ 523 recorded in the line item other (losses), corresponding to the excess over the account receivable recognized in December 2021. (c) Transactions for the year ended December 31, 2021 : • During the first quarter 2021, Kore Potash PLC made a share payment to its non-executive board members (remuneration shares) plus certain employees and former employees (performance shares) which resulted in 0.05% share reduction for the company, leaving it with 20.15%. During the second quarter of 2021, Kore Potash PLC approved a capital stock increase of ThUS$ 13,931 through the issuance of common shares, which resulted in a dilution of 5.5% of SQM shares in the company, with an impact of ThUS$ (5,778) on other gains (losses). As a result of the dilution, the Company considered that there has been a loss of significant influence on the investment, discontinued its measurement through the equity method, and recognized an amount of ThUS$ 3,739 under other gains (losses) related to items recognized in other comprehensive income associated with this investment. See Note 12.1 for more details. • As of December 31, 2021, the Company received dividends from Abu Dhabi Fertilizer Industries WWL of ThUS$ 9,438 and recognized an account receivable for ThUS$ 2,477 in dividends receivable. • On June 30, 2021, the Company made an assessment of the recovery of the investment in Abu Dhabi Fertilizer Industries WWL and recognized an impairment of ThUS$ 2,800 in other gains (losses). This impairment was reversed in the second half of the year as the recoverable value amount of the investment later increased.

Joint Ventures

Joint Ventures	12 Months Ended
	Dec. 31, 2023
Disclosure of joint ventures [abstract]
Joint Ventures	Joint Ventures 8.1 Investment in joint ventures accounted for under the equity method of accounting. Equity-accounted investees Share in income (loss) of joint ventures Joint Venture As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 19,490 20,793 (6,564) 8,208 6,304 Pavoni & C. Spa 7,870 7,315 396 470 174 Covalent Lithium Pty Ltd. — — 107 — — Pirra Lithium Pty Ltd. 3,544 — — — — Total 30,904 28,108 (6,061) 8,678 6,478 Share on other comprehensive income joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 2,450 674 429 (4,114) 8,882 6,733 Pavoni & C. Spa 139 (210) (317) 535 260 (143) Covalent Lithium Pty Ltd. (*) 1,583 90 37 1,690 90 37 Pirra Lithium Pty Ltd. — — — — — — Total 4,172 554 149 (1,889) 9,232 6,627 ________________________________________________ (*) Equity method investments with a negative value are presented under "Other non-current provisions" and total ThUS$ 766. The following companies were included in the consolidation: Equity-accounted investees Share in income (loss) of joint ventures Joint Venture As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (**) — 14,667 — 5,834 4,582 SQM Vitas Perú S.A.C. (1) 2,488 1,340 (2,302) 2,293 1,645 Total 2,488 16,007 (2,302) 8,127 6,227 Share on other comprehensive income of Share on total comprehensive income of Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (**) — 551 (429) — 6,385 4,153 SQM Vitas Perú S.A.C. (1) — — — (2,302) 2,293 1,645 Total — 551 (429) (2,302) 8,678 5,798 (**) As of December 31, 2023, the investment in SQM Vitas Brasil Agroindustria was sold. 1. These companies are subsidiaries of: SQM Vitas Fzco Dividends received for the year ending Joint venture Description of the nature Domicile Country of Share of As of As of As of ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. Production and commercialization of specialty plant, animal nutrition and industrial hygiene. Jebel ALI Free Zone P.O. Box 18222, Dubai United Arab Emirates 50 % — — — Pavoni & C. Spa Production of specialty fertilizers and others for distribution in Italy and other countries. Corso Italia 172, 95129 Catania -CT, Sicilia Italy 50 % — — — Covalent Lithium Pty Ltd. Development and operation of the Mt. Holland Lithium project, which will include the construction of a lithium extraction and refining mine. L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 Australia 50 % — — — SQM Vitas Brasil Agroindustria (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene. Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. Brazil 49.99 % — — — SQM Vitas Perú S.A.C. (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima Peru 50 % — — — Pirra Lithium Pty Ltd. Exploration and development of lithium assets.. Suite 12, 11 Ventnor Avenue, West Perth, WA 6605. Australia 37.5 % — — — Total — — — 8.2 Assets, liabilities, revenue and expenses from joint ventures The information disclosed reflects the amounts presented in the financial statements of the relevant joint ventures and not the Company's share of those amounts. As of December 31, 2023 For the year ended December 31, 2023 Assets Liabilities Revenue Net income (loss) Other Comprehensive Joint Venture Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) 34,056 — 52 — — 359 — 359 SQM Vitas Brasil Agroindustria (*) — — — — — — — — SQM Vitas Perú S.A.C. (*) 40,327 8,954 36,898 220 53,477 (4,603) — (4,603) Pavoni & C. Spa (*) 11,879 6,407 8,146 814 21,439 792 115 907 Covalent Lithium Pty Ltd. 6,980 2,602 7,106 4,009 — 215 — 215 Pirra Lithium Pty Ltd. — — — — — — — — Total 93,242 17,963 52,202 5,043 74,916 (3,237) 115 (3,122) As of December 31, 2022 For the year ended December 31, 2022 Assets Liabilities Net income (loss) Other Comprehensive Joint Venture Current Non-current Current Non-current Revenue ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) 9,618 — 49 — — 165 — 165 SQM Vitas Brasil Agroindustria (*) 73,045 6,111 45,894 — 162,026 11,670 602 12,272 SQM Vitas Perú S.A.C. (*) 59,196 7,285 49,596 117 61,387 4,586 — 4,586 Pavoni & C. Spa (*) 11,516 6,358 8,853 802 18,066 939 (344) 595 Covalent Lithium Pty Ltd. 2,077 3,088 7,062 3,017 — (2,648) — (2,648) Total 155,452 22,842 111,454 3,936 241,479 14,712 258 14,970 For the year ended December 31, 2021 Revenue Net income (loss) Other Comprehensive Joint Venture ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) — 159 — 159 SQM Vitas Brasil Agroindustria (*) 103,335 9,165 (858) 8,307 SQM Vitas Perú S.A.C. (*) 48,128 3,289 — 3,289 Pavoni & C. Spa (*) 19,599 347 (634) (287) Covalent Lithium Pty Ltd. — (864) 74 (790) Total 171,062 12,096 (1,418) 10,678 (*) The financial figures figures exclude consolidation adjustments (unrealized gains and losses) 8.3 Other joint venture disclosures Cash and cash equivalents Other current financial liabilities Other non-current financial liabilities Joint Venture As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 28,012 3,866 — — — — SQM Vitas Brasil Agroindustria — 3,820 — 9,753 — — SQM Vitas Perú S.A.C. 2,318 2,208 — 82 — 117 Pavoni & C. Spa 838 1,088 2,043 4,951 — — Covalent Lithium Pty Ltd. 1,865 1,931 — 494 — — Total 33,033 12,913 2,043 15,280 — 117 Depreciation and amortization expense Interest expense Income tax benefit (expense) Joint Venture As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. — — (1) (1) — — SQM Vitas Brasil Agroindustria — (331) — (333) — (3,164) SQM Vitas Perú S.A.C. (513) (360) (220) (298) 2,013 (2,370) Pavoni & C. Spa (213) (183) (418) (347) (392) (459) Covalent Lithium Pty Ltd. (691) (176) (16) (40) (107) 1,094 Total (1,417) (1,050) (655) (1,019) 1,514 (4,899) 8.4 Disclosure of interests in joint ventures a) Transactions in the year 2023 • On December 19, 2023, the joint venture SQM Vitas Fzco sold its 100% interest in SQM Vitas Brasil, generating an effect on the consolidated financial statements of a loss of ThUS$2.6 million. Prior to the sale of Vitas Brasil, Vitas Brasil distributed dividends to SQM Vitas Fzco for ThUS$14,282. Subsequently, in 2024 SQM Vitas Fzco distributed and paid dividends to the Company in the amount of ThUS$12,500. • During the fourth quarter of 2023, the Company made an investment of ThUS$3,544 in Pirra Lithium Pty Ltd with an equity interest of 37.5%. The Company has the right to nominate a director and anti-dilution rights in terms of its shareholding. In addition, it has the right to nominate a member of the technical committee in charge of exploration plans and budgets. • On December 19, 2023, the SQM Vitas Fzco joint venture made an agreement with the Company to purchase 50% of the SQM Vitas Peru joint venture, which will be completed during the second quarter of 2024 for approximately US$5 million subject to compliance with certain regulatory requirements. b) Transactions in the year 2022 • As of December 31, 2022, there are no transactions to disclose. c) Transactions in the year 2021 • On February 9, 2021, two of the Company’s subsidiaries signed an agreement to terminate a dispute related to sales contracts and interest in the joint venture of Sichuan SQM Migao Chemical Fertilizers Co Ltd. Consequently, the Company received a ThUS$ 11.5 million compensation. 8.5 Joint Operations In 2017, together with our subsidiary SQM Australia Pty, we entered into an agreement to acquire 50% of the assets of the Mt Holland lithium project in Western Australia. The Mt Holland lithium project is to design, construct and operate a mine, concentrator and refinery to produce lithium hydroxide. On February 17, 2021, the Board of Directors approved the investment in the Mount Holland lithium project in Western Australia. SQM's share of the project investment is expected to be approximately US$700 million, between 2021 and 2025. The feasibility study confirms an expected initial production capacity of 50,000 metric tons of lithium hydroxide during the second half of 2024. As of December 31, 2023, a total of US$720.6 million has been contributed to Mt. Holland. Lithium project The revised investment budget for this project considers a pending investment balance of US$124 million.

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
	Dec. 31, 2023
Cash and cash equivalents [abstract]
Cash and cash equivalents	Cash and cash equivalents 9.1 Types of cash and cash equivalents As of December 31, 2023 and 2022, cash and cash equivalents are detailed as follows: Cash As of As of ThUS$ ThUS$ Cash on hand 33 43 Cash in banks 676,282 529,606 Other demand deposits 709 — Total Cash 677,024 529,649 Cash equivalents As of As of ThUS$ ThUS$ Short-term deposits, classified as cash equivalents 23,545 1,099,441 Short-term investments, classified as cash equivalents 340,800 1,026,146 Total cash equivalents 364,345 2,125,587 Total cash and cash equivalents 1,041,369 2,655,236 9.2 Short-term investments, classified as cash equivalents As of December 31, 2023 and 2022, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in: Institution As of As of ThUS$ ThUS$ Legg Mason - Western Asset Institutional Cash Reserves 312,924 590,661 JP Morgan US dollar Liquidity Fund Institutional 22,845 435,485 Banco Crédito e Inversiones 5,031 — Total 340,800 1,026,146 Short-term investments are highly liquid mutual funds that are basically invested in short-term fixed rate notes in the U.S. and in Chile market. 9.3 Amount restricted cash balances The Company has granted a guarantee consisting of financial instruments, specified in deposits, custody and administration to Banco de Chile, for its subsidiary Isapre Norte Grande Ltda., in compliance with the provisions of the Superintendence of Health, which regulates social security health institutions. According to the regulations of the Superintendence of Health, this guarantee is for the total payable to its affiliates and medical providers. Banco de Chile reports the current value of the guarantee to the Superintendence of Health and Isapre Norte Grande Ltda. on a daily basis. As of December 31, 2023 and 2022, pledged assets are as follows Restricted cash balances As of As of ThUS$ ThUS$ Isapre Norte Grande Ltda. 950 717 Total 950 717 9.4 Short-term deposits, classified as cash equivalents The detail at the end of each balance date is as follows: Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of ThUS$ ThUS$ ThUS$ Banco Santander Fixed term Dollar 0.39 % 12-11-2023 01-05-2024 5,000 16 5,016 Banco Santander Fixed term Dollar 0.28 % 12-21-2023 01-08-2024 1,300 2 1,302 Banco Crédito e Inversiones Fixed term Dollar 0.80 % 12-28-2023 02-16-2024 1,000 — 1,000 Itaú Corpbanca Fixed term Dollar 0.27 % 12-18-2023 01-05-2024 3,000 6 3,006 Itaú Corpbanca Fixed term Dollar 0.54 % 12-04-2023 01-08-2024 2,000 8 2,008 Scotiabank Sud Americano Fixed term Dollar 0.45 % 12-18-2023 01-16-2024 2,700 5 2,705 Scotiabank Sud Americano Fixed term Dollar 0.23 % 12-20-2023 01-04-2024 2,200 4 2,204 Scotiabank Sud Americano Fixed term Dollar 0.16 % 12-29-2023 01-05-2024 1,140 1 1,141 Scotiabank Sud Americano Fixed term Dollar 0.78 % 12-13-2023 01-31-2024 700 2 702 Banco de Chile Fixed term Dollar 0.70 % 12-27-2023 02-09-2024 1,850 1 1,851 Banco de Chile Fixed term Dollar 1.02 % 12-04-2023 02-05-2024 1,300 6 1,306 Banco de Chile Fixed term Dollar 0.77 % 12-14-2023 01-31-2024 1,300 4 1,304 Total 23,490 55 23,545 Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of ThUS$ ThUS$ ThUS$ Banco Crédito e Inversiones Fixed term Peso 0.95 % 11-17-2022 01-25-2023 42,998 609 43,607 Banco Crédito e Inversiones Fixed term Peso 0.94 % 12-15-2022 01-25-2023 100,817 537 101,354 Itaú Corpbanca Fixed term Peso 0.96 % 12-06-2022 01-05-2023 41,421 343 41,764 Itaú Corpbanca Fixed term Peso 0.96 % 12-12-2022 01-25-2023 100,660 644 101,304 Itaú Corpbanca Fixed term Peso 0.95 % 11-17-2022 01-25-2023 32,248 458 32,706 Itaú Corpbanca Fixed term Peso 0.95 % 11-16-2022 01-25-2023 73,831 1,070 74,901 Itaú Corpbanca Fixed term Peso 0.96 % 12-13-2022 01-25-2023 30,146 183 30,329 Santander Fixed term Peso 0.95 % 12-16-2022 01-25-2023 103,288 523 103,811 Santander Fixed term Peso 0.94 % 12-06-2022 01-05-2023 20,710 168 20,878 Scotiabank Sud Americano Fixed term Peso 0.96 % 12-12-2022 01-25-2023 50,330 322 50,652 Scotiabank Sud Americano Fixed term Peso 0.98 % 12-13-2022 01-25-2023 100,487 621 101,108 Scotiabank Sud Americano Fixed term Peso 0.96 % 12-13-2022 01-25-2023 70,341 428 70,769 Scotiabank Sud Americano Fixed term Peso 0.97 % 12-14-2022 01-25-2023 100,258 584 100,842 Scotiabank Sud Americano Fixed term Dollar 4.54 % 11-21-2022 01-25-2023 82,000 424 82,424 Sumitomo Mitsui Banking Fixed term Dollar 4.54% 11-21-2022 01-25-2023 122,000 631 122,631 Banco Crédito e Inversiones Fixed term Dollar 0.42% 12-06-2022 01-06-2023 2,000 7 2,007 Banco Crédito e Inversiones Fixed term Dollar 0.44% 12-01-2022 01-03-2023 1,500 6 1,506 Banco Crédito e Inversiones Fixed term Peso 0.22% 12-30-2022 01-06-2023 2,103 1 2,104 Banco de Chile Fixed term Dollar 0.95% 12-12-2022 02-14-2023 600 2 602 Itaú Corpbanca Fixed term Dollar 1.02% 12-13-2022 02-16-2023 500 2 502 Itaú Corpbanca Fixed term Dollar 0.46% 11-30-2022 01-03-2023 1,000 4 1,004 Itaú Corpbanca Fixed term Dollar 0.42% 12-06-2022 01-06-2023 700 2 702 Itaú Corpbanca Fixed term Dollar 1.07% 12-21-2022 02-27-2023 1,700 3 1,703 Scotiabank Sud Americano Fixed term Dollar 0.66% 12-07-2022 01-27-2023 1,000 3 1,003 Scotiabank Sud Americano Fixed term Dollar 0.64% 11-16-2022 01-03-2023 2,500 15 2,515 Scotiabank Sud Americano Fixed term Dollar 0.72% 12-28-2022 02-13-2023 2,200 1 2,201 Scotiabank Sud Americano Fixed term Dollar 0.96% 12-30-2022 03-03-2023 500 — 500 Scotiabank Sud Americano Fixed term Dollar 0.58% 11-22-2022 01-03-2023 1,500 8 1,508 Scotiabank Sud Americano Fixed term Dollar 0.38% 12-16-2022 01-13-2023 1,500 3 1,503 Scotiabank Sud Americano Fixed term Dollar 0.87% 12-22-2022 02-16-2023 1,000 1 1,001 Total 1,091,838 7,603 1,099,441

Inventories

Inventories	12 Months Ended
	Dec. 31, 2023
Inventories
Inventories	Inventories The composition of inventory at each period-end is as follows: Type of inventory As of As of ThUS$ ThUS$ Raw material 61,098 27,035 Production supplies 77,810 68,426 Products-in-progress 744,217 590,946 Finished product 891,469 1,097,874 Total 1,774,594 1,784,281 As of December 31, 2023 and 2022, the Company held caliche stockpiles, solutions in solar ponds and intermediary salts amounting ThUS$ 503,318 and as of December 31, 2022 was ThUS$ 513,209 (including products in progress). As of December 31, 2023, bulk inventories recognized within work in progress were ThUS$ 221,559, while as of December 31, 2022 this value amounted to ThUS$ 122,284. As of December 31, 2023, bulk inventories recognized within finished goods were ThUS$ 164,029 (as of December 31, 2022, this value amounted to ThUS$ 198,796). As of December 31, 2023 and 2022, recognized inventory allowances, amounted to ThUS$ 133,768 and ThUS$ 104,057, respectively. For finished and in-process products, recognized allowances include the provision associated with the lower value of stock (considers lower realizable value, uncertain future use, reprocessing costs of off-specification products, etc.), provision for inventory differences and the provision for potential errors in the determination of inventories (e.g., errors in topography, grade, moisture, etc.). (See Note 3.15). For raw materials, supplies, materials and parts, the lower value provision was associated to the proportion of defective materials and potential differences. The breakdown of inventory allowances is detailed as follows: Type of inventory As of As of ThUS$ ThUS$ Raw material and supplies for production 7,724 4,186 Products-in-progress 104,970 83,499 Finished product 21,074 16,372 Total 133,768 104,057 The Company has not pledged inventory as collateral for the periods indicated above. As of December 31, 2023, and 2022, movements in provisions are detailed as follows: Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Beginning balance 104,057 75,892 80,930 Increase in Lower Value 32,926 29,693 (3,650) Additional Provision Differences of Inventory 455 (161) 330 Increase / Decrease eventual differences and others — — — Provision Used (3,670) (1,367) (1,718) Total changes 29,711 28,165 (5,038) Final balance 133,768 104,057 75,892 For further details, see accounting policy for inventory measurement in Note 3.15

Related party disclosures

Related party disclosures	12 Months Ended
	Dec. 31, 2023
Disclosure of transactions between related parties [abstract]
Related party disclosures	Related party disclosures 11.1 Related party disclosures Balances pending at period-end are not guaranteed, accrue no interest and are settled in cash, no guarantees have been delivered or received for trade and other receivables due from related parties or trade and other payables due to related parties. 11.2 Relationships between the parent and the entity Pursuant to Article 99 of Law of the Securities Market Law, the CMF may determine that a company does not have a controlling entity in accordance with the distribution and dispersion of its ownership. On November 30, 2018, the CMF issued the ordinary letter No. 32,131 whereby it determined that Pampa Group, do not exert decisive power over the management of the Company since it does not have a predominance in the ownership that allows it to make management decisions. Therefore, the CMF has determined not to consider Pampa Group as the controlling entity of the Company and that the Company does not have a controlling entity given its current ownership structure. 11.3 Detailed identification of related parties and subsidiaries As of December 31, 2023 and 2022, the detail of entities that are identified as subsidiaries or related parties of the SQM Group is as follows: Tax ID No Name Country of origin Functional currency Nature Foreign Nitratos Naturais Do Chile Ltda. Brazil Dollar Subsidiary Foreign SQM North America Corp. United States Dollar Subsidiary Foreign SQM Europe N.V. (4) Belgium Dollar Subsidiary Foreign Soquimich European Holding B.V. Netherlands Dollar Subsidiary Foreign SQM Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Comercial De México S.A. de C.V. Mexico Dollar Subsidiary Foreign North American Trading Company United States Dollar Subsidiary Foreign Administración y Servicios Santiago S.A. de C.V. Mexico Dollar Subsidiary Foreign SQM Perú S.A. (2) Peru Dollar Subsidiary Foreign SQM Ecuador S.A. Ecuador Dollar Subsidiary Foreign SQM Nitratos Mexico S.A. de C.V. Mexico Dollar Subsidiary Foreign SQMC Holding Corporation L.L.P. United States Dollar Subsidiary Foreign SQM Investment Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Brasil Limitada Brazil Dollar Subsidiary Foreign SQM France S.A. France Dollar Subsidiary Foreign SQM Japan Co. Ltd. Japan Dollar Subsidiary Foreign Royal Seed Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Oceania Pty Limited Australia Dollar Subsidiary Foreign Rs Agro-Chemical Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Indonesia S.A. Indonesia Dollar Subsidiary Foreign SQM Virginia L.L.C. United States Dollar Subsidiary Foreign Comercial Caimán Internacional S.A. (3) Panama Dollar Subsidiary Foreign SQM África Pty. Ltd. South Africa Dollar Subsidiary Foreign SQM Colombia SAS Colombia Dollar Subsidiary Foreign SQM Internacional N.V. Belgium Dollar Subsidiary Foreign SQM -Shanghai Chemicals Co. Ltd. China Dollar Subsidiary Foreign SQM Lithium Specialties LLC United States Dollar Subsidiary Foreign SQM Iberian S.A. Spain Dollar Subsidiary Foreign SQM Beijing Commercial Co. Ltd. China Dollar Subsidiary Foreign SQM Thailand Limited Thailand Dollar Subsidiary Foreign SQM Australia PTY Australia Dollar Subsidiary Tax ID No Name Country of origin Functional currency Nature Foreign SQM Holland B.V. Netherlands Dollar Subsidiary Foreign SQM Korea LLC Korea Dollar Subsidiary 96.801.610-5 Comercial Hydro S.A. Chile Dollar Subsidiary 96.651.060-9 SQM Potasio S.A. Chile Dollar Subsidiary 96.592.190-7 SQM Nitratos S.A. Chile Dollar Subsidiary 96.592.180-K Ajay SQM Chile S.A. Chile Dollar Subsidiary 79.947.100-0 SQM Industrial S.A. Chile Dollar Subsidiary 79.906.120-1 Isapre Norte Grande Ltda. Chile Peso Subsidiary 79.876.080-7 Almacenes y Depósitos Ltda. Chile Peso Subsidiary 79.770.780-5 Servicios Integrales de Tránsitos y Transferencias S.A. Chile Dollar Subsidiary 79.768.170-9 Soquimich Comercial S.A. Chile Dollar Subsidiary 79.626.800-K SQM Salar S.A. Chile Dollar Subsidiary 76.534.490-5 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. Chile Peso Subsidiary 76.425.380-9 Exploraciones Mineras S.A. Chile Dollar Subsidiary 76.064.419-6 Comercial Agrorama Ltda. Chile Peso Subsidiary 76.145.229-0 Agrorama S.A. Chile Peso Subsidiary 76.359.919-1 Orcoma Estudios SPA Chile Dollar Subsidiary 76.360.575-2 Orcoma SPA Chile Dollar Subsidiary 76.686.311-9 SQM MaG SpA Chile Dollar Subsidiary 77.114.779-8 Sociedad Contractual Minera Bufalo Chile Dollar Subsidiary Foreign Ajay North America United States Dollar Associate Foreign Abu Dhabi Fertilizer Industries WWL United Arab Emirates Arab Emirates dirham Associate Foreign Ajay Europe SARL France Euro Associate Foreign Electronic era Technologies Inc. United States Dollar Associate Foreign Altilium Metals Ltd. United Kingdom Pound Sterling Associate Foreign SAS Adionics France Euro Associate Foreign Pirra Lithium Pty Ltd. Australia Australian Dollar Associate Foreign SQM Vitas Fzco. United Arab Emirates Arab Emirates dirham Joint venture Foreign Covalent Lithium Pty Ltd. Australia Dollar Joint venture Foreign Pavoni & C, SPA Italy Euro Joint venture 96.511.530-7 Sociedad de Inversiones Pampa Calichera Chile Dollar Other related parties 96.529.340-K Norte Grande S.A. Chile Peso Other related parties Foreign SQM Vitas Brasil Agroindustria (6) Brazil Brazilian real Other related parties Foreign SQM Vitas Perú S.A.C. (1) Peru Dollar Other related parties _______________________________________________ (1) These Companies are subsidiaries of the joint venture SQM Vitas Fzco. (2) This Company was liquidated in December 2022. (3) This Company was liquidated in March 2023. (4) On July 1, 2023, SQM Europe N.V. absorbed SQM International N.V. (5) This new company was incorporated on December 11, 2023. (6) This company was sold on December 19, 2023. The following other related parties correspond to mining contractual corporations. Tax ID No. Name Country of origin Functional currency Relationship N/A Sociedad Contractual Minera Pampa Unión Chile Peso Other related parties Below is a list of transactions with clients and suppliers with whom a relationship with key Company personnel was identified: Tax ID No Name Country of origin Nature 90.193.000-7 El Mercurio S.A.P. Chile Other related parties 92.580.000-7 Empresa Nacional de Telecomunicaciones S.A. Chile Other related parties 96.806.980-2 Entel PCS Telecomunicaciones S.A. Chile Other related parties 97.004.000-5 Banco de Chile Chile Other related parties 99.012.000-5 Compañía de Seguros de Vida Consorcio Nacional Chile Other related parties 65.614.340-1 Corporación Endeavor Chile Chile Other related parties 82.135.600-8 Instituto Chileno administración empresas Chile Other related parties 96.532.830-0 Sociedad Inversiones Oro Blanco S.A. Chile Other related parties 11.4 Detail of related parties and related party transactions Transactions between the Company and its subsidiaries, associated businesses, joint ventures and other related parties are part of the Company’s common transactions. Their conditions are those customary for this type of transactions in respect of terms and market prices. Maturity terms for each case vary by virtue of the transaction giving rise to them. For the year ended December 31, 2023, 2022 and 2021, the detail of significant transactions with related parties is as follows Tax ID No Name Nature Country of origin Transaction For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ Foreign Ajay Europe S.A.R.L. Associate France Sale of products 45,314 45,205 35,597 Foreign Ajay Europe S.A.R.L. Associate France Dividends 4,682 1,778 992 Foreign Ajay North America LL.C. Associate United States Sale of products 30,791 41,814 27,763 Foreign Ajay North America LL.C. Associate United States Dividends 4,013 1,576 1,233 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Dividends 633 3,000 9,438 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Sale of products 9,019 51,748 79,086 Foreign SQM Vitas Perú S.A.C. Other related parties Perú Sale of products 17,312 58,077 17,016 Foreign Coromandel SQM India Joint venture India Sale of products — — 1,814 Foreign Pavoni & CPA Joint venture Italy Sale of products 5,541 4,138 5,359 Chile Banco de Chile Other related parties Chile Service Provider (32,418) (27,918) (20,904) Chile El Mercurio S.A.P. Other related parties Chile Service Provider (1,038) (90) (131) Chile Compañía de Seguros de Vida Consorcio Nacional Other related parties Chile Service Provider (33) (31) (134) Chile Entel PCS Telecomunicaciones S.A. Other related parties Chile Service Provider (182) (228) (157) Chile Gonzalo Guerrero Yamamoto Other related parties Chile Service Provider — (19) (79) Chile Empresa Nacional de Telecomunicaciones Other related parties Chile Service Provider (3,485) (1,746) (2,393) Chile Instituto Chileno administración empresas Other related parties Chile Service Provider (134) (46) — Chile Fundación para el desarrollo social Other related parties Chile Service Provider — (7) — Chile Corporación Endeavor Chile Other related parties Chile Service Provider (101) — — 11.5 Trade receivables due from related parties, current: Tax ID No Name Nature Country of origin Currency As of As of ThUS$ ThUS$ Foreign Ajay Europe S.A. R.L. Associate France Euro 8,932 7,967 Foreign Ajay North America LLC. Associate United States of America Dollar 4,393 8,354 96.511.530-7 Soc. de Inversiones Pampa Calichera Other related parties Chile Dollar 5 5 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Dollar — 32,054 Foreign SQM Vitas Perú S.A.C. Other related parties Peru Dollar 27,115 31,081 Foreign SQM Vitas Fzco. Joint venture United Arab Emirates United Arab Emirates Dirham 232 232 Foreign Pavoni & C SpA Joint venture Italy Euro 2,576 888 Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar — 1,041 Total 43,253 81,622 As of December 31, 2023 and 2022, receivables are net of provision for ThUS$ 800 and ThUS$ 1,378, respectively. 11.6 Other disclosures: Tax ID No Name Nature Country of origin Currency As of As of ThUS$ ThUS$ Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar 2,346 — Total 2,346 — 11.7 Other disclosures: Note 6 describes the remuneration of the board of directors, administration and key management personnel.

Financial instruments

Financial instruments	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about financial instruments [abstract]
Financial instruments	Financial instruments 12.1 Types of other current and non-current financial assets Description of other financial assets As of As of ThUS$ ThUS$ Financial assets at amortized cost (1) 1,316,797 950,167 Derivative financial instruments - For hedging 8,527 7,014 - Non-hedging (2) 519 4,174 Total other current financial assets 1,325,843 961,355 Financial assets at fair value through other comprehensive income (4) 232,268 9,497 Derivative financial instruments - For hedging 15,993 22,606 Other financial assets at amortized cost 20 23 Total other non-current financial assets 248,281 32,126 Institution As of As of ThUS$ ThUS$ Banco de Crédito e Inversiones 74,459 187,707 Banco Morgan Stanley (3) 5,590 — Banco Santander 100,083 51,444 Banco Itau CorpBanca 372,061 15,048 Banco Estado — 85,055 Banco de Chile — 150,259 Scotiabank Sud Americano 672,720 250,362 Sumitomo Mitsui Banking 91,884 210,292 Total 1,316,797 950,167 ________________________________________________ (1) Corresponds to term deposits whose maturity date is greater than 90 days and less than 360 days from the investment date constituted in the aforementioned financial institutions. (2) Correspond to forwards and options that were not classified as hedging instruments (See detail in Note 12.3). (3) As of December 31, 2023, collateral guarantees total ThUS$ 5,590, which are related to hedging derivative instruments.. As of December 31, 2022, there were no collateral guarantees. (4) During the first quarter of 2023, the Company made an investment of ThUS$13,480 to acquire a 19.99% interest in Azure Minerals Limited (a company listed on the Australian Stock Exchange). The Company and Azure have entered into an acquisition agreement under which the Company has the right to choose a director and acquire 25% of all lithium products in which Azure has an interest on commercially competitive market terms. During the third and fourth quarter, the Company invested an additional ThUS$12,904 and ThUS$4,317, respectively, to maintain its ownership interest. As of December 31, 2023, the Company did not exercise significant influence over this entity and therefore this investment has been recognized as a financial instrument at fair value with changes in other comprehensive income on an irrevocable basis. The impact on other comprehensive income amounts to ThUS$135,358, net of tax. 12.2 Trade and other receivables As of December 31, 2023 As of December 31, 2022 Trade and other receivables Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Trade receivables, current 784,422 — 784,422 1,002,223 — 1,002,223 Prepayments, current 74,630 — 74,630 38,709 — 38,709 Other receivables, current 18,163 2,559 20,722 16,648 2,091 18,739 Guarantee deposits (1) 29,966 — 29,966 29,840 — 29,840 Total trade and other receivables 907,181 2,559 909,740 1,087,420 2,091 1,089,511 See discussion about credit risk in Note 4.2. As of December 31, 2023 As of December 31, 2022 Trade and other receivables Gross Impairment Trade receivables, Gross Impairment Trade receivables, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Receivables related to credit operations, current 787,667 (3,245) 784,422 1,006,982 (4,759) 1,002,223 Prepayments, current 75,414 (784) 74,630 39,493 (784) 38,709 Other receivables, current 21,209 (3,046) 18,163 19,920 (3,272) 16,648 Guarantee deposits (1) 29,966 — 29,966 29,840 — 29,840 Other receivables, non-current 2,559 — 2,559 2,091 — 2,091 Total trade and other receivables 916,815 (7,075) 909,740 1,098,326 (8,815) 1,089,511 (1) During the third quarter of 2022, the Company signed an agreement for an option to potentially acquire a battery-grade lithium hydroxide monohydrate plant with a production capacity of approximately 20,000 tons per year from lithium sulfate salts. In addition, the transaction secures rights to adjacent land for future expansion. The acquisition cost totals CNY 869 million (ThUS$ 119,575) broken down into a deposit of CNY 204.5 million (ThUS$ 29,322) paid in the first quarter of 2022, The disbursement of the remaining amounts is subject to compliance with various conditions. The Company´s payments would be backed by various guarantees granted by the seller and any failure to fulfil the conditions required by the contract would be considered a material breach of contract, giving the Company the right to demand the restitution of the amounts already paid. As of December 31, 2023, and 2022 the renegotiated portfolio represented 0% of total trade receivables. (a) Impairment provision for doubtful receivables As of December 31, 2023 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 days Over 90 days Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 0% 2 % 7 % 2 % 39 % — — Total Gross Book Value 758,781 18,732 2,684 3,509 3,961 787,667 44,053 Impairment Estimate 1,007 422 197 67 1,552 3,245 800 As of December 31, 2022 Trade accounts receivable days past due Trade receivables Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 days Over 90 days Trade ThUS$ ThUS$ Expected Loss Rate on 0% 1 % 7 % 6 % 81 % — — Total Gross Book Value 968,129 30,187 1,457 3,336 3,873 1,006,982 83,000 Impairment Estimate 948 391 108 186 3,126 4,759 1,378 As of December 31, 2023, and 2022, movements in provisions are as follows: Provisions As of As of As of ThUS$ ThUS$ ThUS$ Impairment provision of Accounts receivable at the beginning of the year 10,193 14,716 27,273 Increase (decrease) impairment of accounts receivable (202) (3,369) 235 Write-off of receivables (1,351) — (11,091) Difference in exchange rate (765) (1,154) (1,701) Impairment provision of Accounts Receivable Provision at the end of the year 7,875 10,193 14,716 Trade and other Receivables Provision 3,245 4,759 10,352 Current other Receivables Provision 3,830 4,056 3,647 Trade receivables with related parties, current Provision 800 1,378 717 Recovery of Insurrance — — 210 Impairment provision of Accounts Receivable 7,875 10,193 14,716 12.3 Hedging assets and liabilities The balance represents derivative financial instruments measured at fair value which have been classified as hedges for exchange and interest rate risks relating to the total obligations with the public associated with bonds in UF and investments in Chilean pesos. (See more detail in Note 4.2 b). As of December 31, 2023 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps and Forwards Cash flow hedge derivatives Short term 7,038 30,442 — — Long term 15,993 8,368 — — Subtotal 23,031 38,810 (13,067) (2,712) Type of Instrument: Forwards Non-hedging derivates disbursement SQM Australia Pty Short term 1,489 — — — Long term — 52 — 1,437 Subtotal 1,489 52 — 1,437 Underlying Investments Hedge 24,520 38,862 (13,067) (1,275) Type of Instrument: Forwards/Options Non-hedge derivates with effect on income Short term 519 14,795 — — Underlying Investments Hedge 519 14,795 5,401 — Total Instruments 25,039 53,657 (7,666) (1,275) The Company recouponed the CCS with Santander Bank who had hedged the Series Q bond, by moving the UF/USD exchange rate upwards. This change increased the USD value of the bond by ThUS$16,440 and its interest payable. Santander Bank paid the company ThUS$17,320 on August 18, 2023 in exchange for this amendment. As of December 31, 2022 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps and Forwards Cash flow hedge derivatives Short term 7,014 42,754 — — Long term 15,467 19,772 — — Subtotal 22,481 62,526 (12,939) (27,106) Type of Instrument: Forwards Non-hedging derivates disbursement SQM Australia Pty Long term 7,139 — — 7,139 Subtotal 7,139 — — 7,139 Underlying Investments Hedge 29,620 62,526 (12,939) (19,967) Type of Instrument: Forwards/Options Non-hedge derivates with effect on income Short term 4,174 5,816 — — Underlying Investments Hedge 4,174 5,816 38,653 — Total Instruments 33,794 68,342 25,714 (19,967) ________________________________________________ (1) See underlying hedges in Note 4.2 letters b) and d) and movement of cash flow hedge reserve in Note 19.4. The balances in the column “Total Realized” consider the intermediate effects of the contracts that were in place between January 1 and December 31, 2023, and January 1 and December 31, 2022. Reconciliation of asset and As of December Cash Flow Income Statement Equity and Others As of December Hedge-to-debt derivatives (10,061) (14,850) 6,631 20,800 2,520 Hedging derivatives to investment (29,984) (10,082) 18,171 3,595 (18,300) Non-hedging derivatives disbursement SQM Australia Pty asset 7,139 1,183 (1,183) (5,702) 1,437 Non-hedging derivatives (1,642) (18,034) 5,401 — (14,275) Reconciliation of asset and As of December Cash Flow Income Statement Equity and Others As of December Hedge-to-debt derivatives (81,597) 8,616 37,494 25,426 (10,061) Hedging derivatives to investment 12,613 (52,698) 16,104 (6,003) (29,984) Non-hedging derivatives disbursement SQM Australia Pty asset — 2,022 — 5,117 7,139 Non-hedging derivatives (418) (39,878) 38,653 — (1,642) Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ H 91,718 UF 01/05/2024 O 58,748 UF 02/01/2030 P 134,228 UF 01/15/2028 Q 123,370 UF 06/01/2030 Effectiveness The Company uses CCS, Forwards and IRS to hedge the potential financial risk associated with exchange rate and interest rate volatility. The objective is to hedge the exchange rate and inflation financial risks associated with bond obligations, exchange rate financial risks associated with investments in Chilean pesos, exchange rate financial risk associated with projects under construction in Australian dollars and interest rate financial risk associated with bank loans. Hedges are documented and qualitatively assessed to demonstrate their effectiveness based on a comparison of their critical terms. The hedges used by the Company as of the reporting date are highly effective given that the amounts, currencies, exchange dates and rates of the hedged item and the hedge are aligned, maintaining a close economic relationship. 12.4 Financial liabilities Other current and non-current financial liabilities As of December 31, 2023, and 2022, the detail is as follows: As of December 31, 2023 As of December 31, 2022 Other current and non-current financial Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 1,164,262 295,518 1,459,780 130,840 197,522 328,362 Unsecured obligations 46,999 2,909,485 2,956,484 343,589 2,176,924 2,520,513 Derivative financial instruments For hedging 30,443 8,419 38,862 42,754 19,772 62,526 Non-Hedging 14,795 — 14,795 5,816 — 5,816 Total 1,256,499 3,213,422 4,469,921 522,999 2,394,218 2,917,217 a) Bank borrowings, current: As of December 31, 2023, the detail of this caption is as follows: Debtor Creditor Currency or Tax ID No Company Country Tax ID No. Financial institution Country Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Bank of Nova Scotia United States of America Dollar Upon maturity 06/21/2024 5.88 % 6.64 % 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain/South Korea Dollar Upon maturity 06/21/2024 4.49 % 6.36 % 93.007.000-9 SQM S.A. Chile 97.043.000-8 JP Morgan Chile Dollar Upon maturity 05/28/2024 6.69 % 6.69 % 93.007.000-9 SQM S.A. Chile 97.036.000-K Banco Santander Chile Dollar Upon maturity 05/17/2024 5.95 % 5.95 % 93.007.000-9 SQM S.A. Chile 97.036.000-K Banco Santander Chile Dollar Upon maturity 08/26/2024 6.88 % 6.88 % 93.007.000-9 SQM S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/30/2024 6.19 % 6.19 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 02/20/2024 6.18 % 6.18 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 06/10/2024 6.19 % 6.19 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 04/18/2024 6.01 % 6.01 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 10/17/2024 5.84 % 6.46 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 05/24/2024 6.17 % 6.17 % 93.007.000-9 SQM S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.947.100-0 SQM Industrial S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 05/16/2024 5.85 % 5.85 % 79.947.100-0 SQM Industrial S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/17/2024 6.07 % 6.07 % 79.626.800-K SQM Salar S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/30/2024 6.19 % 6.19 % 79.626.800-K SQM Salar S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 07/18/2024 5.92 % 6.15 % 79.626.800-K SQM Salar S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 06/10/2024 6.19 % 6.19 % 79.626.800-K SQM Salar S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 05/16/2024 5.85 % 5.85 % 79.626.800-K SQM Salar S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 06/21/2024 6.25 % 6.25 % Debtor Creditor Nominal amounts as of December 31, 2023 Current amounts as of December 31, 2023 Company Financial institution Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Bank of Nova Scotia — — — — 406 406 — 406 SQM S.A. Banco Santander — 120,000 120,000 — 124,383 124,383 — 124,383 SQM S.A. Banco Santander — 200,000 200,000 — 204,625 204,625 — 204,625 SQM S.A. Banco JP Morgan — 50,000 50,000 — 50,288 50,288 — 50,288 SQM S.A. Banco Santander/Kexim — — — — 177 177 — 177 SQM S.A. Scotiabank Chile — 25,000 25,000 — 25,898 25,898 — 25,898 SQM S.A. Banco Estado 15,000 — 15,000 15,569 — 15,569 — 15,569 SQM S.A. Banco Estado — 20,000 20,000 — 20,695 20,695 — 20,695 SQM S.A. BCI — 100,000 100,000 — 104,176 104,176 — 104,176 SQM S.A. BCI — 100,000 100,000 — 101,238 101,238 — 101,238 SQM S.A. BCI — 50,000 50,000 — 51,825 51,825 — 51,825 SQM S.A. Banco Itau — 10,000 10,000 — 10,309 10,309 — 10,309 SQM Industrial S.A. Banco de Chile — 30,000 30,000 — 31,077 31,077 — 31,077 SQM Industrial S.A. Banco Itau — 20,000 20,000 — 20,618 20,618 — 20,618 SQM Salar S.A. Banco Itau — 10,000 10,000 — 10,311 10,311 — 10,311 SQM Salar S.A. Banco Itau — 20,000 20,000 — 20,618 20,618 — 20,618 SQM Salar S.A. Scotiabank Chile — 50,000 50,000 — 51,864 51,864 — 51,864 SQM Salar S.A. Scotiabank Chile — 50,000 50,000 — 51,797 51,797 — 51,797 SQM Salar S.A. Banco Estado — 70,000 70,000 — 71,913 71,913 — 71,913 SQM Salar S.A. Banco Estado — 80,000 80,000 — 82,779 82,779 — 82,779 SQM Salar S.A. Banco de Chile — 40,000 40,000 — 41,436 41,436 — 41,436 SQM Salar S.A. Banco de Chile — 70,000 70,000 — 72,260 72,260 — 72,260 Total 15,000 1,115,000 1,130,000 15,569 1,148,693 1,164,262 — 1,164,262 As of December 31, 2022 Debtor Creditor Currency or Tax ID No Company Country Tax ID No. Financial institution Country Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman United States of America Dollar Upon maturity 05/30/2023 0.97 % 5.22 % 93.007.000-9 SQM S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 01/05/2023 4.50 % 4.50 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 01/05/2023 4.59 % 4.59 % Debtor Creditor Nominal amounts as of December 31, 2022 Current amounts as of December 31, 2022 Up to 90 days 90 days to Total Up to 90 days 90 days to 1 Subtotal Borrowing Total Company Financial institution ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman — 70,000 70,000 — 70,393 70,393 (149) 70,244 SQM S.A. Banco Itau 20,000 — 20,000 20,062 — 20,062 — 20,062 SQM S.A. Banco Estado 40,000 — 40,000 40,128 — 40,128 — 40,128 SQM S.A. Scotiabank — — — 406 — 406 — 406 Total 60,000 70,000 130,000 60,596 70,393 130,989 (149) 130,840 b) Unsecured obligations, current: As of December 31, 2023, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows: Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2024 Dollar Semiannual Upon maturity 0.80 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2024 Dollar Semiannual Upon maturity 2.39 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2024 Dollar Semiannual Upon maturity 3.62 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 03/10/2024 Dollar Semiannual Upon maturity 3.30 % 3.50 % 93.007.000-9 SQM S.A. Chile — ThUS$750,000 05/07/2024 Dollar Semiannual Upon maturity 6.89 % 6.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2024 UF Semiannual Semiannual 1.58 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2024 UF Semiannual Upon maturity 1.68 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2024 UF Semiannual Upon maturity 1.41 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2024 UF Semiannual Upon maturity 2.41 % 3.45 % Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile ThUS$250,000 4,648 — 4,648 4,648 — 4,648 (433) 4,215 SQM S.A. Chile ThUS$450,000 — 2,869 2,869 — 2,869 2,869 (677) 2,192 SQM S.A. Chile ThUS$400,000 7,508 — 7,508 7,508 — 7,508 (235) 7,273 SQM S.A. Chile ThUS$700,000 7,554 — 7,554 7,554 — 7,554 (555) 6,999 SQM S.A. Chile ThUS$750,000 — 7,312 7,312 — 7,312 7,312 (1,521) 5,791 SQM S.A. Chile H 17,599 — 17,599 17,599 — 17,599 (172) 17,427 SQM S.A. Chile O 987 — 987 987 — 987 (82) 905 SQM S.A. Chile P 1,871 — 1,871 1,871 — 1,871 (12) 1,859 SQM S.A. Chile Q — 359 359 — 359 359 (21) 338 Total 40,167 10,540 50,707 40,167 10,540 50,707 (3,708) 46,999 As of December 31, 2022 Debtor Number of Currency or Periodicity Tax I No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2023 Dollar Semiannual Upon maturity 1.17 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$300,000 04/03/2023 Dollar Semiannual Upon maturity 0.56 % 3.63 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2023 Dollar Semiannual Upon maturity 3.01 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2023 Dollar Semiannual Upon maturity 3.79 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 03/10/2023 Dollar Semiannual Upon maturity 3.44 % 3.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2023 UF Semiannual Semiannual 1.23 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2023 UF Semiannual Upon maturity 1.89 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2023 UF Semiannual Upon maturity 1.72 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2023 UF Semiannual Upon maturity 2.63 % 3.45 % Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to Subtotal Borrowing costs Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile ThUS$250,000 4,648 — 4,648 4,648 — 4,648 (433) 4,215 SQM S.A. Chile ThUS$300,000 — 302,658 302,658 — 302,658 302,658 (170) 302,488 SQM S.A. Chile ThUS$450,000 — 2,869 2,869 — 2,869 2,869 (679) 2,190 SQM S.A. Chile ThUS$400,000 7,508 — 7,508 7,508 — 7,508 (237) 7,271 SQM S.A. Chile ThUS$700,000 — 7,554 7,554 — 7,554 7,554 (555) 6,999 SQM S.A. Chile H 17,566 — 17,566 17,566 — 17,566 (172) 17,394 SQM S.A. Chile O 965 — 965 965 — 965 (82) 883 SQM S.A. Chile P 1,830 — 1,830 1,830 — 1,830 (12) 1,818 SQM S.A. Chile Q — 351 351 — 351 351 (20) 331 Total 32,517 313,432 345,949 32,517 313,432 345,949 (2,360) 343,589 c) Bank borrowings -non-current The following table shows the details of bank loans as of December 31, 2023: Debtor Creditor Currency or Type of amortization Effective rate Nominal rate Tax ID No. Company Country Tax ID No. Financial institution Country 93.007.000-9 SQM S.A. Chile O-E Bank of Nova Scotia Canada Dollar Upon Maturity 5.88 % 6.64 % 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain/South Korea Dollar Upon Maturity 5.49 % 6.36 % Debtor Creditor Nominal non-current maturities as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Bank of Nova Scotia — 200,000 — 200,000 — 200,000 — 200,000 (1,648) 198,352 SQM S.A. Banco Santander/Kexim — — 100,000 100,000 — — 100,000 100,000 (2,834) 97,166 Total — 200,000 100,000 300,000 — 200,000 100,000 300,000 (4,482) 295,518 As of December 31, 2022 Debtor Creditor Currency or Type of amortization Effective rate Nominal rate Tax ID No. Company Country Tax ID No. Financial institution Country 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman United States of America Dollar Upon Maturity 2.33 % 3.19 % 93.007.000-9 SQM S.A. Chile O-E Scotiabank Canada Dollar Upon Maturity 5.10 % 6.08 % Debtor Creditor Nominal non-current maturities as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of obtaining loans Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman — — — — — — — — — — SQM S.A. Scotiabank — 200,000 — 200,000 — 200,000 — 200,000 (2,478) 197,522 Total — 200,000 — 200,000 — 200,000 — 200,000 (2,478) 197,522 d) Unsecured obligations, non-current The following table shows the details of “unsecured debentures that accrue non-current interest” as of December 31, 2023: Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2025 Dollar Semiannual Upon maturity 4.24 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2029 Dollar Semiannual Upon maturity 4.14 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2050 Dollar Semiannual Upon maturity 4.23 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 09/10/2051 Dollar Semiannual Upon maturity 3.45 % 3.50 % 93.007.000-9 SQM S.A. Chile — ThUS$750,000 11/07/2033 Dollar Semiannual Upon maturity 6.89 % 6.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.54 % 3.45 % Nominal non-current maturities as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$250,000 250,000 — — — — 250,000 250,000 — — — — 250,000 (36) 249,964 ThUS$450,000 — — — — 450,000 450,000 — — — — 450,000 450,000 (2,991) 447,009 ThUS$400,000 — — — — 400,000 400,000 — — — — 400,000 400,000 (5,879) 394,121 ThUS$700,000 — — — — 700,000 700,000 — — — — 700,000 700,000 (14,787) 685,213 ThUS$750,000 — — — — 750,000 750,000 — — — — 750,000 750,000 (13,437) 736,563 H — — — — 83,887 83,887 — — — — 83,887 83,887 (861) 83,026 O — — — — 62,915 62,915 — — — — 62,915 62,915 (659) 62,256 P — — — — 125,830 125,830 — — — — 125,830 125,830 (40) 125,790 Q — — — — 125,830 125,830 — — — — 125,830 125,830 (287) 125,543 Total 250,000 — — — 2,698,462 2,948,462 250,000 — — — 2,698,462 2,948,462 (38,977) 2,909,485 As of December 31, 2022 Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2025 Dollar Semiannual Upon maturity 4.08 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2029 Dollar Semiannual Upon maturity 4.10 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2050 Dollar Semiannual Upon maturity 4.19 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 09/10/2051 Dollar Semiannual Upon maturity 3.42 % 3.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43 % 3.45 % Nominal non-current maturities as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$250,000 — — 250,000 — — 250,000 — — 250,000 — — 250,000 (469) 249,531 ThUS$450,000 — — — — 450,000 450,000 — — — — 450,000 450,000 (3,666) 446,334 ThUS$400,000 — — — — 400,000 400,000 — — — — 400,000 400,000 (6,112) 393,888 ThUS$700,000 — — — — 700,000 700,000 — — — — 700,000 700,000 (15,341) 684,659 H — — — — 96,967 96,967 — — — — 96,967 96,967 (1,034) 95,933 O — — — — 61,536 61,536 — — — — 61,536 61,536 (741) 60,795 P — — — — 123,072 123,072 — — — — 123,072 123,072 (52) 123,020 Q — — — — 123,073 123,073 — — — — 123,073 123,073 (309) 122,764 Total — — 250,000 — 1,954,648 2,204,648 — — 250,000 — 1,954,648 2,204,648 (27,724) 2,176,924 12.5 Trade and other payables a) Details trade and other payables As of December 31, 2023 As of December 31, 2022 Details trade and other payables Current Non-current Current Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Accounts payable 441,780 — 441,780 358,711 — 358,711 Other accounts payable 2,163 — 2,163 1,438 — 1,438 Prepayments from customers 5,690 — 5,690 14,640 — 14,640 Total 449,633 — 449,633 374,789 — 374,789 As of December 31, 2023, and 2022, the balance of current and past due accounts payable is made up as follows: Suppliers current on all payments Amounts according to payment periods as of December 31, 2023 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 246,789 2,654 2 — 1,653 — 251,098 Services 142,625 243 4 — 65 — 142,937 Others 50,335 — — — 7 — 50,342 Total 439,749 2,897 6 — 1,725 — 444,377 Amounts according to payment periods as of December 31, 2022 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 239,108 786 877 339 — — 241,110 Services 91,499 1,270 73 — 65 — 92,907 Others 34,325 — — — — — 34,325 Total 364,932 2,056 950 339 65 — 368,342 Suppliers past due on payments Amounts according to payment periods as of December 31, 2023 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 864 158 77 66 185 — 1,350 Services 1,557 57 24 8 19 — 1,665 Others 10 9 — — 59 — 78 Total 2,431 224 101 74 263 — 3,093 Amounts according to payment periods as of December 31, 2022 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 1,294 135 64 24 1,363 — 2,880 Services 1,548 174 20 1 196 — 1,939 Others 136 27 — — 27 — 190 Total 2,978 336 84 25 1,586 — 5,009 Purchase commitments held by the Company are recognized as liabilities when the goods and services are received by the Company. As of December 31, 2023, the Company has purchase orders amounting to ThUS$296,598 and ThUS$191,319 as of December 31, 2022. 12.6 Financial asset and liability categories a) Financial Assets As of December 31, 2023 As of December 31, 2022 Description of financial assets Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Cash and cash equivalent 1,041,369 — 1,041,369 2,655,236 — 2,655,236 Trade receivables due from related parties at amortized cost 43,253 — 43,253 81,622 — 81,622 Financial assets measured at amortized cost 1,316,797 20 1,316,817 950,167 23 950,190 Trade and other receivables 907,181 2,559 909,740 1,087,420 2,091 1,089,511 Total financial assets measured at amortized cost 3,308,600 2,579 3,311,179 4,774,445 2,114 4,776,559 Financial instruments for hedging purposes 8,527 15,993 24,520 7,014 22,606 29,620 Derivative financial instruments with effect in profit or loss (no hedge) 519 — 519 4,174 — 4,174 Financial assets classified as available for sale at fair value through other comprehensive income — 232,268 232,268 — 9,497 9,497 Total financial assets at fair value 9,046 248,261 257,307 11,188 32,103 43,291 Total financial assets 3,317,646 250,840 3,568,486 4,785,633 34,217 4,819,850 b) Financial Liabilities As of December 31, 2023 As of December 31, 2022 Description of financial liabilities Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ For hedging purposes through other comprehensive income 30,443 8,419 38,862 42,754 19,772 62,526 Held for trading at fair value through profit or loss 14,795 — 14,795 5,816 — 5,816 Financial liabilities at fair value 45,238 8,419 53,657 48,570 19,772 68,342 Bank loans 1,164,262 295,518 1,459,780 130,840 197,522 328,362 Unsecured obligations 46,999 2,909,485 2,956,484 343,589 2,176,924 2,520,513 Lease Liabilities 18,192 56,966 75,158 12,149 49,585 61,734 Trade and other payables 449,633 — 449,633 374,789 — 374,789 Total financial liabilities at amortized cost 1,679,086 3,261,969 4,941,055 861,367 2,424,031 3,285,398 Total financial liabilities 1,724,324 3,270,388 4,994,712 909,937 2,443,803 3,353,740 12.7 Fair value measurement of finance assets and liabilities The fair value hierarchy is detailed as follows: (a) Level 1: The fair value of financial instruments traded in active markets (such as publicly traded derivatives, and equity securities) is based on quoted market prices at the end of the reporting period. The quoted market price used for financial assets held by the Company is the current bid price. These instruments are included in level 1. (b) Level 2: The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined using valuation techniques which maximize the use of observable market data and rely as little as possible on entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2. (c) Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3. This is the case for unlisted equity securities. As of December 31, 2023 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value Fair amount Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 1,041,369 1,041,369 — 1,041,369 — — Other current financial assets - Time deposits 1,316,797 1,316,797 — — 1,316,797 — - Derivative financial instruments — — — — — - Forwards — — 324 — 324 — - Options — — 195 — 195 — - Hedging assets — — 8,527 — 8,527 — - Swaps — — — — — — Non-current accounts receivable 2,559 2,559 — — — — Other non-current financial assets: - Other 20 20 — — 20 — - Equity instruments — — 232,268 232,268 — — - Hedging assets – Swaps — — 15,993 15,993 — — Other current financial liabilities - Bank borrowings 1,164,262 1,164,262 — — 1,164,262 — - Derivative instruments — — — — — — - Forwards — — 14,525 — 14,525 — - Options — — 270 — 270 — - Hedging liabilities – Swaps — — 12,143 — 12,143 — - Swaps hedges, investments — — 18,300 — 18,300 — - Cash flow hedges — — — — — — - Unsecured obligations 46,999 46,999 — — 46,999 — Other non-current financial liabilities - Bank borrowings 295,518 295,518 — — 295,518 — - Unsecured obligati

Right-of-use assets and Lease l

Right-of-use assets and Lease liabilities	12 Months Ended
	Dec. 31, 2023
Right-Of-Use Assets And Lease Liabilities
Right-of-use assets and Lease liabilities	Right-of-use assets and Lease liabilities 13.1 Right-of-use assets Reconciliation of changes Land Buildings Other Transport Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 18,320 17,839 — 1,805 22,903 60,867 Additions 894 13,714 — 37 18,686 33,331 Depreciation expenses (687) (4,509) — (987) (11,088) (17,271) Transfer to property, plant and equipment — — — — — — Other increases (decreases) (228) (1,586) — — (1,920) (3,734) Total changes (21) 7,619 — (950) 5,678 12,326 Closing balance 18,299 25,458 — 855 28,581 73,193 Reconciliation of changes Land Buildings Other Transport Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 17,353 20,951 — 2,578 11,726 52,608 Additions 1,599 736 — 186 16,675 19,196 Depreciation expenses (12) (3,846) — (965) (4,383) (9,206) Transfer to property, plant and equipment (622) — — — (1,114) (1,736) Other increases (decreases) 2 (2) — 6 (1) 5 Total changes 967 (3,112) — (773) 11,177 8,259 Closing balance 18,320 17,839 — 1,805 22,903 60,867 The Company’s lease activities included the following aspects: (a) The nature of the Company’s lease activities is related to contracts focused primarily on business operations, mainly rights-of-use to equipment and real estate, (b) The Company does not estimate any significant future cash outflows that would potentially expose the Company, and these are likewise not reflected in the measurement of lease liabilities, related to concepts such as: (i) Variable lease payments, (ii) Extension options and termination options, (iii) Guaranteed residual value and (iv) Leases not yet undertaken but committed by the Company. (c) These are not subject to restrictions or agreements imposed by contracts. There were no sales transactions with leases later in the period. 13.2 Lease liabilities As of December 31, 2023 As of December 31, 2022 Lease liabilities Current Non-Current Current Non-Current ThUS$ ThUS$ ThUS$ ThUS$ Lease liabilities 18,192 56,966 12,149 49,585 Total 18,192 56,966 12,149 49,585 i) Current and non-current lease liabilities (a) As of December 31, 2023 and 2022, current lease liabilities are analyzed as follows: Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2023 Nominal amounts as of December 31,2023 Tax ID No. Company Country Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.00-9 SQM S.A. Chile Contract supplier UF 3.49% 20 46 66 19 46 65 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 3.02% 344 1,034 1,378 321 977 1,298 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.54% 1,492 4,040 5,532 1,400 3,718 5,118 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 2.58% 726 1,863 2,589 645 1,640 2,285 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 18 43 61 18 42 60 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.97% 374 1,123 1,497 336 956 1,292 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.16% 2 7 9 2 2 4 76.359.919-1 Orcoma SpA Chile Contract supplier UF 6.80% 1 2 3 1 2 3 Foreign SQM Australia Pty Australia Contract supplier Australian dollar 4.93% 725 1,896 2,621 721 1,884 2,605 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Dollar 3.74% 711 2,131 2,842 633 1,953 2,586 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican peso 9.73% 262 789 1,051 240 747 987 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 121 364 485 94 287 381 Foreign SQM North América Corp. United States Contract supplier Dollar 3.67% 106 267 373 97 244 341 Foreign SQM África Pty South Africa Contract supplier Rand 9.20% 344 1,007 1,351 267 820 1,087 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 2.45% 5 17 22 5 17 22 Foreign SQM Iberian Spain Contract supplier Euro 3.25% 15 48 63 14 44 58 Total 5,266 14,677 19,943 4,813 13,379 18,192 Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2022 Nominal amounts as of December 31,2022 Tax ID No. Company Country Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.000-9 SQM S.A. Chile Contract supplier UF 3.49% 20 59 79 18 55 73 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 2.75% 342 1,027 1,369 311 946 1,257 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.42% 1,010 2,929 3,939 917 2,700 3,617 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 3.10% 676 2,027 2,703 577 1,755 2,332 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 18 55 73 17 52 69 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.94% 342 886 1,228 306 790 1,096 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.80% 2 7 9 2 4 6 76.359.919-1 Orcoma SpA Chile Contract supplier UF 2.53% 1 4 5 1 4 5 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Dollar 3.45% 99 296 395 86 264 350 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican peso 7.84% 27 62 89 25 60 85 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 102 306 408 96 290 386 Foreign SQM North América Corp. United States Contract supplier Dollar 2.90% 102 308 410 91 279 370 Foreign SQM Australia PTY Australia Contract supplier Australian dollar 4.42% 807 2,355 3,162 648 1,798 2,446 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 1.38% 5 17 22 5 17 22 Foreign SQM África Pty South Africa Contract supplier Rand 8.51% 12 36 48 8 27 35 Total 3,565 10,374 13,939 3,108 9,041 12,149 (b) As of December 31, 2023 and 2022, the non-current lease liabilities are analyzed as follows: Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2023 Amounts at amortized cost as of December 31, 2023 Tax ID No. Company Country Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 2.61% 1,176 1,079 — 2255 1,133 1,064 — 2197 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.88% 6,185 3,728 — 9,913 5,901 3,630 — 9,531 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 2.06% 3,799 5,594 311 9,704 3,348 5,312 310 8,970 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.97% 1,844 969 181 2,994 2,020 938 173 3,131 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.80% 18 26 37 81 8 12 41 61 Foreign SQM North América Corp. Chile Contract supplier Dollar 4.99% 524 265 — 789 484 260 — 744 Foreign SQM Comercial de México S.A. de C.V. Chile Contract supplier Mexican Peso 6.79% 91 — — 91 90 — — 90 Foreign SQM Comercial de México S.A. de C.V. Chile Contract supplier Dollar 5.25% 3,197 1,131 — 4,328 3,040 1,105 — 4,145 Foreign SQM Australia Pty Mexico Contract supplier Australian dollar 4.92% 5,624 18,236 — 23,860 5,618 16,916 — 22,534 Foreign SQM África Pty Mexico Contract supplier Rand 9.20% 1,276 591 659 2,526 1,182 483 581 2,246 Foreign SQM Colombia S.A.S. Belgium Contract supplier Colombian peso 2.17% 1 — — 1 1 — — 1 Foreign SQM Europe N.V. United States Contract supplier Euro 1.30% 485 485 2,586 3,556 393 405 2,383 3,181 Foreign SQM Iberian Australia Contract supplier Euro 3.25% 61 61 16 138 58 60 17 135 Total 24,281 32,165 3,790 60,236 23,276 30,185 3,505 56,966 Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2022 Amounts at amortized cost as of December 31, 2022 Tax ID No. Company Country Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.000-9 SQM S.A. Chile Contract supplier UF 3.49% 66 — — 66 65 — — 65 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 3.55% 1,176 1,176 1,078 3,430 1,104 1,133 1,064 3,301 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.86% 5,633 1,605 347 7,585 5,363 1,545 346 7,254 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 3.10% 4,248 5,595 2,176 12,019 3,696 5,152 2,135 10,983 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 61 — — 61 60 — — 60 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.24% 1,774 1,619 261 3,654 1,612 1,545 244 3,401 76.359.919-1 Orcoma Estudios SpA Chile Contract supplier UF 2.53% 4 — — 4 3 — — 3 76.359.919-1 Orcoma Estudios SpA Chile Contract supplier Peso 6.80% 18 26 46 90 8 11 47 66 Foreign SQM North América Corp. United States Contract supplier Dollar 3.11% 606 515 — 1,121 554 498 — 1,052 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican Peso 3.45% 789 362 — 1,151 738 356 — 1,094 Foreign SQM Australia PTY Australia Contract supplier Australian dollar 4.28% 3,955 5,584 23,894 33,433 3,023 1,619 16,102 20,744 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 1.90% 18 — — 18 18 — — 18 Foreign SQM África Pty South Africa Contract supplier Rand 8.51% 12 36 48 96 82 42 — 124 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 888 564 — 1,452 861 559 — 1,420 Total 19,248 17,082 27,850 64,180 17,187 12,460 19,938 49,585 Other lease disclosures Total lease expenses related to lease payments that did not qualify under the scope of IFRS 16 were ThUS$ 93,049, ThUS$ 78,880 and ThUS$ 71,897 for the periods ended December 31, 2023, 2022 and 2021. See Note 20.8. Expenses related to variable payments not included in lease liabilities were ThUS$4,700, ThUS$3,631 and ThUS$1,313 for the periods ending December 31, 2023, 2022 and 2021. Income from subleases on right-of-use assets were ThUS$5, ThUS$142 and ThUS$146 as of December 31, 2023, 2022 and 2021, respectively. Payments for contractual operating leases are disclosed in Note 4.2 Liquidity Risk.

Intangible assets and goodwill

Intangible assets and goodwill	12 Months Ended
	Dec. 31, 2023
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, 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 As of December 31, 2022 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 3,249 Mining rights Finite 140,873 Water rights and rights of way Indefinite 4,909 Water rights Finite 11,369 Intellectual property Finite 5,850 Other intangible assets Finite 86 Intangible assets other than goodwill 166,336 Goodwill Indefinite 967 Total Intangible Asset 167,303 a) Movements in identifiable intangible assets as of December 31, 2023: Movements in identifiable intangible assets IT programs Mining rights, Water rights, Water rights Intellectual Other intangible Goodwill Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 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) At January 1, 2022 3,447 149,532 4,909 15,158 6,481 131 34,596 214,254 Additions 349 1,141 — — — 14 — 1,504 Amortization for the year (1,039) (8,482) — (3,789) (476) (59) — (13,845) Impairment losses recognized in income for the year (2) — (1,228) — — — — (33,629) (34,857) Other increases / decreases for foreign currency exchange rates (4) — — — (155) — — (159) Other increases (decreases) 496 (90) — — — — — 406 Subtotal (198) (8,659) — (3,789) (631) (45) (33,629) (46,951) As of December 31, 2022 3,249 140,873 4,909 11,369 5,850 86 967 167,303 Historical cost 36,457 162,716 7,420 18,000 7,215 2,291 4,501 238,600 Accumulated amortization (33,208) (21,843) (2,511) (6,631) (1,365) (2,205) (3,534) (71,297) (1) See Note 21.5 (2) A definition made in the fourth quarter of 2022 led to the identification of assets that are not in the company’s long-term business plan. Therefore, the Company recognized impairment for the value of certain intangible assets and associated goodwill in an amount of ThUS$34,149, which are related to the Iodine and Derivatives Cash Generating Unit. (b) Movements in identifiable goodwill as of December 31, 2023 and 2022: Accumulated impairment Goodwill at the beginning Additional Impairment losses recognized in Total increase Total ThUS$ 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 Accumulated impairment Goodwill at the beginning Additional Impairment losses recognized in income for the year (-) Total increase Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. (*) 22,255 — (22,255) (22,255) — SQM Iberian S.A. 148 — — — 148 SQM Investment Corporation 86 — — — 86 Soquimich European Holding B.V. (*) 11,383 — (11,374) (11,374) 9 SQM Potasio S.A. 724 — — — 724 Ending balance 34,596 — (33,629) (33,629) 967 (*) 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.

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
Property, plant and equipment	Property, plant and equipment As of December 31, 2023, and 2022, the detail of property, plant and equipment is as follows: 15.1 Types of property, plant and equipment Description of types of property, plant and equipment As of As of ThUS$ ThUS$ Property, plant and equipment, net Land 23,481 23,482 Buildings 285,487 273,913 Other property, plant and equipment 62,739 34,960 Transport equipment 9,165 9,487 Supplies and accessories 4,139 4,798 Office equipment 1,158 1,355 Network and communication equipment 1,605 1,872 Mining assets 154,715 60,284 IT equipment 2,092 3,147 Energy generating assets 2,893 3,253 Constructions in progress 1,834,041 1,328,508 Machinery, plant and equipment 1,228,422 981,779 Total 3,609,937 2,726,838 Property, plant and equipment, gross Land 23,481 23,482 Buildings 851,706 803,398 Other property, plant and equipment 291,053 250,058 Transport equipment 22,143 21,343 Supplies and accessories 31,132 29,426 Office equipment 13,346 13,141 Network and communication equipment 11,644 10,878 Mining assets 341,837 230,803 IT equipment 29,384 31,197 Energy generating assets 38,929 38,540 Constructions in progress 1,834,041 1,328,508 Machinery, plant and equipment 4,189,794 3,716,440 Total 7,678,490 6,497,214 Accumulated depreciation and value impairment of property, plant and equipment, total Accumulated depreciation and impairment of buildings (566,219) (529,485) Accumulated depreciation and impairment of other property, plant and equipment (228,314) (215,098) Accumulated depreciation and impairment of transport equipment (12,978) (11,856) Accumulated depreciation and impairment of supplies and accessories (26,993) (24,628) Accumulated depreciation and impairment of office equipment (12,188) (11,786) Accumulated depreciation and impairment of network and communication equipment (10,039) (9,006) Accumulated depreciation and impairment of mining assets (187,122) (170,519) Accumulated depreciation and impairment of IT equipment (27,292) (28,050) Accumulated depreciation and impairment of energy generating assets (36,036) (35,287) Accumulated depreciation and impairment of machinery, plant and equipment (2,961,372) (2,734,661) Total (4,068,553) (3,770,376) Description of classes of property, plant and equipment As of As of ThUS$ ThUS$ Property, plant and equipment, net Pumps 61,385 32,120 Conveyor Belt 16,589 17,135 Crystallizer 56,930 48,582 Plant Equipment 285,653 163,594 Tanks 39,422 25,923 Filter 69,246 47,976 Electrical equipment/facilities 110,255 110,275 Other Property, Plant & Equipment 68,967 112,628 Site Closure 40,696 36,673 Piping 142,013 107,481 Well 156,621 177,708 Pond 34,957 41,729 Spare Parts (1) 145,688 59,955 Total 1,228,422 981,779 ________________________________________________ (1) The reconciliation of the spare parts provisions as of December 31, 2023 and 2022 is as follows: Reconciliation As of As of ThUS$ ThUS$ Opening balance 52,072 48,262 Increase in provision 6,528 3,810 Closing balance 58,600 52,072 15.2 Reconciliation of changes in property, plant and equipment by type: Reconciliation of changes in property, plant and equipment by class as of December 31, 2023 and 2022: Reconciliation of changes in property, plant and equipment by class as of Land Buildings Other property, plant and equipment Transport equipment Supplies and accessories Equipment office Network and communication equipment Mining assets IT equipment Energy generating assets Assets under construction Machinery, plant and equipment Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ At January 1, 2023 23,482 273,913 34,960 9,487 4,798 1,355 1,872 60,284 3,147 3,253 1,328,508 981,779 2,726,838 Additions — — 545 — 52 8 208 — 207 — 1,091,840 2,347 1,095,207 Disposals — — — — — — — — (1) — — (17) (18) Depreciation for the year — (37,315) (13,337) (1,155) (1,809) (230) (670) (16,603) (890) (749) (179,989) (252,747) Impairment (2) — — — — — — — — — — — (47,059) (47,059) Increase (decrease) in foreign currency translation difference (6) (7) (35) (1) — (7) — — (3) — — (39) (98) Reclassifications — 48,677 40,657 801 1,099 31 195 111,059 (447) 389 (588,635) 386,174 — Other increases (decreases) (1) 5 219 (51) 33 (1) 1 — (25) 79 — 2,328 85,226 87,814 Decreases for classification as held for sale — — — — — — — — — — — — — Subtotal (1) 11,574 27,779 (322) (659) (197) (267) 94,431 (1,055) (360) 505,533 246,643 883,099 As of December 31, 2023 23,481 285,487 62,739 9,165 4,139 1,158 1,605 154,715 2,092 2,893 1,834,041 1,228,422 3,609,937 Historical cost 23,481 851,706 291,053 22,143 31,132 13,346 11,644 341,837 29,384 38,929 1,834,041 4,189,794 7,678,490 Accumulated depreciation — (566,219) (228,314) (12,978) (26,993) (12,188) (10,039) (187,122) (27,292) (36,036) — (2,961,372) (4,068,553) At January 1, 2022 23,507 270,563 32,846 2,463 5,556 1,386 1,359 38,241 3,570 3,970 731,787 896,977 2,012,225 Additions — 495 425 146 4 7 152 — 270 — 922,690 7,194 931,383 Disposals — — — — — — — — — — — (19) (19) Depreciation for the year — (32,915) (8,691) (962) (1,400) (248) (788) (12,871) (1,256) (717) — (158,865) (218,713) Impairment (2) — (156) — — — — — — — — — (7,928) (8,084) Increase (decrease) in foreign currency translation difference (5) (7) — — — (1) — — — — — (20) (33) Reclassifications 121 37,147 10,449 7,840 726 213 1,149 34,914 582 — (316,994) 223,853 — Other increases (decreases) (1) — (1,127) (69) — (88) (2) — — (19) — (8,975) 20,587 10,307 Decreases for classification as held for sale (141) (87) — — — — — — — — — — (228) Subtotal (25) 3,350 2,114 7,024 (758) (31) 513 22,043 (423) (717) 596,721 84,802 714,613 As of December 31, 2022 23,482 273,913 34,960 9,487 4,798 1,355 1,872 60,284 3,147 3,253 1,328,508 981,779 2,726,838 Historical cost 23,482 803,398 250,058 21,343 29,426 13,141 10,878 230,803 31,197 38,540 1,328,508 3,716,440 6,497,214 Accumulated depreciation — (529,485) (215,098) (11,856) (24,628) (11,786) (9,006) (170,519) (28,050) (35,287) — (2,734,661) (3,770,376) (1) The net balance of “Other Increases (Decreases)” corresponds to all those items that are reclassified to or from “Property, Plant and Equipment”, They can have the following origin: (i) work in progress which is expensed to the statement of income, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles (v) Provisions related to the investment plan and assets related to closing the site. (2) See note 21.5. This impairment corresponds to identified assets identified that will not be used in the operation due to their specific characteristics relating to the iodine and nitrate segments. 15.3 Detail of property, plant and equipment pledged as guarantee There are no restrictions in title or guarantees for compliance with obligations that affect property, plant and equipment. 15.4 Cost of capitalized interest, property, plant and equipment The rates and costs for capitalized interest of property, plant and equipment are detailed as follows: Costs of capitalized interest As of As of ThUS$ ThUS$ Weighted average capitalization rate of capitalized interest costs 5 % 4 % Amount of interest cost capitalized 43,331 24,708

Other current and non-current n

Other current and non-current non-financial assets	12 Months Ended
	Dec. 31, 2023
Other Current And Non-Current Non-Financial Assets
Other current and non-current non-financial assets	Other current and non-current non-financial assets As of December 31, 2023, and 2022, the detail of “Other Current and Non-current Assets” is as follows: Other non-financial assets, current As of As of ThUS$ ThUS$ Domestic Value Added Tax 63,973 81,361 Foreign Value Added Tax 24,889 66,926 Prepaid mining licenses 1,299 1,122 Prepaid insurance 15,022 33,896 Other prepayments 3,204 1,230 Refund of Value Added Tax to exporters 19,929 3,020 Other taxes 6,142 7,512 Other assets 2,292 1,268 Total 136,750 196,335 Other non-financial assets, non-current As of As of ThUS$ ThUS$ Exploration and evaluation expenses 57,458 44,023 Guarantee deposits 950 717 Foreign VAT (1) 308,084 — Other non-current assets 7,208 7,656 Total 373,700 52,396 ________________________________________________ (1) Value-added taxes to be recovered from the commercial office of SQM Shanghai Chemicals Co. Ltd., where that recovery is expected to take longer than 12 months. Movements in assets for the exploration and evaluation of mineral resources as of December 31, 2023, and 2022: Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Opening balance 44,023 26,752 17,883 Changes Additions 12,002 11,341 8,071 Reclassifications from/to short-term (inventory) 1,049 (465) 83 Amortization of ground studies (2,131) (2,421) (1,360) Reclassification from construction in progress 2,515 8,816 2,075 Total changes 13,435 17,271 8,869 Ending balance (*) 57,458 44,023 26,752 As of December 31, 2023 and 2022, no reevaluations of assets for exploration and assessment of mineral resources have been conducted. (*) This corresponds to the sum of expenditures for economically feasible exploration and exploration under operation (long-term). Mineral resource exploration, evaluation and Exploitation expenditure Given the nature of operations of the Company and the type of exploration it undertakes, disbursements for exploration can be found in 4 stages: Execution, economically feasible, not economically feasible and in exploitation: (a) Not economically feasible : Exploration and evaluation disbursements, once finalized and concluded to be not economically feasible, will be charged to income. As of December 31, 2023, and 2022 there were no disbursements for this concept. (b) Execution: Disbursements for exploration and evaluation under implementation and therefore prior to determination of economic feasibility, are presented as part of property, plant and equipment as constructions in progress. Explorations in execution As of As of ThUS$ ThUS$ Chile 9,062 3,699 Total 9,062 3,699 Conciliation of explorations in execution As of As of ThUS$ ThUS$ Opening balance 3,699 1,000 Disbursements 6,095 4,227 Reclassifications (732) (1,528) Total changes 5,363 2,699 Total 9,062 3,699 (c) Economically feasible : Reimbursements for exploration and evaluation whose study concluded that its economic viability is viable are classified in “Other non-financial assets, non-current.” Prospecting Type of Exploration As of As of ThUS$ ThUS$ Chile (1) Metallic/Non-Metallic 50,844 36,327 Total 50,844 36,327 ________________________________________________ (1) The value presented for Chile is composed as of December 2023 of ThUS 13,803 corresponding to non-metallic exploration and evaluation and ThUS$ 37,041 associated with metallic exploration. In December 2022, the amounts of non-metallic and metallic exploration were ThUS$ 11,417 ThUS$24,910 . Prospecting conciliation As of As of ThUS$ ThUS$ Opening balance 36,327 18,154 Additions 12,002 11,341 Reclassifications from Exploration in execution – Chile 2,515 8,864 Reclassifications to Exploration in Exploitation-Chile — (2,032) Total changes 14,517 18,173 Total 50,844 36,327 (d) In Exploitation : Caliche exploration disbursements that are found in this area are amortized based on the material exploited, the portion that is expected to be exploited in the following 12 months is presented as “Current Assets” in the “Inventories in process” and the remaining portion is classified as “Other Non-current Non-Financial Assets”. Short-Term Exploitation Conciliation As of As of ThUS$ ThUS$ Opening balance 1,700 1,235 Amortization of ground studies — — Reclasifications from/to short term (inventories) (1,049) 465 Total changes (1,049) 465 Total 651 1,700 Long-Term Exploitation Conciliation As of As of ThUS$ ThUS$ Opening balance 7,696 8,598 Amortization of ground studies (2,131) (2,421) Reclasifications from/to short term (inventories) 1,049 1,519 Total changes (1,082) (902) Total 6,614 7,696

Employee benefits

Employee benefits	12 Months Ended
	Dec. 31, 2023
Employee Benefits
Employee benefits	Employee benefits 17.1 Provisions for employee benefits Classes of benefits and expenses by employee As of As of ThUS$ ThUS$ Current Profit sharing and bonuses — 2,270 Performance bonus and operational targets 23,946 33,106 Total 23,946 35,376 Non-current Profit sharing and bonuses 18,428 8,973 Severance indemnity payments 43,578 34,899 Total 62,006 43,872 17.2 Policies on defined benefit plan This policy is applied to all benefits received for services provided by the Company’s employees. This is divided as follows: a) Short-term benefits for active employees are represented by salaries, social welfare benefits, paid time off, sickness and other types of leave, profit sharing and incentives and non-monetary benefits; e.g., healthcare service, housing, subsidized or free goods or services. These will be paid in a term which does not exceed twelve months. The Company maintains incentive programs for its employees, which are calculated based on the net result at the close of each period by applying a factor obtained from an evaluation based on their personal performance, the Company’s performance and other short-term and long-term indicators. b) Staff severance indemnities are agreed and payable based on the final salary, calculated in accordance with each year of service to the Company, with certain maximum limits in respect of either the number of years or in monetary terms. In general, this benefit is payable when the employee or worker ceases to provide his/her services to the Company and there are a number of different circumstances through which a person can be eligible for it, as indicated in the respective agreements; e.g. retirement, dismissal, voluntary retirement, incapacity or disability, death, etc. See Note 17.3. c) Obligations after employee retirement, described in Note 17.4. d) Retention bonuses for a group of Company executives, described in Note 17.6. 17.3 Other long-term benefits The actuarial assessment method has been used to calculate the Company’s obligations with respect to staff severance indemnities, which relate to defined benefit plans consisting of days of remuneration per year served at the time of retirement under conditions agreed in the respective agreements established between the Company and its employees. Under this benefit plan, the Company retains the obligation to pay staff severance indemnities related to retirement, without establishing a separate fund with specific assets, which is referred to as not funded . Benefit payment conditions The staff severance indemnity benefit relates to remuneration days for years worked for the Company without a limit being imposed in regard of amount of salary or years of service. It applies when employees cease to work for the Company because they are made redundant or in the event of their death. This benefit is applicable up to a maximum age of 65 for men and 60 for women, which are the usual retirement ages according to the Chilean pensions system as established in Decree Law 3,500 of 1980. Methodology The determination of the defined benefit obligation is made under the requirements of IAS 19 “Employee benefits”. 17.4 Post-employment benefit obligations Our subsidiary SQM NA, together with its employees established a pension plan until 2002 called the “SQM North America Retirement Income Plan”. This obligation is calculated measuring the expected future forecast staff severance indemnity obligation using a net salary gradual rate of restatements for inflation, mortality and turnover assumptions, discounting the resulting amounts at present value using the interest rate defined by the authorities. For workers under contract, since 2003, SQM NA offers benefits related to pension plans based on the 401-K system to its employees, which does not generate obligations for the Company. A settlement was reflected in the last quarter of 2023 for the purchase of annuities by the pension plan for all inactive participants. Reconciliation Changes in the benefit obligation As of As of As of ThUS$ ThUS$ ThUS$ Benefit obligation at the beginning of the year 279 9,550 9,864 Current cost of service — — — Interest cost 12 255 240 Actuarial loss 180 (1,357) (135) Settlement — (7,739) — Benefits paid (185) (430) (419) Total 286 279 9,550 Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Fair value of plan assets at the start of the year 4,982 13,497 12,888 Real return (loss) in the plan assets 584 (346) 1,028 Benefits paid (185) (430) (419) Settlement — (7,739) — Fair value of plan assets at the end of the year 5,381 4,982 13,497 Non-current-assets 5,095 4,703 3,947 Elements not yet recognized as components of the cost of periodic net pensions: Net actuarial income at the beginning of the year 59 1,039 192 Settlement — (1,627) — Gain 190 647 847 Adjustment to recognize the minimum pension obligation 249 59 1,039 Cost of service or benefits received during the year As of As of As of ThUS$ ThUS$ ThUS$ Financial cost 12 255 240 Real loss in plan assets (214) (363) (316) Settlement — (1,627) — Net periodic pension expenses (202) (1,735) (76) 17.5 Staff severance indemnities As of December 31, 2023, and 2022, severance indemnities calculated at the actuarial value are as follows: Staff severance indemnities As of As of As of ThUS$ ThUS$ ThUS$ Opening balance (34,899) (27,099) (32,199) Current cost of service (4,624) (4,204) (4,978) Interest cost (2,236) (1,928) (1,303) Actuarial gain loss (5,947) (5,305) 3,999 Exchange rate difference 769 551 4,971 Benefits paid during the year 3,359 3,086 2,411 Total (43,578) (34,899) (27,099) (a) Actuarial assumptions The liability recorded for staff severance indemnity is valued at the actuarial value method, using the following actuarial assumptions: Actuarial assumptions As of As of As of Annual/Years Mortality rate RV - 2020/CB - 2020 RV - 2014 RV - 2014 Discount interest rate 5.32% 5.12% 5.67% Inflation rate 3.00% 3.41% 3.20% Voluntary retirement rate: Men 3.82 % 6.49 % 6.49 % Annual Women 3.82 % 6.49 % 6.49 % Annual Salary increase 4.01 % 3.00 % 3.00 % Annual Retirement age: Men 65 65 65 Years Women 60 60 60 Years (b) Sensitivity analysis of assumptions As of December 31, 2023, 2022 and 2021, the Company has conducted a sensitivity analysis of the main assumptions of the actuarial calculation, determining the following: Sensitivity analysis as of December 31, 2023 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (2,575) 2,898 Employee turnover rate (338) 378 Sensitivity analysis as of December 31, 2022 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (2,090) 2,352 Employee turnover rate (274) 307 Sensitivity analysis as of December 31, 2021 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,614) 1,817 Employee turnover rate (212) 237 Sensitivity relates to an increase/decrease of 100 basis points. 17.6 Executive compensation plan The Company currently has a compensation plan with the purpose of motivating the Company’s executives and encouraging them to remain with the Company. There are two compensation plans in effect as of December 31, 2023: I) Share-based compensation plan (a) Plan characteristics This compensation plan is paid in cash. (b) Plan participants and payment dates A total of 41 Company executives are entitled to this benefit, provided they remain with the Company until year end of 2025. The payment dates, where relevant, will be during the first quarter of 2026. This compensation plan was approved by the Board and was first applied on January 1, 2022. The liability related to this compensation plan amounts to ThUS$18,428 and ThUS$ 8,495 as of December 31, 2023 and 2022, respectively. The income statement was charged with ThUS$9,933 and ThUS$8,495 during the periods ended December 31, 2023 and 2022, respectively. II) Share-based compensation plan The share-based compensation plan was approved by the Board and included 188,740 shares. The effects on the statement of income correspond to an expense of ThUS$ 2,251 and ThUS$ 5,978 for the years ended 2022 and 2021.

Provisions and other non-financ

Provisions and other non-financial liabilities	12 Months Ended
	Dec. 31, 2023
Disclosure of other provisions [abstract]
Provisions and other non-financial liabilities	Provisions and other non-financial liabilities 18.1 Types of provisions As of December 31, 2023 As of December 31, 2022 Types of provisions Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Provision for legal complaints (1) 106 1,195 1,301 52,106 1,603 53,709 Provision for dismantling, restoration and rehabilitation cost (2) — 58,459 58,459 — 53,995 53,995 Other provisions (3) 392,216 796 393,012 1,251,040 2,455 1,253,495 Total 392,322 60,450 452,772 1,303,146 58,053 1,361,199 ________________________________________________ (1) These provisions correspond to legal processes that are pending resolution or that have not yet been disbursed, these provisions are mainly related to litigation involving the subsidiaries located in Chile, Brazil and the United States (see note 20.1). (2) Sernageomin commitments for the restoration of the location of the production sites have been incorporated. This cost value is calculated at discounted present value, using flows associated with plans with an evaluation horizon that fluctuates between 8 and 25 years for potassium-lithium operations and 11 to 22 years for nitrate-iodine operations. The rates used to discount future cash flows are based on market rates for the aforementioned terms. (3) See Note 18.2. 18.2 Description of other provisions Current provisions, other short-term provisions As of As of ThUS$ ThUS$ Rent under Lease contract (1) 354,205 1,189,326 Provision for additional tax related to foreign loans 1,641 1,085 End of agreement bonus 6,979 35,819 Other bonuses to workers 6,933 — Directors’ per diem allowance 4,676 4,250 Miscellaneous provisions 17,782 20,560 Total 392,216 1,251,040 ________________________________________________ (1) Payment Obligations for the lease contract with CORFO: These correspond to obligations assumed in the Lease Agreement. Our subsidiary SQM Salar holds exclusive rights to exploit the mineral resources in an area covering approximately 140,000 hectares of land in the Salar de Atacama in northern Chile, of which SQM Salar is only entitled to exploit the mineral resources in 81,920 hectares. These rights are owned by Corfo and leased to SQM Salar pursuant to the Lease Agreement. Corfo cannot unilaterally amend the Lease Agreement and the Project Agreement, and the rights to exploit the resources cannot be transferred. The Lease Agreement establishes that SQM Salar is responsible for making quarterly lease payments to Corfo according to specified percentages of the value of production of minerals extracted from the Salar de Atacama brines, maintaining Corfo’s rights over the Mining Exploitation Concessions and making annual payments to the Chilean government for such concession rights. The Lease Agreement was entered into in 1993 and expires on December 31, 2030. On January 17, 2018, SQM and CORFO reached an agreement to end an arbitration process directed by the arbitrator, Mr. Héctor Humeres Noguer, in case 1954-2014 of the Arbitration and Mediation Center of Santiago Chamber of Commerce and other cases related to it. The agreement signed in January 2018, includes important amendments to the lease agreement and project agreement signed between CORFO and SQM in 1993. The main modifications became effective on April 10, 2018 and require (i) higher lease payments as a result of increased lease rates associated with the sale of the different products produced in the Salar de Atacama, including lithium carbonate, lithium hydroxide and potassium chloride; (ii) SQM Salar commits to contribute between US$10.8 and US$18.9 million per year to research and development efforts, between US$10 and US$15 million per year to the communities near the Salar de Atacama basin, and to annually contribute 1.7% of SQM Salar’s total annual sales to regional development; (iii) Corfo authorization for CCHEN to establish a total production and sales limit for lithium products produced in the Salar de Atacama of up to 349,553 metric tons of lithium metal equivalent (1,860,671 tons of lithium carbonate equivalent), which is in addition to the approximately 64,816 metric tons of lithium metal equivalent (345,015 tons of lithium carbonate equivalent) remaining from the originally authorized amount; (iv) provisions relating to the return of real estate and movable property leased to Corfo, the transfer of environmental permits to Corfo at no cost and the granting of purchase options to Corfo for production facilities and water rights in the Salar de Atacama upon termination of Corfo agreements; and (v) prohibitions on the sale of lithium brine extracted from leased mining concessions. The fee structure is as follows: Price US$/MT Li2CO3 Lease payment rate $0 - $4,000 6.8 % Over $4,000 - $5,000 8.0 % Over $5,000 - $6,000 10.0 % Over $6,000 - $7,000 17.0 % Over $7,000 - $10,000 25.0 % Over $10,000 40.0 % Price US$/MT LiOH Lease payment rate $0 - $5,000 6.8 % Over $5,000 - $6,000 8.0 % Over $6,000 - $7,000 10.0 % Over $7,000- $10,000 17.0 % Over $10,000 - $12,000 25.0 % Over $12,000 40.0 % Price US$/MT KCl Lease payment rate $0 - $300 3.0 % Over $300 - $400 7.0 % Over $400 - $500 10.0 % Over $500 - $600 15.0 % Over $600 20.0 % The Lease Agreement and the Project Agreement are subject to early termination in the case of certain default events. Under these, Corfo is obliged to use its best efforts to initiate a public bidding process or the corresponding contracting procedure for the execution of an act or contract for the exploitation of the OMA mining properties currently leased by SQM no later than June 30, 2027, and to resolve it no later than July 30, 2029. 18.3 Changes in provisions Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 53,709 53,995 1,253,495 1,361,199 Changes Additional provisions 266 12,127 1,922,666 1,935,059 Provision used (52,707) — (2,771,422) (2,824,129) Increase (decrease) in foreign currency exchange 33 — (871) (838) Others — (7,663) (10,856) (18,519) Total Increase (decreases) (52,408) 4,464 (860,483) (908,427) Total 1,301 58,459 393,012 452,772 Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 49,741 58,592 270,371 378,704 Changes Additional provisions 3,981 7,085 3,045,758 3,056,824 Provision used — — (2,060,321) (2,060,321) Increase (decrease) in foreign currency exchange (1) (35) 4 (32) Others (12) (11,647) (2,317) (13,976) Total Increase (decreases) 3,968 (4,597) 983,124 982,495 Total 53,709 53,995 1,253,495 1,361,199 Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 10,165 61,265 95,353 166,783 Changes Additional provisions 48,012 7,302 232,254 287,568 Provision used (8,399) — (56,959) (65,358) Increase (decrease) in foreign currency exchange (37) — (35) (72) Others — (9,975) (242) (10,217) Total Increase (decreases) 39,576 (2,673) 175,018 211,921 Total 49,741 58,592 270,371 378,704 18.4 Other non-financial liabilities, Current Description of other liabilities As of As of ThUS$ ThUS$ Tax withholdings 8,750 46,518 VAT payable 33,782 43,439 Guarantees received 1,021 743 Accrual for dividend 67,219 7,370 Monthly tax provisional payments 26,160 289,326 Deferred income 4,144 19,341 Withholdings from employees and salaries payable 9,333 7,242 Accrued vacations 35,902 29,642 Other current liabilities 994 2,856 Total 187,305 446,477

Disclosures on equity

Disclosures on equity	12 Months Ended
	Dec. 31, 2023
Miscellaneous equity [abstract]
Disclosures on equity	Disclosures on equity The detail and movements in the funds of equity accounts are shown in the consolidated statement of changes in equity. 19.1 Capital management The main object of capital management relative to the administration of the Company’s financial debt and equity is to ensure the regular conduct of operations and business continuity in the long term, with the constant intention of maintaining an adequate level of liquidity and in compliance with the financial safeguards established in the debt contracts in force. Within this framework, decisions are made in order to maximize the value of the company. Capital management must comply with, among others, the limits contemplated in the Financing Policy approved by the Shareholders’ Meeting, which establish a maximum consolidated indebtedness level of 1 times the debt to equity ratio. This limit can be exceeded only if the Company’s management has first obtained express approval at an Extraordinary Shareholders’ Meeting. The Company’s management controls capital management based on the following ratios: Capital Management As of December 31, As of December 31, Description (1) Calculation (1) Net Financial Debt/cash (ThUS$) 2,086,717 (721,980) Financial Debt – Financial Resources Other current Financial Liabilities + Other Non-Current Financial Liabilities– Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current Liquidity 2.33 2.29 Current Assets divided by Current Liabilities Total Current Assets / Total Current Liabilities ROE 20.78 % 79.37 % Net income the year divided by Total Equity Net income the year / Equity Adjusted EBITDA (ThUS$) 3,180,071 5,838,439 Adjusted EBITDA EBITDA – Other income – Other gains (losses) - Share of Profit of associates and joint ventures accounted for using the equity method + Other expenses by function + Net impairment gains on reversal (losses) of financial assets – Finance income – Currency differences. EBITDA (ThUS$) 3,226,202 5,817,605 EBITDA Net income + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax ROA 35.90 % 78.61 % Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments (Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) Indebtedness 0.47 (0.15) Net Financial Debt on Equity Net Financial Debt / Total Equity The Company’s capital requirements change according to variables such as: working capital needs, new investment financing and dividends, among others. The SQM Group manages its capital structure and makes adjustments bases on the predominant economic conditions so as to mitigate the risks associated with adverse market conditions and take advantage of the opportunities there may be to improve the liquidity position of the SQM Group. There have been no changes in the capital management objectives or policy within the years reported in this document, no breaches of external requirements of capital imposed have been recorded. There are no contractual capital investment commitments. 19.2 Operational restrictions and financial limits Bond issuance contracts in the local market require the Company to maintain a Total Borrowing Ratio no higher than 1 for Series H, Series O and Series Q bonds, calculated over the last consecutive 12 months. Capital management must ensure that the Borrowing Ratio remains below 1.0, with respect to the Series H, Series O and Series Q bonds. As of December 31, 2023 this ratio was 0.47. The financial restrictions with respect to the bonds issued by the Company for the periods ended December 31, 2023 and 2022 are as follows. Financial restrictions As of December 31, 2023 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 19.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than Must be less than Must be less than Must be less than 1.00 1.00 1.00 1.00 Indicator or ratio determined by the company 0.47 0.47 0.47 0.47 Fulfilled YES/NO yes yes yes yes Financial restrictions As of December 31, 2022 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 19.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than Must be less than Must be less than Must be less than 1.00 1.00 1.00 1.00 Indicator or ratio determined by the company (0.15) (0.15) (0.15) (0.15) Fulfilled YES/NO yes yes yes yes Bond issuance contracts in foreign markets require that the Company does not merge, or dispose of, or encumber all or a significant portion of its assets, unless all of the following conditions are met: (i) the legal successor is an entity constituted under the laws of Chile or the United States, which assumes all the obligations of the Company in a supplemental indenture, (ii) immediately after the merger or disposal or encumbrance there is no default by the issuer, and (iii) the issuer has provided a legal opinion indicating that the merger or disposal or encumbrance and the supplemental indenture comply with the requirements of the original indenture.The Company is also committed to provide quarterly financial information. The Company and its subsidiaries are complying with all the aforementioned limitations, restrictions and obligations. 19.3 Disclosures on share capital Issued share capital is divided into Series A shares and Series B shares. All such shares are nominative, have no par value and are fully issued, subscribed and paid. Series B shares may not exceed 50% of the total issued, subscribed and paid-in shares of the Company and have a limited voting right, in that all of them can only elect one director of the Company, regardless of their equity interest and preferences: (a) require the calling of an Ordinary or Extraordinary Shareholders’ Meeting when so requested by Series B shareholders representing at least 5% of the issued shares thereof; and (b) require the calling of an extraordinary meeting of the board of directors, without the president being able to qualify the need for such a request, when so requested by the director who has been elected by the shareholders of said Series B. The limitation and preferences of Series B shares have a duration of 50 consecutive and continuous years as of June 3, 1993. The Series A shares have the preference of being able to exclude the director elected by the Series B shareholders in the voting process in which the president of the board of directors and of the Company must be elected and which follows the one in which the tie that allows such exclusion resulted. The preference of the Series A shares will have a term of 50 consecutive and continuous years as of June 3, 1993. The form of the titles of the shares, their issuance, exchange, disablement, loss, replacement, assignment and other circumstances thereof shall be governed by the provisions of Law No, 18,046 and its regulations. At December 31, 2023, the Group hold 648 Series A shares. Detail of capital classes in shares: As of December 31, 2023 As of December 31, 2022 As of December 31, 2021 Type of capital in preferred shares Series A Series B Series A Series B Series A Series B Description of type of capital in shares Number of authorized shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 Number of fully subscribed and paid shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 Number of subscribed, partially paid shares — — — — — — Increase (decrease) in the number of current shares — — — — — — Number of outstanding shares 142,818,904 142,818,904 142,818,904 142,818,904 142,818,904 142,818,904 Number of shares owned by the Company or its subsidiaries or associates 648 — 648 — 648 — Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares — — — — — — Capital amount in shares ThUS$ 134,750 1,442,893 134,750 1,442,893 134,750 1,442,893 Total number of subscribed shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 19.4 Disclosures on reserves in Equity and non-controlling interests As of December 31, 2023, 2022 and 2021, this caption comprises the following: Disclosure of reserves within shareholders' equity As of As of As of ThUS$ ThUS$ ThUS$ Reserve for currency exchange conversion (1) (4,921) (8,042) (7,913) Reserve for cash flow hedges (2) (930) (14,575) (34,025) Reserve for gains and losses from financial assets measured at fair value through other comprehensive income (3) 122,294 (10,973) (11,146) Reserve for actuarial gains or losses in defined benefit plans (4) (13,454) (9,198) (4,174) Other reserves 11,881 11,663 13,103 Total 114,870 (31,125) (44,155) ________________________________________________ (1) This balance reflects retained earnings for changes in the exchange rate when converting the financial statements of subsidiaries whose functional currency is different from the US dollar. (2) The Company maintains, as hedge instruments, financial derivatives related to obligations with the public issued in UF and Chilean pesos, Changes from the fair value of derivatives designated and classified as hedges are recognized under this classification. (3) This caption includes the fair value of equity investments that are not held for trading and that the group has irrevocably opted to recognize in this category upon initial recognition. In the event that such equity instruments are fully or partially disposed of, the proportional accumulated effect of accumulated fair value will be transferred to retained earnings. (4) This caption reflects the effects of changes in actuarial assumptions, mainly changes in the discount rate. Movements in other reserves and changes in interest were as follows: Foreign Reserve for cash flow Reserve for actuarial gains Reserve for gains (losses) Other Total reserves Movements Before Before Deferred Before Deferred Before Deferred Before Reserves Deferred Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance as of January 1, 2021 (11,569) 6,173 (1,682) (10,527) 1,847 10,176 (3,304) 16,318 10,571 (3,139) 7,432 Movement of reserves 4,046 (66,051) — 4,648 — (12,072) — 134 (69,295) — (69,295) Reclassification adjustments (390) 13,289 — — — — — (3,349) 9,550 — 9,550 Related taxes — — 14,246 — (142) — 3,818 — — 17,922 17,922 Reclassification to retained earnings — — — — — (13,375) 3,611 — (13,375) 3,611 (9,764) Closing balance as of December 31, 2021 (7,913) (46,589) 12,564 (5,879) 1,705 (15,271) 4,125 13,103 (62,549) 18,394 (44,155) Movement of reserves (129) 36,079 — (6,276) — 190 — (985) 28,879 — 28,879 Reclassification adjustments — (9,457) — — — — — (455) (9,912) — (9,912) Related taxes — — (7,172) — 1,252 — (17) — — (5,937) (5,937) Closing balance as of December 31, 2022 (8,042) (19,967) 5,392 (12,155) 2,957 (15,081) 4,108 11,663 (43,582) 12,457 (31,125) Movement of reserves 3,121 126 — (5,836) — 190,509 — 218 188,138 — 188,138 Reclassification adjustments — 18,566 — — — — — — 18,566 — 18,566 Related taxes — — (5,047) — 1,580 — (57,242) — — (60,709) (60,709) Closing balance as of December 31, 2023 (4,921) (1,275) 345 (17,991) 4,537 175,428 (53,134) 11,881 163,122 (48,252) 114,870 ________________________________________________ (1) See details on reserves for foreign currency translation differences on conversion in Note 23, letter b). Other reserves This caption corresponds to the legal reserves reported in the stand-alone financial statements of the subsidiaries and associates that are mentioned below and that have been recognized in SQM’s equity through the application of the equity method. Subsidiary – Associate As of As of As of ThUS$ ThUS$ ThUS$ SQM Iberian S.A. 9,464 9,464 9,464 SQM Europe NV 1,957 1,957 1,957 Soquimich European holding B.V. 828 828 828 Abu Dhabi Fertilizer Industries WWL — — 455 Soquimich Comercial S.A. (393) (401) — SQM Vitas Fzco. 85 85 (38) Pavoni & C. Spa 7 7 7 SAS Adionics 116 — — SQM Australia Pty Ltd 94 — — SQM Iberian S.A. (1,677) (1,677) (1,677) Orcoma Estudios SPA 2,121 2,121 2,121 SQM Industrial S.A. — — 707 Others (721) (721) (721) Total Other reserves 11,881 11,663 13,103 Non-controlling interests % of interests in the Net income attributable to non-controlling interests for the year ended Equity, non-controlling interests for the year ended Dividends paid to non-controlling interests for the year ended Subsidiary As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Potasio S.A. 0.0000001% — — — — — — Ajay SQM Chile S.A. 49.00000% 3,238 2,415 9,795 8,986 2,428 1,811 Soquimich Comercial S.A. 39.36168% 3,838 5,558 26,435 26,383 3,837 5,558 Comercial Agrorama Ltda. (1) 30.00000% — — — — — — SQM Indonesia S.A. 20.00000% — — — — — — SQM Thailand Limited 0.00200% — — — — — — Total 7,076 7,973 36,230 35,369 6,265 7,369 (1) As of December 31, 2022, a 30% non-controlling interest was acquired by Comercial Hydro S.A., a Company subsidiary. 19.5 Dividend policies As required by Article 79 of the Chilean Companies Act, unless otherwise decided by unanimous vote of the holders of issued and subscribed shares, a publicly traded corporation must annually distribute a cash dividend to its shareholders, prorated based on their shares or the proportion established in the company’s bylaws if there are preferred shares, with at least 30% of our consolidated net income for each year. Dividend policy for commercial year 2023 Company’s dividend policy for the 2023 business year was agreed upon by the Board of Directors on April 26, 2023. On that occasion, the following was decided: (a) Distribute and pay to the corresponding shareholders, a percentage of the net income that shall be determined per the following financial parameters as a final dividend: (i) 100% of the net income for 2023 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 2.5 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 0.8 times. (ii) 80% of the net income for 2023 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 2.0 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 0.9 times. (iii) 60% of the net income for 2023 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 1.5 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 1.0 times. If none of the foregoing financial parameters are met, the Company shall distribute and pay, as a final dividend, and in favor of the respective shareholders, 50% of the 2023 net income. (b) Distribute and pay in 2023 interim dividends, which will be charged to the aforementioned final dividend. (c) The amount of the provisional dividends may be higher or lower, provided that, based on the information available to the Board of Directors on the date when their distribution is agreed to, this will not have a negative or material effect on the Company's ability to carry out its investments, meet its obligations, and in general to comply with the investment and financing policy approved by the Ordinary Shareholders’ Meeting. (d) At the ordinary meeting to be held in 2024, the Company's Board of Directors will propose a final dividend in line with the percentage corresponding to the financial parameters outlined in (a) above, discounting the provisional dividends previously distributed in 2023. (e) Any remaining amount from the net income from 2023 can be retained and used to finance the Company’s own operations or one or more of its investment projects, notwithstanding a possible distribution of dividends charged to accumulated earnings that might be approved by the shareholders’ meeting or the possible future capitalization of all or part of it. (f) The payment of additional dividends is not being considered. It must be expressly stated that this dividends policy details the intention of the Company’s Board of Directors and its fulfillment depends on the actual net income obtained, as well as on the results indicated by the projections the Company makes from time to time or on the existence of particular conditions, as appropriate. In any case, if the dividend policy set forth by the Board of Directors should undergo any substantial change, the Company must communicate it as a material event. 19.6 Interim and provisional dividends On April 26, 2023, the Board of Directors agreed to pay a final dividend equivalent to US$ 3.22373 per share which the Company must pay to reach the amount of US$10.94060 for the final dividend as per the Policy. This final dividend already considers the first interim dividend of US$ 2.78716 per share, the second interim dividend of US$ 1.84914 per share, and the eventual dividend of US$ 3.08056 per share that were paid in 2022. On May 17, 2023, the Board of Directors agreed to pay an interim dividend equivalent to US$ 0.78760 per share against the company’s 2023 net income. This amount will be paid in its Chilean peso equivalent at the Observed US Dollar value that appears in the Official Gazette on July 17, 2023. On August 16, 2023, the Board agreed to pay an interim divided equal to US$0.60940 per share from the Company’s net income from 2023. That amount will be paid in its Chilean peso equivalent at the Observed US Dollar exchange rate published in the Official Gazette on November 6, 2023. On November 15, 2023, the Board approved an interim dividend of US$ 0.50347 per share, to be paid from the Company's 2023 fiscal year net income. This dividend will be paid in Chilean pesos at the official US dollar exchange rate published in the Official Gazette on December 11, 2023. 19.7 Potential and provisional dividends Dividends discounted from equity from January to December 2023 and 2022 were the following: Dividends As of As of As of ThUS$ ThUS$ ThUS$ Interim dividend 542,847 2,204,229 157,774 Final dividend 920,819 — 399,998 Dividend according to policy 60,953 — 27,681 Owners of the Parent 1,524,619 2,204,229 585,453 Dividend eventual — — 5,904 Dividends according to policy 6,266 7,369 6,504 Non-controlling interests 6,266 7,369 12,408 Dividends discounted from equity for the period 1,530,885 2,211,598 597,861

Contingencies and restrictions

Contingencies and restrictions	12 Months Ended
	Dec. 31, 2023
Contingencies And Restrictions
Contingencies and restrictions	Contingencies and restrictions In accordance with note 18.1, the Company recognizes a provision for those lawsuits in which there is a probability that the judgments will be unfavorable to the Company. The Company is party to the following lawsuits and other relevant legal actions: 20.1 Lawsuits and other relevant events (a) In 1995, Nitratos Naturais do Chile Ltda. was sanctioned by the Fazenda do Estado de Sao Paulo for shipping goods to a different branch without proper authorization. The Sao Paulo State Treasury initiated legal proceedings to collect almost ThUS$ 352. There has been no movement with respect to this case since May 2017. (b) In August 1996, Nitratos Naturais do Chile Ltda. was fined by Fazenda do Estado de Sao Paulo for concluding activities without attaching the necessary documentation for submission to the competent authorities. The treasury of the State of Sao Paulo initiated legal actions to collect close to ThUS$ 492. Nitratos Naturais do Chile has presented a case to the federal court of Brazil to request a reduction in the fine, which is currently pending. (c) In August 2004, Nitratos Naturais do Chile Ltda. was fined by Fazenda do Estado de Sao Paulo for failing to report trade activities. The treasury of the State of Sao Paulo initiated legal actions to collect close to ThUS$ 265. In 2018, the Court of Appeals agreed to a reduction in the fine and the Fazenda do Estado de Sao Paulo appealed to the Court of Brazil, and this appeal is still pending. (d) In October 2010, the City of Pomona, California, named SQM North America Corporation (“SQMNA”) and SQM as defendants in an action filed in the California Superior Court for Los Angeles County (the “Pomona Case”). In this matter, the plaintiff seeks damages for alleged groundwater contamination from the use of defendants’ fertilizer products. The plaintiff subsequently withdrew its lawsuit against SQM. The case was removed to the U.S. District Court for the Central District of California and on June 10, 2015, the jury rejected the lawsuit against SQMNA, and the plaintiff filed an appeal which was granted by the Ninth Circuit Court of Appeals. The matter was then remanded to the District Court for a complete retrial. On May 17, 2018, after a new trial in the District Court, a jury ruled in favor of SQMNA. On September 8, 2021, a jury found in favor of Pomona and against SQMNA on a single cause of action for strict products liability under California law. The jury found that Pomona’s damages were US$48,128,378. On January 27, 2022, the District Court entered judgment for Pomona in the amount of US$48,128,378. On August 1, 2023, the District Court granted a remittitur order reducing the award to the amount of US$30,280,802. SQMNA paid the reduced amount and the case is terminated. (e) In December 2010, the city of Lindsay in California, United States, filed a claim against SQM NA, which was heard before the US District Court for the Central District of California. The plaintiff requested the payment of expenses and other values related to treatment of groundwater to make it apt for consumption, which involved the extraction of perchlorate in this water, which allegedly came from Chilean fertilizers. On February 5, 2024 , the Court ordered the resumption of proceedings, as they had been suspended. (f) In May 2014, a claim of compensation for damages was filed against SQM Nitratos for its alleged extracontractual liability derived from an explosion occurring in 2010 in the vicinity of the town of Baquedano, which caused the death of six workers. The portion of the claim that has not been settled in court is approximately US$ 1.2 million. On May 7, 2019, the 18th Civil Court of Santiago dismissed the claim. On February 1, 2024, the Court of Appeals of Santiago, pending the ruling, revoked the first instance ruling and issued another in its replacement by virtue of which it partially accepted the claim, ordering the Company to pay the total sum of ThUS$52. SQM has filed an appeal, which resolution is pending. (g) In January 2018, the company Transportes Buen Destino S.A. filed an arbitration claim under CAM rules against SQM Salar for controversies resulting from the execution of transport contracts for lithium brine and transport of salts. The amount of the claim is close to US$ 3 million. The arbitration is currently awaiting a ruling. (h) The Company and FPC Ingeniería y Construcción SpA were sued in May 2019 for compensation for damages resulting from alleged extracontractual liability derived from the traffic accident occurring on March 5, 2018, involving the overturn of a truck owned by FPC and the subsequent death of its two occupants, both employees of FPC. The four children of one of the deceased workers are the plaintiffs in this case and are seeking compensation for moral damages. The case is in the 19th Civil Court of Santiago and is in the evidence stage. The amount of the claim is close to US$ 1.2 million. (i) Through resolution dated April 14, 2020, the General Water Bureau (DGA) fined SQM Salar S.A. an amount of 4,180 UTM for the alleged violation of article 294 of the Water Code. This resolution was appealed for reconsideration, and its resolution is currently pending. (j) On April 6, 2021, Empresa Eléctrica Cochrane SpA requested the constitution of arbitration to resolve a dispute in relation to electricity supply contracts signed on March 30, 2012, and February 1, 2013. The trial is currently in the discussion stage. On January 17, 2022, the Company filed a claim for early termination of the electricity supply contracts against Empresa Eléctrica Cochrane SpA. Both proceedings are awaiting a ruling. (k) In October 2021, the Company requested the constitution of an arbitration against Chilena Consolidada Seguros Generales S.A. to resolve differences in relation to the interpretation and execution of the directors’ and officers’ liability insurance policy.On December 14, 2023, the arbitrator accepted the Company's claim in its entirety and ordered the defendant to pay US$32.2 million. The case is currently before the Court of Appeals to hear the appeals and then to hear the cassation and appeal appeals filed by the defendant. (l) In February 2022, the company Montajes Eléctricos y Construcciones RER Limitada filed a claim for damages before the 21st Civil Court of Santiago against SQM Industrial S.A. for its alleged liability derived from the breach of an electrical installation contract. The case has reached the evidence stage and amounts to approximately ThUS$ 542. (m) In March 2023, Mr. Josué Merari Trujillo Montejano filed a lawsuit against SQM Comercial de México, S.A. de C.V. for damages for third-party civil liability for the death of his brother Mr. Manuel Agustín Trujillo Montejano, before the First Instance Judge of the Civil Branch of the city of Zapopan, Mexico. The lawsuit is currently under discussion. The amount of the lawsuit is approximately ThUS$ 330. (n) In May 2023, the heirs of Sami Al Taweel, a shareholder of Abu Dhabi Fertilizer Industries Company LLC (" Adfert "), filed a claim against SQM Corporation NV, other shareholders and former officers and directors of Adfert appointed by SQM Corporation NV, with the Settlement Center of the Abu Dhabi Commercial Court of First Instance, which alleges a debt of AED 73.5 million. The lawsuit is being heard by the Abu Dhabi Commercial Court of First Instance and is awaiting the report of the expert appointed by the court. (o) In May 2023, Mr. Luis Guillermo Benítez Peña and 17 other employees filed a lawsuit against a contractor, the Company and six other companies with the Labor Court of San Miguel for indirect dismissal, annulment of dismissal and payment of employment benefits. The case has reached the evidence stage. The lawsuit totals approximately ThUS$ 358. (p) In January 2024, Mr. José Luis Carreño Soto filed a lawsuit for protection of fundamental rights against a contractor company and the Company before the Labor Court of Antofagasta. The case is currently under discussion. The lawsuit totals approximately ThUS$ 227. (q) In February 2024, Messrs. Emiliano Malebrán Pallauta, Rubén Valenzuela González and José Aguilera Flores, filed before the Labor Court of Iquique a lawsuit against the Company, for protection of fundamental rights and, in subsidy, for undue dismissal and collection of benefits and compensation. The case is in the discussion stage. The amount of the lawsuit is approximately ThUS$369. (r) In February 2024, Mr. Manuel Jesús Lobos Cortés filed before the Labor Court of Iquique a claim against the Company for compensation for damages due to an occupational disease. The case is in the discussion stage. The amount of the claim is approximately ThUS$279. The Company and its subsidiaries have been involved and will probably continue to be involved either as plaintiffs or defendants in certain judicial proceedings that have been and will be heard by the arbitration or ordinary courts of justice that will make the final decision. Those proceedings that are regulated by the appropriate legal regulations are intended to exercise or oppose certain actions or exceptions related to certain mining claims either granted or to be granted and that do not or will not affect in an essential manner the development of the Company and its subsidiaries. Soquimich Comercial S.A., a subsidiary, has been involved and will probably continue being involved either as plaintiff or defendant in certain judicial proceedings through which it intends to collect and receive the amounts owed, the total nominal value of which is approximately US$1.05 million. The Company and its subsidiaries have made efforts and continues making efforts to obtain payment of certain amounts that are still owed to the Company due to its activities. Such amounts will continue to be required using judicial or non-judicial means by the plaintiffs, and the actions and exercise related to these are currently in full force and effect. 20.2 Environmental contingencies Through a ruling dated November 28, 2016, which was amended by a ruling dated December 23, 2016, the SMA filed charges against SQM Salar for extracting brine in excess of authorized amounts, progressively impacting the vitality of algarrobo trees, delivering incomplete information, modifying variables in the follow-up plan, and other matters. SQM Salar submitted a compliance program that was accepted by the SMA, although rendered null and void by the Environmental Court of Antofagasta in December 2019. In October 2020, the SMA made further observations to the compliance program, which were addressed through the submission of a reformulated compliance program, incorporating improvements in line with the Antofagasta Environmental Court ruling. On August 29, 2022, the SMA approved the compliance program submitted by SQM Salar, which was subjected to a claim filed by the Council of Atacameño Peoples with the Antofagasta Environmental Court. If the Council of Atacameño Peoples’ claim against SMA’s resolution that approved the compliance program is accepted and the program is annulled, the sanction process against SQM Salar could be resumed. This process may conclude with the application of fines up to US$ 9 million, temporary or permanent closure of facilities and in extreme circumstances, revocation of the respective environmental permit. 20.3 Tax Contingencies The Chilean IRS has sought to extend the specific mining tax to lithium mining, which cannot be concessioned under the legal system. As of December 31, 2023, the Chilean IRS has charged SQM a total of US$ 986.3 million, which SQM has paid, for the specific mining tax applied to lithium, corresponding to tax years 2012 to 2023 (business years 2011 to 2022). SQM Salar has filed seven tax claims against the Chilean IRS. The total amount associated with the tax claims is US$ 201.3 million, and it has a pending claim for US$ 785.0 million. Both amounts, already paid by SQM Salar, totaled US$986.3 million as of December 31, 2023, including an overcharge amount of US$59.5 million, a tax amount of US$818.0 million and an interest and fees amount of US$108.7 million. On April 5, 2024, the Santiago Court of Appeal issued a ruling in one of the Claims, the tax role case No. 312-2022, and revoked the ruling that had previously been handed down by the Tax and Customs Court of the Metropolitan Region, which upheld the public law annulment action filed by SQM Salar, corresponding to settlements for the 2017 and 2018 tax years. Although the ruling of the Santiago Court of Appeal does not affect all other Claims, filed by the SQM Salar against the Chilean IRS, and is still subject to appeal by SQM Salar, it prompted the review of the accounting treatment for the tax claims by the Company's Board of Directors. Consequently, the Company recognized a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023 (US$926.7 million relating to tax years 2011 to 2022 and US$162.7 million associated to tax year 2023), which corresponds to the impact that the interpretation of the Santiago Court of Appeal ruling could have on the Claims. As of December 31, 2023 and 2022, the Company presents non current tax receivables amounting US$ 59.5 million and US$ 127.1 million, respectively. The claims are as follows. (a) On August 26, 2016, a tax claim was filed before the Third Tax and Customs Court of the Metropolitan Region against assessments 169, 170, 171 and 172, issued by the Chilean IRS for the tax years 2012 to 2014. The amount in dispute is US$ 17.8 million, where (i) US$ 11.5 million is the tax claim, net of corporate income taxes and (ii) US$ 6.3 million is associated interest and penalties. The case is currently in the evidentiary stage. (b) On March 24, 2017, a tax claim was filed before the Third Tax and Customs Court of the Metropolitan Region against assessment 156 issued by the Chilean IRS for the tax year 2015. The amount in dispute is US$ 3.2 million is the tax claim, net of corporate income taxes. The case is currently in the evidentiary stage. (c) On March 24, 2017, a tax claim was filed before the Third Tax and Customs Court of the Metropolitan Region against assessment 207 issued by the Chilean IRS for the tax year 2016. The amount in dispute is US$ 5.5 million, where (i) US$ 1.2 million is overpaid taxes, (ii) US$ 3.8 million is the tax claim, net of corporate income taxes and (iii) US$0.5 million is associated interest and penalties. The case is currently in the evidentiary stage. (d) On July 15, 2021, SQM Salar filed before the First Tax and Customs Court of the Metropolitan Region a tax annulment and claim against assessments 65 and 66, issued by the Chilean IRS, for the tax years 2017 and 2018. The amount in dispute is US$ 63.9 million, where (i) US$ 17.6 million is overpaid taxes, (ii) US$ 30.2 million is the tax claim, net of corporate income tax, and (iii) US$ 16.1 million is associated interest and penalties. On November 7, 2022, the First Tax and Customs Court upheld SQM Salar's claim and ordered the annulment of these tax assessments. This judgment was appealed by the Chilean IRS and on April 5, 2024, the Court of Appeals of Santiago revoked the first instance ruling in that it accepted the public law annulment action aimed at challenging the charges, accepting the claim only with respect to those miscalculated items recognized by the Chilean IRS. (e) On June 30, 2023, SQM Salar filed before the First Tax and Customs Court of the Metropolitan Region a tax annulment and claim against assessment 23, issued by the Chilean IRS, for the tax year 2019. The amount in dispute is US$ 36.7 million, where (i) US$ 9.7 million is overpaid taxes, and (ii) US$ 27.0 million is the tax claim, net of corporate income taxes. The trial is currently at the discussion stage. (f) On January 19, 2024, SQM Salar filed before the Third Tax and Customs Court of the Metropolitan Region, a tax annulment and claim against assessment 56 issued by the Chilean IRS for the tax years 2020 and 2021. The amount in dispute is US$ 20.7 million, where US$ 5.6 million is overpaid taxes and US$ 15.1 million is the tax claim, net of corporate income taxes. The case is currently at the discussion stage. (g) On January 19, 2024, SQM Salar filed before the Third Tax and Customs Court of the Metropolitan Region a tax annulment and claim against assessment 1, issued by the Chilean IRS, for the tax year 2022. The amount in dispute is US$ 53.5 million, where (i) US$ 14.4 million is overpaid taxes, (ii) US$ 36.1 million is the tax claim, net of corporate income taxes and (iii) US$ 3 million is associated interest and penalties. The case is currently at the discussion stage. The assessments and pending claims are as follows: On December 19, 2023, the Chilean IRS invoiced the Company for a sum of US$785 million for the tax year 2023 (covering the 2022 business year), pertaining to the specific tax on mining activities. Within this total, US$691.2 million represents the tax claimed, net of corporate income tax, and US$10.9 million is the excess tax payments. The Chilean IRS has not invoiced the Company for specific mining tax with respect to the 2024 tax year (2023 business year). If the Chilean IRS uses criteria similar to that used in previous years, then it may invoice the Company in the future for the 2023 business year, which the Company estimates could be an amount of approximately US$ 162.7 million, net of corporate income taxes, but excluding interest and penalties. See Note 26.2 “Disclosures on events occurring after the reporting date” for a description of subsequent events. 20.4 Indirect guarantees As of December 31, 2023 and 2022, there are no indirect guarantees. 20.5 Other matters The Company is required to be in compliance with all applicable laws and regulations in Chile and internationally with respect to anti-corruption, anti-money laundering and other regulatory matters, including the Foreign Corrupt Practices Act (FCPA). The Company has received a request for information and subpoena from the SEC requesting information related to our business operations, compliance program, and allegations of potential violations of the FCPA and other anti-corruption laws. The SEC has said that the investigation is a non-public, fact-finding inquiry and we are not aware that any conclusion has been reached by the SEC. Management has initiated an internal review to identify materials that are responsive to the SEC’s inquiry and are actively cooperating in the SEC’s review by providing the information requested .

Gains (losses) from operating a

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature	12 Months Ended
	Dec. 31, 2023
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Gains (losses) from operating activities in the statement of income of expenses, included according to their nature	Gains (losses) from operating activities in the statement of income of expenses, included according to their nature. 21.1 Revenue from operating activities customer activities The Group derives revenues from the sale of goods (which are recognized at one point in time) and from the provision of services (which are recognized over time) and are distributed among the following geographical areas and main product and service lines: (a) Geographic areas: For the year ended December 31, 2023 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 109,669 1,603 2,327 31,356 1,136 23,590 169,681 Latin America and the Caribbean 76,157 21,523 7,289 93,868 10,489 973 210,299 Europe 128,370 368,696 278,360 30,357 21,054 1,275 828,112 North America 411,586 122,025 134,768 67,232 47,074 926 783,611 Asia and Others 188,130 378,304 4,757,370 56,237 95,470 276 5,475,787 Total 913,912 892,151 5,180,114 279,050 175,223 27,040 7,467,490 For the year ended December 31, 2022 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 128,829 1,523 1,854 64,409 1,199 25,334 223,148 Latin America and the Caribbean 125,712 16,328 5,275 179,621 11,820 1,185 339,941 Europa 196,930 288,854 390,832 27,275 27,725 942 932,558 North America 489,327 141,683 151,152 71,711 59,402 912 914,187 Asia and Others 231,536 305,951 7,603,826 94,164 65,054 213 8,300,744 Total 1,172,334 754,339 8,152,939 437,180 165,200 28,586 10,710,578 For the year ended December 31, 2021 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 136,523 1,538 901 50,573 4,125 25,988 219,648 Latin America and the Caribbean 88,990 10,198 4,905 214,304 7,367 523 326,287 Europa 179,744 173,329 75,674 33,948 18,662 1,408 482,765 North America 314,895 102,746 50,349 57,682 29,860 2,470 558,002 Asia and Others 188,663 150,120 804,292 60,085 71,997 456 1,275,613 Total 908,815 437,931 936,121 416,592 132,011 30,845 2,862,315 (b) Main product and service lines: For the period from January to December of the year Products and Services 2023 2022 2021 ThUS$ ThUS$ ThUS$ Specialty plant nutrition 913,912 1,172,334 908,815 - Sodium Nitrates 25,056 21,294 24,829 - Potassium nitrate and sodium potassium nitrate 502,349 700,081 539,336 - Specialty Blends 235,290 285,027 234,369 - Other specialty fertilizers 151,217 165,932 110,281 Iodine and derivatives 892,151 754,339 437,931 Lithium and derivatives 5,180,114 8,152,939 936,121 Potassium 279,050 437,180 416,592 Industrial chemicals 175,223 165,200 132,011 Other 27,040 28,586 30,845 Total 7,467,490 10,710,578 2,862,315 21.2 Cost of sales Cost of sales broken down by nature of expense: For the period from January Nature of expense 2023 2022 2021 ThUS$ ThUS$ ThUS$ Raw materials and consumables used (687,116) (561,709) (345,356) Classes of employee benefit expenses (308,972) (308,744) (211,771) Depreciation expense (252,746) (218,714) (195,678) Depreciation of Right-of-use Assets (contracts under IFRS 16) (11,719) (6,549) (5,963) Amortization expense (12,415) (16,413) (9,737) Investment plan expenses (25,638) (18,293) (15,059) Provision for materials, spare parts and supplies (10,065) (7,099) (505) Contractors (226,180) (194,295) (157,571) Operating leases (84,423) (71,420) (67,106) Mining patents (7,560) (14,585) (7,325) Operational transportation (107,074) (91,130) (76,004) Freight / product transportation costs (104,664) (94,727) (77,353) Purchase of products from third parties (422,023) (473,742) (329,464) Insurance (55,204) (43,323) (21,869) Corfo rights and other agreements (1,868,850) (3,272,897) (247,604) Export costs (158,621) (153,162) (99,212) Expenses related to variable lease payments (contracts under IFRS 16) (4,700) (3,631) (1,313) Variation in gross inventory 20,024 628,671 85,709 Variation in inventory provision (29,711) (27,324) 5,038 Other (34,779) (24,867) 5,935 Total (4,392,436) (4,973,953) (1,772,208) 21.3 Other income For the period from January Other income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Discounts obtained from suppliers 2,002 1,404 896 Fines charged to suppliers 4,118 593 83 Amounts recovered from insurance 1,242 1,646 1,811 Overestimate of provisions for third-party obligations 1,272 86 293 Sale of assets classified as properties, plant and equipment 11 365 287 Sales of materials, spare parts and supplies 147 246 2,121 Options on mining properties 376 1,126 8,796 Easements, pipelines and roads 5,205 2,106 4,949 Government Grants (1) 24,387 — — Others 1,797 2,282 316 Total 40,557 9,854 19,552 ( 1) The Company received an unconditional government grant for US$24,387 in September 2023, related to the permanence of its commercial office of SQM Shanghai Chemicals Co. Ltd. in the current district, which was recognized as part of this category 21.4 Administrative expenses For the period from January Administrative expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Employee benefit expenses (75,450) (63,713) (60,552) Marketing costs (6,611) (5,661) (2,415) Amortization expenses (444) (126) (118) Entertainment expenses (6,067) (5,576) (4,906) Advisory services (32,562) (27,235) (17,332) Lease of buildings and facilities (4,331) (3,829) (3,478) Insurance (3,778) (3,011) (3,901) Office expenses (9,230) (8,596) (6,363) Contractors (11,067) (7,283) (5,106) Depreciation of Right-of-use Assets (contracts under IFRS 16) (3,463) (2,656) (2,743) Other expenses (22,762) (14,958) (11,979) Total (175,765) (142,644) (118,893) 21.5 Other expenses For the period from January Other expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Impairment (losses) /reversals of impairment losses recognized in income for the year Properties, plant and equipment (47,059) (8,084) (5,582) Intangible assets other than goodwill — (520) (478) Goodwill (9) (33,629) — Subtotal (47,068) (42,233) (6,060) Other expenses, by nature Legal expenses 17,127 (6,841) (42,254) VAT and other unrecoverable taxes (2,683) (5,694) (1,015) Fines paid (542) (617) (882) Investment plan expenses (13,255) (727) 1 Exploration expenses — — (284) Contributions and donations (38,756) (19,096) (9,037) Other operating expenses (8,223) (763) (1,074) Subtotal (46,332) (33,738) (54,545) Total (93,400) (75,971) (60,605) 21.6 Other (losses) gains For the period from January Other (losses) income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Sale of investments in associates — 60 — Adjust previous year application method of participation (378) (1) — Reversal/Impairment of interests in associates 626 1,349 (2,009) Sale of investments in joint ventures (2,599) — — Others 97 (1,291) (629) Total (2,254) 117 (2,638) 21.7 Impairment losses and reversals for financial assets For the period from January Impairment of financial assets and reversal of impairment losses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Impairment of financial assets and reversal of impairment losses (See Note 12.2) 202 3,369 (235) Totals 202 3,369 (235) 21.8 Summary of expenses by nature The following summary considers notes 21.2, 21.4 and 21.5. For the period from January Expenses by nature 2023 2022 2021 ThUS$ ThUS$ ThUS$ Raw materials and consumables (687,116) (561,709) (345,356) Employee benefit expenses (384,422) (372,457) (272,323) Depreciation expense (252,746) (218,714) (195,678) Depreciation of right-of-use assets (15,182) (9,205) (8,706) Impairment of properties, plant and equipment, intangible and Goodwill (47,068) (42,233) (6,060) Amortization expense (12,859) (16,539) (9,855) Legal expenses 17,127 (6,841) (42,254) Investment plan expenses (38,893) (19,020) (15,058) Exploration expenses — — (284) Provision for materials, spare parts and supplies (10,065) (7,099) (505) Contractors (237,247) (201,578) (162,677) Operational leases (88,754) (75,249) (70,584) Mining patents (7,560) (14,585) (7,325) Operational transportation (107,074) (91,130) (76,004) Freight and product transportation costs (104,664) (94,727) (77,353) Purchase of products from third parties (422,023) (473,742) (329,464) Corfo rights and other agreements (1,868,850) (3,272,897) (247,604) Export costs (158,621) (153,162) (99,212) Expenses related to variable lease payments (contracts under IFRS 16) (4,700) (3,631) (1,313) Insurance (58,982) (46,334) (25,770) Consultant and advisor services (32,562) (27,235) (17,332) Variation in gross inventory 20,024 628,671 85,709 Variation in inventory provision (29,711) (27,324) 5,038 Other expenses (129,653) (85,828) (31,736) Total expenses by nature (4,661,601) (5,192,568) (1,951,706) 21.9 Finance expenses For the period from January Finance expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Interest expense from bank borrowings and overdrafts (3,890) (3,065) (2,664) Interest expense from bonds (106,871) (108,387) (90,859) Interest expense from loans (55,926) (2,098) (1,135) Reversal of capitalized interest expenses 43,331 24,708 14,206 Financial expenses for restoration and rehabilitation provisions 2,368 9,357 (1,259) Interest on lease agreement (2,038) (1,226) (1,587) Other finance costs (15,376) (5,940) (1,328) Total (138,402) (86,651) (84,626) 21.10 Finance income For the period from January Finance income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Interest from term deposits 81,981 31,122 3,635 Interest from marketable securities 31,920 10,252 68 Interest from maintenance of minimum bank balance in current account 12 6 2 Other finance income 4,614 3,318 107 Other finance interests 4,199 2,340 856 Total 122,726 47,038 4,668

Reportable segments

Reportable segments	12 Months Ended
	Dec. 31, 2023
Disclosure of operating segments [abstract]
Reportable segments	Reportable segments 22.1 Reportable segments (a) General information: The amount of each item presented in each operating segment is equal to that reported to the highest authority that makes decisions regarding the operation, in order to decide on the allocation of resources to the defined segments and to assess its performance. These operating segments mentioned are consistent with the way the Company is managed and how results will be reported by the Company. These segments reflect separate operating results that are regularly reviewed by the executive responsible for operational decisions in order to make decisions about the resources to be allocated to the segment and assess its performance (See Note 22.2). The performance of each segment is measured based on net income and revenues. Inter-segment sales are made using terms and conditions at current market rates. (b) Factors used to identify segments on which a report should be presented: The segments covered in the report are strategic business units that offer different products and services. These are managed separately because each business requires different technology and marketing strategies. (c) Description of the types of products and services from which each reportable segment obtains its income from ordinary activities The operating segments are as follows: (i) Specialty plant nutrients (ii) Iodine and its derivatives (iii) Lithium and its derivatives (iv) Industrial chemicals (v) Potassium (vi) Other products and services (d) Description of income sources for all the other segments Information regarding assets, liabilities, gains and expenses that cannot be assigned to the segments indicated above, due to the nature of production processes, is included under the "Unallocated amounts” category of the disclosed information. (e) Description of the nature of the differences between measurements of results of reportable segments and the result of the entity before the expense or income tax expense of incomes The information reported in the segments is extracted from the Company’s consolidated financial statements and therefore there is no need to prepare reconciliations between the data mentioned above and those reported in the respective segments, according to what is stated in paragraph 28 of IFRS 8, "Operating Segments". For the allocation of inventory valuation costs, we identify the direct expenses (can be directly allocated to products) and the common expenses (belong to co-production processes, for example common leaching expenses for production of Iodine and Nitrates), Direct costs are directly allocated to the product and the common costs are distributed according to percentages that consider different variables in their determination, such as margins, rotation of inventories, revenue, production etc. The allocation of other common costs that are not included in the inventory valuation process, but go straight to the cost of sales, use similar criteria: the costs associated with a product or sales in particular are assigned to that particular product or sales, and the common costs associated with different products or business lines are allocated according to the sales. (f) Description of the nature of the differences between measurements of assets of reportable segments and the Company´s assets Assets are not shown classified by segments, as this information is not readily available, some of these assets are not separable by the type of activity by which they are affected since this information is not used by management in decision-making with respect to resources to be allocated to each defined segment. All assets are disclosed in the "unallocated amounts" category. (g) Description of the nature of the differences between measurements of liabilities of reportable segments and the Company’s liabilities Liabilities are not shown classified by segments, as this information is not readily available, some of these liabilities are not separable by the type of activity by which they are affected, since this information is not used by management in decision-making regarding resources to be allocated to each defined segment. All liabilities are disclosed in the "unallocated amounts" category. 22.2 Reportable segment disclosures: Operating segment items for the year ended December 31, 2023 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 913,912 892,151 5,180,114 175,223 279,050 27,040 7,467,490 7,467,490 — 7,467,490 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 913,912 892,151 5,180,114 175,223 279,050 27,040 7,467,490 7,467,490 — 7,467,490 Costs of sales (691,509) (355,717) (2,955,669) (141,351) (219,597) (28,593) (4,392,436) (4,392,436) — (4,392,436) Administrative expenses — — — — — — — — (175,765) (175,765) Finance expense — — — — — — — — (138,402) (138,402) Depreciation and amortization expense (70,342) (53,140) (124,010) (15,232) (18,006) (57) (280,787) (280,787) — (280,787) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 593 593 Income before taxes 222,403 536,434 2,224,445 33,872 59,453 (1,553) 3,075,054 3,075,054 (268,036) 2,807,018 Income tax expense — — — — — — — — (1,876,751) (1,876,751) Net income (loss) 222,403 536,434 2,224,445 33,872 59,453 (1,553) 3,075,054 3,075,054 (2,144,787) 930,267 Assets — — — — — — — — 10,778,837 10,778,837 Equity-accounted investees — — — — — — — — 86,417 86,417 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 2,785,385 2,785,385 Liabilities — — — — — — — — 6,301,408 6,301,408 Impairment loss of financial assets recognized in income — — 202 202 Impairment loss of non-financial assets recognized in income — — — — — — — — (47,068) (47,068) Cash flows Cash flows from operating activities — — — — — — — — (196,639) (196,639) Cash flows used in investing activities — — — — — — — — (1,481,493) (1,481,493) Cash flows from financing activities — — — — — — — — 66,261 66,261 Operating segment items for the year ended December 31, 2022 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 1,172,334 754,339 8,152,939 165,200 437,180 28,586 10,710,578 10,710,578 — 10,710,578 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 1,172,334 754,339 8,152,939 165,200 437,180 28,586 10,710,578 10,710,578 — 10,710,578 Costs of sales (722,261) (282,100) (3,636,852) (112,247) (193,581) (26,912) (4,973,953) (4,973,953) — (4,973,953) Administrative expenses — — — — — — — — (142,644) (142,644) Finance expense — — — — — — — — (86,651) (86,651) Depreciation and amortization expense (63,321) (53,734) (88,510) (14,724) (24,043) (126) (244,458) (244,458) — (244,458) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 20,159 20,159 Income before taxes 450,073 472,239 4,516,087 52,953 243,599 1,674 5,736,625 5,736,625 (250,129) 5,486,496 Income tax expense — — — — — — — — (1,572,212) (1,572,212) Net income (loss) 450,073 472,239 4,516,087 52,953 243,599 1,674 5,736,625 5,736,625 (1,822,341) 3,914,284 Assets — — — — — — — — 10,819,101 10,819,101 Equity-accounted investees — — — — — — — — 54,386 54,386 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 1,757,581 1,757,581 Liabilities — — — — — — — — 5,887,100 5,887,100 Impairment loss of financial assets recognized in income — — 3,369 3,369 Impairment loss of non-financial assets recognized in income — — — — — — — — (42,233) (42,233) Cash flows Cash flows from operating activities — — — — — — — — 4,077,595 4,077,595 Cash flows used in investing activities — — — — — — — — (909,401) (909,401) Cash flows from financing activities — — — — — — — — (2,002,969) (2,002,969) Operating segment items for the year ended December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 — 2,862,315 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 — 2,862,315 Costs of sales (646,930) (240,341) (494,794) (109,067) (253,125) (27,951) (1,772,208) (1,772,208) — (1,772,208) Administrative expenses — — — — — — — — (118,893) (118,893) Finance expense — — — — — — — — (84,626) (84,626) Depreciation and amortization expense (58,808) (41,215) (65,014) (13,743) (35,290) (169) (214,239) (214,239) — (214,239) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 11,132 11,132 Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (248,886) 841,221 Income tax expense — — — — — — — — (249,016) (249,016) Net income (loss) 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (497,902) 592,205 Assets — — — — — — — — 7,180,201 7,180,201 Equity-accounted investees — — — — — — — — 39,824 39,824 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 152,663 152,663 Other Liabilities — — — — — — — — 3,964,230 3,964,230 Impairment loss of financial assets recognized in income — — — — — — — — (235) (235) Impairment loss of non-financial assets recognized in income — — — — — — — — (6,060) (6,060) Cash flows Cash flows from operating activities — — — — — — — — 822,520 822,520 Cash flows used in investing activities — — — — — — — — (1,006,943) (1,006,943) Cash flows from financing activities — — — — — — — — 1,206,485 1,206,485 22.3 Statement of comprehensive income classified by reportable segments based on groups of products Items in the statement of comprehensive income for the year ended December 31,2023 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 913,912 892,151 5,180,114 175,223 279,050 27,040 — 7,467,490 Costs of sales (691,509) (355,717) (2,955,669) (141,351) (219,597) (28,593) — (4,392,436) Gross profit 222,403 536,434 2,224,445 33,872 59,453 (1,553) — 3,075,054 Other incomes by function — — — — — — 40,557 40,557 Administrative expenses — — — — — — (175,765) (175,765) Other expenses by function — — — — — — (93,400) (93,400) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — 202 202 Other losses — — — — — — (2,254) (2,254) Financial income — — — — — — 122,726 122,726 Financial costs — — — — — — (138,402) (138,402) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 593 593 Exchange differences — — — — — — (22,293) (22,293) Income before taxes 222,403 536,434 2,224,445 33,872 59,453 (1,553) (268,036) 2,807,018 Income tax expense — — — — — — (1,876,751) (1,876,751) Net income 222,403 536,434 2,224,445 33,872 59,453 (1,553) (2,144,787) 930,267 Items in the statement of comprehensive income for the year ended December 31,2022 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 1,172,334 754,339 8,152,939 165,200 437,180 28,586 — 10,710,578 Costs of sales (722,261) (282,100) (3,636,852) (112,247) (193,581) (26,912) — (4,973,953) Gross profit 450,073 472,239 4,516,087 52,953 243,599 1,674 — 5,736,625 Other incomes by function — — — — — — 9,854 9,854 Administrative expenses — — — — — — (142,644) (142,644) Other expenses by function — — — — — — (75,971) (75,971) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — 3,369 3,369 Other gains — — — — — — 117 117 Financial income — — — — — — 47,038 47,038 Financial costs — — — — — — (86,651) (86,651) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 20,159 20,159 Exchange differences — — — — — — (25,400) (25,400) Income before taxes 450,073 472,239 4,516,087 52,953 243,599 1,674 (250,129) 5,486,496 Income tax expense — — — — — — (1,572,212) (1,572,212) Net income 450,073 472,239 4,516,087 52,953 243,599 1,674 (1,822,341) 3,914,284 Items in the statement of comprehensive income for the year ended December 31,2021 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 — 2,862,315 Cost of sales (646,930) (240,341) (494,794) (109,067) (253,125) (27,951) — (1,772,208) Gross profit 261,885 197,590 441,327 22,944 163,467 2,894 — 1,090,107 Other incomes by function — — — — — — 19,552 19,552 Administrative expenses — — — — — — (118,893) (118,893) Other expenses by function — — — — — — (60,605) (60,605) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — (235) (235) Other losses — — — — — — (2,638) (2,638) Financial income — — — — — — 4,668 4,668 Financial costs — — — — — — (84,626) (84,626) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 11,132 11,132 Exchange differences — — — — — — (17,241) (17,241) Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 (248,886) 841,221 Income tax expense — — — — — — (249,016) (249,016) Net income from continuing operations 261,885 197,590 441,327 22,944 163,467 2,894 (497,902) 592,205 22.4 Disclosures on geographical areas As indicated in paragraph 33 of IFRS 8, the entity discloses geographical information on its revenue from operating activities with external customers and from non-current assets that are not financial instruments, deferred income tax assets, assets related to post-employment benefits or rights derived from insurance contracts. 22.5 Disclosures on main customers With respect to the degree of dependency of the Company on its customers, in accordance with paragraph 34 of IFRS 8, the Company has no external customers who individually represent 10% or more of its revenue. 22.6 Segments by geographical areas Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue at December 31, 2023 169,681 210,299 828,112 783,611 5,475,787 7,467,490 Non-current assets at December 31, 2023 Investment accounted for under the equity method — 22,490 42,726 17,657 3,544 86,417 Intangible assets other than goodwill 67,671 360 6,440 876 80,527 155,874 Goodwill — 86 148 724 — 958 Property, plant and equipment, net 2,888,778 776 14,485 6,322 699,576 3,609,937 Right-of-use assets 32,359 19 3,716 8,619 28,480 73,193 Other non-current assets 60,363 18 — 5,099 308,220 373,700 Non-current assets 3,049,171 23,749 67,515 39,297 1,120,347 4,300,079 Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue for the year ended December 31, 2022 223,148 339,940 932,558 914,187 8,300,745 10,710,578 Non-current assets at December 31, 2022 Investment accounted for under the equity method — 20,792 15,939 17,655 — 54,386 Intangible assets other than goodwill 75,666 428 6,497 1,345 82,400 166,336 Goodwill — 86 158 723 — 967 Property, plant and equipment, net 2,269,923 743 14,978 4,506 436,688 2,726,838 Right-of-use assets 32,312 47 1,651 2,739 24,118 60,867 Other non-current assets 46,640 17 6 4,706 1,027 52,396 Non-current assets 2,424,541 22,113 39,229 31,674 544,233 3,061,790 Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue for the year ended December 31, 2021 219,648 326,287 482,765 558,002 1,275,613 2,862,315 Non-current assets at December 31, 2021 Investment accounted for under the equity method — 8,683 15,242 15,899 — 39,824 Intangible assets other than goodwill 89,019 496 6,996 1,809 81,338 179,658 Goodwill 22,979 86 11,531 — — 34,596 Property, plant and equipment, net 1,815,997 671 11,380 3,704 180,473 2,012,225 Right-of-use assets 29,803 68 2,040 3,351 17,346 52,608 Other non-current assets 27,626 16 6 3,950 1,889 33,487 Non-current assets 1,985,424 10,020 47,195 28,713 281,046 2,352,398

Effect of fluctuations in forei

Effect of fluctuations in foreign currency exchange rates	12 Months Ended
	Dec. 31, 2023
Effect Of Fluctuations In Foreign Currency Exchange Rates
Effect of fluctuations in foreign currency exchange rates	Effect of fluctuations in foreign currency exchange rates (a) Reserves for foreign currency exchange differences: As of December 31, 2023, and 2022, are detailed as follows: Details As of As of As of ThUS$ ThUS$ ThUS$ Changes in equity generated by the equity method value through conversion: Comercial Hydro S.A. 1,004 1,004 1,004 SQMC Internacional Ltda. (9) (9) (9) Proinsa Ltda. (10) (10) (10) Comercial Agrorama Ltda. 188 175 155 Isapre Norte Grande Ltda. (147) (130) (121) Almacenes y Depósitos Ltda. 662 568 305 Sacal S.A. (3) (3) (3) Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. (41) (38) (36) Agrorama S.A. 730 666 628 SQM Vitas Fzco (1,164) (3,614) (4,165) Ajay Europe (1,529) (1,911) (1,413) SQM Oceanía Pty Ltd. (579) (579) (579) SQM Indonesia S.A. (124) (124) (124) Abu Dhabi Fertillizers Industries WWL. — — 372 SQM Holland B.V. 99 99 99 SQM Thailand Limited (68) (68) (68) SQM Europe (1,983) (1,983) (1,983) SQM Australia Pty Ltd. (1,643) (1,642) (1,732) Pavoni & C. Spa (224) (363) (153) SQM Colombia S.A.S. (80) (80) (80) Total (4,921) (8,042) (7,913) (b) Functional and presentation currency The functional currency of these companies corresponds to the currency of the country of origin of each entity, and its presentation currency is the dollar. (c) Reasons to use one presentation currency and a different functional currency – A relevant portion of the revenues of these subsidiaries are associated with the local currency. – The cost structure of these companies is affected by the local currency.

Disclosures on the effects of f

Disclosures on the effects of fluctuations in foreign currency exchange rates	12 Months Ended
	Dec. 31, 2023
Foreign exchange rates [abstract]
Disclosures on the effects of fluctuations in foreign currency exchange rates	Disclosures on the effects of fluctuations in foreign currency exchange rates a) Assets held in foreign currency subject to fluctuations in exchange rates are detailed as follows: Class of Asset Currency As of As of ThUS$ ThUS$ Cash and cash equivalents USD 855,001 1,637,507 Cash and cash equivalents CLP 3,425 806,106 Cash and cash equivalents CNY 31,362 92,394 Cash and cash equivalents EUR 11,183 14,963 Cash and cash equivalents GBP 26 1 Cash and cash equivalents AUD 108,883 89,602 Cash and cash equivalents MXN 649 1,406 Cash and cash equivalents AED 6 2 Cash and cash equivalents JPY 899 686 Cash and cash equivalents NOK 8 — Cash and cash equivalents ZAR 10,559 11,647 Cash and cash equivalents KRW 19,364 918 Cash and cash equivalents IDR 3 3 Cash and cash equivalents PLN 1 1 Subtotal cash and cash equivalents 1,041,369 2,655,236 Other current financial assets USD 879,612 722,165 Other current financial assets BRL 10 39 Other current financial assets CLP 446,221 239,151 Subtotal other current financial assets 1,325,843 961,355 Other current non-financial assets USD 22,092 35,237 Other current non-financial assets AUD 4,870 9,516 Other current non-financial assets CLF 227 259 Other current non-financial assets CLP 85,079 85,608 Other current non-financial assets CNY 529 56,404 Other current non-financial assets EUR 1,304 1,046 Other current non-financial assets COP 294 217 Other current non-financial assets MXN 2,014 4,685 Other current non-financial assets THB 2 2 Other current non-financial assets JPY 2,267 158 Other current non-financial assets ZAR 41 3,203 Other current non-financial assets KRW 18,031 — Subtotal other non-financial current assets 136,750 196,335 Trade and other receivables USD 516,261 788,596 Trade and other receivables BRL 8 22 Trade and other receivables CLF 1,330 550 Trade and other receivables CLP 61,146 58,412 Trade and other receivables CNY 282,117 161,492 Trade and other receivables EUR 25,542 36,318 Trade and other receivables GBP 147 76 Trade and other receivables MXN 670 889 Trade and other receivables AED 1,467 3,116 Trade and other receivables JPY 382 129 Trade and other receivables AUD 2,598 1,708 Trade and other receivables ZAR 12,295 33,361 Trade and other receivables KRW 8 — Trade and other receivables COP 3,210 2,751 Subtotal trade and other receivables 907,181 1,087,420 Class of Asset Currency As of As of ThUS$ ThUS$ Receivables from related parties USD 40,236 79,331 Receivables from related parties EUR 3,017 1,250 Receivables from related parties AUD — 1,041 Subtotal receivables from related parties 43,253 81,622 Current inventories USD 1,774,594 1,784,281 Subtotal Current Inventories 1,774,594 1,784,281 Current tax assets USD 611,841 127,068 Current tax assets BRL 2 1 Current tax assets CLP 3,637 2,125 Current tax assets EUR 13,556 14,042 Current tax assets MXN 5,216 59 Current tax assets JPY 11 — Current tax assets CNY — 77,397 Current tax assets ZAR 29 28 Current tax assets COP 2,741 1,481 Current tax assets KRW — 2,713 Subtotal current tax assets 637,033 224,914 Non-current assets or groups of assets classified as held for sale USD 118 346 Subtotal Non-current assets or groups of assets classified as held for sale 118 346 Total current assets 5,866,141 6,991,509 Other non-current financial assets USD 248,281 32,126 Subtotal Other non-current financial assets 248,281 32,126 Other non-current non-financial assets USD 65,616 52,396 Other non-current non-financial assets CNY 308,084 — Subtotal Other non-current non-financial assets 373,700 52,396 Other receivables, non-current USD 705 713 Other receivables, non-current CLF 9 77 Other receivables, non-current MXN 179 88 Other receivables, non-current KRW 667 — Other receivables, non-current CLP 999 1,213 Subtotal Other receivables, non-current 2,559 2,091 Investments classified using the equity method of accounting USD 76,532 22,959 Investments classified using the equity method of accounting AED 2,778 19,597 Investments classified using the equity method of accounting EUR 7,107 11,830 Subtotal Investments classified using the equity method of accounting 86,417 54,386 Intangible assets other than goodwill USD 155,874 166,336 Subtotal intangible assets other than goodwill 155,874 166,336 Purchases goodwill, gross USD 958 967 Subtotal Purchases goodwill, gross 958 967 Property, plant and equipment USD 3,609,937 2,726,838 Subtotal property, plant and equipment 3,609,937 2,726,838 Right-of-use assets USD 73,193 60,867 Subtotal Right-of-use assets 73,193 60,867 Non-current tax assets USD 59,541 127,114 Subtotal non-current tax assets 59,541 127,114 Deferred tax assets USD 302,236 604,471 Subtotal Deferred tax assets 302,236 604,471 Total non-current assets 4,912,696 3,827,592 Total assets 10,778,837 10,819,101 As of December 31, 2023 As of December 31, 2022 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current liabilities Other current financial liabilities USD 773,314 462,656 1,235,970 120,652 381,922 502,574 Other current financial liabilities CLF 20,191 338 20,529 20,094 331 20,425 Subtotal other current financial liabilities 793,505 462,994 1,256,499 140,746 382,253 522,999 Lease liabilities, current USD — 9,293 9,293 — 6,549 6,549 Lease liabilities, current CLF — 2,284 2,284 — 2,331 2,331 Lease liabilities, current MXN — 3,573 3,573 — 436 436 Lease liabilities, current EUR — 438 438 — 387 387 Lease liabilities, current AUD — 2,604 2,604 — 2,446 2,446 Subtotal Lease liabilities, current — 18,192 18,192 — 12,149 12,149 Trade and other payables USD 87,043 7,310 94,353 121,260 110 121,370 Trade and other payables CLF 3,614 — 3,614 2,618 — 2,618 Trade and other payables BRL 12 — 12 10 — 10 Trade and other payables THB 4 — 4 4 — 4 Trade and other payables CLP 227,990 52 228,042 162,470 — 162,470 Trade and other payables CNY 28,562 — 28,562 4,757 — 4,757 Trade and other payables EUR 52,883 6,399 59,282 56,118 564 56,682 Trade and other payables GBP 18 — 18 18 — 18 Trade and other payables MXN 1,499 — 1,499 802 — 802 Trade and other payables AUD 32,439 7 32,446 24,394 — 24,394 Trade and other payables ZAR 984 — 984 1,256 — 1,256 Trade and other payables AED — — — 72 — 72 Trade and other payables JPY — — — — — — Trade and other payables CHF 21 — 21 32 — 32 Trade and other payables COP 302 — 302 115 — 115 Trade and other payables CAD 2 — — — Trade and other payables KRW 492 — 492 189 — 189 Subtotal trade and other payables 435,865 13,768 449,633 374,115 674 374,789 Trade payables due to related parties AUD 2,346 — 2,346 — — — Subtotal Trade payables due to related parties 2,346 — 2,346 — — — Other current provisions USD 384,972 6,793 391,765 1,300,878 2,051 1,302,929 Other current provisions CLP 332 — 332 — 217 217 Other current provisions JPY 225 — 225 — — — As of December 31, 2023 As of December 31, 2022 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Subtotal other current provisions 385,529 6,793 392,322 1,300,878 2,268 1,303,146 Current tax liabilities USD 162,743 9,805 172,548 — 348,658 348,658 Current tax liabilities CLP — 513 513 — 999 999 Current tax liabilities EUR — 4,850 4,850 — 1,386 1,386 Current tax liabilities MXN — — — — 5,568 5,568 Current tax liabilities AUD — 169 169 — — — Current tax liabilities KRW — 5,197 5,197 — — — Current tax liabilities CNY — 356 356 — — — Subtotal current tax liabilities 162,743 20,890 183,633 — 356,611 356,611 Provisions for employee benefits, current USD 21,575 — 21,575 25,867 8,631 34,498 Provisions for employee benefits, current AUD 492 — 492 390 — 390 Provisions for employee benefits, current EUR 560 — 560 385 — 385 Provisions for employee benefits, current CLP 1,117 — 1,117 — — — Provisions for employee benefits, current MXN 202 — 202 103 — 103 Subtotal Provisions for employee benefits, current 23,946 — 23,946 26,745 8,631 35,376 Other current non-financial liabilities USD 57,114 61,037 118,151 393,401 98 393,499 Other current non-financial liabilities BRL 17 — 17 1 — 1 Other current non-financial liabilities CLP 32,780 24,787 57,567 8,281 39,456 47,737 Other current non-financial liabilities CNY 134 — 134 92 — 92 Other current non-financial liabilities EUR 669 969 1,638 1,564 250 1,814 Other current non-financial liabilities MXN 966 16 982 725 14 739 Other current non-financial liabilities JPY 49 — 49 47 — 47 Other current non-financial liabilities PEN — — — — — — Other current non-financial liabilities COP 202 — 202 250 — 250 Other current non-financial liabilities ARS — — — 26 — 26 Other current non-financial liabilities ZAR 550 — 550 — 1 1 Other current non-financial liabilities KRW 8,015 — 8,015 2,271 — 2,271 Subtotal other current non-financial liabilities 100,496 86,809 187,305 406,658 39,819 446,477 Total current liabilities 1,904,430 609,446 2,513,876 2,249,142 802,405 3,051,547 As of December 31, 2023 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD 249,963 195,833 99,685 — 2,271,326 2,816,807 Other non-current financial liabilities CLF — — — — 396,615 396,615 Subtotal Other non-current financial liabilities 249,963 195,833 99,685 — 2,667,941 3,213,422 Non-current lease liabilities USD — 13,059 — 4,843 — 17,902 Non-current lease liabilities CLP — — — 21 — 21 Non-current lease liabilities CLF — 8,971 — — — 8,971 Non-current lease liabilities MXN — — — 4,235 — 4,235 Non-current lease liabilities EUR — — — 3,315 — 3,315 Non-current lease liabilities AUD — — — 22,522 — 22,522 Subtotal non-current lease liabilities — 22,030 — 34,936 — 56,966 Non-current Trade and other payables USD — — — — — — Subtotal Non-current Trade and other payables — — — — — — Other non-current provisions USD — 27,599 — — 32,851 60,450 Subtotal Other non-current provisions — 27,599 — — 32,851 60,450 Deferred tax liabilities USD — 394,688 — — — 394,688 Subtotal Deferred tax liabilities — 394,688 — — — 394,688 Provisions for employee benefits, non-current USD 10,008 8,066 — — 440 18,514 Provisions for employee benefits, non-current CLP 42,813 — — — — 42,813 Provisions for employee benefits, non-current MXN 314 — — — — 314 Provisions for employee benefits, non-current AUD — — — — 91 91 Provisions for employee benefits, non-current JPY 218 — — — — 218 Provisions for employee benefits, non-current EUR 56 — — — — 56 Subtotal Provisions for employee benefits, non-current 53,409 8,066 — — 531 62,006 Total non-current liabilities 303,372 648,216 99,685 34,936 2,701,323 3,787,532 Total liabilities 6,301,408 As of December 31, 2022 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD — 197,521 249,531 — 1,544,654 1,991,706 Other non-current financial liabilities CLF — — — — 402,512 402,512 Subtotal Other non-current financial liabilities — 197,521 249,531 — 1,947,166 2,394,218 Non-current lease liabilities USD — 13,566 — 22,500 — 36,066 Non-current lease liabilities CLP — — — 23 — 23 Non-current lease liabilities CLF — — — 10,982 — 10,982 Non-current lease liabilities MXN — — — 1,094 — 1,094 Non-current lease liabilities EUR — — — 1,420 — 1,420 Subtotal non-current lease liabilities — 13,566 — 36,019 — 49,585 Non-current Trade and other payables USD — — — — — — Subtotal Non-current Trade and other payables — — — — — — Other non-current provisions USD — 3,648 — 26,200 28,205 58,053 Subtotal Other non-current provisions — 3,648 — 26,200 28,205 58,053 Deferred tax liabilities USD — 289,825 — — — 289,825 Subtotal Deferred tax liabilities — 289,825 — — — 289,825 Provisions for employee benefits, non-current USD 34,326 — — — 9,006 43,332 Provisions for employee benefits, non-current CLP 540 — — — — 540 Subtotal Provisions for employee benefits, non-current 34,866 — — — 9,006 43,872 Total non-current liabilities 34,866 504,560 249,531 62,219 1,984,377 2,835,553 Total liabilities 5,887,100 Effects of changes in foreign currency exchange rates on the statement of net income and other comprehensive income. For the period from January to December of the year Foreign currency exchange rate changes 2023 2022 2021 ThUS$ ThUS$ ThUS$ Foreign currency loss (22,293) (25,400) (17,241) Foreign currency translation reserve 3,177 (255) 4,240 Total (19,116) (25,655) (13,001) The average and closing exchange rate for foreign currency is disclosed in Note 3.3

Income tax and deferred taxes

Income tax and deferred taxes	12 Months Ended
	Dec. 31, 2023
Major components of tax expense (income) [abstract]
Income tax and deferred taxes	Income tax and deferred taxes Tax receivables as of December 31, 2023 and 2022, are as follows: 25.1 Current and non-current tax assets (a) Current Current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies 584,382 894 Monthly provisional income tax payments, foreign companies 26,741 96,906 Corporate tax credits (1) 1,918 653 1st category tax absorbed by tax losses (2) 1,872 169 Taxes in recovery process 22,120 126,292 Total 637,033 224,914 (b) Non-current Non-current tax assets As of As of ThUS$ ThUS$ Non current tax receivable (see note 20.3) 59,541 127,114 Total 59,541 127,114 (1) These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE), credits for acquisition of fixed assets, donations and credits in Chile for taxes paid abroad. (2) This concept corresponds to the tax loss absorptions determined by the company at the end of the year, which must be attributed to the dividends received during the year. 25.2 Current tax liabilities Current tax liabilities As of As of ThUS$ ThUS$ Chilean income tax 636 337,245 Specific mining tax to lithium mining (see note 20.3) 162,743 — Foreign company income tax 20,254 19,366 Total 183,633 356,611 Income tax is calculated based on the income statements or loss for tax purposes that is applied to the effective tax rate applicable in Chile. As established by Law No. 20,780 is 27%. The royalty is determined by applying the taxable rate to the net operating income obtained, according to the chart in force. The Company currently provisioned 5.49% for mining royalties that involve operations in the Salar de Atacama and 5.00% for caliche extraction operations. The income tax rate for the main countries where the Company operates is presented below: Country Income tax Income tax Spain 25 % 25 % Belgium 25 % 25 % Mexico 30 % 30 % United States 21% +3% 21% + 3.51% South Africa 27 % 28 % South Korea 24 % (2) 25 % China 25%+12% (1) 25%+12% (1) (1) Additional tax of 12% on VAT payable. (2) Sliding scale from 9% to 24% of taxable income. 25.3 Income tax and deferred taxes (a) Deferred tax assets and liabilities as of December 31, 2023 Net liability position Description of deferred tax assets and liabilities as of December 31, 2023 Assets Liabilities ThUS$ ThUS$ Unrealized loss 321,340 — Property, plant and equipment and capitalized interest (1) — (240,056) Restoration and rehabilitation provision 6,336 — Manufacturing expenses — (159,879) Employee benefits and unemployment insurance — (9,438) Vacation accrual 9,373 — Inventory provision 34,718 — Materials provision 14,405 — Others employee benefits 6,561 — Research and development expenses — (16,046) Bad debt provision 3,060 — Provision for legal complaints and expenses 2,932 — Loan acquisition expenses — (12,735) Financial instruments recorded at market value — (52,016) Specific tax on mining activity — (3,303) Tax loss benefit 23,340 — Other — (21,119) Foreign items (other) 75 — Balances to date 422,140 (514,592) Net balance (92,452) (1) This includes right-of-use assets. (b) Deferred tax assets and liabilities as of December 31, 2022 Net liability position Description of deferred tax assets and liabilities as of December 31, 2022 Assets Liabilities ThUS$ ThUS$ Unrealized loss 655,695 — Property, plant and equipment and capitalized interest (1) — (244,560) Restoration and rehabilitation provision 4,685 — Manufacturing expenses — (139,383) Employee benefits and unemployment insurance — (8,995) Vacation accrual 7,650 — Inventory provision 27,512 — Materials provision 11,915 — Others employee benefits 1,177 — Research and development expenses — (12,294) Bad debt provision 715 — Provision for legal complaints and expenses 6,827 — Loan acquisition expenses — (8,793) Financial instruments recorded at market value 5,226 — Specific tax on mining activity — (5,799) Tax loss benefit 10,059 — Other 2,913 — Foreign items (other) 96 — Balances to date 734,470 (419,824) Net balance 314,646 (1) This item includes right-of-use assets. Deferred tax assets and liabilities in the consolidated statement of financial position as of December 31, 2023 and 2022, are as follows: Movements of deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets 302,236 604,471 Deferred tax liabilities (394,688) (289,825) Total (92,452) 314,646 (c) Reconciliation of changes in deferred tax (liabilities) assets as of December 31, 2023 Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of December 31, 2023 Deferred tax Deferred tax Deferred taxes Total change in deferred taxes Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss 655,695 (334,355) — (334,355) 321,340 Property, plant and equipment and capitalized interest (244,560) 4,504 — 4,504 (240,056) Restoration and rehabilitation provision 4,685 1,651 — 1,651 6,336 Manufacturing expenses (139,383) (20,496) — (20,496) (159,879) Employee benefits and unemployment insurance (8,995) (2,020) 1,577 (443) (9,438) Vacation accrual 7,650 1,723 — 1,723 9,373 Inventory provision 27,512 7,206 — 7,206 34,718 Materials provision 11,915 2,490 — 2,490 14,405 Derivative financial instruments — 5,047 (5,047) — — Others employee benefits 1,177 5,384 — 5,384 6,561 Research and development expenses (12,294) (3,752) — (3,752) (16,046) Bad debt provision 715 2,345 — 2,345 3,060 Provision for legal complaints and expenses 6,827 (3,895) — (3,895) 2,932 Loan approval expenses (8,793) (3,942) — (3,942) (12,735) Financial instruments recorded at market value 5,226 — (57,242) (57,242) (52,016) Specific tax on mining activity (5,799) 2,491 5 2,496 (3,303) Tax loss benefit 10,059 13,281 — 13,281 23,340 Others 2,913 (24,032) — (24,032) (21,119) Foreign items (other) 96 (21) — (21) 75 Total temporary differences, unused losses and unused tax credits 314,646 (346,391) (60,707) (407,098) (92,452) (d) Reconciliation of changes in deferred tax (liabilities) assets as of December 31, 2022 Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of December 31, 2022 Deferred tax Deferred tax Deferred taxes Total change in deferred taxes Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss 144,181 511,514 — 511,514 655,695 Property, plant and equipment and capitalized interest (189,073) (55,487) — (55,487) (244,560) Restoration and rehabilitation provision 6,567 (1,882) — (1,882) 4,685 Manufacturing expenses (108,181) (31,202) — (31,202) (139,383) Employee benefits and unemployment insurance (7,486) (2,779) 1,270 (1,509) (8,995) Vacation accrual 6,039 1,611 — 1,611 7,650 Inventory provision 20,557 6,955 — 6,955 27,512 Materials provision 10,554 1,361 — 1,361 11,915 Derivative financial instruments — 7,172 (7,172) — — Others employee benefits 929 248 — 248 1,177 Research and development expenses (5,387) (6,907) — (6,907) (12,294) Bad debt provision 2,708 (1,993) — (1,993) 715 Provision for legal complaints and expenses 334 6,493 — 6,493 6,827 Loan approval expenses (8,967) 174 — 174 (8,793) Financial instruments recorded at market value 5,243 — (17) (17) 5,226 Specific tax on mining activity (4,545) (1,257) 3 (1,254) (5,799) Tax loss benefit 8,557 1,502 — 1,502 10,059 Others (4,274) 7,187 — 7,187 2,913 Foreign items (other) 11,828 (11,732) — (11,732) 96 Total temporary differences, unused losses and unused tax credits (110,416) 430,978 (5,916) 425,062 314,646 (e) Deferred taxes related to benefits for tax losses The Company’s tax loss carryforwards were mainly generated by losses in Chile, which in accordance with current Chilean tax regulations have no expiration date. As of December 31, 2023, and 2022, tax loss carryforwards are detailed as follows: Deferred taxes related to benefits for tax losses As of As of ThUS$ ThUS$ Chile 16,087 10,059 Foreign 7,253 — Total 23,340 10,059 The tax losses as of December 31, 2023, which are the basis for these deferred taxes correspond mainly to Servicios Integrales de Tránsitos y Transferencias S.A., SQM Potasio S.A., Comercial Hydro S.A., Orcoma SpA., Orcoma Estudio SpA, SCM Búfalo, SQM North América Corp., SQM Holland B.V., SQM Colombia., SQM Australia Pty Ltd. (f) Movements in deferred tax assets and liabilities Movements in deferred tax assets and liabilities as of December 31, 2023 and 2022 are detailed as follows: Assets (liabilities) Movements in deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets and liabilities, net opening balance 314,646 (110,416) Increase (decrease) in deferred taxes in income (346,391) 430,978 Increase (decrease) deferred taxes in equity (60,707) (5,916) Total (92,452) 314,646 (g) Disclosures on income tax (expenses) benefits Current and deferred tax (expenses) benefits are detailed as follows: (Expense) Income Disclosures on income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax (expense) benefit Current tax expense (1) (1,533,809) (2,002,564) (279,105) Adjustments to prior year current income tax (expense) benefit 3,449 (626) 2,326 Current income tax expense, net, total (1,530,360) (2,003,190) (276,779) Deferred tax (expense) benefit Deferred tax benefits relating to the creation and reversal of temporary differences (342,363) 427,680 28,445 Tax adjustments related to the creation and reversal of temporary differences from the previous year (4,028) 3,298 (682) Total deferred tax benefits, net (346,391) 430,978 27,763 Income tax expense (1,876,751) (1,572,212) (249,016) (1) Includes a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023 relating to the specific mining tax to lithium mining claims (see note 20.3). Income tax (expenses) benefit for foreign and domestic parties are detailed as follows: (Expense) Income Income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax benefit (expense) by foreign and domestic parties, net Current income tax (expenses), foreign parties, net (120,893) (213,060) (46,748) Current income tax (expenses), domestic, net (1) (1,409,467) (1,790,130) (230,031) Current income tax expense, net, total (1,530,360) (2,003,190) (276,779) Deferred tax benefit (expense) by foreign and domestic parties, net Current income tax (expense) benefit, foreign parties, net (34,014) (21,338) (6,679) Current income tax (expense) benefits, domestic, net (312,377) 452,316 34,442 Deferred tax expense, net, total (346,391) 430,978 27,763 Income tax expense (1,876,751) (1,572,212) (249,016) (1) Includes a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023 relating to the specific mining tax to lithium mining claims (see note 20.3). ________________________________________________ (h) Disclosures on the tax effects of other comprehensive income components: As of December 31, 2023 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ (Losses) income from defined benefit plans (5,843) 1,582 (4,261) Cash flow hedges 18,692 (5,047) 13,645 Reserve for (losses) income from financial assets measured at fair value through other comprehensive income 190,509 (57,242) 133,267 Total 203,358 (60,707) 142,651 As of December 31, 2022 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ (Losses) income from defined benefit plans (6,350) 1,273 (5,077) Cash flow hedges 26,622 (7,172) 19,450 Reserve for (losses) income from financial assets measured at fair value through other comprehensive income 190 (17) 173 Total 20,462 (5,916) 14,546 As of December 31, 2021 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Income (losses) from defined benefit plans 4,679 (142) 4,537 Cash flow hedges (52,762) 14,246 (38,516) Reserve for income (losses) from financial assets measured at fair value through other comprehensive income (12,072) 3,818 (8,254) Total (60,155) 17,922 (42,233) ________________________________________________ (i) Explanation of the relationship between (expense) benefit for tax purposes and accounting income. Based on IAS 12, paragraph 81, letter “c”, the company has estimated that the method that discloses the most significant information for users of the financial statements is the numeric conciliation between the tax benefit (expense) and the result of multiplying the consolidated income before taxes by the current rate in Chile. The aforementioned choice is based on the fact that the Company and subsidiaries established in Chile generate a large part of the Company’s tax benefit (expense). The amounts provided by subsidiaries established outside Chile have no relative importance in the overall context. Reconciliation between the tax expense and the tax calculated by multiplying income before taxes by the Chilean corporate income tax rate. (Expense) Benefit Income Tax (Expense) Benefit As of As of As of ThUS$ ThUS$ ThUS$ Consolidated income before taxes 2,807,018 5,486,496 841,221 Statutory income tax rate in Chile 27 % 27 % 27 % Tax expense using the statutory tax rate (757,895) (1,481,354) (227,130) Net effect of royalty tax payments (6,889) (57,500) (13,350) Specific mining tax to lithium mining claims (see note 20.3) (1,089,476) — — Tax effect of income from regular activities exempt from taxation and dividends from abroad (1,457) 3,490 (260) Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) 3,509 (11,058) (2,226) Effect due to the difference in tax rates related to abroad subsidiaries (24,748) (25,053) (5,622) Other tax effects of reconciliation of accounting income to tax expense 205 (737) (428) Tax expense using the effective tax rate (1,876,751) (1,572,212) (249,016) (j) Tax periods potentially subject to verification: The Group’s Companies are potentially subject to income tax audits by tax authorities in each country These audits are limited to a number of interim tax periods, which, in general, when they elapse, give rise to the expiration of these inspections. Tax audits, due to their nature, are often complex and may require several years. Below, we provide a summary of tax periods that are potentially subject to verification, in accordance with the tax regulations in force in the country of origin: (i) Chile According to article 200 of Decree Law No 830, the taxes will be reviewed for any deficiencies in terms of payment and to generate any taxes that might arise. There is a 3-year prescriptive period for such review, dating from the expiration of the legal deadline when payment should have been made. This prescriptive period can be extended to 6 years for the revision of taxes subject to declaration, when such declaration has not been filed or has been presented with maliciously false information. (ii) United States In the United States, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return. In the event that an omission or error is detected in the tax return of sales or cost of sales, the review can be extended for a period of up to 6 years. (iii) Mexico: In Mexico, the tax authority can review tax returns up to 5 years from the expiration date of the tax return. (iv) Spain: In Spain, the tax authority can review tax returns up to 4 years from the expiration date of the tax return. (v) Belgium: In Belgium, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return if no tax losses exist. In the event of detecting an omission or error in the tax return, the review can be extended for a period of up to 5 years. (vi) South Africa: In South Africa, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return. In the event that an omission or error in the tax return is detected, the review can be extended for a period of up to 5 years. (vii) China: Tax returns up to 3 years old from the due date of the return can be reviewed, in special circumstances this can be extended to 5 years. When tax evasion or fraud is involved, the tax authorities will pursue the collection of tax and there is no time limit. (viii) South Korea: Tax returns up to 5 years old from the due date of the return can be reviewed, but this can be extended to 7 years for cross-border transactions. Failure to file the tax return on the legal due date will result in this deadline being extended by up to 5 years and 10 years for cross-border transactions. When tax evasion or fraud is involved, it will be extended by up to 10 years and 15 years for cross-border transactions.

Events occurred after the repor

Events occurred after the reporting date	12 Months Ended
	Dec. 31, 2023
Disclosure of non-adjusting events after reporting period [abstract]
Events occurred after the reporting date	Events occurred after the reporting date 26.1 Authorization of the financial statements The consolidated financial statements of the Company and its subsidiaries, prepared in accordance with IFRS as issued by the IASB for the year ended December 31, 2023, were approved and authorized for issuance by the Company´s Board of Directors on April 29, 2024. 26.2 Disclosures on events occurring after the reporting date (a) On January 13, 2024, the Company reported the stoppage of operations at the Salar de Atacama mine. (b) On January 15, 2024, the Company reported that operations were resumed at the Salar de Atacama mine. (c) On February 28, 2024, the Company reported that its Board of Directors agreed (a) to call an annual general meeting of shareholders for April 25, 2024, and (b) to call an extraordinary meeting of shareholders for Thursday, March 21, 2024, to report on (i) the status of negotiations between the Company and Codelco, as described in the Memorandum of Understanding reported as a Material Event on December 27, 2023, (ii) the measures and contracts that are expected as a result of this Memorandum of Understanding, and (iii) any other associated issues. (d) Regarding the tax contingencies disclosed in Note 20.3, on April 5, 2024, the Santiago Court of Appeal issued a ruling in one of the Claims, the tax role case No. 312-2022, and revoked the ruling that had previously been handed down by the Tax and Customs Court of the Metropolitan Region, which upheld the public law annulment action filed by SQM Salar, corresponding to settlements for the 2017 and 2018 tax years. Although the ruling of the Santiago Court of Appeal does not affect all other Claims, filed by the SQM Salar against the Chilean IRS, and is still subject to appeal by SQM Salar, it prompted the review of the accounting treatment for the tax claims by the Company's Board of Directors. Consequently, the Company recognized a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023, which corresponds to the impact that the interpretation of the Santiago Court of Appeal ruling could have on the Claims. The effect of the review of the accounting treatment did not have a significant impact on the Company's cash flows, since the amount of US$986.2 million had been fully paid by the Company into the Chilean IRS. The Company maintains its firm position regarding the erroneous application of the specific tax on mining activity to the exploitation of lithium, a substance that is not concessionable by law in Chile, which had been recognized by the Chilean IRS itself in the past, as well as by the executive, legislative and judicial powers in Chile. SQM Salar will continue to actively defend its position in the tax claims. (e) On April 10, 2024, Inversiones TLC SpA, an owner of more than 10% of the SQM’s outstanding shares with voting rights, requested to summon a new extraordinary shareholder meeting to discuss and vote on the transaction contemplated in the Memorandum of Understanding signed by SQM and the National Copper Corporation (“Codelco”) dated December 27, 2023, and modified on March 20, 2024 (the “Memorandum”). The Company’s Board of Directors agreed to summon an extraordinary shareholder meeting for 10:00 a.m. (Chile time) on Wednesday, April 24, 2024 (the “Meeting”), to discuss the transaction contemplated in the Memorandum, in particular: a. Management report on the status of negotiations between SQM and Codelco, particularly, whether the parties have reached agreement on the terms and conditions of the contracts that are being negotiated pursuant to the conditions set in the Memorandum, including those that were mentioned at the extraordinary shareholder meeting held on March 21, 2024. b. Management presentation on the merits, opportunities, advantages, disadvantages and risks that the partnership with Codelco could form for SQM, as well as questions and comments from the shareholders. The viewpoints expressed by shareholders shall not possess binding authority upon the management of the Company, nor shall they discharge management from its responsibilities. c. Discussion on the legal structure under which the partnership with Codelco would be executed, according to the status of the negotiations on the date of the Meeting, and the steps and legal requirements for its approval in accordance with the regulations of the Chilean Corporations Law and the by-laws of SQM. Without prejudice to the request of the shareholder Inversiones TLC SpA to summon a shareholder meeting to discuss the matters indicated in letters (a), (b) and (c) above, the Company’s Board of Directors agreed not to submit to shareholders the voting of the approval of the partnership with Codelco, given that: (1) up to the current date, there is neither a partnership agreement nor a final legal structure on the transaction with Codelco to be approved; and (2) should the partnership with Codelco ultimately conforms to the terms previously consulted upon with the Chilean Financial Market Commission ( Comisión para el Mercado Financiero ), it would be appropriate to approve such transaction by the Company’s Board of Directors and not by the shareholders, as dictated by the Chilean Financial Market Commission in the Official Letter No. 27,980 dated February 29, 2024. (f) On December 18, 2023, together with Hancock Prospecting Pty ("Hancock"), the owner of approximately 18.4% of Azure's shares, we entered into a transaction implementation deed to acquire all outstanding shares of Azure by way of a joint scheme of arrangement for a cash price of A$3.70 per share, and a simultaneous conditional joint off-market takeover bid for a cash price of A$3.65 per share. On April 8, 2024, the Azure's shareholders approved the proposed acquisition of all outstanding shares of Azure by way of scheme of arrangement. The scheme is pending approval by the Australian Foreign Investment Review Board (FIRB) and the Australian Court and will be implemented shortly after all the approvals have been received. (g) On March 28, 2024, the Board of Directors, agreed to recommend to the shareholders the payment of a final dividend. The dividend payment was presented for consideration and approved at the Annual General Shareholders’ Meeting held on April 25, 2024. The amount of the final dividend approved by shareholders was US$2.11386 per share. The amounts of the interim dividends previously distributed during 2023 equivalent to US$1.90047 per share were deducted from the amount of the final dividend, leaving a balance equivalent to US$0.21339 to be paid and distributed on May 16, 2024. (h) On April 25, 2024, the Company held its 49th Annual General Shareholders’ Meeting during which several items were approved, including: (a) Approval of the Company’s annual report, the statutory financial statements and the external auditors’ report for the year ended December 31, 2023. (b) Appointment of PricewaterhouseCoopers Consultores, Auditores SpA as the Company’s external auditors for the period January 1 through December 31, 2024. (c) Approval of the distribution of a final dividend as recommended by the Board of Directors and communicated as an essential fact (hecho esencial) on March 28, 2024. (d) Election of the Board of Directors, with the following members: Gina Ocqueteau Tacchini, Antonio Gil Nievas, Gonzalo Guerrero Yamamoto, Patricio Contesse Fica, Ashely Luke Ozols, Hernán Büchi Buc, Georges de Bourguignon Arndt and Xu Tieying, with Mrs. Ocqueteau and Mr. Gil as independent directors. (e) Approval of the remuneration structure for the Board members, and the members of the Board committees, and their expenses. In an extraordinary Board meeting on the same day, the Board agreed to appoint Mr. Gonzalo Guerrero as Chairman of the Board and Mr. Patricio Contesse as Vice Chairman of the Board. The composition of the Board’s committees was also agreed upon at the meeting, as follows: (a) Directors’ Committee: Gina Ocqueteau, Antonio Gil and Hernán Büchi; (b) Corporate Governance Committee: Patricio Contesse, Hernán Büchi and Xu Tieying; (c) Safety, Health and Environment Committee: Georges de Bourguignon, Patricio Contesse and Gonzalo Guerrero. Management is not aware of any other significant events that occurred between December 31, 2023, and the date of issuance of these consolidated financial statements that may significantly affect them.

Significant accounting polici_2

Significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies
Schedule of mandatory interpretations and amendments	Amendments and improvements Description Mandatory for annual periods Amendment to IAS 12 – Deferred taxes related to assets and liabilities that arise from a single transaction. These amendments require companies to recognize deferred taxes on transactions that result in equal amounts in taxable and deductible temporary differences in the initial recognition. 01-01-2023 Amendment to IAS 12 "Income Taxes" on International Tax Reform - Pillar Two Model Rules. This amendment provides companies with a temporary exemption from accounting for deferred taxes arising from the Organization for Economic Cooperation and Development (OECD) international tax reform. The amendments also introduce specific disclosure requirements for affected companies. 01-01-2023
Schedule of interpretations and amendments issued, but not effective	Standards and Interpretations Description Mandatory for annual periods Amendments to IAS 1 "Presentation of Financial Statements" about the classification of liabilities. This amendment clarifies that liabilities are classified as either current or non-current, depending on their rights as of the reporting date. The classification is not affected by the expectations of the entity or events after the reporting date. For example, the receipt of a waiver or non-compliance with an agreement. The amendment also clarifies what IAS 1 means when it refers to the “settlement" of a liability. The amendment should be applied retrospectively in accordance with IAS 8. 01-01-2024 Amendment to IAS 1 “Non-current liabilities with covenants”. The amendment is aimed at improving the information that an entity provides when the payment terms of its liabilities can be deferred depending on compliance with covenants within the twelve months following the date of issue of the financial statements. 01-01-2024 Amendments to IFRS 16 “Leases” On sales with leaseback, which explains how an entity should recognize the rights to use the asset and how the gains or losses from the sale and leaseback should be recognized in the financial statements. 01-01-2024 Amendments to IAS 7 "Statement of Cash Flows" and IFRS 7 "Financial Instruments: Disclosures" on supplier financing arrangements. These amendments require disclosures that improve the transparency of supplier financing arrangements and their effects on a company's liabilities, cash flows and exposure to liquidity risk. 01-01-2024 Amendments to IAS 21 - Lack of exchangeability. This amendment affects an entity that has a transaction in a foreign currency that cannot be exchanged with another currency for a specific purpose as of the measurement date. One currency is exchangeable into another when the other currency can be obtained with a normal administrative delay, and the transaction is performed using a market or exchange mechanism that creates enforceable rights and obligations. This amendment contains instructions regarding the exchange rate to be used when the currency is not exchangeable, as previously described. Early adoption is permitted. 01-01-2025
Classification of balances as current and non-current	3.1 Classification of balances as current and non-current In the consolidated statement of financial position, balances are classified in consideration of their recovery maturity dates; i.e., those maturing within a period equal to or less than 12 months are classified as current counted from the closing date of the consolidated financial statements and those with maturity dates exceeding the aforementioned period are classified as non-current. The exception to the foregoing relates to deferred taxes, which are classified as non-current, regardless of the maturity they have.
Functional and presentation currency	3.2 Functional and presentation currency The Company’s consolidated financial statements are presented in United States dollars, without decimal places, which is the Company’s functional and presentation currency and is the currency of the main economic environment in which it operates. Consequently, the term foreign currency is defined as any currency other than the U.S. dollar.
Accounting policy for foreign currency translation	3.3 Accounting policy for foreign currency translation (a) SQM group entities: The revenue, expenses, assets and liabilities of all entities that have a functional currency other than the presentation currency are converted to the presentation currency as follows: - Assets and liabilities are converted at the closing exchange rate prevailing on the reporting date. - Revenues and expenses of each statement of income account are converted at monthly average exchange rates. - All resulting foreign currency translation gains and losses are recognized as a separate component in translation reserves. In consolidation, foreign currency differences arising from the translation of a net investment in foreign entities are recorded in shareholder’s equity (“foreign currency translation reserve”). At the date of disposal, such foreign currency translation differences are recognized in the statement of income as part of the gain or loss from the sale. The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 4.85 5.28 4.90 5.25 New Peruvian sol 3.70 3.81 3.73 3.83 Japanese yen 140.90 131.32 143.94 134.70 Euro 0.90 0.93 0.92 0.94 Mexican peso 16.92 19.50 17.18 19.60 Australian dollar 1.46 1.47 1.49 1.48 Pound Sterling 0.78 0.83 0.79 0.82 South African rand 18.27 17.01 18.61 17.28 Chilean peso 877.12 855.86 875.06 873.81 Chinese yuan 7.12 6.92 7.15 6.98 Indian rupee 83.21 82.73 83.26 82.52 Thai Baht 34.36 34.64 34.95 34.76 Turkish lira 29.52 18.71 29.09 18.66 Korean Won 1,290.70 1,259.98 1,304.17 1,291.64 Indonesian Rupiah 15,399.00 15,570.00 15,502.63 15,596.90 United Arab Emirates dirham 3.67 3.67 3.67 3.67 Polish Zloty 3.93 4.37 3.97 4.42 UF (*) 41.94 41.02 42.04 40.18 ________________________________________________ (*) US$ per UF (b) Transactions and balances The Company’s non-monetary transactions in currencies other than the functional currency (Dollar) are translated to the respective functional currencies of Group entities at the exchange rate on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. All differences are recorded in the statement of income except for all monetary items that provide an effective hedge for a net investment in a foreign operation. These items are recognized in other comprehensive income until disposal of the investment, when they are recognized in the statement of income. Charges and credits attributable to foreign currency translation differences on those hedge monetary items are also recognized in other comprehensive income. Non-monetary assets and liabilities that are measured at historical cost in a foreign currency are retranslated to the functional currency at the historical exchange rate of the transaction. Non-monetary items that are measured based on fair value in a foreign currency are translated using the exchange rate at the date on which the fair value is determined.
Consolidated statement of cash flows	3.4 Consolidated statement of cash flows Cash equivalents correspond to highly liquid short-term investments that are easily convertible into known amounts of cash and subject to insignificant risk of changes in their value and mature in less than three months from the date of acquisition of the instrument. For the purposes of the statement of cash flows, cash and cash equivalents comprise cash and cash equivalents as defined above. The statement of cash flows present cash transactions performed during the period, determined using the direct method. Other (outflows) inflows of cash from operating activities is composed as follows: For the year ended December 31, December 31, December 31, Banking expenses (15,603) (3,783) (1,921) Tax credits (3,353) (3,474) (2,403) Government grants 24,387 — — Value added tax (298,076) 120,283 80,503 Cost of bond issuance (18,346) (2,566) (16,570) (310,991) 110,460 59,609
Financial assets accounting policy	3.5 Financial assets accounting policy Management determines the classification of its financial assets at fair value (either through other comprehensive income, or through profit or loss), and at amortized cost. The classification depends on the business model of the entity to manage the financial assets and the contractual terms of the cash flows. The initial value of the Company's financial assets valued at fair value through other comprehensive income includes the transaction costs that are directly attributable to acquiring that financial asset on the date the Company commits to acquiring it, whereas the transaction costs for financial assets valued at fair value through profit or loss are expensed. The initial value of trade and other receivables that do not include a significant financial component is their transaction price. After initial recognition, the Company measures its financial assets according to the Company’s business model for managing its financial assets and the contractual terms of its cash flows: (a) Financial debt instruments measured at amortized cost. Financial assets that meet the following conditions are included in this category (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows and (ii) the contractual conditions of the financial asset give place, on specified dates, to cash flows that are only payments of the principal and interest on the outstanding principal amount. The Company’s financial assets that meet these conditions are: (i) cash equivalents; (ii) related party receivables; (iii) trade debtors; (iv) other receivables. (b) Financial instruments at fair value. A financial asset should be measured at fair value through income or fair value through other comprehensive income, depending on the following: (i) "Fair value through other comprehensive income": Assets held to collect contractual cash flows and to be sold, where the asset cash flows are only capital and interest payments, are measured at fair value through other comprehensive income. Changes in book values are through other comprehensive income, except for the recognition of impairment losses, interest income and exchange gains and losses, which are recognized in the income statement. When a financial asset is derecognized, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to the income statement. Interest income from these financial assets is included in financial income using the effective interest method. (ii) "Fair value through profit or loss": Assets that do not meet the amortized cost or "Fair value through other comprehensive income" criteria are valued at "Fair value through income". (c) Financial equity instruments at fair value through other comprehensive income. Equity instruments that are not classified as held for trading and which the Group has irrevocably chosen to recognize in this category from its initial recognition to the reporting date. Amounts presented in other comprehensive income will not be subsequently transferred to the statement of income.
Financial assets impairment	3.6 Financial assets impairment The Company evaluates expected credit losses associated with its debt instruments carried at amortized cost and fair value through other comprehensive income. The impairment method used depends on whether there has been a significant increase in credit risk. The Company assumes that the credit risk of a financial asset has increased significantly when it is more than 30 days past due. It is in default when the financial asset is more than 90 days past due and an individual analysis has concluded that it has a negative credit impairment. – Significant financial hardship – Breach of contract due to default – Probability of going bankrupt The Company assesses the credit impairment of its receivables as of each reporting date. A financial asset has credit impairment when one or more events have a negative impact on the expected cash flows from it. Evidence of credit impairment for a debtor is as follows: The Company applies the simplified approach to measure expected credit losses using the lifetime expected loss on all trade receivables. Expected credit losses are measured by grouping receivables by their shared credit risk characteristics and days overdue. The Company has concluded that the expected loss rates for trade receivables are a reasonable approximation of the loss rates for these assets. Expected loss rates are based on sales payment profiles and historical credit losses within this period. Historical loss rates are adjusted to reflect current expectations and information regarding macroeconomic factors that affect the ability of customers to meet their commitments. Impairment losses from receivables and contract assets are shown as net impairment losses in the line “Impairment of financial assets and reversal of impairment losses,” see Note 21.7. Any subsequent recoveries of financial assets previously charged off are credited to the same line.
Financial liabilities	3.7 Financial liabilities Management accounts for its financial liabilities at amortized cost. Upon initial recognition, the Company measures its financial liabilities by their fair value less the transaction costs that are directly attributable to the acquisition of the financial liability. The Company subsequently measures its financial liabilities at amortized cost. Financial liabilities measured at amortized cost are commercial accounts payable and other accounts payable and other financial liabilities. Amortized cost is based using the effective interest rate method. Amortized cost is calculated by considering any premium or discount on the acquisition and includes transaction costs that are an integral part of the effective interest rate.
Estimated fair value of financial instruments	3.8 Estimated fair value of financial instruments The fair value of financial assets and liabilities is estimated using the following information. Although the data represent Management's best estimates, it is subjective and involves significant estimates regarding current economic conditions, market conditions and risk characteristics. Methodologies and assumptions used depend on the risk terms and characteristics of instruments and include the following as a summary: Fair value estimation Financial assets and liabilities measured at fair value consist of forwards hedging the mismatch in the balance sheet and cash flows, options hedging the mismatch in the balance sheet and cross currency swaps to hedge bonds issued in local currency (Peso/UF). The fair value of the Company’s assets and liabilities recognized by cross currency swaps contracts is calculated as the difference between the present value of discounted cash flows of the asset (Peso/UF) and liability (Dollar) parts of the derivative. In the case of the IRS, the asset value recognized is calculated as the difference between the discounted cash flows of the asset (variable rate) and liability (fixed rate) parts of the derivative. Forwards are calculated as the difference between the strike price of the contract and the spot price plus the forwards points at the date of the contract. Financial options: the value recognized is calculated using the Black-Scholes method. In the case of CCS, the entry data used for the valuation models are UF, Peso, Dollar and basis swap rates. In the case of fair value calculations for interest rate swaps, the Forward Rate Agreement rate and ICVS 23 Curve (Bloomberg: cash/deposits rates, futures, swaps). In the case of forwards, the forwards curve for the currency in question is used. Finally, for options, the spot price, risk-free rate and volatility of exchange rate are used, all in accordance with the currencies used in each valuation. The financial information used as entry data for the Company’s valuation models is obtained from Bloomberg, the well-known financial software company. Conversely, the fair value provided by the counterparties of derivatives contracts is used only as a control and not for valuation purposes. Fair value estimates for disclosure purposes • Cash equivalent approximates fair value due to the short-term maturities of these instruments. • Fair value of current trade receivables is considered to be equal to the carrying amount due to the maturity of such accounts at short-term. • Payables, current lease liabilities and other current financial liabilities’s fair value equal to book value due to the short-term maturity of these accounts. • The fair value of the debt (long-term secured and unsecured debentures; bonds denominated in local currency (Peso/UF) and foreign currency (Dollar), borrowings denominated in foreign currency (Dollar) of the Company are calculated at current value of cash flows subtracted from market rates upon valuation, considering the terms of maturity and exchange rates. The UF and Peso rate curves are used as inputs for the valuation model. This information is obtained through from the renowned financial software company, Bloomberg, and the Chilean Association of Banks and Financial Institutions.
Reclassification of financial instruments	3.9 Reclassification of financial instruments When the Company changes its business model for managing financial assets, it will reclassify all its financial assets affected by the new business model. Financial liabilities cannot be reclassified.
Financial instruments derecognition	3.10 Financial instruments derecognition The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred; and the control of the financial assets has not been retained. The Company derecognizes a financial liability when its contractual obligations or a part of these are discharged, paid to the creditor or legally extinguished from the principle responsibility contained in the liability.
Derivative and hedging financial instruments	3.11 Derivative and hedging financial instruments Derivative financial instruments are recognized initially at fair value as of the date on which the derivatives contract is signed and, they are subsequently assessed at fair value. The method for recognizing the resulting gain or loss depends on whether the derivative has been designated as an accounting hedge instrument and, if so, it depends on the type of hedging, which may be as follows: a) Fair value hedge of assets and liabilities recognized (fair value hedges). b) Hedging of a single risk associated with a recognized asset or liability or a highly probable forecast transaction (cash flow hedge). At the beginning of the transaction, the Company documents the relationship that exists between hedging instruments and hedged items, as well as their objectives for risk management purposes and strategy to conduct the different hedging operations. The Company also documents its evaluation both at the beginning and at the end of each period if the derivatives used in hedging transactions are highly effective to offset changes in the fair value or in cash flows of hedged items. The fair value of derivative instruments used for hedging purposes is shown in Note 12.3. Derivatives that are not designated or do not qualify as hedging derivatives are classified as current assets or liabilities, and changes in the fair value are directly recognized through income. a) Fair value hedge Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recorded in the statement of income, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. The gain or loss relating to the effective portion of interest rate swaps that hedge fixed rate borrowings is recognized in the statement of income within finance costs, together with changes in the fair value of the hedged fixed rate borrowings attributable to interest rate risk. The gain or loss relating to the ineffective portion is recognized in income within other income or other expenses captions. If the hedge no longer meets the criteria for hedge accounting, the adjustment to the carrying amount of a hedged item for which the effective interest method is used is amortized to income over the period to maturity using a recalculated effective interest rate. b) Cash flow hedges The effective portion of the gain or loss on the hedging instrument is initially recognized with a debit or credit to other comprehensive income, while any ineffective portion is immediately recognized to income, as appropriate, depending on the nature of the hedged risk. The amounts accumulated in other comprehensive income are carried over to results when the hedged items are settled or when these have an impact on income. When a hedging instrument no longer meets the criteria for hedge accounting, any cumulative deferred gain or loss and deferred costs of hedging in equity at that time remains in equity until the forecast transaction occurs.
Derivative financial instruments not considered as hedges	3.12 Derivative financial instruments not considered as hedges Derivative financial instruments not considered as hedges are recognized at fair value with the effect in the statement of income for the year. The Company has derivative financial instruments to hedge foreign currency risk exposure. The Company continually evaluates the existence of embedded derivatives in both its contracts and in its financial instruments. As of December 31, 2023, and 2022, the Company does not have any embedded derivatives.
Deferred acquisition cost from insurance contracts	3.13 Deferred acquisition cost from insurance contracts Acquisition costs from insurance contracts are classified as prepayments and correspond to insurance contracts in force, recognized using the straight-line method and on an accrual basis independent of payment date. These are recognized under other non-financial assets current.
Leases	3.14 Leases (a) Right-of-use assets The Company recognizes right-of-use assets on the initial lease date (i.e., the date on which the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, adjusted by any new measurement of the lease liability. The cost of right-of-use assets includes the amount of recognized lease liabilities, direct initial costs incurred and lease payments made on the start date or sooner, less the lease incentives received. Unless the Company is reasonably sure it will take ownership of the leased asset at the end of the lease period, the assets recognized through right-of-use are depreciated in a straight line during the shortest period of their estimated useful life and lease period. Right-of-use assets are subject to impairment. (b) Lease liabilities On the lease start date, the Company recognizes lease liabilities measured at present value of lease payments that will be made during the lease period. Lease payments include fixed payments (including payments that are essentially fixed), less incentives for lease receivables, variable lease payments that are dependent on an index or rate and amounts that are expected to be paid as guaranteed residual value. Lease payments also include the exercise price of a purchase option if the Company is reasonably sure it will exercise this and penalty payments for terminating a lease, if the lease period reflects that the Company will exercise the option to terminate. Variable lease payments that are not dependent on an index or rate are recognized as expenses in the period that produces the event or condition that triggers payment. When calculating the present value of lease payments, the Company uses the incremental borrowing rate on the initial lease date if the interest rate implicit in the lease cannot be determined easily. After the start date, the lease liability balance will increase to reflect the accumulation of interest and will diminish as lease payments are made. Furthermore, the book value of lease liabilities is remeasured in the event of an amendment, a change in the lease period, a change in the fixed lease payments in substance or a change in the assessment to buy the underlying asset. Payments made that affect lease liabilities are presented as part of the financing activities in the cash flow statement. (c) Short-term leases and low-value asset leases The Company applies the short-term lease recognition exemption to leases with a lease term of 12 months or less starting on the start date and that don’t have a purchase option. It also applies the low-value asset lease recognition exemptions to leases less than the limit specified in the respective accounting standard. Lease payments in short-term leases and low-value asset leases are recognized as lineal expenses during the lease term. (d) Significant judgments in the determination of the lease term for contracts with renewal options. The Company determines the lease term as the non-cancellable period of the lease, together with periods covered by an option to extend the lease if it is reasonably certain that this will be exercised, or any period covered by an option to terminate the lease, if it is reasonably certain that this will not be exercised. The Company has the option, under some of its leases, to lease assets for additional terms. The Company applies its judgment when assessing whether it is reasonably certain that it will exercise the option to renovate. In other words, it considers all the relevant factors that create an economic incentive for it to exercise the option to renovate. After the start date, the Company reevaluates the lease term if there is a significant event or change in the circumstances that are under its control and affect its capacity to exercise (or not exercise) the option to renovate.
Inventory measurement	3.15 Inventory measurement The method used to determine the cost of inventories is the weighted average monthly cost of warehouse storage. In determining production costs for own products, the company includes the costs of labor, raw materials, materials and supplies used in production, depreciation and maintenance of the goods that participate in the production process, the costs of product movement necessary to maintain stock on location and in the condition in which they are found, and also includes the indirect costs of each task such as laboratories, process and planning areas, and personnel expenses related to production, among others. For finished and in-process products, the company has three types of provisions, which are reviewed quarterly: (a) Provision associated with the lower value of stock: The provision is directly identified with the product that generates it and involves three types: (i) provision of lower realizable value, which corresponds to the difference between the inventory cost of intermediary or finished products, and the sale price minus the necessary costs to bring them to the same conditions and location as the product with which they are compared; (ii) provision for future uncertain use that corresponds to the value of those products in process that are likely not going to be used in sales based on the company’s long-term plans; (iii) reprocessing costs of products that are unfeasible for sale due to current specifications. (b) Provision associated with physical differences in inventory: A provision is made for differences that exceed the tolerance considered in the respective inventory process (physical and annual inventories are taken for the productive units in Chile and the port of Tocopilla; the business subsidiaries depend on the last zero ground obtained, but in general it is at least once a year), these differences are recognized immediately. (c) Potential errors in the determination of stock: The company has an algorithm (reviewed at least once a year) that corresponds to diverse percentages assigned to each inventory based on the product, location, complexity involved in the associated measurement, rotation and control mechanisms. Inventories of raw materials, materials and supplies for production are recorded at acquisition cost. Cyclical inventories are performed in warehouses, as well as general inventories every three years. Differences are recognized at the moment they are detected. The company has a provision based on quarterly calculations from percentages associated with each type of material (classification by warehouse and rotation), these percentages use the lower value resulting from deterioration or obsolescence as well as potential losses. This provision is reviewed at least annually, and considers the historical results obtained in the inventory processes.
Non-controlling interests	3.16 Non-controlling interests Non-controlling interests are recorded in the consolidated statement of financial position within equity but separate from equity attributable to the owners of the Parent.
Related party transactions	3.17 Related party transactions Transactions between the Company and its subsidiaries are part of the Company’s normal operations within its scope of business activities. Conditions for such transactions are those normally effective for those types of operations with regard to terms and market prices. The maturity conditions vary according to the originating transaction.
Property, plant and equipment	3.18 Property, plant and equipment Property, plant and equipment are stated at acquisition cost, net of the related accumulated depreciation, amortization and impairment losses that they might have experienced. In addition to the price paid for the acquisition of tangible property, plant and equipment, the Company has considered the following concepts as part of the acquisition cost, as applicable: (a) Accrued interest expenses during the construction period that are directly attributable to the acquisition, construction or production of qualifying assets, which are those that require a substantial period prior to being ready for use. The interest rate used is that related to the project’s specific financing or, should this not exist, the average financing rate of the investor company. Financing costs are not capitalized for periods that exceed the normal term of acquisition, construction or installation of an asset, such as delays, interruptions or temporary suspension of the project due to technical, financial or other problems that prevent the asset from reaching a usable condition. (b) The future costs that the Company will have to experience, related to the closure of its facilities at the end of their useful life, are included at the present value of disbursements expected to be required to settle the and its subsequent variation is recorded directly in results. Having initially recognized provisions for closure and refurbishment, the corresponding cost is capitalized as an asset in “Property, plant and equipment” and amortized in line with the amortization criteria for the associated assets. Construction-in-progress is transferred to property, plant and equipment in operation once the assets are available for use and the related depreciation and amortization begins on that date. Extension, modernization or improvement costs that represent an increase in productivity, ability or efficiency or an extension of the useful lives of property, plant and equipment are capitalized as a higher cost of the related assets. All the remaining maintenance, preservation and repair expenses are charged to expense as they are incurred. The replacement of assets, which increase the asset’s useful life or its economic capacity, are recorded as a higher value of property, plant and equipment with the related derecognition of replaced or renewed elements. Gains or losses which are generated from the sale or disposal of property, plant and equipment are recognized as income (loss) and calculated as the difference between the asset’s sales value and its net carrying value. The cost of interest is recognized by applying an average or average weighted interest rate for all financing costs incurred by the Company to the final monthly balances for works underway and complies with the requirements of the required standard.
Depreciation of property, plant and equipment	3.19 Depreciation of property, plant and equipment Property, plant and equipment are depreciated through the straight-line distribution of cost over the estimated technical useful life of the asset, which is the period in which the Company expects to use the asset. When components of one item of property, plant and equipment have different useful lives, they are recorded as separate assets and depreciated over their expected useful lives. Useful lives are reviewed on an annual basis. Fixed assets located in the Salar de Atacama consider useful life to be the lesser value between the technical useful life and the years remaining until 2030. In the case of certain mobile equipment, depreciation is performed depending on the hours of operation.
Goodwill	3.20 Goodwill Goodwill acquired represents the excess in acquisition cost on the fair value of the Company’s ownership of the net identifiable assets of the subsidiary on the acquisition date. Goodwill acquired related to the acquisition of subsidiaries is included in the line item goodwill, which is subject to impairment tests annually or more frequently if events or changes in circumstances indicate that it might be impaired and is stated at cost less accumulated impairment losses. Gains and losses related to the sale of an entity include the carrying value of goodwill related to the entity sold. This intangible asset is assigned to cash-generating units with the purpose of testing impairment losses. It is allocated based on cash-generating units expected to obtain benefits from the business combination from which the aforementioned goodwill acquired arose.
Intangible assets other than goodwill	3.21 Intangible assets other than goodwill Intangible assets other than goodwill mainly relate to water rights, costs for rights of way for electricity lines, software and licensing costs, the development of computer software and mining property and concession rights. (a) Water rights Water rights acquired by the Company relate to water from natural sources and are recorded at acquisition cost. The Company separates water rights into: i) Finite rights with amortization using the straight-line method, and ii) Indefinite rights, which are not amortized, given that these assets represent rights granted in perpetuity to the Company and subject to an annual impairment assessment. (b) Rights of way for electric lines As required for the operation of industrial plants, the Company has paid rights of way in order to install wires for the different electric lines on third party land. (c) Computer software Licenses for IT programs acquired are capitalized based on their acquisition and customization costs. These costs are amortized over their estimated useful lives. The useful lives of IT programs are defined by their contracts or rights. Expenses related to the development or maintenance of IT programs are recognized as an expense as and when incurred. Costs directly related to the production of unique and identifiable IT programs controlled by the Group, and which will probably generate economic benefits that are higher than its costs during more than a year, are recognized as intangible assets. Direct costs include the expenses of employees who develop information technology software and general expenses in accordance with corporate charges received. The costs of development for IT programs are recognized as assets are amortized over their estimated useful lives. (d) Mining property and concession rights The Company holds mining property and concession rights from the Chilean and Western Australian Governments. Property rights from the State of Chile are usually obtained at no initial cost (other than the payment of mining patents and minor recording expenses) and once the rights on these concessions have been obtained, they are retained by the Company while annual patents are paid. Such patents, which are paid annually, are recorded as prepaid assets and amortized over the following twelve months. Amounts attributable to mining concessions acquired from third parties that are not from the Chilean Government are recorded at acquisition cost within intangible assets. The finite useful life of mining properties is calculated using the productive unit method, except for the mining properties owned by Corfo, which have been leased to the Company and grant it the right to exclusively exploit them until December 31, 2030.
Research and development expenses	3.22 Research and development expenses Research and development expenses are charged to the statement of income in the period in which the expenditure was incurred.
Exploration and evaluation expenses	3.23 Exploration and evaluation expenses The Company holds mining concessions for exploration and exploitation of ore, the Company gives the following treatment to the associated expenses: Once the rights have been obtained, the Company records the disbursements directly associated with the exploration and evaluation of the deposit in execution as property, plant and equipment (construction in progress) at its cost. These disbursements include the following items: geological surveys, drilling, borehole extraction and sampling, activities related to the technical assessment and commercial viability of the extraction, and in general, any disbursement directly related to specific projects where the objective is to find ore resources. If the technical studies determine that the ore grade is not economically viable, the asset is directly charged to the statement of income. If determined otherwise, the asset described above is associated with the extractable ore tonnage which is amortized as it is used. (a) Limestone and metallic exploration These assets are included in Other non-current non-financial assets, and the portion related to the area to be exploited in the year is reclassified to Current inventories, if applicable. Costs related to metal exploration are charged to income in the period in which they are recognized if the project assessed doesn’t qualify as advanced exploration otherwise, these are amortized during the development stage. (b) Exploration and evaluation at the Mt. Holland Project Exploration and evaluation costs incurred prior to the commencement of mining are presented in Construction in progress, until mining had commenced, subsequently these are reclassified to Mining assets as part of its property, plant and equipment.
Impairment of non-financial assets	3.24 Impairment of non-financial assets Assets subject to depreciation and amortization are also subject to impairment testing, provided that an event or change in the circumstances indicates that the amounts in the accounting records may not be recoverable, an impairment loss is recognized for the excess of the book value of the asset over its recoverable amount. For assets other than goodwill, the Group annually assesses whether there is any indication that a previously recognized impairment loss may no longer exist or may have decreased. Should such indications exist, the recoverable amount is estimated. The recoverable amount of an asset is the higher between the fair value of an asset or cash generating unit less costs of sales and its value in use, and is determined for an individual asset unless the asset does not generate any cash inflows that are clearly independent from other assets or groups of assets. In evaluating value in use, estimated future cash flows are discounted using a pre-tax discount rate that reflects current market assessment, the value of money over time and the specific asset risks. Impairment losses from continuing operations are recognized with a debit to the statement of income in the categories of expenses associated with the impaired asset function. For assets other than goodwill, a previously recognized impairment loss is only reversed if there have been changes in the estimates used to determine the asset’s recoverable amount since the last time an impairment loss was recognized. If this is the case, the carrying value of the asset is increased to its recoverable amount. This increased amount cannot exceed the carrying value that would have been determined, net of depreciation, if an asset impairment loss had not been recognized in prior years. This reversal is recognized with a credit to the statement of income. Assets with indefinite lives are assessed for impairment annually.
Minimum dividend	3.25 Minimum dividend As required by Chilean law and regulations, our dividend policy is decided upon from time to time by our Board of Directors and is announced at the Annual Ordinary Shareholders’ Meeting, which is generally held in April of each year. Shareholder approval of the dividend policy is not required. However, each year the Board must submit the declaration of the final dividend or dividends in respect of the preceding year, consistent with the then-established dividend policy, to the Annual Ordinary Shareholders’ Meeting for approval. As required by the Chilean Companies Act, unless otherwise decided by unanimous vote of the holders of issued shares, we must distribute a cash dividend in an amount equal to at least 30% of our consolidated net income for that year unless and to the extent the Company has a deficit in retained earnings. (See Note 19.5).
Earnings per share	3.26 Earnings per share The basic earnings per share amounts are calculated by dividing the net income for the year attributable to the ordinary owners of the parent by the weighted average number of ordinary shares outstanding during the year. For the year ended December 31 Earnings per Share 2023 2022 2021 Net income attributable to the owners of the parent (ThUS$) 923,191,000 3,906,311,000 585,454,000 Weighted average number of shares 285,638,456 285,638,456 278,157,812 Basic earnings per share (US$) 3.2320 13.6757 2.1048 Net income attributable to the owners of the parent (ThUS$) 923,191,000 3,906,311,000 585,454,000 Weighted average number of shares 285,638,456 285,638,456 278,157,812 Diluted earnings per share (US$) 3.2320 13.6757 2.1048 Series A common shares 142,819,552 142,819,552 142,819,552 Series B common shares 142,818,904 142,818,904 135,338,260 Total weighted average number of shares 285,638,456 285,638,456 278,157,812 The Company has no instruments that could potentially dilute earnings per share for the three years ended December 31, 2023.
Other provisions	3.27 Other provisions Provisions are recognized when: • The Company has a present, legal or constructive obligation as the result of a past event. • It is more likely than not that certain resources must be used, to settle the obligation. • A reliable estimate can be made of the amount of the obligation. In the event that the provision or a portion of it is reimbursed, the reimbursement is recognized as a separate asset solely if there is certainty of income. In the consolidated statement of income, the expense for any provision is presented net of any reimbursement. Should the effect of the value of money over time be significant, provisions are discounted using a discount rate before tax that reflects the liability’s specific risks. When a discount rate is used, the increase in the provision over time is recognized as a finance cost. The Company’s policy is to maintain provisions to cover risks and expenses based on a better estimate to deal with possible or certain and quantifiable responsibilities from current litigation, compensations or obligations, pending expenses for which the amount has not yet been determined, collaterals and other similar guarantees for which the Company is responsible. These are recorded at the time the responsibility or the obligation that determines the compensation or payment is generated.
Obligations related to employee termination benefits and pension commitments	3.28 Obligations related to employee termination benefits and pension commitments Obligations towards the Company’s employees comply with the provisions of the collective bargaining agreements in force, which are formalized through collective employment agreements and individual employment. These obligations are valued using actuarial calculations, according to the projected unit credit method which considers such assumptions as the mortality rate, employee turnover, interest rates, retirement dates, effects related to increases in employees’ salaries, as well as the effects on variations in services derived from variations in the inflation rate. Actuarial gains and losses that may be generated by variations in defined, pre-established obligations are directly recorded in “Other comprehensive income”. Actuarial losses and gains have their origin in deviations between the estimate and the actual behavior of actuarial assumptions or in the reformulation of established actuarial assumptions. The above is applicable except in the United States, where our subsidiary SQM North America has established pension plans for its retired employees that are calculated by measuring the projected obligation using a net salary progressive rate net of adjustments for inflation, mortality and turnover assumptions, deducting the resulting amounts at present value. The net balance of this obligation is presented under the “Non-current provisions for employee benefits” (refer to Note 17.4).
Compensation plans	3.29 Compensation plans Compensation plans implemented through benefits provided in share-based payments settled in cash are recognized in the financial statements at their fair value, in accordance with IFRS 2. Changes in the fair value of options granted are recognized with a charge to payroll in the statement of income (see Note 17.6).
Revenue recognition	3.30 Revenue recognition Revenue is an amount that reflects the consideration that the Company expects to earn in exchange for the sale of goods and services in the regular course of business. Revenue is presented net of value added tax, estimated returns, rebates and discounts and after the elimination of sales among subsidiaries. Revenues are recognized when the specific conditions for each income stream are met, as follows: (a) Sale of goods The sale of goods is recognized when the Company has delivered products to the customer, and there is no obligation pending compliance that could affect the acceptance of products by the customer. The delivery does not occur until products have been shipped to the customer or confirmed as received by the customer, and the related risks of obsolescence and loss have been transferred to the customer and the customer has accepted the products in accordance with the conditions established in the sale, when the acceptance period has ended, or when there is objective evidence that those criteria required for acceptance have been met. Sales are recognized in consideration of the price set in the sales agreement, net of volume discounts and estimated returns at the date of the sale. Volume discounts are evaluated in consideration of annual foreseen purchases and in accordance with the criteria defined in agreements. (b) Sale of services Revenue associated with the rendering of services is recognized considering the degree of completion of the service as of the date of presentation of the consolidated classified statement of financial position, provided that the result from the transaction can be estimated reliably. (c) Income from dividends Income from dividends is recognized when the right to receive the payment is established.
Finance income and finance costs	3.31 Finance income and finance costs Finance income is mainly composed of interest income from financial instruments such as term deposits and mutual fund deposits. Interest income is recognized in the statement of income at amortized cost, using the effective interest rate method. Finance costs are mainly composed of interest on bank borrowing expenses, interest on bonds issued and interest capitalized for borrowing costs for the acquisition, construction or production or qualifying assets. Borrowing costs and bonds issued are also recognized in the statement of income using the effective interest rate method.
Current income tax and deferred	3.32 Current income tax and deferred Corporate income tax for the year is determined as the sum of current and deferred income taxes from the different consolidated companies. Current taxes are based on the application of the various types of taxes attributable to taxable income for the period. The Company periodically assesses the positions taken in the determination of taxes with respect to situations in which the applicable tax regulation is subject to interpretation and considers whether it is probable that a tax authority will accept an uncertain tax treatment. A provision is created if it is probable that a payment will be required to a taxation authority. The Company measures its tax balances based on the most likely amount or expected value, depending on which method provides a better prediction of the resolution of uncertainty. Differences between the book value of assets and liabilities and their tax basis generate the balance of deferred tax assets or liabilities, which are calculated using the tax rates expected to be applicable when the assets and liabilities are realized. In conformity with current tax regulations, the provision for corporate income tax and taxes on mining activity is recognized on an accrual basis, presenting the net balances of accumulated monthly tax provisional payments for the fiscal period and associated credits. The balances of these accounts are presented in current income taxes recoverable or current taxes payable, as applicable. Current taxes and changes in deferred tax assets and liabilities that do not arise from business combinations are recognized in the statement of net income or in equity in the consolidated statement of financial position, depending on where the gains or losses that caused them were recognized. Deferred tax assets and liabilities are offset when a legally enforceable right exists to offset tax assets with tax liabilities and the deferred tax is levied by the same tax authority on the same entity. The recognized deferred tax liabilities refer to the amount of income tax to pay in a future period, related to taxable temporary differences. Company does not recognize deferred tax liabilities for taxable temporary differences associated with investments in subsidiaries, branches and associates, or with interests in joint ventures, because in accordance with the standard, the following two conditions are jointly met: i. the parent company, investor or participant is able to control the timing of the reversal of the temporary difference; and ii. it is probable that the temporary difference will not be reversed in the foreseeable future. Recognized deferred tax assets are income taxes recoverable in future periods, related to: a) deductible temporary differences; b) compensation for losses obtained in prior periods, which have not yet been subject to tax deduction; and c) compensation for unused credits from prior periods. The Company recognizes deferred tax assets when it has the certainty that they can be offset with tax income from subsequent periods, unused tax losses or credits to date, but only when this availability of future tax income is probable and can be used for offsetting these unused tax losses or credits. Moreover, the Company does not recognize deferred tax assets for all the deductible temporary differences that originate from investments in subsidiaries, branches and associates, or from joint ventures, because it is unlikely that they meet the following requirements: (i) temporary differences are reversed in the foreseeable future; and (ii) there is taxable profit available against which temporary differences can be used.
Operating segment reporting	3.33 Operating segment reporting IFRS 8 requires that companies adopt a management approach to disclose information on the operations generated by its operating segments. In general, this is the information that management uses internally for the evaluation of segment performance and making the decision on how to allocate resources for this purpose. An operating segment is a group of assets and operations responsible for providing products or services subject to risks and performance that are different from those of other business segments. A geographical segment is responsible for providing products or services in a given economic environment subject to risks and performance that are different from those of other segments operating in other economic environments. Allocation of assets and liabilities, to each segment is not possible given that these are associated with more than one segment, except for depreciation, amortization and impairment of assets, which are directly allocated in accordance with the criteria established in the costing process for product inventories to the corresponding segments.
Primary accounting criteria, estimates and assumptions	3.34 Primary accounting criteria, estimates and assumptions Management is responsible for the information contained in these consolidated annual accounts, which expressly indicate that all the principles and criteria included in IFRS, as issued by the IASB, have been applied in full. In preparing the consolidated financial statements of the Company and its subsidiaries, management has made significant judgments and estimates to quantify certain assets, liabilities, revenues, expenses and commitments included therein. Basically, these estimates refer to: • Estimated useful lives are determined based on current facts and past experience and take into consideration the expected physical life of the asset, the potential for technological obsolescence, and regulations. (See Notes 3.21, 14 and 15). • Impairment losses of certain assets - Goodwill and intangible assets that have an indefinite useful life are not amortized and are assessed for impairment on an annual basis, or more frequently if the events or changes in circumstances indicate that these may have deteriorated Other assets, including property, plant and equipment, exploration assets, goodwill and intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amounts exceed their recoverable amounts. If an impairment assessment is required, the assessment of fair value or value in use often requires estimates and assumptions such as discount rates, exchange rates, commodity prices, future capital requirements and future operating performance. Changes in such estimates could impact the recoverable values of these assets. Estimates are reviewed regularly by management (See Notes 3.21, 14 and 15). • Assumptions used in calculating the actuarial amount of pension-related and severance indemnity payment benefit commitments (See Note 17). • Contingencies – The amount recognized as a provision, including legal, contractual, constructive and other exposures or obligations, is the best estimate of the consideration required to settle the related liability, including any related interest charges, considering the risks and uncertainties surrounding the obligation. In addition, contingencies will only be resolved when one or more future events occur or fail to occur. Therefore, the assessment of contingencies inherently involves the exercise of significant judgment and estimates of the outcome of future events. The Company assesses its liabilities and contingencies based upon the best information available, relevant tax laws and other appropriate requirements (See Note 20). If the Company is unable to rationally estimate the obligation or concluded no loss is probable but it is reasonably possible that a loss may be incurred, no provision is recorded but disclosed in the notes to the consolidated financial statements. • Volume determination for certain in-process and finished products is based on topographical measurements and technical studies that cover the different variables (density for bulk inventories and density and porosity for the remaining stock, among others), and related allowance. • Estimates for obsolescence provisions to ensure that the carrying value of inventory is not in excess of the net realizable inventory valuation. (See Note 10). Even though these estimates have been made on the basis of the best information available on the date of preparation of these consolidated financial statements, certain events may occur in the future and oblige their amendment (upwards or downwards) over the next few years, which would be made prospectively.
Government grants	3.35 Government grants The Company recognizes an unconditional government grant in the income statement as part of other income when the associated cash flows are received.

Identification and activities_2

Identification and activities of the Company and Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2023
Identification And Activities Of The Company And Subsidiaries
Schedule of information about employees	As of December 31, 2023, and 2022, the workforce was as follows: As of December 31, 2023 As of December 31, 2022 Employees SQM S.A. Other Total SQM S.A. Other Total Executives 33 137 170 32 128 160 Professionals 190 2,663 2,853 177 2,506 2,683 Technicians and operators 364 4,295 4,659 309 3,845 4,154 Total 587 7,095 7,682 518 6,479 6,997 As of December 31, 2023 As of December 31, 2022 Place of work SQM S.A. Other Total SQM S.A. Other Total In Chile 587 6,447 7,034 518 6,015 6,533 Outside Chile — 648 648 — 464 464 Total 587 7,095 7,682 518 6,479 6,997
Schedule of shareholders stock and ownership percentage	The following information is derived from our registry and reports managed by the DCV and informed to the CMF and the Chilean Stock Exchange: Shareholders as of December 31, 2023 No. of Series A % of Series A No. of Series B % of Series B % of total Inversiones TLC SpA 62,556,568 43.80 % — — 21.90 % The Bank of New York Mellon, ADRs — — 46,174,681 32.33 % 16.17 % Sociedad de Inversiones Pampa Calichera S.A. 42,640,389 29.86 % 1,611,227 1.13 % 15.49 % Potasios de Chile S.A. 18,179,147 12.73 % — — 6.36 % Banco de Chile on behalf of State Street — — 11,744,230 8.22 % 4.11 % AFP Habitat S.A. 603,789 0.42 % 9,991,619 7.00 % 3.71 % Global Mining Spa 8,798,539 6.16 % — — 3.08 % Banco Santander on behalf of foreign investors — — 8,499,930 5.95 % 2.98 % AFP Provida S.A. — — 8,299,626 5.81 % 2.91 % AFP Cuprum S.A. — — 7,979,983 5.59 % 2.79 % AFP Capital S.A. — — 7,525,912 5.27 % 2.63 % Banco De Chile on behalf of Citi NA New York. 67,463 0.05 % 6,399,986 4.44 % 2.24 % Shareholders as of December 31, 2022 No. of Series A % of Series A No. of Series B % of Series B % of total The Bank of New York Mellon, ADRs — — 64,555,045 45.20% 22.60 % Inversiones TLC Spa (1) 62,556,568 43.80 % — — 21.90 % Sociedad de Inversiones Pampa Calichera S.A. (2) 43,133,789 30.20 % 1,611,227 1.13 % 15.66 % Potasios De Chile S.A. 18,179,147 12.73 % — — 6.36 % Banco de Chile via State Street 79,265 0.06 % 10,979,388 7.69 % 3.87 % AFP Habitat S.A. — — 9,504,885 6.66 % 3.33 % Inv. Global Mining Chile Ltda. 8,798,539 6.16 % — — 3.08 % Banco Santander via foreign investor accounts 545,729 0.38 % 8,181,775 5.73 % 3.06 % AFP Cuprum S.A. — — 6,535,039 4.58 % 2.29 % Banco de Chile non-resident third party accounts 62,829 0.04 % 6,181,476 4.33 % 2.19 % AFP Capital S.A. — — 5,652,982 3.96 % 1.98 % AFP Provida S.A. — — 5,263,361 3.69 % 1.84 % ________________________________________________ (1) As reported by DCV, which records the Company’s shareholders’ register as of December 31, 2023 and 2022 Inversiones TLC SpA, a subsidiary wholly owned by Tianqi Lithium Corporation, is the direct owner of 62,556,568 Series A shares of the Company equivalent to 21.90% of SQM’s shares. In addition, as reported by Tianqi Lithium Corporation, it owns 748,490 Series B shares as reported by Inversiones TLC SpA. Accordingly, as of December 31, 2023, and 2022, Tianqi Lithium Corporation owns 22.16% of SQM's shares through Series A shares and ADS of Series B shares. (2) As of December 31, 2023, and 2022, Sociedad de Inversiones Pampa Calichera S.A. owned 46,600,458 Series A and B shares; 2,348,842 Series A shares held in custody by stockbrokers.

Basis of presentation for the_2

Basis of presentation for the consolidated financial statements (Tables)	12 Months Ended
	Dec. 31, 2023
Basis Of Presentation For The Consolidated Financial Statements [Abstract]
Schedule of detailed information about subsidiaries	The following tables detail general information as of December 31, 2023 and 2022 on the companies in which the group exercises control: Country of Functional Ownership Interest Subsidiaries TAX ID No. Address Incorporation Currency Direct Indirect Total SQM Nitratos S.A. 96.592.190-7 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 SQM Potasio S.A. 96.651.060-9 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 Serv. Integrales de Tránsito y Transf. S.A. 79.770.780-5 Arturo Prat 1060, Tocopilla Chile Dollar 0.0003 99.9997 100.0000 Isapre Norte Grande Ltda. 79.906.120-1 Aníbal Pinto 3228, Antofagasta Chile Peso 1.0000 99.0000 100.0000 Ajay SQM Chile S.A. 96.592.180-K Av. Pdte. Eduardo Frei 4900, Santiago Chile Dollar 51.000 - 51.000 Almacenes y Depósitos Ltda. 79.876.080-7 El Trovador 4285, Las Condes Chile Peso 1.0000 99.0000 100.0000 SQM Salar S.A. 79.626.800-K El Trovador 4285, Las Condes Chile Dollar 18.1800 81.8200 100.0000 SQM Industrial S.A. 79.947.100-0 El Trovador 4285, Las Condes Chile Dollar 99.0470 0.9530 100.0000 Exploraciones Mineras S.A. 76.425.380-9 El Trovador 4285, Las Condes Chile Dollar 0.2691 99.7309 100.0000 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. 76.534.490-5 Aníbal Pinto 3228, Antofagasta Chile Peso - 100.0000 100.0000 Soquimich Comercial S.A. 79.768.170-9 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Agrorama Ltda. (1) 76.064.419-6 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Hydro S.A. 96.801.610-5 El Trovador 4285, Las Condes Chile Dollar - 100.0000 100.0000 Agrorama S.A. 76.145.229-0 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Orcoma Estudios SPA 76.359.919-1 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 Orcoma SPA 76.360.575-2 Los Militares 4290, Las Condes Chile Dollar 100.0000 - 100.0000 SQM MaG SpA 76.686.311-9 Los Militares 4290, Las Condes Chile Dollar - 100.0000 100.0000 Sociedad Contractual Minera Búfalo 77.114.779-8 Los Militares 4290, Las Condes Chile Dollar 99.9000 0.1000 100.0000 SQM North America Corp. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar 40.0000 60.0000 100.0000 RS Agro Chemical Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 98.3333 1.6667 100.0000 Nitratos Naturais do Chile Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar - 100.0000 100.0000 SQM Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 0.0002 99.9998 100.0000 SQM Ecuador S.A. Foreign Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 Ecuador Dollar 0.00401 99.9960 100.0000 SQM Brasil Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar 0.5300 99.4700 100.0000 SQMC Holding Corporation. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta United States of America Dollar 0.1000 99.9000 100.0000 SQM Japan Co. Ltd. Foreign From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokio Japan Dollar 0.1597 99.8403 100.0000 Country of Functional Ownership Interest Subsidiaries TAX ID No. Address Direct Indirect Total SQM Europe N.V. (3) Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM International N.V. (3) Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar - - - SQM Indonesia S.A. Foreign Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede Indonesia Dollar - 80.0000 80.0000 North American Trading Company (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - SQM Virginia LLC (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - SQM Comercial de México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol. CP 45050, Zapopan, Jalisco México México Dollar 0.0100 99.9900 100.0000 SQM Investment Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 1.0000 99.0000 100.0000 Royal Seed Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 1.6700 98.3300 100.0000 SQM Lithium Specialties Limited Partnership (4) Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - - - Comercial Caimán Internacional S.A. (2) Foreign Edificio Plaza Bancomer Panamá Dollar - - - SQM France S.A. Foreign ZAC des Pommiers 27930 Fauville France Dollar - 100.0000 100.0000 Administración y Servicios Santiago S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México México Dollar - 100.0000 100.0000 SQM Nitratos México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México México Dollar - 100.0000 100.0000 Soquimich European Holding B.V. Foreign Luna Arena, Herikerbergweg 238 1101 CM Amsterdan Holland Dollar - 100.0000 100.0000 SQM Iberian S.A. Foreign Provenza 251 Principal 1a CP 08008, Barcelona Spain Dollar - 100.0000 100.0000 SQM África Pty Ltd. Foreign Tramore House, 3 Wterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg South Africa Dollar - 100.0000 100.0000 SQM Oceanía Pty Ltd. Foreign Level 9, 50 Park Street, Sydney NSW 2000, Sydney Australia Dollar - 100.0000 100.0000 SQM Beijing Commercial Co. Ltd. Foreign Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. China Dollar - 100.0000 100.0000 SQM Thailand Limited Foreign Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok Thailand Dollar - 99.9980 99.9980 SQM Colombia SAS Foreign Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. Colombia Dollar - 100.0000 100.0000 SQM Australia Pty Foreign Level 16, 201 Elizabeth Street Sydney Australia Dollar - 100.0000 100.0000 SQM (Shanghai) Chemicals Co. Ltd. Foreign Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai China Dollar - 100.0000 100.0000 SQM Korea LLC Foreign Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea South Korea Dollar - 100.0000 100.0000 SQM Holland B.V. Foreign Herikerbergweg 238, 1101 CM Amsterdam Zuidoost Holland Dollar - 100.0000 100.0000 Soquimich Comercial Brasil Ltda. Foreign Avenida Bento Rocha, N° 821, Vila Alboitt, CEP 83221-565. Paranaguá Brazil Dollar - 100.0000 100.0000 (1) SQM has control over Comercial Agrorama Ltda.´s management (2) Comercial Caiman Internacional S.A. was liquidated at June 30, 2023. As of December 31, 2022, ownership interest over this entity was 100% indirect. (3) On July 1, 2023, SQM Europe N.V. absorbed its affiliate SQM International N.V. As of December 31, 2022, ownership interest over SQM International was 100% indirect. (4) During the fourth quarter, SQM Virginia LLC, North American Trading Company and SQM Lithium Specialties Limited Partnership were

Significant accounting polici_3

Significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies
Schedule of foreign exchange rates used to translate monetary items	The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 4.85 5.28 4.90 5.25 New Peruvian sol 3.70 3.81 3.73 3.83 Japanese yen 140.90 131.32 143.94 134.70 Euro 0.90 0.93 0.92 0.94 Mexican peso 16.92 19.50 17.18 19.60 Australian dollar 1.46 1.47 1.49 1.48 Pound Sterling 0.78 0.83 0.79 0.82 South African rand 18.27 17.01 18.61 17.28 Chilean peso 877.12 855.86 875.06 873.81 Chinese yuan 7.12 6.92 7.15 6.98 Indian rupee 83.21 82.73 83.26 82.52 Thai Baht 34.36 34.64 34.95 34.76 Turkish lira 29.52 18.71 29.09 18.66 Korean Won 1,290.70 1,259.98 1,304.17 1,291.64 Indonesian Rupiah 15,399.00 15,570.00 15,502.63 15,596.90 United Arab Emirates dirham 3.67 3.67 3.67 3.67 Polish Zloty 3.93 4.37 3.97 4.42 UF (*) 41.94 41.02 42.04 40.18 ________________________________________________ (*) US$ per UF
Schedule of other (outflows) inflows of cash from operating activities	Other (outflows) inflows of cash from operating activities is composed as follows: For the year ended December 31, December 31, December 31, Banking expenses (15,603) (3,783) (1,921) Tax credits (3,353) (3,474) (2,403) Government grants 24,387 — — Value added tax (298,076) 120,283 80,503 Cost of bond issuance (18,346) (2,566) (16,570) (310,991) 110,460 59,609
Schedule of useful lives of property, plant and equipment	The useful lives used for the depreciation and amortization of assets included in property, plant and equipment in years are presented below: Classes of property, plant and equipment Minimum life or Maximum life or Life or average rate Mining assets (*) 5 10 8 Energy generating assets 5 16 8 Buildings 4 25 13 Supplies and accessories 4 15 8 Office equipment 5 10 6 Transport equipment 6 20 9 Network and communication equipment 4 12 7 IT equipment 4 11 7 Machinery, plant and equipment 3 24 11 Other fixed assets 3 20 9 (*) Mining equipment includes SQM Australia's exploration assets, which are depreciated on a unit of production basis.
Schedule of useful lives of intangible assets	Minimum and maximum amortization lives or rates of intangible assets: Estimated useful life or amortization rate Minimum Life or Maximum Life or Water rights 2 years Indefinite Rights of way Indefinite Indefinite Corfo Mining properties (1) 7 years 7 years Mining rights Unit-production method Intellectual property 9 years 9 years IT programs 3 years 9 years ________________________________________________ (1) Mining properties owned by Corfo and leased to the Company, which grant it the exclusive right to exploit them until December 31, 2030.
Earnings per share	The basic earnings per share amounts are calculated by dividing the net income for the year attributable to the ordinary owners of the parent by the weighted average number of ordinary shares outstanding during the year. For the year ended December 31 Earnings per Share 2023 2022 2021 Net income attributable to the owners of the parent (ThUS$) 923,191,000 3,906,311,000 585,454,000 Weighted average number of shares 285,638,456 285,638,456 278,157,812 Basic earnings per share (US$) 3.2320 13.6757 2.1048 Net income attributable to the owners of the parent (ThUS$) 923,191,000 3,906,311,000 585,454,000 Weighted average number of shares 285,638,456 285,638,456 278,157,812 Diluted earnings per share (US$) 3.2320 13.6757 2.1048 Series A common shares 142,819,552 142,819,552 142,819,552 Series B common shares 142,818,904 142,818,904 135,338,260 Total weighted average number of shares 285,638,456 285,638,456 278,157,812

Financial risk management (Tabl

Financial risk management (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of nature and extent of risks arising from financial instruments [abstract]
Schedule of bank promissory notes	Bank promissory notes: These are negotiable promissory notes issued by a bank payable upon maturity at the request of customers to guarantee collection of the Company. These notes are accepted based on the credit quality of the issuing banks. Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes P-1 A-1 - 2,061 Bank of Communications Bank notes P-1 A-2 - 8,783 Bank of NingBo Bank notes P-2 - - 1,065 China CITIC Bank Bank notes P-2 A-2 - 35,477 China Construction Bank Corporation Bank notes - A-1 - 1,802 China Everbright Bank Bank notes (P)P-2 A-2 - 2,647 China Guangfa Bank Bank notes P-3 A-3 - 1,245 China Merchants Bank notes - A-2 - 8,661 China Minsheng Bank Bank notes - A-3 - 3,097 China Zheshang Bank Bank notes - A-3 - 3,167 HuaXia Bank Bank notes - A-3 - 3,639 Industrial & Commercial Bank of China Limited Bank notes P-1 A-1 - 8,998 Industrial Bank Bank notes P-1 A-1+ - 12,177 International Bank of Macau Bank notes P-1 - F1+ 4,122 Shanghai Pudong Development Bank Bank notes P-2 A-2 - 20,549 Others Bank notes - - - 8,441 Total 125,931 Financial institution Financial assets Rating December 31, Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes P-1 A-1 F1+ 10,334 Bank of China Bank notes P-1 A-1 F1+ 27,936 Bank of Jiujiang Bank notes P-2 - - 1,964 Bank of Ningbo Bank notes P-2 - - 3,148 Others Bank notes - - - 1,887 Total 45,269
Schedule of credit quality of financial assets	The credit quality of financial assets that are not past due or impaired can be evaluated by reference to external credit ratings (if they are available) or historical information on counterparty late payment rates: Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco Santander- Santiago Time deposits P-1 A-2 F2 6,318 Banco Crédito e Inversiones Time deposits P-1 A-2 - 1,001 Corpbanca Time deposits P-2 A-2 - 5,014 Banco de Chile Time deposits P-1 A-1 - 4,460 Scotiabank Sud Americano Time deposits - - F1+ 6,752 Banco Crédito e Inversiones Investment fund AA+ - - 5,031 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 22,845 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 312,924 Total 364,345 Banco Crédito e Inversiones Time deposits P-1 A-2 F2 74,459 Banco Morgan Stanley Margin Call P-1 A-2 F1 5,590 Banco Santander Time deposits P-1 A-2 - 100,083 Banco Itaú CorpBanca Time deposits P-2 A-2 - 372,061 Scotiabank Sud Americano Time deposits - - F1+ 672,720 Sumitomo Mitsui Banking Time deposits P-1 - F1 91,884 Total 1,316,797 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco Crédito e Inversiones Time deposits - A-2 F2 150,578 Banco Itaú Corpbanca Time deposits P-2 A-2 - 284,915 Banco Santander - Santiago Time deposits P-1 A-2 - 124,689 Scotiabank Chile Time deposits - - F1+ 416,026 Sumitomo Mitsui Banking Time deposits P-1 - - 122,631 Banco de Chile Time deposits - A-1 - 602 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 435,485 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 590,661 Total 2,125,587 Banco Crédito e Inversiones Time deposits - A-2 F2 187,707 Banco Itaú Corpbanca Time deposits P-2 A-2 - 15,048 Banco Santander - Santiago Time deposits P-1 A-2 - 51,444 Banco Estado Time deposits P-1 A-1 - 85,055 Scotiabank Chile Time deposits - - F1+ 250,362 Banco de Chile Time deposits - A-1 - 150,259 Sumitomo Mitsui Banking Time deposits P-1 - - 210,292 Total 950,167
Schedule of derivative contracts	These derivative contracts are held with domestic and foreign banks, which have the following credit ratings as of December 31, 2023. Financial institution Financial assets Rating Moody´s S&P Fitch Banco Estado Derivative P-1 - - Merrill Lynch International Derivative P-1 A-2 F1+ JP Morgan Derivative P-1 A-2 F1+ Morgan Stanley Derivative P-1 A-2 F1 The Bank of Nova Scotia Derivative P-1 A-1 F1+ Banco Itaú-Corpbanca Derivative P-2 A-2 - Goldman Sachs Derivative P-1 A-2 F1
Schedule of cash and cash equivalents	Cash and cash equivalents are invested in highly liquid mutual funds with an AAA risk rating. Nature of undiscounted cash flows As of December 31, 2023 Carrying Less than 1 year 1 to 5 years Over 5 years Total (figures expressed in millions of US dollars) Bank borrowings 1,464.26 1,117.86 268.80 62.05 1,448.71 Unsecured obligations 2,999.17 98.88 729.56 2,733.92 3,562.36 Sub total 4,463.43 1,216.74 998.36 2,795.97 5,011.07 Hedging liabilities 25.37 24.11 30.08 1.30 55.49 Derivative financial instruments 14.81 14.81 — — 14.81 Sub total 40.18 38.92 30.08 1.30 70.30 Current and non-current lease liabilities (3) 75.16 19.94 56.45 3.79 80.18 Trade accounts payable and other accounts payable 449.63 449.63 — — 449.63 Total 5,028.40 1,725.23 1,084.89 2,801.06 5,611.18 (3) Leases subject to variability are not included . Nature of undiscounted cash flows As of December 31, 2022 Carrying Less than 1 year 1 to 5 years Over 5 years Total (figures expressed in millions of US dollars) Bank borrowings 330.80 144.83 220.33 — 365.16 Unsecured obligations 2,550.60 405.17 616.66 2,935.15 3,956.98 Sub total 2,881.40 550.00 836.99 2,935.15 4,322.14 Hedging liabilities 62.53 40.76 20.43 12.68 73.87 Derivative financial instruments 5.82 5.82 — — 5.82 Sub total 68.35 46.58 20.43 12.68 79.69 Current and non-current lease liabilities 61.73 13.94 36.33 27.85 78.12 Trade accounts payable and other accounts payable 374.79 374.79 — — 374.79 Total 3,386.27 985.31 893.75 2,975.68 4,854.74

Separate information on the m_2

Separate information on the main office, parent entity and joint action agreements (Tables)	12 Months Ended
	Dec. 31, 2023
Separate Information On The Main Office, Parent Entity And Joint Action Agreements
Schedule of Parent's stand-alone assets and liabilities	5.1 Parent’s stand-alone assets and liabilities Parent’s stand-alone assets and liabilities As of As of ThUS$ ThUS$ Assets 8,824,362 8,430,376 Liabilities (4,383,163) (3,533,744) Equity 4,441,199 4,896,632

Board of Directors, Senior Ma_2

Board of Directors, Senior Management and Key management personnel (Tables)	12 Months Ended
	Dec. 31, 2023
Board Of Directors, Senior Management And Key Management Personnel
Schedule of key management personnel compensation	As of December 31, 2023, and 2022, the number of the key management personnel is 153 and 142, respectively. Key management personnel compensation For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ Key management personnel compensation 37,418 29,633 31,560

Equity-accounted investees (Tab

Equity-accounted investees (Tables)	12 Months Ended
	Dec. 31, 2023
Equity-Accounted Investees
Schedule of investments in associates	Equity-accounted investees Share in income of associates Share in other comprehensive income of Share in total comprehensive income of Associate As of As of For the year For the year For the year For the year For the year For the year For the year For the year For the year ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 17,657 17,654 3,733 5,351 2,802 — — — 3,733 5,351 2,802 Ajay Europe SARL 7,722 8,624 4,013 6,130 1,852 382 (498) 360 4,395 5,632 2,212 SAS Adionics 19,514 — (985) — — — — — (985) — — Electric Era Technologies Inc. 3,000 — — — — — — — — — — Altilium Metals Ltd. 7,620 — — — — — — — — — — Total 55,513 26,278 6,761 11,481 4,654 382 (498) 360 7,143 10,983 5,014
Schedule of dividends received from associates	Dividends received for the year ending Associate Description of the nature Address Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL Distribution and commercialization of specialty plant nutrients in the Middle East. PO Box 71871, Abu Dhabi United Arab Emirates 37 % 633 3,000 9,438 Ajay North America Production and distribution of iodine and iodine derivatives. 1400 Industry RD Power Springs GA 30129 United States of North America 49 % 4,013 1,576 1,233 Ajay Europe SARL Production and distribution of iodine and iodine derivatives. Z.I. du Grand Verger BP 227 53602 Evron Cedex France 50 % 4,682 1,778 992 SAS Adionics Lithium extraction, salt separation, water treatment for production and lithium cleaning. 17 bis Avenue des Andes Les Ulis, 91940 France 20 % — — — Electric Era Technologies, Inc. Electric vehicle charging infrastructure, smart grid, renewable technology, demand management, battery storage. 3257 17th Ave W Suite 101 Seattle, Washington 98119. United States of America 6.82 % — — — Altilium Metals Ltd. Production of battery-ready cathode materials from electric vehicle batteries. Phase 2 Room 205 Davy Road, Derrifod, Plymouth. United Kingdom 3 % — — — Total 9,328 6,354 11,663
Schedule of assets, liabilities, revenue and expenses of associates	The information disclosed reflects the amounts presented in the financial statements of the relevant associates and not the Company's share of those amounts. As of December 31, 2023 For the year ended December 31, 2023 Assets Liabilities Revenue Net income (loss) Other Comprehensive Associate Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 26,280 16,307 6,553 — 60,019 7,617 — 7,617 Ajay Europe SARL 27,263 3,197 15,015 — 73,952 8,025 12 8,037 SAS Adionics 19,645 12,294 5,141 917 4,156 (4,924) — (4,924) Electric Era Technologies, Inc. 15,486 242 3,702 — 674 (3,177) — (3,177) Altilium Metals Ltd. 1,896 118,228 24,679 — — (1,912) — (1,912) Total 90,570 150,268 55,090 917 138,801 5,629 12 5,641 As of December 31, 2022 For the year ended December 31, 2022 Assets Liabilities Revenue Net income (loss) Other Comprehensive Associate Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 30,455 15,972 10,395 2 63,482 10,919 — 10,919 Ajay Europe SARL 33,742 1,992 18,486 — 64,060 12,261 (21) 12,240 Total 64,197 17,964 28,881 2 127,542 23,180 (21) 23,159 For the year ended December 31, 2021 Revenue Net income (loss) Other Comprehensive Associate ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 47,375 5,718 — 5,718 Ajay Europe SARL 48,409 3,705 (34) 3,671 Total 95,784 9,423 (34) 9,389

Joint Ventures (Tables)

Joint Ventures (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of joint ventures [abstract]
Schedule of investment in joint ventures accounted for under the equity method of accounting	Equity-accounted investees Share in income (loss) of joint ventures Joint Venture As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 19,490 20,793 (6,564) 8,208 6,304 Pavoni & C. Spa 7,870 7,315 396 470 174 Covalent Lithium Pty Ltd. — — 107 — — Pirra Lithium Pty Ltd. 3,544 — — — — Total 30,904 28,108 (6,061) 8,678 6,478 Share on other comprehensive income joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 2,450 674 429 (4,114) 8,882 6,733 Pavoni & C. Spa 139 (210) (317) 535 260 (143) Covalent Lithium Pty Ltd. (*) 1,583 90 37 1,690 90 37 Pirra Lithium Pty Ltd. — — — — — — Total 4,172 554 149 (1,889) 9,232 6,627 ________________________________________________ (*) Equity method investments with a negative value are presented under "Other non-current provisions" and total ThUS$ 766. The following companies were included in the consolidation: Equity-accounted investees Share in income (loss) of joint ventures Joint Venture As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (**) — 14,667 — 5,834 4,582 SQM Vitas Perú S.A.C. (1) 2,488 1,340 (2,302) 2,293 1,645 Total 2,488 16,007 (2,302) 8,127 6,227 Share on other comprehensive income of Share on total comprehensive income of Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (**) — 551 (429) — 6,385 4,153 SQM Vitas Perú S.A.C. (1) — — — (2,302) 2,293 1,645 Total — 551 (429) (2,302) 8,678 5,798 (**) As of December 31, 2023, the investment in SQM Vitas Brasil Agroindustria was sold. 1. These companies are subsidiaries of: SQM Vitas Fzco
Schedule of dividends received from joint ventures	Dividends received for the year ending Joint venture Description of the nature Domicile Country of Share of As of As of As of ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. Production and commercialization of specialty plant, animal nutrition and industrial hygiene. Jebel ALI Free Zone P.O. Box 18222, Dubai United Arab Emirates 50 % — — — Pavoni & C. Spa Production of specialty fertilizers and others for distribution in Italy and other countries. Corso Italia 172, 95129 Catania -CT, Sicilia Italy 50 % — — — Covalent Lithium Pty Ltd. Development and operation of the Mt. Holland Lithium project, which will include the construction of a lithium extraction and refining mine. L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 Australia 50 % — — — SQM Vitas Brasil Agroindustria (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene. Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. Brazil 49.99 % — — — SQM Vitas Perú S.A.C. (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima Peru 50 % — — — Pirra Lithium Pty Ltd. Exploration and development of lithium assets.. Suite 12, 11 Ventnor Avenue, West Perth, WA 6605. Australia 37.5 % — — — Total — — —
Schedule of assets, liabilities, revenue and expenses from joint ventures	The information disclosed reflects the amounts presented in the financial statements of the relevant joint ventures and not the Company's share of those amounts. As of December 31, 2023 For the year ended December 31, 2023 Assets Liabilities Revenue Net income (loss) Other Comprehensive Joint Venture Current Non-current Current Non-current ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) 34,056 — 52 — — 359 — 359 SQM Vitas Brasil Agroindustria (*) — — — — — — — — SQM Vitas Perú S.A.C. (*) 40,327 8,954 36,898 220 53,477 (4,603) — (4,603) Pavoni & C. Spa (*) 11,879 6,407 8,146 814 21,439 792 115 907 Covalent Lithium Pty Ltd. 6,980 2,602 7,106 4,009 — 215 — 215 Pirra Lithium Pty Ltd. — — — — — — — — Total 93,242 17,963 52,202 5,043 74,916 (3,237) 115 (3,122) As of December 31, 2022 For the year ended December 31, 2022 Assets Liabilities Net income (loss) Other Comprehensive Joint Venture Current Non-current Current Non-current Revenue ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) 9,618 — 49 — — 165 — 165 SQM Vitas Brasil Agroindustria (*) 73,045 6,111 45,894 — 162,026 11,670 602 12,272 SQM Vitas Perú S.A.C. (*) 59,196 7,285 49,596 117 61,387 4,586 — 4,586 Pavoni & C. Spa (*) 11,516 6,358 8,853 802 18,066 939 (344) 595 Covalent Lithium Pty Ltd. 2,077 3,088 7,062 3,017 — (2,648) — (2,648) Total 155,452 22,842 111,454 3,936 241,479 14,712 258 14,970 For the year ended December 31, 2021 Revenue Net income (loss) Other Comprehensive Joint Venture ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. (*) — 159 — 159 SQM Vitas Brasil Agroindustria (*) 103,335 9,165 (858) 8,307 SQM Vitas Perú S.A.C. (*) 48,128 3,289 — 3,289 Pavoni & C. Spa (*) 19,599 347 (634) (287) Covalent Lithium Pty Ltd. — (864) 74 (790) Total 171,062 12,096 (1,418) 10,678 (*) The financial figures figures exclude consolidation adjustments (unrealized gains and losses)
Schedule of other joint venture information	Cash and cash equivalents Other current financial liabilities Other non-current financial liabilities Joint Venture As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 28,012 3,866 — — — — SQM Vitas Brasil Agroindustria — 3,820 — 9,753 — — SQM Vitas Perú S.A.C. 2,318 2,208 — 82 — 117 Pavoni & C. Spa 838 1,088 2,043 4,951 — — Covalent Lithium Pty Ltd. 1,865 1,931 — 494 — — Total 33,033 12,913 2,043 15,280 — 117 Depreciation and amortization expense Interest expense Income tax benefit (expense) Joint Venture As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. — — (1) (1) — — SQM Vitas Brasil Agroindustria — (331) — (333) — (3,164) SQM Vitas Perú S.A.C. (513) (360) (220) (298) 2,013 (2,370) Pavoni & C. Spa (213) (183) (418) (347) (392) (459) Covalent Lithium Pty Ltd. (691) (176) (16) (40) (107) 1,094 Total (1,417) (1,050) (655) (1,019) 1,514 (4,899)

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
	Dec. 31, 2023
Cash and cash equivalents [abstract]
Schedule of cash and cash equivalents	As of December 31, 2023 and 2022, cash and cash equivalents are detailed as follows: Cash As of As of ThUS$ ThUS$ Cash on hand 33 43 Cash in banks 676,282 529,606 Other demand deposits 709 — Total Cash 677,024 529,649 Cash equivalents As of As of ThUS$ ThUS$ Short-term deposits, classified as cash equivalents 23,545 1,099,441 Short-term investments, classified as cash equivalents 340,800 1,026,146 Total cash equivalents 364,345 2,125,587 Total cash and cash equivalents 1,041,369 2,655,236
Schedule of short-term investments	As of December 31, 2023 and 2022, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in: Institution As of As of ThUS$ ThUS$ Legg Mason - Western Asset Institutional Cash Reserves 312,924 590,661 JP Morgan US dollar Liquidity Fund Institutional 22,845 435,485 Banco Crédito e Inversiones 5,031 — Total 340,800 1,026,146
Schedule of restricted cash balances	As of December 31, 2023 and 2022, pledged assets are as follows Restricted cash balances As of As of ThUS$ ThUS$ Isapre Norte Grande Ltda. 950 717 Total 950 717
Schedule of detailed information about short-term deposits	The detail at the end of each balance date is as follows: Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of ThUS$ ThUS$ ThUS$ Banco Santander Fixed term Dollar 0.39 % 12-11-2023 01-05-2024 5,000 16 5,016 Banco Santander Fixed term Dollar 0.28 % 12-21-2023 01-08-2024 1,300 2 1,302 Banco Crédito e Inversiones Fixed term Dollar 0.80 % 12-28-2023 02-16-2024 1,000 — 1,000 Itaú Corpbanca Fixed term Dollar 0.27 % 12-18-2023 01-05-2024 3,000 6 3,006 Itaú Corpbanca Fixed term Dollar 0.54 % 12-04-2023 01-08-2024 2,000 8 2,008 Scotiabank Sud Americano Fixed term Dollar 0.45 % 12-18-2023 01-16-2024 2,700 5 2,705 Scotiabank Sud Americano Fixed term Dollar 0.23 % 12-20-2023 01-04-2024 2,200 4 2,204 Scotiabank Sud Americano Fixed term Dollar 0.16 % 12-29-2023 01-05-2024 1,140 1 1,141 Scotiabank Sud Americano Fixed term Dollar 0.78 % 12-13-2023 01-31-2024 700 2 702 Banco de Chile Fixed term Dollar 0.70 % 12-27-2023 02-09-2024 1,850 1 1,851 Banco de Chile Fixed term Dollar 1.02 % 12-04-2023 02-05-2024 1,300 6 1,306 Banco de Chile Fixed term Dollar 0.77 % 12-14-2023 01-31-2024 1,300 4 1,304 Total 23,490 55 23,545 Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of ThUS$ ThUS$ ThUS$ Banco Crédito e Inversiones Fixed term Peso 0.95 % 11-17-2022 01-25-2023 42,998 609 43,607 Banco Crédito e Inversiones Fixed term Peso 0.94 % 12-15-2022 01-25-2023 100,817 537 101,354 Itaú Corpbanca Fixed term Peso 0.96 % 12-06-2022 01-05-2023 41,421 343 41,764 Itaú Corpbanca Fixed term Peso 0.96 % 12-12-2022 01-25-2023 100,660 644 101,304 Itaú Corpbanca Fixed term Peso 0.95 % 11-17-2022 01-25-2023 32,248 458 32,706 Itaú Corpbanca Fixed term Peso 0.95 % 11-16-2022 01-25-2023 73,831 1,070 74,901 Itaú Corpbanca Fixed term Peso 0.96 % 12-13-2022 01-25-2023 30,146 183 30,329 Santander Fixed term Peso 0.95 % 12-16-2022 01-25-2023 103,288 523 103,811 Santander Fixed term Peso 0.94 % 12-06-2022 01-05-2023 20,710 168 20,878 Scotiabank Sud Americano Fixed term Peso 0.96 % 12-12-2022 01-25-2023 50,330 322 50,652 Scotiabank Sud Americano Fixed term Peso 0.98 % 12-13-2022 01-25-2023 100,487 621 101,108 Scotiabank Sud Americano Fixed term Peso 0.96 % 12-13-2022 01-25-2023 70,341 428 70,769 Scotiabank Sud Americano Fixed term Peso 0.97 % 12-14-2022 01-25-2023 100,258 584 100,842 Scotiabank Sud Americano Fixed term Dollar 4.54 % 11-21-2022 01-25-2023 82,000 424 82,424 Sumitomo Mitsui Banking Fixed term Dollar 4.54% 11-21-2022 01-25-2023 122,000 631 122,631 Banco Crédito e Inversiones Fixed term Dollar 0.42% 12-06-2022 01-06-2023 2,000 7 2,007 Banco Crédito e Inversiones Fixed term Dollar 0.44% 12-01-2022 01-03-2023 1,500 6 1,506 Banco Crédito e Inversiones Fixed term Peso 0.22% 12-30-2022 01-06-2023 2,103 1 2,104 Banco de Chile Fixed term Dollar 0.95% 12-12-2022 02-14-2023 600 2 602 Itaú Corpbanca Fixed term Dollar 1.02% 12-13-2022 02-16-2023 500 2 502 Itaú Corpbanca Fixed term Dollar 0.46% 11-30-2022 01-03-2023 1,000 4 1,004 Itaú Corpbanca Fixed term Dollar 0.42% 12-06-2022 01-06-2023 700 2 702 Itaú Corpbanca Fixed term Dollar 1.07% 12-21-2022 02-27-2023 1,700 3 1,703 Scotiabank Sud Americano Fixed term Dollar 0.66% 12-07-2022 01-27-2023 1,000 3 1,003 Scotiabank Sud Americano Fixed term Dollar 0.64% 11-16-2022 01-03-2023 2,500 15 2,515 Scotiabank Sud Americano Fixed term Dollar 0.72% 12-28-2022 02-13-2023 2,200 1 2,201 Scotiabank Sud Americano Fixed term Dollar 0.96% 12-30-2022 03-03-2023 500 — 500 Scotiabank Sud Americano Fixed term Dollar 0.58% 11-22-2022 01-03-2023 1,500 8 1,508 Scotiabank Sud Americano Fixed term Dollar 0.38% 12-16-2022 01-13-2023 1,500 3 1,503 Scotiabank Sud Americano Fixed term Dollar 0.87% 12-22-2022 02-16-2023 1,000 1 1,001 Total 1,091,838 7,603 1,099,441

Inventories (Table)

Inventories (Table)	12 Months Ended
	Dec. 31, 2023
Inventories
Schedule of detailed information about inventories	The composition of inventory at each period-end is as follows: Type of inventory As of As of ThUS$ ThUS$ Raw material 61,098 27,035 Production supplies 77,810 68,426 Products-in-progress 744,217 590,946 Finished product 891,469 1,097,874 Total 1,774,594 1,784,281
Schedule of information about inventory reserves	The breakdown of inventory allowances is detailed as follows: Type of inventory As of As of ThUS$ ThUS$ Raw material and supplies for production 7,724 4,186 Products-in-progress 104,970 83,499 Finished product 21,074 16,372 Total 133,768 104,057
Schedule of movements in provisions of inventories	As of December 31, 2023, and 2022, movements in provisions are detailed as follows: Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Beginning balance 104,057 75,892 80,930 Increase in Lower Value 32,926 29,693 (3,650) Additional Provision Differences of Inventory 455 (161) 330 Increase / Decrease eventual differences and others — — — Provision Used (3,670) (1,367) (1,718) Total changes 29,711 28,165 (5,038) Final balance 133,768 104,057 75,892

Related party disclosures (Tabl

Related party disclosures (Table)	12 Months Ended
	Dec. 31, 2023
Disclosure of transactions between related parties [abstract]
Schedule of detailed information about related parties	As of December 31, 2023 and 2022, the detail of entities that are identified as subsidiaries or related parties of the SQM Group is as follows: Tax ID No Name Country of origin Functional currency Nature Foreign Nitratos Naturais Do Chile Ltda. Brazil Dollar Subsidiary Foreign SQM North America Corp. United States Dollar Subsidiary Foreign SQM Europe N.V. (4) Belgium Dollar Subsidiary Foreign Soquimich European Holding B.V. Netherlands Dollar Subsidiary Foreign SQM Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Comercial De México S.A. de C.V. Mexico Dollar Subsidiary Foreign North American Trading Company United States Dollar Subsidiary Foreign Administración y Servicios Santiago S.A. de C.V. Mexico Dollar Subsidiary Foreign SQM Perú S.A. (2) Peru Dollar Subsidiary Foreign SQM Ecuador S.A. Ecuador Dollar Subsidiary Foreign SQM Nitratos Mexico S.A. de C.V. Mexico Dollar Subsidiary Foreign SQMC Holding Corporation L.L.P. United States Dollar Subsidiary Foreign SQM Investment Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Brasil Limitada Brazil Dollar Subsidiary Foreign SQM France S.A. France Dollar Subsidiary Foreign SQM Japan Co. Ltd. Japan Dollar Subsidiary Foreign Royal Seed Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Oceania Pty Limited Australia Dollar Subsidiary Foreign Rs Agro-Chemical Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Indonesia S.A. Indonesia Dollar Subsidiary Foreign SQM Virginia L.L.C. United States Dollar Subsidiary Foreign Comercial Caimán Internacional S.A. (3) Panama Dollar Subsidiary Foreign SQM África Pty. Ltd. South Africa Dollar Subsidiary Foreign SQM Colombia SAS Colombia Dollar Subsidiary Foreign SQM Internacional N.V. Belgium Dollar Subsidiary Foreign SQM -Shanghai Chemicals Co. Ltd. China Dollar Subsidiary Foreign SQM Lithium Specialties LLC United States Dollar Subsidiary Foreign SQM Iberian S.A. Spain Dollar Subsidiary Foreign SQM Beijing Commercial Co. Ltd. China Dollar Subsidiary Foreign SQM Thailand Limited Thailand Dollar Subsidiary Foreign SQM Australia PTY Australia Dollar Subsidiary Tax ID No Name Country of origin Functional currency Nature Foreign SQM Holland B.V. Netherlands Dollar Subsidiary Foreign SQM Korea LLC Korea Dollar Subsidiary 96.801.610-5 Comercial Hydro S.A. Chile Dollar Subsidiary 96.651.060-9 SQM Potasio S.A. Chile Dollar Subsidiary 96.592.190-7 SQM Nitratos S.A. Chile Dollar Subsidiary 96.592.180-K Ajay SQM Chile S.A. Chile Dollar Subsidiary 79.947.100-0 SQM Industrial S.A. Chile Dollar Subsidiary 79.906.120-1 Isapre Norte Grande Ltda. Chile Peso Subsidiary 79.876.080-7 Almacenes y Depósitos Ltda. Chile Peso Subsidiary 79.770.780-5 Servicios Integrales de Tránsitos y Transferencias S.A. Chile Dollar Subsidiary 79.768.170-9 Soquimich Comercial S.A. Chile Dollar Subsidiary 79.626.800-K SQM Salar S.A. Chile Dollar Subsidiary 76.534.490-5 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. Chile Peso Subsidiary 76.425.380-9 Exploraciones Mineras S.A. Chile Dollar Subsidiary 76.064.419-6 Comercial Agrorama Ltda. Chile Peso Subsidiary 76.145.229-0 Agrorama S.A. Chile Peso Subsidiary 76.359.919-1 Orcoma Estudios SPA Chile Dollar Subsidiary 76.360.575-2 Orcoma SPA Chile Dollar Subsidiary 76.686.311-9 SQM MaG SpA Chile Dollar Subsidiary 77.114.779-8 Sociedad Contractual Minera Bufalo Chile Dollar Subsidiary Foreign Ajay North America United States Dollar Associate Foreign Abu Dhabi Fertilizer Industries WWL United Arab Emirates Arab Emirates dirham Associate Foreign Ajay Europe SARL France Euro Associate Foreign Electronic era Technologies Inc. United States Dollar Associate Foreign Altilium Metals Ltd. United Kingdom Pound Sterling Associate Foreign SAS Adionics France Euro Associate Foreign Pirra Lithium Pty Ltd. Australia Australian Dollar Associate Foreign SQM Vitas Fzco. United Arab Emirates Arab Emirates dirham Joint venture Foreign Covalent Lithium Pty Ltd. Australia Dollar Joint venture Foreign Pavoni & C, SPA Italy Euro Joint venture 96.511.530-7 Sociedad de Inversiones Pampa Calichera Chile Dollar Other related parties 96.529.340-K Norte Grande S.A. Chile Peso Other related parties Foreign SQM Vitas Brasil Agroindustria (6) Brazil Brazilian real Other related parties Foreign SQM Vitas Perú S.A.C. (1) Peru Dollar Other related parties _______________________________________________ (1) These Companies are subsidiaries of the joint venture SQM Vitas Fzco. (2) This Company was liquidated in December 2022. (3) This Company was liquidated in March 2023. (4) On July 1, 2023, SQM Europe N.V. absorbed SQM International N.V. (5) This new company was incorporated on December 11, 2023. (6)
Schedule of related parties corresponding to mining contractual corporations	The following other related parties correspond to mining contractual corporations. Tax ID No. Name Country of origin Functional currency Relationship N/A Sociedad Contractual Minera Pampa Unión Chile Peso Other related parties
Schedule of transactions with entities who are affiliated to the key managerial personnel	Below is a list of transactions with clients and suppliers with whom a relationship with key Company personnel was identified: Tax ID No Name Country of origin Nature 90.193.000-7 El Mercurio S.A.P. Chile Other related parties 92.580.000-7 Empresa Nacional de Telecomunicaciones S.A. Chile Other related parties 96.806.980-2 Entel PCS Telecomunicaciones S.A. Chile Other related parties 97.004.000-5 Banco de Chile Chile Other related parties 99.012.000-5 Compañía de Seguros de Vida Consorcio Nacional Chile Other related parties 65.614.340-1 Corporación Endeavor Chile Chile Other related parties 82.135.600-8 Instituto Chileno administración empresas Chile Other related parties 96.532.830-0 Sociedad Inversiones Oro Blanco S.A. Chile Other related parties
Schedule of significant transactions with related parties	For the year ended December 31, 2023, 2022 and 2021, the detail of significant transactions with related parties is as follows Tax ID No Name Nature Country of origin Transaction For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ Foreign Ajay Europe S.A.R.L. Associate France Sale of products 45,314 45,205 35,597 Foreign Ajay Europe S.A.R.L. Associate France Dividends 4,682 1,778 992 Foreign Ajay North America LL.C. Associate United States Sale of products 30,791 41,814 27,763 Foreign Ajay North America LL.C. Associate United States Dividends 4,013 1,576 1,233 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Dividends 633 3,000 9,438 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Sale of products 9,019 51,748 79,086 Foreign SQM Vitas Perú S.A.C. Other related parties Perú Sale of products 17,312 58,077 17,016 Foreign Coromandel SQM India Joint venture India Sale of products — — 1,814 Foreign Pavoni & CPA Joint venture Italy Sale of products 5,541 4,138 5,359 Chile Banco de Chile Other related parties Chile Service Provider (32,418) (27,918) (20,904) Chile El Mercurio S.A.P. Other related parties Chile Service Provider (1,038) (90) (131) Chile Compañía de Seguros de Vida Consorcio Nacional Other related parties Chile Service Provider (33) (31) (134) Chile Entel PCS Telecomunicaciones S.A. Other related parties Chile Service Provider (182) (228) (157) Chile Gonzalo Guerrero Yamamoto Other related parties Chile Service Provider — (19) (79) Chile Empresa Nacional de Telecomunicaciones Other related parties Chile Service Provider (3,485) (1,746) (2,393) Chile Instituto Chileno administración empresas Other related parties Chile Service Provider (134) (46) — Chile Fundación para el desarrollo social Other related parties Chile Service Provider — (7) — Chile Corporación Endeavor Chile Other related parties Chile Service Provider (101) — —
Schedule of trade receivables due from related parties	Tax ID No Name Nature Country of origin Currency As of As of ThUS$ ThUS$ Foreign Ajay Europe S.A. R.L. Associate France Euro 8,932 7,967 Foreign Ajay North America LLC. Associate United States of America Dollar 4,393 8,354 96.511.530-7 Soc. de Inversiones Pampa Calichera Other related parties Chile Dollar 5 5 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Dollar — 32,054 Foreign SQM Vitas Perú S.A.C. Other related parties Peru Dollar 27,115 31,081 Foreign SQM Vitas Fzco. Joint venture United Arab Emirates United Arab Emirates Dirham 232 232 Foreign Pavoni & C SpA Joint venture Italy Euro 2,576 888 Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar — 1,041 Total 43,253 81,622
Schedule of other related party disclosures	Tax ID No Name Nature Country of origin Currency As of As of ThUS$ ThUS$ Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar 2,346 — Total 2,346 —

Financial instruments (Tables)

Financial instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about financial instruments [abstract]
Schedule of other current and non-current financial assets	Description of other financial assets As of As of ThUS$ ThUS$ Financial assets at amortized cost (1) 1,316,797 950,167 Derivative financial instruments - For hedging 8,527 7,014 - Non-hedging (2) 519 4,174 Total other current financial assets 1,325,843 961,355 Financial assets at fair value through other comprehensive income (4) 232,268 9,497 Derivative financial instruments - For hedging 15,993 22,606 Other financial assets at amortized cost 20 23 Total other non-current financial assets 248,281 32,126
Schedule of detailed information about other non-current financial assets	Institution As of As of ThUS$ ThUS$ Banco de Crédito e Inversiones 74,459 187,707 Banco Morgan Stanley (3) 5,590 — Banco Santander 100,083 51,444 Banco Itau CorpBanca 372,061 15,048 Banco Estado — 85,055 Banco de Chile — 150,259 Scotiabank Sud Americano 672,720 250,362 Sumitomo Mitsui Banking 91,884 210,292 Total 1,316,797 950,167 ________________________________________________ (1) Corresponds to term deposits whose maturity date is greater than 90 days and less than 360 days from the investment date constituted in the aforementioned financial institutions. (2) Correspond to forwards and options that were not classified as hedging instruments (See detail in Note 12.3). (3) As of December 31, 2023, collateral guarantees total ThUS$ 5,590, which are related to hedging derivative instruments.. As of December 31, 2022, there were no collateral guarantees. (4) During the first quarter of 2023, the Company made an investment of ThUS$13,480 to acquire a 19.99% interest in Azure Minerals Limited (a company listed on the Australian Stock Exchange). The Company and Azure have entered into an acquisition agreement under which the Company has the right to choose a director and acquire 25% of all lithium products in which Azure has an interest on commercially competitive market terms. During the third and fourth quarter, the Company invested an additional ThUS$12,904 and ThUS$4,317, respectively, to maintain its ownership interest. As of December 31, 2023, the Company did not exercise significant influence over this entity and therefore this investment has been recognized as a financial instrument at fair value with changes in other comprehensive income on an irrevocable basis. The impact on other comprehensive income amounts to ThUS$135,358, net of tax.
Schedule of trade and other receivables	As of December 31, 2023 As of December 31, 2022 Trade and other receivables Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Trade receivables, current 784,422 — 784,422 1,002,223 — 1,002,223 Prepayments, current 74,630 — 74,630 38,709 — 38,709 Other receivables, current 18,163 2,559 20,722 16,648 2,091 18,739 Guarantee deposits (1) 29,966 — 29,966 29,840 — 29,840 Total trade and other receivables 907,181 2,559 909,740 1,087,420 2,091 1,089,511 See discussion about credit risk in Note 4.2. As of December 31, 2023 As of December 31, 2022 Trade and other receivables Gross Impairment Trade receivables, Gross Impairment Trade receivables, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Receivables related to credit operations, current 787,667 (3,245) 784,422 1,006,982 (4,759) 1,002,223 Prepayments, current 75,414 (784) 74,630 39,493 (784) 38,709 Other receivables, current 21,209 (3,046) 18,163 19,920 (3,272) 16,648 Guarantee deposits (1) 29,966 — 29,966 29,840 — 29,840 Other receivables, non-current 2,559 — 2,559 2,091 — 2,091 Total trade and other receivables 916,815 (7,075) 909,740 1,098,326 (8,815) 1,089,511 (1)
Schedule of impairment provision for doubtful receivables	As of December 31, 2023 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 days Over 90 days Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 0% 2 % 7 % 2 % 39 % — — Total Gross Book Value 758,781 18,732 2,684 3,509 3,961 787,667 44,053 Impairment Estimate 1,007 422 197 67 1,552 3,245 800 As of December 31, 2022 Trade accounts receivable days past due Trade receivables Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 days Over 90 days Trade ThUS$ ThUS$ Expected Loss Rate on 0% 1 % 7 % 6 % 81 % — — Total Gross Book Value 968,129 30,187 1,457 3,336 3,873 1,006,982 83,000 Impairment Estimate 948 391 108 186 3,126 4,759 1,378
Schedule of movements in provisions	As of December 31, 2023, and 2022, movements in provisions are as follows: Provisions As of As of As of ThUS$ ThUS$ ThUS$ Impairment provision of Accounts receivable at the beginning of the year 10,193 14,716 27,273 Increase (decrease) impairment of accounts receivable (202) (3,369) 235 Write-off of receivables (1,351) — (11,091) Difference in exchange rate (765) (1,154) (1,701) Impairment provision of Accounts Receivable Provision at the end of the year 7,875 10,193 14,716 Trade and other Receivables Provision 3,245 4,759 10,352 Current other Receivables Provision 3,830 4,056 3,647 Trade receivables with related parties, current Provision 800 1,378 717 Recovery of Insurrance — — 210 Impairment provision of Accounts Receivable 7,875 10,193 14,716
Schedule of derivative financial instruments classified as hedges	As of December 31, 2023 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps and Forwards Cash flow hedge derivatives Short term 7,038 30,442 — — Long term 15,993 8,368 — — Subtotal 23,031 38,810 (13,067) (2,712) Type of Instrument: Forwards Non-hedging derivates disbursement SQM Australia Pty Short term 1,489 — — — Long term — 52 — 1,437 Subtotal 1,489 52 — 1,437 Underlying Investments Hedge 24,520 38,862 (13,067) (1,275) Type of Instrument: Forwards/Options Non-hedge derivates with effect on income Short term 519 14,795 — — Underlying Investments Hedge 519 14,795 5,401 — Total Instruments 25,039 53,657 (7,666) (1,275) The Company recouponed the CCS with Santander Bank who had hedged the Series Q bond, by moving the UF/USD exchange rate upwards. This change increased the USD value of the bond by ThUS$16,440 and its interest payable. Santander Bank paid the company ThUS$17,320 on August 18, 2023 in exchange for this amendment. As of December 31, 2022 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps and Forwards Cash flow hedge derivatives Short term 7,014 42,754 — — Long term 15,467 19,772 — — Subtotal 22,481 62,526 (12,939) (27,106) Type of Instrument: Forwards Non-hedging derivates disbursement SQM Australia Pty Long term 7,139 — — 7,139 Subtotal 7,139 — — 7,139 Underlying Investments Hedge 29,620 62,526 (12,939) (19,967) Type of Instrument: Forwards/Options Non-hedge derivates with effect on income Short term 4,174 5,816 — — Underlying Investments Hedge 4,174 5,816 38,653 — Total Instruments 33,794 68,342 25,714 (19,967) ________________________________________________ (1) See underlying hedges in Note 4.2 letters b) and d) and movement of cash flow hedge reserve in Note 19.4.
Schedule of asset and liability hedging derivatives	Reconciliation of asset and As of December Cash Flow Income Statement Equity and Others As of December Hedge-to-debt derivatives (10,061) (14,850) 6,631 20,800 2,520 Hedging derivatives to investment (29,984) (10,082) 18,171 3,595 (18,300) Non-hedging derivatives disbursement SQM Australia Pty asset 7,139 1,183 (1,183) (5,702) 1,437 Non-hedging derivatives (1,642) (18,034) 5,401 — (14,275) Reconciliation of asset and As of December Cash Flow Income Statement Equity and Others As of December Hedge-to-debt derivatives (81,597) 8,616 37,494 25,426 (10,061) Hedging derivatives to investment 12,613 (52,698) 16,104 (6,003) (29,984) Non-hedging derivatives disbursement SQM Australia Pty asset — 2,022 — 5,117 7,139 Non-hedging derivatives (418) (39,878) 38,653 — (1,642)
Schedule of derivative contract maturities	Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ H 91,718 UF 01/05/2024 O 58,748 UF 02/01/2030 P 134,228 UF 01/15/2028 Q 123,370 UF 06/01/2030
Schedule of financial liabilities	As of December 31, 2023, and 2022, the detail is as follows: As of December 31, 2023 As of December 31, 2022 Other current and non-current financial Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 1,164,262 295,518 1,459,780 130,840 197,522 328,362 Unsecured obligations 46,999 2,909,485 2,956,484 343,589 2,176,924 2,520,513 Derivative financial instruments For hedging 30,443 8,419 38,862 42,754 19,772 62,526 Non-Hedging 14,795 — 14,795 5,816 — 5,816 Total 1,256,499 3,213,422 4,469,921 522,999 2,394,218 2,917,217
Schedule of information about short-term bank borrowings	As of December 31, 2023, the detail of this caption is as follows: Debtor Creditor Currency or Tax ID No Company Country Tax ID No. Financial institution Country Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Bank of Nova Scotia United States of America Dollar Upon maturity 06/21/2024 5.88 % 6.64 % 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain/South Korea Dollar Upon maturity 06/21/2024 4.49 % 6.36 % 93.007.000-9 SQM S.A. Chile 97.043.000-8 JP Morgan Chile Dollar Upon maturity 05/28/2024 6.69 % 6.69 % 93.007.000-9 SQM S.A. Chile 97.036.000-K Banco Santander Chile Dollar Upon maturity 05/17/2024 5.95 % 5.95 % 93.007.000-9 SQM S.A. Chile 97.036.000-K Banco Santander Chile Dollar Upon maturity 08/26/2024 6.88 % 6.88 % 93.007.000-9 SQM S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/30/2024 6.19 % 6.19 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 02/20/2024 6.18 % 6.18 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 06/10/2024 6.19 % 6.19 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 04/18/2024 6.01 % 6.01 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 10/17/2024 5.84 % 6.46 % 93.007.000-9 SQM S.A. Chile 97.006.000-6 BCI Chile Dollar Upon maturity 05/24/2024 6.17 % 6.17 % 93.007.000-9 SQM S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.947.100-0 SQM Industrial S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 05/16/2024 5.85 % 5.85 % 79.947.100-0 SQM Industrial S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 07/05/2024 6.50 % 6.50 % 79.626.800-K SQM Salar S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/17/2024 6.07 % 6.07 % 79.626.800-K SQM Salar S.A. Chile 97.018.000-1 Scotiabank Chile Chile Dollar Upon maturity 05/30/2024 6.19 % 6.19 % 79.626.800-K SQM Salar S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 07/18/2024 5.92 % 6.15 % 79.626.800-K SQM Salar S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 06/10/2024 6.19 % 6.19 % 79.626.800-K SQM Salar S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 05/16/2024 5.85 % 5.85 % 79.626.800-K SQM Salar S.A. Chile 97.004.000-5 Banco de Chile Chile Dollar Upon maturity 06/21/2024 6.25 % 6.25 % Debtor Creditor Nominal amounts as of December 31, 2023 Current amounts as of December 31, 2023 Company Financial institution Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Bank of Nova Scotia — — — — 406 406 — 406 SQM S.A. Banco Santander — 120,000 120,000 — 124,383 124,383 — 124,383 SQM S.A. Banco Santander — 200,000 200,000 — 204,625 204,625 — 204,625 SQM S.A. Banco JP Morgan — 50,000 50,000 — 50,288 50,288 — 50,288 SQM S.A. Banco Santander/Kexim — — — — 177 177 — 177 SQM S.A. Scotiabank Chile — 25,000 25,000 — 25,898 25,898 — 25,898 SQM S.A. Banco Estado 15,000 — 15,000 15,569 — 15,569 — 15,569 SQM S.A. Banco Estado — 20,000 20,000 — 20,695 20,695 — 20,695 SQM S.A. BCI — 100,000 100,000 — 104,176 104,176 — 104,176 SQM S.A. BCI — 100,000 100,000 — 101,238 101,238 — 101,238 SQM S.A. BCI — 50,000 50,000 — 51,825 51,825 — 51,825 SQM S.A. Banco Itau — 10,000 10,000 — 10,309 10,309 — 10,309 SQM Industrial S.A. Banco de Chile — 30,000 30,000 — 31,077 31,077 — 31,077 SQM Industrial S.A. Banco Itau — 20,000 20,000 — 20,618 20,618 — 20,618 SQM Salar S.A. Banco Itau — 10,000 10,000 — 10,311 10,311 — 10,311 SQM Salar S.A. Banco Itau — 20,000 20,000 — 20,618 20,618 — 20,618 SQM Salar S.A. Scotiabank Chile — 50,000 50,000 — 51,864 51,864 — 51,864 SQM Salar S.A. Scotiabank Chile — 50,000 50,000 — 51,797 51,797 — 51,797 SQM Salar S.A. Banco Estado — 70,000 70,000 — 71,913 71,913 — 71,913 SQM Salar S.A. Banco Estado — 80,000 80,000 — 82,779 82,779 — 82,779 SQM Salar S.A. Banco de Chile — 40,000 40,000 — 41,436 41,436 — 41,436 SQM Salar S.A. Banco de Chile — 70,000 70,000 — 72,260 72,260 — 72,260 Total 15,000 1,115,000 1,130,000 15,569 1,148,693 1,164,262 — 1,164,262 As of December 31, 2022 Debtor Creditor Currency or Tax ID No Company Country Tax ID No. Financial institution Country Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman United States of America Dollar Upon maturity 05/30/2023 0.97 % 5.22 % 93.007.000-9 SQM S.A. Chile 97.023.000-9 Banco Itau Chile Dollar Upon maturity 01/05/2023 4.50 % 4.50 % 93.007.000-9 SQM S.A. Chile 97.030.000-7 Banco Estado Chile Dollar Upon maturity 01/05/2023 4.59 % 4.59 % Debtor Creditor Nominal amounts as of December 31, 2022 Current amounts as of December 31, 2022 Up to 90 days 90 days to Total Up to 90 days 90 days to 1 Subtotal Borrowing Total Company Financial institution ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman — 70,000 70,000 — 70,393 70,393 (149) 70,244 SQM S.A. Banco Itau 20,000 — 20,000 20,062 — 20,062 — 20,062 SQM S.A. Banco Estado 40,000 — 40,000 40,128 — 40,128 — 40,128 SQM S.A. Scotiabank — — — 406 — 406 — 406 Total 60,000 70,000 130,000 60,596 70,393 130,989 (149) 130,840
Schedule of current maturities of unsecured obligations	As of December 31, 2023, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows: Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2024 Dollar Semiannual Upon maturity 0.80 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2024 Dollar Semiannual Upon maturity 2.39 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2024 Dollar Semiannual Upon maturity 3.62 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 03/10/2024 Dollar Semiannual Upon maturity 3.30 % 3.50 % 93.007.000-9 SQM S.A. Chile — ThUS$750,000 05/07/2024 Dollar Semiannual Upon maturity 6.89 % 6.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2024 UF Semiannual Semiannual 1.58 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2024 UF Semiannual Upon maturity 1.68 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2024 UF Semiannual Upon maturity 1.41 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2024 UF Semiannual Upon maturity 2.41 % 3.45 % Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile ThUS$250,000 4,648 — 4,648 4,648 — 4,648 (433) 4,215 SQM S.A. Chile ThUS$450,000 — 2,869 2,869 — 2,869 2,869 (677) 2,192 SQM S.A. Chile ThUS$400,000 7,508 — 7,508 7,508 — 7,508 (235) 7,273 SQM S.A. Chile ThUS$700,000 7,554 — 7,554 7,554 — 7,554 (555) 6,999 SQM S.A. Chile ThUS$750,000 — 7,312 7,312 — 7,312 7,312 (1,521) 5,791 SQM S.A. Chile H 17,599 — 17,599 17,599 — 17,599 (172) 17,427 SQM S.A. Chile O 987 — 987 987 — 987 (82) 905 SQM S.A. Chile P 1,871 — 1,871 1,871 — 1,871 (12) 1,859 SQM S.A. Chile Q — 359 359 — 359 359 (21) 338 Total 40,167 10,540 50,707 40,167 10,540 50,707 (3,708) 46,999 Debtor Number of Currency or Periodicity Tax I No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2023 Dollar Semiannual Upon maturity 1.17 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$300,000 04/03/2023 Dollar Semiannual Upon maturity 0.56 % 3.63 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2023 Dollar Semiannual Upon maturity 3.01 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2023 Dollar Semiannual Upon maturity 3.79 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 03/10/2023 Dollar Semiannual Upon maturity 3.44 % 3.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2023 UF Semiannual Semiannual 1.23 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2023 UF Semiannual Upon maturity 1.89 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2023 UF Semiannual Upon maturity 1.72 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2023 UF Semiannual Upon maturity 2.63 % 3.45 % Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to Subtotal Borrowing costs Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile ThUS$250,000 4,648 — 4,648 4,648 — 4,648 (433) 4,215 SQM S.A. Chile ThUS$300,000 — 302,658 302,658 — 302,658 302,658 (170) 302,488 SQM S.A. Chile ThUS$450,000 — 2,869 2,869 — 2,869 2,869 (679) 2,190 SQM S.A. Chile ThUS$400,000 7,508 — 7,508 7,508 — 7,508 (237) 7,271 SQM S.A. Chile ThUS$700,000 — 7,554 7,554 — 7,554 7,554 (555) 6,999 SQM S.A. Chile H 17,566 — 17,566 17,566 — 17,566 (172) 17,394 SQM S.A. Chile O 965 — 965 965 — 965 (82) 883 SQM S.A. Chile P 1,830 — 1,830 1,830 — 1,830 (12) 1,818 SQM S.A. Chile Q — 351 351 — 351 351 (20) 331 Total 32,517 313,432 345,949 32,517 313,432 345,949 (2,360) 343,589
Schedule of non-current bank borrowings	The following table shows the details of bank loans as of December 31, 2023: Debtor Creditor Currency or Type of amortization Effective rate Nominal rate Tax ID No. Company Country Tax ID No. Financial institution Country 93.007.000-9 SQM S.A. Chile O-E Bank of Nova Scotia Canada Dollar Upon Maturity 5.88 % 6.64 % 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain/South Korea Dollar Upon Maturity 5.49 % 6.36 % Debtor Creditor Nominal non-current maturities as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Bank of Nova Scotia — 200,000 — 200,000 — 200,000 — 200,000 (1,648) 198,352 SQM S.A. Banco Santander/Kexim — — 100,000 100,000 — — 100,000 100,000 (2,834) 97,166 Total — 200,000 100,000 300,000 — 200,000 100,000 300,000 (4,482) 295,518 As of December 31, 2022 Debtor Creditor Currency or Type of amortization Effective rate Nominal rate Tax ID No. Company Country Tax ID No. Financial institution Country 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman United States of America Dollar Upon Maturity 2.33 % 3.19 % 93.007.000-9 SQM S.A. Chile O-E Scotiabank Canada Dollar Upon Maturity 5.10 % 6.08 % Debtor Creditor Nominal non-current maturities as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of obtaining loans Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman — — — — — — — — — — SQM S.A. Scotiabank — 200,000 — 200,000 — 200,000 — 200,000 (2,478) 197,522 Total — 200,000 — 200,000 — 200,000 — 200,000 (2,478) 197,522
Schedule of information about non-current maturities of unsecured obligations	The following table shows the details of “unsecured debentures that accrue non-current interest” as of December 31, 2023: Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2025 Dollar Semiannual Upon maturity 4.24 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2029 Dollar Semiannual Upon maturity 4.14 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2050 Dollar Semiannual Upon maturity 4.23 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 09/10/2051 Dollar Semiannual Upon maturity 3.45 % 3.50 % 93.007.000-9 SQM S.A. Chile — ThUS$750,000 11/07/2033 Dollar Semiannual Upon maturity 6.89 % 6.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.54 % 3.45 % Nominal non-current maturities as of December 31, 2023 Carrying amounts of maturities as of December 31, 2023 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$250,000 250,000 — — — — 250,000 250,000 — — — — 250,000 (36) 249,964 ThUS$450,000 — — — — 450,000 450,000 — — — — 450,000 450,000 (2,991) 447,009 ThUS$400,000 — — — — 400,000 400,000 — — — — 400,000 400,000 (5,879) 394,121 ThUS$700,000 — — — — 700,000 700,000 — — — — 700,000 700,000 (14,787) 685,213 ThUS$750,000 — — — — 750,000 750,000 — — — — 750,000 750,000 (13,437) 736,563 H — — — — 83,887 83,887 — — — — 83,887 83,887 (861) 83,026 O — — — — 62,915 62,915 — — — — 62,915 62,915 (659) 62,256 P — — — — 125,830 125,830 — — — — 125,830 125,830 (40) 125,790 Q — — — — 125,830 125,830 — — — — 125,830 125,830 (287) 125,543 Total 250,000 — — — 2,698,462 2,948,462 250,000 — — — 2,698,462 2,948,462 (38,977) 2,909,485 As of December 31, 2022 Debtor Number of Currency or Periodicity Tax ID No. Company Country Series Maturity date Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile — ThUS$250,000 01/28/2025 Dollar Semiannual Upon maturity 4.08 % 4.38 % 93.007.000-9 SQM S.A. Chile — ThUS$450,000 05/07/2029 Dollar Semiannual Upon maturity 4.10 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$400,000 01/22/2050 Dollar Semiannual Upon maturity 4.19 % 4.25 % 93.007.000-9 SQM S.A. Chile — ThUS$700,000 09/10/2051 Dollar Semiannual Upon maturity 3.42 % 3.50 % 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76 % 4.90 % 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69 % 3.80 % 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24 % 3.25 % 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43 % 3.45 % Nominal non-current maturities as of December 31, 2022 Carrying amounts of maturities as of December 31, 2022 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$250,000 — — 250,000 — — 250,000 — — 250,000 — — 250,000 (469) 249,531 ThUS$450,000 — — — — 450,000 450,000 — — — — 450,000 450,000 (3,666) 446,334 ThUS$400,000 — — — — 400,000 400,000 — — — — 400,000 400,000 (6,112) 393,888 ThUS$700,000 — — — — 700,000 700,000 — — — — 700,000 700,000 (15,341) 684,659 H — — — — 96,967 96,967 — — — — 96,967 96,967 (1,034) 95,933 O — — — — 61,536 61,536 — — — — 61,536 61,536 (741) 60,795 P — — — — 123,072 123,072 — — — — 123,072 123,072 (52) 123,020 Q — — — — 123,073 123,073 — — — — 123,073 123,073 (309) 122,764 Total — — 250,000 — 1,954,648 2,204,648 — — 250,000 — 1,954,648 2,204,648 (27,724) 2,176,924
Schedule of trade and other payables	As of December 31, 2023 As of December 31, 2022 Details trade and other payables Current Non-current Current Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Accounts payable 441,780 — 441,780 358,711 — 358,711 Other accounts payable 2,163 — 2,163 1,438 — 1,438 Prepayments from customers 5,690 — 5,690 14,640 — 14,640 Total 449,633 — 449,633 374,789 — 374,789
Schedule of suppliers current and past due on payments	Amounts according to payment periods as of December 31, 2023 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 246,789 2,654 2 — 1,653 — 251,098 Services 142,625 243 4 — 65 — 142,937 Others 50,335 — — — 7 — 50,342 Total 439,749 2,897 6 — 1,725 — 444,377 Amounts according to payment periods as of December 31, 2022 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 239,108 786 877 339 — — 241,110 Services 91,499 1,270 73 — 65 — 92,907 Others 34,325 — — — — — 34,325 Total 364,932 2,056 950 339 65 — 368,342 Suppliers past due on payments Amounts according to payment periods as of December 31, 2023 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 864 158 77 66 185 — 1,350 Services 1,557 57 24 8 19 — 1,665 Others 10 9 — — 59 — 78 Total 2,431 224 101 74 263 — 3,093 Amounts according to payment periods as of December 31, 2022 Type of Supplier Up to 30 31 – 60 61 – 90 91 – 120 121 – 365 366 and Total ThUS$ Goods 1,294 135 64 24 1,363 — 2,880 Services 1,548 174 20 1 196 — 1,939 Others 136 27 — — 27 — 190 Total 2,978 336 84 25 1,586 — 5,009
Schedule of detailed information about financial assets	As of December 31, 2023 As of December 31, 2022 Description of financial assets Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Cash and cash equivalent 1,041,369 — 1,041,369 2,655,236 — 2,655,236 Trade receivables due from related parties at amortized cost 43,253 — 43,253 81,622 — 81,622 Financial assets measured at amortized cost 1,316,797 20 1,316,817 950,167 23 950,190 Trade and other receivables 907,181 2,559 909,740 1,087,420 2,091 1,089,511 Total financial assets measured at amortized cost 3,308,600 2,579 3,311,179 4,774,445 2,114 4,776,559 Financial instruments for hedging purposes 8,527 15,993 24,520 7,014 22,606 29,620 Derivative financial instruments with effect in profit or loss (no hedge) 519 — 519 4,174 — 4,174 Financial assets classified as available for sale at fair value through other comprehensive income — 232,268 232,268 — 9,497 9,497 Total financial assets at fair value 9,046 248,261 257,307 11,188 32,103 43,291 Total financial assets 3,317,646 250,840 3,568,486 4,785,633 34,217 4,819,850
Schedule of detailed information about financial liabilities	As of December 31, 2023 As of December 31, 2022 Description of financial liabilities Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ For hedging purposes through other comprehensive income 30,443 8,419 38,862 42,754 19,772 62,526 Held for trading at fair value through profit or loss 14,795 — 14,795 5,816 — 5,816 Financial liabilities at fair value 45,238 8,419 53,657 48,570 19,772 68,342 Bank loans 1,164,262 295,518 1,459,780 130,840 197,522 328,362 Unsecured obligations 46,999 2,909,485 2,956,484 343,589 2,176,924 2,520,513 Lease Liabilities 18,192 56,966 75,158 12,149 49,585 61,734 Trade and other payables 449,633 — 449,633 374,789 — 374,789 Total financial liabilities at amortized cost 1,679,086 3,261,969 4,941,055 861,367 2,424,031 3,285,398 Total financial liabilities 1,724,324 3,270,388 4,994,712 909,937 2,443,803 3,353,740
Schedule of fair value measurement of assets and liabilities	As of December 31, 2023 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value Fair amount Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 1,041,369 1,041,369 — 1,041,369 — — Other current financial assets - Time deposits 1,316,797 1,316,797 — — 1,316,797 — - Derivative financial instruments — — — — — - Forwards — — 324 — 324 — - Options — — 195 — 195 — - Hedging assets — — 8,527 — 8,527 — - Swaps — — — — — — Non-current accounts receivable 2,559 2,559 — — — — Other non-current financial assets: - Other 20 20 — — 20 — - Equity instruments — — 232,268 232,268 — — - Hedging assets – Swaps — — 15,993 15,993 — — Other current financial liabilities - Bank borrowings 1,164,262 1,164,262 — — 1,164,262 — - Derivative instruments — — — — — — - Forwards — — 14,525 — 14,525 — - Options — — 270 — 270 — - Hedging liabilities – Swaps — — 12,143 — 12,143 — - Swaps hedges, investments — — 18,300 — 18,300 — - Cash flow hedges — — — — — — - Unsecured obligations 46,999 46,999 — — 46,999 — Other non-current financial liabilities - Bank borrowings 295,518 295,518 — — 295,518 — - Unsecured obligations 2,909,485 2,909,485 — — 2,909,485 — - Non-current hedging liabilities — — 8,419 — 8,419 — As of December 31, 2022 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value Fair amount Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 2,655,236 2,655,236 — 2,655,236 — — Other current financial assets - Time deposits 950,167 950,167 — — 950,167 — - Derivative financial instruments - Forwards — — 3,704 — 3,704 — - Options — — 470 — 470 — - Hedging assets — — 7,014 — 7,014 — - Swaps — — — — — — Non-current accounts receivable 2,091 2,091 — — — — Other non-current financial assets: - Other 23 23 — — 23 — - Equity instruments — — 9,497 9,497 — — - Hedging assets – Swaps — — 22,606 22,606 — — Other current financial liabilities - Bank borrowings 130,840 130,840 — — 130,840 — - Derivative instruments — — — — — — - Forwards — — 4,848 — 4,848 — - Options — — 968 — 968 — - Hedging liabilities – Swaps — — 42,754 — 42,754 — - Swaps hedges, investments — — — — — — - Unsecured obligations 343,589 343,589 — — 343,589 — Other non-current financial liabilities - Bank borrowings 197,522 196,598 — — 196,598 — - Unsecured obligations 2,176,924 2,476,924 — — 2,476,924 — - Non-current hedging liabilities — — 19,772 — 19,772 —
Schedule of net debt	Net debt As of As of ThUS$ ThUS$ Cash and cash equivalents 1,041,369 2,655,236 Other current financial assets 1,325,843 961,355 Other non-current financial hedge assets 15,993 22,606 Other current financial liabilities (1,256,499) (522,999) Lease liabilities current (18,192) (12,149) Other non-current financial liabilities (3,213,422) (2,394,218) Non-current Lease liabilities (56,966) (49,585) Total (2,161,874) 660,246
Schedule of detailed information about changes in net debt	As of From cash flow Not from cash flow As of Net debt Amounts from Amounts from Other cash Income statement Equity and others ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Obligations with the public and bank loans (2,848,875) (1,534,282) 117,145 18,346 (168,598) — (4,416,264) Financial instruments derived from hedging (39,681) (18,927) 4,077 — 11,731 20,800 (22,000) Derivatives for investment hedges (29,984) — — (10,082) 18,171 3,595 (18,300) Non-hedging Derivatives in Other financial liabilities (5,816) — — — (8,979) — (14,795) Current and non-current lease liabilities (61,734) 15,914 2,038 — (31,376) — (75,158) Current and non-current financial liabilities (2,986,090) (1,537,295) 123,260 8,264 (179,051) 24,395 (4,546,517) Cash and cash equivalents 2,655,236 — (53,539) (1,615,863) 55,535 — 1,041,369 Deposits that do not qualify as cash and cash equivalents 950,167 — (49,226) 341,742 74,114 — 1,316,797 Debt Hedging Derivative Financial Instruments 29,620 — — — (5,100) — 24,520 Derivatives for investment hedges — — — — — — — Non-hedging derivatives on other financial assets 4,174 — — (18,034) 14,380 — 520 Hedging derivatives reimbursement of SQM Australia asset 7,139 — — 1,183 (1,183) (5,702) 1,437 Current and Non-Current Financial Assets 3,646,336 — (102,765) (1,290,972) 137,746 (5,702) 2,384,643 Total 660,246 (1,537,295) 20,495 (1,282,708) (41,305) 18,693 (2,161,874) As of From cash flow Not from cash flow As of Net debt Amounts from Amounts from Other cash Income statement Equity and others ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Obligations with the public and bank loans (2,555,511) (246,883) 98,155 2,566 (147,202) — (2,848,875) Debt hedging derivative financial instruments (81,854) 993 7,623 — 6,108 27,449 (39,681) Hedging and investment derivatives — — — (2,662) (21,319) (6,003) (29,984) Non-hedging derivatives on other financial liabilities (1,672) — — — (4,144) — (5,816) Operating lease liabilities, current and non-current (54,223) 10,478 1,226 — (19,215) — (61,734) Current and non-current financial liabilities (2,693,260) (235,412) 107,004 (96) (185,772) 21,446 (2,986,090) Cash and cash equivalents 1,515,051 — (25,623) 1,165,225 583 — 2,655,236 Deposits that do not qualify as cash and cash equivalents 905,170 — (24,088) 24,679 44,406 — 950,167 Debt hedging derivative financial instruments 257 — — — 29,363 — 29,620 Hedging and investment derivatives 12,613 — — — (12,613) — — Non-hedging derivatives on other financial assets 1,254 — — (39,878) 42,798 — 4,174 Hedging derivatives reimbursement of SQM Australia asset — — 2,022 — — 5,117 7,139 Current and Non-Current Financial Assets 2,434,345 — (47,689) 1,150,026 104,537 5,117 3,646,336 Total (258,915) (235,412) 59,315 1,149,930 (81,235) 26,563 660,246

Right-of-use assets and Lease_2

Right-of-use assets and Lease liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Right-Of-Use Assets And Lease Liabilities
Schedule of right-of-use assets	Reconciliation of changes Land Buildings Other Transport Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 18,320 17,839 — 1,805 22,903 60,867 Additions 894 13,714 — 37 18,686 33,331 Depreciation expenses (687) (4,509) — (987) (11,088) (17,271) Transfer to property, plant and equipment — — — — — — Other increases (decreases) (228) (1,586) — — (1,920) (3,734) Total changes (21) 7,619 — (950) 5,678 12,326 Closing balance 18,299 25,458 — 855 28,581 73,193 Reconciliation of changes Land Buildings Other Transport Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 17,353 20,951 — 2,578 11,726 52,608 Additions 1,599 736 — 186 16,675 19,196 Depreciation expenses (12) (3,846) — (965) (4,383) (9,206) Transfer to property, plant and equipment (622) — — — (1,114) (1,736) Other increases (decreases) 2 (2) — 6 (1) 5 Total changes 967 (3,112) — (773) 11,177 8,259 Closing balance 18,320 17,839 — 1,805 22,903 60,867
Schedule of lease liabilities	As of December 31, 2023 As of December 31, 2022 Lease liabilities Current Non-Current Current Non-Current ThUS$ ThUS$ ThUS$ ThUS$ Lease liabilities 18,192 56,966 12,149 49,585 Total 18,192 56,966 12,149 49,585
Schedule of current lease liabilities	(a) As of December 31, 2023 and 2022, current lease liabilities are analyzed as follows: Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2023 Nominal amounts as of December 31,2023 Tax ID No. Company Country Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.00-9 SQM S.A. Chile Contract supplier UF 3.49% 20 46 66 19 46 65 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 3.02% 344 1,034 1,378 321 977 1,298 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.54% 1,492 4,040 5,532 1,400 3,718 5,118 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 2.58% 726 1,863 2,589 645 1,640 2,285 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 18 43 61 18 42 60 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.97% 374 1,123 1,497 336 956 1,292 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.16% 2 7 9 2 2 4 76.359.919-1 Orcoma SpA Chile Contract supplier UF 6.80% 1 2 3 1 2 3 Foreign SQM Australia Pty Australia Contract supplier Australian dollar 4.93% 725 1,896 2,621 721 1,884 2,605 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Dollar 3.74% 711 2,131 2,842 633 1,953 2,586 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican peso 9.73% 262 789 1,051 240 747 987 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 121 364 485 94 287 381 Foreign SQM North América Corp. United States Contract supplier Dollar 3.67% 106 267 373 97 244 341 Foreign SQM África Pty South Africa Contract supplier Rand 9.20% 344 1,007 1,351 267 820 1,087 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 2.45% 5 17 22 5 17 22 Foreign SQM Iberian Spain Contract supplier Euro 3.25% 15 48 63 14 44 58 Total 5,266 14,677 19,943 4,813 13,379 18,192 Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2022 Nominal amounts as of December 31,2022 Tax ID No. Company Country Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.000-9 SQM S.A. Chile Contract supplier UF 3.49% 20 59 79 18 55 73 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 2.75% 342 1,027 1,369 311 946 1,257 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.42% 1,010 2,929 3,939 917 2,700 3,617 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 3.10% 676 2,027 2,703 577 1,755 2,332 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 18 55 73 17 52 69 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.94% 342 886 1,228 306 790 1,096 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.80% 2 7 9 2 4 6 76.359.919-1 Orcoma SpA Chile Contract supplier UF 2.53% 1 4 5 1 4 5 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Dollar 3.45% 99 296 395 86 264 350 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican peso 7.84% 27 62 89 25 60 85 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 102 306 408 96 290 386 Foreign SQM North América Corp. United States Contract supplier Dollar 2.90% 102 308 410 91 279 370 Foreign SQM Australia PTY Australia Contract supplier Australian dollar 4.42% 807 2,355 3,162 648 1,798 2,446 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 1.38% 5 17 22 5 17 22 Foreign SQM África Pty South Africa Contract supplier Rand 8.51% 12 36 48 8 27 35 Total 3,565 10,374 13,939 3,108 9,041 12,149
Schedule of non-current lease liabilities	(b) As of December 31, 2023 and 2022, the non-current lease liabilities are analyzed as follows: Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2023 Amounts at amortized cost as of December 31, 2023 Tax ID No. Company Country Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 2.61% 1,176 1,079 — 2255 1,133 1,064 — 2197 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.88% 6,185 3,728 — 9,913 5,901 3,630 — 9,531 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 2.06% 3,799 5,594 311 9,704 3,348 5,312 310 8,970 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.97% 1,844 969 181 2,994 2,020 938 173 3,131 76.359.919-1 Orcoma SpA Chile Contract supplier Peso 6.80% 18 26 37 81 8 12 41 61 Foreign SQM North América Corp. Chile Contract supplier Dollar 4.99% 524 265 — 789 484 260 — 744 Foreign SQM Comercial de México S.A. de C.V. Chile Contract supplier Mexican Peso 6.79% 91 — — 91 90 — — 90 Foreign SQM Comercial de México S.A. de C.V. Chile Contract supplier Dollar 5.25% 3,197 1,131 — 4,328 3,040 1,105 — 4,145 Foreign SQM Australia Pty Mexico Contract supplier Australian dollar 4.92% 5,624 18,236 — 23,860 5,618 16,916 — 22,534 Foreign SQM África Pty Mexico Contract supplier Rand 9.20% 1,276 591 659 2,526 1,182 483 581 2,246 Foreign SQM Colombia S.A.S. Belgium Contract supplier Colombian peso 2.17% 1 — — 1 1 — — 1 Foreign SQM Europe N.V. United States Contract supplier Euro 1.30% 485 485 2,586 3,556 393 405 2,383 3,181 Foreign SQM Iberian Australia Contract supplier Euro 3.25% 61 61 16 138 58 60 17 135 Total 24,281 32,165 3,790 60,236 23,276 30,185 3,505 56,966 Debtor Creditor Contract indexation unit Effective rate Nominal amounts as of December 31,2022 Amounts at amortized cost as of December 31, 2022 Tax ID No. Company Country Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 93.007.000-9 SQM S.A. Chile Contract supplier UF 3.49% 66 — — 66 65 — — 65 79.626.800-K SQM Salar S.A. Chile Contract supplier Peso 3.55% 1,176 1,176 1,078 3,430 1,104 1,133 1,064 3,301 79.626.800-K SQM Salar S.A. Chile Contract supplier UF 2.86% 5,633 1,605 347 7,585 5,363 1,545 346 7,254 79.947.100-0 SQM Industrial S.A. Chile Contract supplier UF 3.10% 4,248 5,595 2,176 12,019 3,696 5,152 2,135 10,983 96.592.190-7 SQM Nitratos S.A. Chile Contract supplier UF 3.49% 61 — — 61 60 — — 60 79.768.170-9 Soquimich Comercial S.A. Chile Contract supplier UF 2.24% 1,774 1,619 261 3,654 1,612 1,545 244 3,401 76.359.919-1 Orcoma Estudios SpA Chile Contract supplier UF 2.53% 4 — — 4 3 — — 3 76.359.919-1 Orcoma Estudios SpA Chile Contract supplier Peso 6.80% 18 26 46 90 8 11 47 66 Foreign SQM North América Corp. United States Contract supplier Dollar 3.11% 606 515 — 1,121 554 498 — 1,052 Foreign SQM Comercial de México S.A. de C.V. Mexico Contract supplier Mexican Peso 3.45% 789 362 — 1,151 738 356 — 1,094 Foreign SQM Australia PTY Australia Contract supplier Australian dollar 4.28% 3,955 5,584 23,894 33,433 3,023 1,619 16,102 20,744 Foreign SQM Colombia S.A.S. Colombia Contract supplier Colombian peso 1.90% 18 — — 18 18 — — 18 Foreign SQM África Pty South Africa Contract supplier Rand 8.51% 12 36 48 96 82 42 — 124 Foreign SQM Europe N.V. Belgium Contract supplier Euro 1.30% 888 564 — 1,452 861 559 — 1,420 Total 19,248 17,082 27,850 64,180 17,187 12,460 19,938 49,585

Intangible assets and goodwill

Intangible assets and goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible assets and goodwill [abstract]
Schedule of intangible assets and goodwill	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 As of December 31, 2022 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 3,249 Mining rights Finite 140,873 Water rights and rights of way Indefinite 4,909 Water rights Finite 11,369 Intellectual property Finite 5,850 Other intangible assets Finite 86 Intangible assets other than goodwill 166,336 Goodwill Indefinite 967 Total Intangible Asset 167,303
Schedule of intangible assets	a) Movements in identifiable intangible assets as of December 31, 2023: Movements in identifiable intangible assets IT programs Mining rights, Water rights, Water rights Intellectual Other intangible Goodwill Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ 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) At January 1, 2022 3,447 149,532 4,909 15,158 6,481 131 34,596 214,254 Additions 349 1,141 — — — 14 — 1,504 Amortization for the year (1,039) (8,482) — (3,789) (476) (59) — (13,845) Impairment losses recognized in income for the year (2) — (1,228) — — — — (33,629) (34,857) Other increases / decreases for foreign currency exchange rates (4) — — — (155) — — (159) Other increases (decreases) 496 (90) — — — — — 406 Subtotal (198) (8,659) — (3,789) (631) (45) (33,629) (46,951) As of December 31, 2022 3,249 140,873 4,909 11,369 5,850 86 967 167,303 Historical cost 36,457 162,716 7,420 18,000 7,215 2,291 4,501 238,600 Accumulated amortization (33,208) (21,843) (2,511) (6,631) (1,365) (2,205) (3,534) (71,297) (1) See Note 21.5 (2) A definition made in the fourth quarter of 2022 led to the identification of assets that are not in the company’s long-term business plan. Therefore, the Company recognized impairment for the value of certain intangible assets and associated goodwill in an amount of ThUS$34,149, which are related to the Iodine and Derivatives Cash Generating Unit.
Schedule of goodwill	(b) Movements in identifiable goodwill as of December 31, 2023 and 2022: Accumulated impairment Goodwill at the beginning Additional Impairment losses recognized in Total increase Total ThUS$ 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 Accumulated impairment Goodwill at the beginning Additional Impairment losses recognized in income for the year (-) Total increase Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. (*) 22,255 — (22,255) (22,255) — SQM Iberian S.A. 148 — — — 148 SQM Investment Corporation 86 — — — 86 Soquimich European Holding B.V. (*) 11,383 — (11,374) (11,374) 9 SQM Potasio S.A. 724 — — — 724 Ending balance 34,596 — (33,629) (33,629) 967 (*) 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.

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
Schedule of property, plant and equipment	Description of types of property, plant and equipment As of As of ThUS$ ThUS$ Property, plant and equipment, net Land 23,481 23,482 Buildings 285,487 273,913 Other property, plant and equipment 62,739 34,960 Transport equipment 9,165 9,487 Supplies and accessories 4,139 4,798 Office equipment 1,158 1,355 Network and communication equipment 1,605 1,872 Mining assets 154,715 60,284 IT equipment 2,092 3,147 Energy generating assets 2,893 3,253 Constructions in progress 1,834,041 1,328,508 Machinery, plant and equipment 1,228,422 981,779 Total 3,609,937 2,726,838 Property, plant and equipment, gross Land 23,481 23,482 Buildings 851,706 803,398 Other property, plant and equipment 291,053 250,058 Transport equipment 22,143 21,343 Supplies and accessories 31,132 29,426 Office equipment 13,346 13,141 Network and communication equipment 11,644 10,878 Mining assets 341,837 230,803 IT equipment 29,384 31,197 Energy generating assets 38,929 38,540 Constructions in progress 1,834,041 1,328,508 Machinery, plant and equipment 4,189,794 3,716,440 Total 7,678,490 6,497,214 Accumulated depreciation and value impairment of property, plant and equipment, total Accumulated depreciation and impairment of buildings (566,219) (529,485) Accumulated depreciation and impairment of other property, plant and equipment (228,314) (215,098) Accumulated depreciation and impairment of transport equipment (12,978) (11,856) Accumulated depreciation and impairment of supplies and accessories (26,993) (24,628) Accumulated depreciation and impairment of office equipment (12,188) (11,786) Accumulated depreciation and impairment of network and communication equipment (10,039) (9,006) Accumulated depreciation and impairment of mining assets (187,122) (170,519) Accumulated depreciation and impairment of IT equipment (27,292) (28,050) Accumulated depreciation and impairment of energy generating assets (36,036) (35,287) Accumulated depreciation and impairment of machinery, plant and equipment (2,961,372) (2,734,661) Total (4,068,553) (3,770,376) Description of classes of property, plant and equipment As of As of ThUS$ ThUS$ Property, plant and equipment, net Pumps 61,385 32,120 Conveyor Belt 16,589 17,135 Crystallizer 56,930 48,582 Plant Equipment 285,653 163,594 Tanks 39,422 25,923 Filter 69,246 47,976 Electrical equipment/facilities 110,255 110,275 Other Property, Plant & Equipment 68,967 112,628 Site Closure 40,696 36,673 Piping 142,013 107,481 Well 156,621 177,708 Pond 34,957 41,729 Spare Parts (1) 145,688 59,955 Total 1,228,422 981,779 ________________________________________________ (1) The reconciliation of the spare parts provisions as of December 31, 2023 and 2022 is as follows: Reconciliation As of As of ThUS$ ThUS$ Opening balance 52,072 48,262 Increase in provision 6,528 3,810 Closing balance 58,600 52,072
Schedule of reconciliation of changes in property, plant and equipment	Reconciliation of changes in property, plant and equipment by class as of December 31, 2023 and 2022: Reconciliation of changes in property, plant and equipment by class as of Land Buildings Other property, plant and equipment Transport equipment Supplies and accessories Equipment office Network and communication equipment Mining assets IT equipment Energy generating assets Assets under construction Machinery, plant and equipment Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ At January 1, 2023 23,482 273,913 34,960 9,487 4,798 1,355 1,872 60,284 3,147 3,253 1,328,508 981,779 2,726,838 Additions — — 545 — 52 8 208 — 207 — 1,091,840 2,347 1,095,207 Disposals — — — — — — — — (1) — — (17) (18) Depreciation for the year — (37,315) (13,337) (1,155) (1,809) (230) (670) (16,603) (890) (749) (179,989) (252,747) Impairment (2) — — — — — — — — — — — (47,059) (47,059) Increase (decrease) in foreign currency translation difference (6) (7) (35) (1) — (7) — — (3) — — (39) (98) Reclassifications — 48,677 40,657 801 1,099 31 195 111,059 (447) 389 (588,635) 386,174 — Other increases (decreases) (1) 5 219 (51) 33 (1) 1 — (25) 79 — 2,328 85,226 87,814 Decreases for classification as held for sale — — — — — — — — — — — — — Subtotal (1) 11,574 27,779 (322) (659) (197) (267) 94,431 (1,055) (360) 505,533 246,643 883,099 As of December 31, 2023 23,481 285,487 62,739 9,165 4,139 1,158 1,605 154,715 2,092 2,893 1,834,041 1,228,422 3,609,937 Historical cost 23,481 851,706 291,053 22,143 31,132 13,346 11,644 341,837 29,384 38,929 1,834,041 4,189,794 7,678,490 Accumulated depreciation — (566,219) (228,314) (12,978) (26,993) (12,188) (10,039) (187,122) (27,292) (36,036) — (2,961,372) (4,068,553) At January 1, 2022 23,507 270,563 32,846 2,463 5,556 1,386 1,359 38,241 3,570 3,970 731,787 896,977 2,012,225 Additions — 495 425 146 4 7 152 — 270 — 922,690 7,194 931,383 Disposals — — — — — — — — — — — (19) (19) Depreciation for the year — (32,915) (8,691) (962) (1,400) (248) (788) (12,871) (1,256) (717) — (158,865) (218,713) Impairment (2) — (156) — — — — — — — — — (7,928) (8,084) Increase (decrease) in foreign currency translation difference (5) (7) — — — (1) — — — — — (20) (33) Reclassifications 121 37,147 10,449 7,840 726 213 1,149 34,914 582 — (316,994) 223,853 — Other increases (decreases) (1) — (1,127) (69) — (88) (2) — — (19) — (8,975) 20,587 10,307 Decreases for classification as held for sale (141) (87) — — — — — — — — — — (228) Subtotal (25) 3,350 2,114 7,024 (758) (31) 513 22,043 (423) (717) 596,721 84,802 714,613 As of December 31, 2022 23,482 273,913 34,960 9,487 4,798 1,355 1,872 60,284 3,147 3,253 1,328,508 981,779 2,726,838 Historical cost 23,482 803,398 250,058 21,343 29,426 13,141 10,878 230,803 31,197 38,540 1,328,508 3,716,440 6,497,214 Accumulated depreciation — (529,485) (215,098) (11,856) (24,628) (11,786) (9,006) (170,519) (28,050) (35,287) — (2,734,661) (3,770,376) (1) The net balance of “Other Increases (Decreases)” corresponds to all those items that are reclassified to or from “Property, Plant and Equipment”, They can have the following origin: (i) work in progress which is expensed to the statement of income, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles (v) Provisions related to the investment plan and assets related to closing the site. (2) See note 21.5. This impairment corresponds to identified assets identified that will not be used in the operation due to their specific characteristics relating to the iodine and nitrate segments.
Schedule of costs for capitalized interest of property, plant and equipment	The rates and costs for capitalized interest of property, plant and equipment are detailed as follows: Costs of capitalized interest As of As of ThUS$ ThUS$ Weighted average capitalization rate of capitalized interest costs 5 % 4 % Amount of interest cost capitalized 43,331 24,708

Other current and non-current_2

Other current and non-current non-financial assets (Tables)	12 Months Ended
	Dec. 31, 2023
Other Current And Non-Current Non-Financial Assets
Schedule of other current and non-current non-financial assets	As of December 31, 2023, and 2022, the detail of “Other Current and Non-current Assets” is as follows: Other non-financial assets, current As of As of ThUS$ ThUS$ Domestic Value Added Tax 63,973 81,361 Foreign Value Added Tax 24,889 66,926 Prepaid mining licenses 1,299 1,122 Prepaid insurance 15,022 33,896 Other prepayments 3,204 1,230 Refund of Value Added Tax to exporters 19,929 3,020 Other taxes 6,142 7,512 Other assets 2,292 1,268 Total 136,750 196,335 Other non-financial assets, non-current As of As of ThUS$ ThUS$ Exploration and evaluation expenses 57,458 44,023 Guarantee deposits 950 717 Foreign VAT (1) 308,084 — Other non-current assets 7,208 7,656 Total 373,700 52,396 ________________________________________________
Schedule of changes in assets for exploration and mineral resource evaluation	Movements in assets for the exploration and evaluation of mineral resources as of December 31, 2023, and 2022: Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Opening balance 44,023 26,752 17,883 Changes Additions 12,002 11,341 8,071 Reclassifications from/to short-term (inventory) 1,049 (465) 83 Amortization of ground studies (2,131) (2,421) (1,360) Reclassification from construction in progress 2,515 8,816 2,075 Total changes 13,435 17,271 8,869 Ending balance (*) 57,458 44,023 26,752 As of December 31, 2023 and 2022, no reevaluations of assets for exploration and assessment of mineral resources have been conducted. (*) This corresponds to the sum of expenditures for economically feasible exploration and exploration under operation (long-term).
Schedule of exploration and evaluation explanatory	Explorations in execution As of As of ThUS$ ThUS$ Chile 9,062 3,699 Total 9,062 3,699
Schedule of detailed information about conciliation of explorations in execution	Conciliation of explorations in execution As of As of ThUS$ ThUS$ Opening balance 3,699 1,000 Disbursements 6,095 4,227 Reclassifications (732) (1,528) Total changes 5,363 2,699 Total 9,062 3,699
Schedule of detailed information about reimbursements for exploration and evaluation	Prospecting Type of Exploration As of As of ThUS$ ThUS$ Chile (1) Metallic/Non-Metallic 50,844 36,327 Total 50,844 36,327 ________________________________________________ (1) The value presented for Chile is composed as of December 2023 of ThUS 13,803 corresponding to non-metallic exploration and evaluation and ThUS$ 37,041 associated with metallic exploration. In December 2022, the amounts of non-metallic and metallic exploration were ThUS$ 11,417 ThUS$24,910 .
Schedule of detailed information about reconciliation of economically feasible metalic explorations	Prospecting conciliation As of As of ThUS$ ThUS$ Opening balance 36,327 18,154 Additions 12,002 11,341 Reclassifications from Exploration in execution – Chile 2,515 8,864 Reclassifications to Exploration in Exploitation-Chile — (2,032) Total changes 14,517 18,173 Total 50,844 36,327
Schedule of detailed information about short term and long term exploitation conciliation	Short-Term Exploitation Conciliation As of As of ThUS$ ThUS$ Opening balance 1,700 1,235 Amortization of ground studies — — Reclasifications from/to short term (inventories) (1,049) 465 Total changes (1,049) 465 Total 651 1,700 Long-Term Exploitation Conciliation As of As of ThUS$ ThUS$ Opening balance 7,696 8,598 Amortization of ground studies (2,131) (2,421) Reclasifications from/to short term (inventories) 1,049 1,519 Total changes (1,082) (902) Total 6,614 7,696

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
	Dec. 31, 2023
Employee Benefits
Schedule of provisions for employee benefits	Classes of benefits and expenses by employee As of As of ThUS$ ThUS$ Current Profit sharing and bonuses — 2,270 Performance bonus and operational targets 23,946 33,106 Total 23,946 35,376 Non-current Profit sharing and bonuses 18,428 8,973 Severance indemnity payments 43,578 34,899 Total 62,006 43,872
Schedule of post employment benefit obligations	Reconciliation Changes in the benefit obligation As of As of As of ThUS$ ThUS$ ThUS$ Benefit obligation at the beginning of the year 279 9,550 9,864 Current cost of service — — — Interest cost 12 255 240 Actuarial loss 180 (1,357) (135) Settlement — (7,739) — Benefits paid (185) (430) (419) Total 286 279 9,550 Reconciliation As of As of As of ThUS$ ThUS$ ThUS$ Fair value of plan assets at the start of the year 4,982 13,497 12,888 Real return (loss) in the plan assets 584 (346) 1,028 Benefits paid (185) (430) (419) Settlement — (7,739) — Fair value of plan assets at the end of the year 5,381 4,982 13,497 Non-current-assets 5,095 4,703 3,947 Elements not yet recognized as components of the cost of periodic net pensions: Net actuarial income at the beginning of the year 59 1,039 192 Settlement — (1,627) — Gain 190 647 847 Adjustment to recognize the minimum pension obligation 249 59 1,039 Cost of service or benefits received during the year As of As of As of ThUS$ ThUS$ ThUS$ Financial cost 12 255 240 Real loss in plan assets (214) (363) (316) Settlement — (1,627) — Net periodic pension expenses (202) (1,735) (76)
Schedule of staff severance indemnities	As of December 31, 2023, and 2022, severance indemnities calculated at the actuarial value are as follows: Staff severance indemnities As of As of As of ThUS$ ThUS$ ThUS$ Opening balance (34,899) (27,099) (32,199) Current cost of service (4,624) (4,204) (4,978) Interest cost (2,236) (1,928) (1,303) Actuarial gain loss (5,947) (5,305) 3,999 Exchange rate difference 769 551 4,971 Benefits paid during the year 3,359 3,086 2,411 Total (43,578) (34,899) (27,099)
Schedule of employee Actuarial assumption rate	The liability recorded for staff severance indemnity is valued at the actuarial value method, using the following actuarial assumptions: Actuarial assumptions As of As of As of Annual/Years Mortality rate RV - 2020/CB - 2020 RV - 2014 RV - 2014 Discount interest rate 5.32% 5.12% 5.67% Inflation rate 3.00% 3.41% 3.20% Voluntary retirement rate: Men 3.82 % 6.49 % 6.49 % Annual Women 3.82 % 6.49 % 6.49 % Annual Salary increase 4.01 % 3.00 % 3.00 % Annual Retirement age: Men 65 65 65 Years Women 60 60 60 Years
Schedule of sensitivity analysis of assumptions	As of December 31, 2023, 2022 and 2021, the Company has conducted a sensitivity analysis of the main assumptions of the actuarial calculation, determining the following: Sensitivity analysis as of December 31, 2023 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (2,575) 2,898 Employee turnover rate (338) 378 Sensitivity analysis as of December 31, 2022 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (2,090) 2,352 Employee turnover rate (274) 307 Sensitivity analysis as of December 31, 2021 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,614) 1,817 Employee turnover rate (212) 237

Provisions and other non-fina_2

Provisions and other non-financial liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of other provisions [abstract]
Schedule of provisions	As of December 31, 2023 As of December 31, 2022 Types of provisions Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Provision for legal complaints (1) 106 1,195 1,301 52,106 1,603 53,709 Provision for dismantling, restoration and rehabilitation cost (2) — 58,459 58,459 — 53,995 53,995 Other provisions (3) 392,216 796 393,012 1,251,040 2,455 1,253,495 Total 392,322 60,450 452,772 1,303,146 58,053 1,361,199 ________________________________________________ (1) These provisions correspond to legal processes that are pending resolution or that have not yet been disbursed, these provisions are mainly related to litigation involving the subsidiaries located in Chile, Brazil and the United States (see note 20.1). (2) Sernageomin commitments for the restoration of the location of the production sites have been incorporated. This cost value is calculated at discounted present value, using flows associated with plans with an evaluation horizon that fluctuates between 8 and 25 years for potassium-lithium operations and 11 to 22 years for nitrate-iodine operations. The rates used to discount future cash flows are based on market rates for the aforementioned terms. (3) See Note 18.2.
Schedule of other current and noncurrent provision	Current provisions, other short-term provisions As of As of ThUS$ ThUS$ Rent under Lease contract (1) 354,205 1,189,326 Provision for additional tax related to foreign loans 1,641 1,085 End of agreement bonus 6,979 35,819 Other bonuses to workers 6,933 — Directors’ per diem allowance 4,676 4,250 Miscellaneous provisions 17,782 20,560 Total 392,216 1,251,040 ________________________________________________ (1) Payment Obligations for the lease contract with CORFO: These correspond to obligations assumed in the Lease Agreement. Our subsidiary SQM Salar holds exclusive rights to exploit the mineral resources in an area covering approximately 140,000 hectares of land in the Salar de Atacama in northern Chile, of which SQM Salar is only entitled to exploit the mineral resources in 81,920 hectares. These rights are owned by Corfo and leased to SQM Salar pursuant to the Lease Agreement. Corfo cannot unilaterally amend the Lease Agreement and the Project Agreement, and the rights to exploit the resources cannot be transferred. The Lease Agreement establishes that SQM Salar is responsible for making quarterly lease payments to Corfo according to specified percentages of the value of production of minerals extracted from the Salar de Atacama brines, maintaining Corfo’s rights over the Mining Exploitation Concessions and making annual payments to the Chilean government for such concession rights. The Lease Agreement was entered into in 1993 and expires on December 31, 2030. On January 17, 2018, SQM and CORFO reached an agreement to end an arbitration process directed by the arbitrator, Mr. Héctor Humeres Noguer, in case 1954-2014 of the Arbitration and Mediation Center of Santiago Chamber of Commerce and other cases related to it. The agreement signed in January 2018, includes important amendments to the lease agreement and project agreement signed between CORFO and SQM in 1993. The main modifications became effective on April 10, 2018 and require (i) higher lease payments as a result of increased lease rates associated with the sale of the different products produced in the Salar de Atacama, including lithium carbonate, lithium hydroxide and potassium chloride; (ii) SQM Salar commits to contribute between US$10.8 and US$18.9 million per year to research and development efforts, between US$10 and US$15 million per year to the communities near the Salar de Atacama basin, and to annually contribute 1.7% of SQM Salar’s total annual sales to regional development; (iii) Corfo authorization for CCHEN to establish a total production and sales limit for lithium products produced in the Salar de Atacama of up to 349,553 metric tons of lithium metal equivalent (1,860,671 tons of lithium carbonate equivalent), which is in addition to the approximately 64,816 metric tons of lithium metal equivalent (345,015 tons of lithium carbonate equivalent) remaining from the originally authorized amount; (iv) provisions relating to the return of real estate and movable property leased to Corfo, the transfer of environmental permits to Corfo at no cost and the granting of purchase options to Corfo for production facilities and water rights in the Salar de Atacama upon termination of Corfo agreements; and (v) prohibitions on the sale of lithium brine extracted from leased mining concessions. The fee structure is as follows: Price US$/MT Li2CO3 Lease payment rate $0 - $4,000 6.8 % Over $4,000 - $5,000 8.0 % Over $5,000 - $6,000 10.0 % Over $6,000 - $7,000 17.0 % Over $7,000 - $10,000 25.0 % Over $10,000 40.0 % Price US$/MT LiOH Lease payment rate $0 - $5,000 6.8 % Over $5,000 - $6,000 8.0 % Over $6,000 - $7,000 10.0 % Over $7,000- $10,000 17.0 % Over $10,000 - $12,000 25.0 % Over $12,000 40.0 % Price US$/MT KCl Lease payment rate $0 - $300 3.0 % Over $300 - $400 7.0 % Over $400 - $500 10.0 % Over $500 - $600 15.0 % Over $600 20.0 % The Lease Agreement and the Project Agreement are subject to early termination in the case of certain default events. Under these, Corfo is obliged to use its best efforts to initiate a public bidding process or the corresponding contracting procedure for the execution of an act or contract for the exploitation of the OMA mining properties currently leased by SQM no later than June 30, 2027, and to resolve it no later than July 30, 2029.
Schedule of changes in provisions	Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 53,709 53,995 1,253,495 1,361,199 Changes Additional provisions 266 12,127 1,922,666 1,935,059 Provision used (52,707) — (2,771,422) (2,824,129) Increase (decrease) in foreign currency exchange 33 — (871) (838) Others — (7,663) (10,856) (18,519) Total Increase (decreases) (52,408) 4,464 (860,483) (908,427) Total 1,301 58,459 393,012 452,772 Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 49,741 58,592 270,371 378,704 Changes Additional provisions 3,981 7,085 3,045,758 3,056,824 Provision used — — (2,060,321) (2,060,321) Increase (decrease) in foreign currency exchange (1) (35) 4 (32) Others (12) (11,647) (2,317) (13,976) Total Increase (decreases) 3,968 (4,597) 983,124 982,495 Total 53,709 53,995 1,253,495 1,361,199 Description of items that gave rise to variations Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 10,165 61,265 95,353 166,783 Changes Additional provisions 48,012 7,302 232,254 287,568 Provision used (8,399) — (56,959) (65,358) Increase (decrease) in foreign currency exchange (37) — (35) (72) Others — (9,975) (242) (10,217) Total Increase (decreases) 39,576 (2,673) 175,018 211,921 Total 49,741 58,592 270,371 378,704
Schedule of other non-financial liabilities, current	Description of other liabilities As of As of ThUS$ ThUS$ Tax withholdings 8,750 46,518 VAT payable 33,782 43,439 Guarantees received 1,021 743 Accrual for dividend 67,219 7,370 Monthly tax provisional payments 26,160 289,326 Deferred income 4,144 19,341 Withholdings from employees and salaries payable 9,333 7,242 Accrued vacations 35,902 29,642 Other current liabilities 994 2,856 Total 187,305 446,477

Disclosures on equity (Tables)

Disclosures on equity (Tables)	12 Months Ended
	Dec. 31, 2023
Miscellaneous equity [abstract]
Schedule of controls capital management	The Company’s management controls capital management based on the following ratios: Capital Management As of December 31, As of December 31, Description (1) Calculation (1) Net Financial Debt/cash (ThUS$) 2,086,717 (721,980) Financial Debt – Financial Resources Other current Financial Liabilities + Other Non-Current Financial Liabilities– Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current Liquidity 2.33 2.29 Current Assets divided by Current Liabilities Total Current Assets / Total Current Liabilities ROE 20.78 % 79.37 % Net income the year divided by Total Equity Net income the year / Equity Adjusted EBITDA (ThUS$) 3,180,071 5,838,439 Adjusted EBITDA EBITDA – Other income – Other gains (losses) - Share of Profit of associates and joint ventures accounted for using the equity method + Other expenses by function + Net impairment gains on reversal (losses) of financial assets – Finance income – Currency differences. EBITDA (ThUS$) 3,226,202 5,817,605 EBITDA Net income + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax ROA 35.90 % 78.61 % Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments (Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) Indebtedness 0.47 (0.15) Net Financial Debt on Equity Net Financial Debt / Total Equity
Schedule of financial restrictions	The financial restrictions with respect to the bonds issued by the Company for the periods ended December 31, 2023 and 2022 are as follows. Financial restrictions As of December 31, 2023 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 19.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than Must be less than Must be less than Must be less than 1.00 1.00 1.00 1.00 Indicator or ratio determined by the company 0.47 0.47 0.47 0.47 Fulfilled YES/NO yes yes yes yes Financial restrictions As of December 31, 2022 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 19.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than Must be less than Must be less than Must be less than 1.00 1.00 1.00 1.00 Indicator or ratio determined by the company (0.15) (0.15) (0.15) (0.15) Fulfilled YES/NO yes yes yes yes
Schedule of share issues	Detail of capital classes in shares: As of December 31, 2023 As of December 31, 2022 As of December 31, 2021 Type of capital in preferred shares Series A Series B Series A Series B Series A Series B Description of type of capital in shares Number of authorized shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 Number of fully subscribed and paid shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 Number of subscribed, partially paid shares — — — — — — Increase (decrease) in the number of current shares — — — — — — Number of outstanding shares 142,818,904 142,818,904 142,818,904 142,818,904 142,818,904 142,818,904 Number of shares owned by the Company or its subsidiaries or associates 648 — 648 — 648 — Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares — — — — — — Capital amount in shares ThUS$ 134,750 1,442,893 134,750 1,442,893 134,750 1,442,893 Total number of subscribed shares 142,819,552 142,818,904 142,819,552 142,818,904 142,819,552 142,818,904 As of December 31, 2023, 2022 and 2021, this caption comprises the following: Disclosure of reserves within shareholders' equity As of As of As of ThUS$ ThUS$ ThUS$ Reserve for currency exchange conversion (1) (4,921) (8,042) (7,913) Reserve for cash flow hedges (2) (930) (14,575) (34,025) Reserve for gains and losses from financial assets measured at fair value through other comprehensive income (3) 122,294 (10,973) (11,146) Reserve for actuarial gains or losses in defined benefit plans (4) (13,454) (9,198) (4,174) Other reserves 11,881 11,663 13,103 Total 114,870 (31,125) (44,155) ________________________________________________ (1) This balance reflects retained earnings for changes in the exchange rate when converting the financial statements of subsidiaries whose functional currency is different from the US dollar. (2) The Company maintains, as hedge instruments, financial derivatives related to obligations with the public issued in UF and Chilean pesos, Changes from the fair value of derivatives designated and classified as hedges are recognized under this classification. (3) This caption includes the fair value of equity investments that are not held for trading and that the group has irrevocably opted to recognize in this category upon initial recognition. In the event that such equity instruments are fully or partially disposed of, the proportional accumulated effect of accumulated fair value will be transferred to retained earnings. (4) This caption reflects the effects of changes in actuarial assumptions, mainly changes in the discount rate.
Schedule of movement in other reserves	Movements in other reserves and changes in interest were as follows: Foreign Reserve for cash flow Reserve for actuarial gains Reserve for gains (losses) Other Total reserves Movements Before Before Deferred Before Deferred Before Deferred Before Reserves Deferred Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance as of January 1, 2021 (11,569) 6,173 (1,682) (10,527) 1,847 10,176 (3,304) 16,318 10,571 (3,139) 7,432 Movement of reserves 4,046 (66,051) — 4,648 — (12,072) — 134 (69,295) — (69,295) Reclassification adjustments (390) 13,289 — — — — — (3,349) 9,550 — 9,550 Related taxes — — 14,246 — (142) — 3,818 — — 17,922 17,922 Reclassification to retained earnings — — — — — (13,375) 3,611 — (13,375) 3,611 (9,764) Closing balance as of December 31, 2021 (7,913) (46,589) 12,564 (5,879) 1,705 (15,271) 4,125 13,103 (62,549) 18,394 (44,155) Movement of reserves (129) 36,079 — (6,276) — 190 — (985) 28,879 — 28,879 Reclassification adjustments — (9,457) — — — — — (455) (9,912) — (9,912) Related taxes — — (7,172) — 1,252 — (17) — — (5,937) (5,937) Closing balance as of December 31, 2022 (8,042) (19,967) 5,392 (12,155) 2,957 (15,081) 4,108 11,663 (43,582) 12,457 (31,125) Movement of reserves 3,121 126 — (5,836) — 190,509 — 218 188,138 — 188,138 Reclassification adjustments — 18,566 — — — — — — 18,566 — 18,566 Related taxes — — (5,047) — 1,580 — (57,242) — — (60,709) (60,709) Closing balance as of December 31, 2023 (4,921) (1,275) 345 (17,991) 4,537 175,428 (53,134) 11,881 163,122 (48,252) 114,870 ________________________________________________ (1) See details on reserves for foreign currency translation differences on conversion in Note 23, letter b).
Schedule of legal reserves reported in the individual financial statements of the subsidiaries	Subsidiary – Associate As of As of As of ThUS$ ThUS$ ThUS$ SQM Iberian S.A. 9,464 9,464 9,464 SQM Europe NV 1,957 1,957 1,957 Soquimich European holding B.V. 828 828 828 Abu Dhabi Fertilizer Industries WWL — — 455 Soquimich Comercial S.A. (393) (401) — SQM Vitas Fzco. 85 85 (38) Pavoni & C. Spa 7 7 7 SAS Adionics 116 — — SQM Australia Pty Ltd 94 — — SQM Iberian S.A. (1,677) (1,677) (1,677) Orcoma Estudios SPA 2,121 2,121 2,121 SQM Industrial S.A. — — 707 Others (721) (721) (721) Total Other reserves 11,881 11,663 13,103
Schedule of noncontrolling interests	% of interests in the Net income attributable to non-controlling interests for the year ended Equity, non-controlling interests for the year ended Dividends paid to non-controlling interests for the year ended Subsidiary As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Potasio S.A. 0.0000001% — — — — — — Ajay SQM Chile S.A. 49.00000% 3,238 2,415 9,795 8,986 2,428 1,811 Soquimich Comercial S.A. 39.36168% 3,838 5,558 26,435 26,383 3,837 5,558 Comercial Agrorama Ltda. (1) 30.00000% — — — — — — SQM Indonesia S.A. 20.00000% — — — — — — SQM Thailand Limited 0.00200% — — — — — — Total 7,076 7,973 36,230 35,369 6,265 7,369 (1) As of December 31, 2022, a 30% non-controlling interest was acquired by Comercial Hydro S.A., a Company subsidiary.
Schedule of dividends	Dividends discounted from equity from January to December 2023 and 2022 were the following: Dividends As of As of As of ThUS$ ThUS$ ThUS$ Interim dividend 542,847 2,204,229 157,774 Final dividend 920,819 — 399,998 Dividend according to policy 60,953 — 27,681 Owners of the Parent 1,524,619 2,204,229 585,453 Dividend eventual — — 5,904 Dividends according to policy 6,266 7,369 6,504 Non-controlling interests 6,266 7,369 12,408 Dividends discounted from equity for the period 1,530,885 2,211,598 597,861

Gains (losses) from operating_2

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature (Tables)	12 Months Ended
	Dec. 31, 2023
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Schedule of revenue from operating activities customer activities	The Group derives revenues from the sale of goods (which are recognized at one point in time) and from the provision of services (which are recognized over time) and are distributed among the following geographical areas and main product and service lines: (a) Geographic areas: For the year ended December 31, 2023 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 109,669 1,603 2,327 31,356 1,136 23,590 169,681 Latin America and the Caribbean 76,157 21,523 7,289 93,868 10,489 973 210,299 Europe 128,370 368,696 278,360 30,357 21,054 1,275 828,112 North America 411,586 122,025 134,768 67,232 47,074 926 783,611 Asia and Others 188,130 378,304 4,757,370 56,237 95,470 276 5,475,787 Total 913,912 892,151 5,180,114 279,050 175,223 27,040 7,467,490 For the year ended December 31, 2022 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 128,829 1,523 1,854 64,409 1,199 25,334 223,148 Latin America and the Caribbean 125,712 16,328 5,275 179,621 11,820 1,185 339,941 Europa 196,930 288,854 390,832 27,275 27,725 942 932,558 North America 489,327 141,683 151,152 71,711 59,402 912 914,187 Asia and Others 231,536 305,951 7,603,826 94,164 65,054 213 8,300,744 Total 1,172,334 754,339 8,152,939 437,180 165,200 28,586 10,710,578 For the year ended December 31, 2021 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 136,523 1,538 901 50,573 4,125 25,988 219,648 Latin America and the Caribbean 88,990 10,198 4,905 214,304 7,367 523 326,287 Europa 179,744 173,329 75,674 33,948 18,662 1,408 482,765 North America 314,895 102,746 50,349 57,682 29,860 2,470 558,002 Asia and Others 188,663 150,120 804,292 60,085 71,997 456 1,275,613 Total 908,815 437,931 936,121 416,592 132,011 30,845 2,862,315
Schedule of main product and service lines	Main product and service lines: For the period from January to December of the year Products and Services 2023 2022 2021 ThUS$ ThUS$ ThUS$ Specialty plant nutrition 913,912 1,172,334 908,815 - Sodium Nitrates 25,056 21,294 24,829 - Potassium nitrate and sodium potassium nitrate 502,349 700,081 539,336 - Specialty Blends 235,290 285,027 234,369 - Other specialty fertilizers 151,217 165,932 110,281 Iodine and derivatives 892,151 754,339 437,931 Lithium and derivatives 5,180,114 8,152,939 936,121 Potassium 279,050 437,180 416,592 Industrial chemicals 175,223 165,200 132,011 Other 27,040 28,586 30,845 Total 7,467,490 10,710,578 2,862,315
Schedule of cost of sales	Cost of sales Cost of sales broken down by nature of expense: For the period from January Nature of expense 2023 2022 2021 ThUS$ ThUS$ ThUS$ Raw materials and consumables used (687,116) (561,709) (345,356) Classes of employee benefit expenses (308,972) (308,744) (211,771) Depreciation expense (252,746) (218,714) (195,678) Depreciation of Right-of-use Assets (contracts under IFRS 16) (11,719) (6,549) (5,963) Amortization expense (12,415) (16,413) (9,737) Investment plan expenses (25,638) (18,293) (15,059) Provision for materials, spare parts and supplies (10,065) (7,099) (505) Contractors (226,180) (194,295) (157,571) Operating leases (84,423) (71,420) (67,106) Mining patents (7,560) (14,585) (7,325) Operational transportation (107,074) (91,130) (76,004) Freight / product transportation costs (104,664) (94,727) (77,353) Purchase of products from third parties (422,023) (473,742) (329,464) Insurance (55,204) (43,323) (21,869) Corfo rights and other agreements (1,868,850) (3,272,897) (247,604) Export costs (158,621) (153,162) (99,212) Expenses related to variable lease payments (contracts under IFRS 16) (4,700) (3,631) (1,313) Variation in gross inventory 20,024 628,671 85,709 Variation in inventory provision (29,711) (27,324) 5,038 Other (34,779) (24,867) 5,935 Total (4,392,436) (4,973,953) (1,772,208)
Schedule of other income	For the period from January Other income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Discounts obtained from suppliers 2,002 1,404 896 Fines charged to suppliers 4,118 593 83 Amounts recovered from insurance 1,242 1,646 1,811 Overestimate of provisions for third-party obligations 1,272 86 293 Sale of assets classified as properties, plant and equipment 11 365 287 Sales of materials, spare parts and supplies 147 246 2,121 Options on mining properties 376 1,126 8,796 Easements, pipelines and roads 5,205 2,106 4,949 Government Grants (1) 24,387 — — Others 1,797 2,282 316 Total 40,557 9,854 19,552 ( 1) The Company received an unconditional government grant for US$24,387 in September 2023, related to the permanence of its commercial office of SQM Shanghai Chemicals Co. Ltd. in the current district, which was recognized as part of this category
Schedule of administrative expenses	For the period from January Administrative expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Employee benefit expenses (75,450) (63,713) (60,552) Marketing costs (6,611) (5,661) (2,415) Amortization expenses (444) (126) (118) Entertainment expenses (6,067) (5,576) (4,906) Advisory services (32,562) (27,235) (17,332) Lease of buildings and facilities (4,331) (3,829) (3,478) Insurance (3,778) (3,011) (3,901) Office expenses (9,230) (8,596) (6,363) Contractors (11,067) (7,283) (5,106) Depreciation of Right-of-use Assets (contracts under IFRS 16) (3,463) (2,656) (2,743) Other expenses (22,762) (14,958) (11,979) Total (175,765) (142,644) (118,893)
Schedule of other expenses	For the period from January Other expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Impairment (losses) /reversals of impairment losses recognized in income for the year Properties, plant and equipment (47,059) (8,084) (5,582) Intangible assets other than goodwill — (520) (478) Goodwill (9) (33,629) — Subtotal (47,068) (42,233) (6,060) Other expenses, by nature Legal expenses 17,127 (6,841) (42,254) VAT and other unrecoverable taxes (2,683) (5,694) (1,015) Fines paid (542) (617) (882) Investment plan expenses (13,255) (727) 1 Exploration expenses — — (284) Contributions and donations (38,756) (19,096) (9,037) Other operating expenses (8,223) (763) (1,074) Subtotal (46,332) (33,738) (54,545) Total (93,400) (75,971) (60,605)
Schedule of other gains (losses)	For the period from January Other (losses) income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Sale of investments in associates — 60 — Adjust previous year application method of participation (378) (1) — Reversal/Impairment of interests in associates 626 1,349 (2,009) Sale of investments in joint ventures (2,599) — — Others 97 (1,291) (629) Total (2,254) 117 (2,638)
Schedule of (impairment) reversal of losses of financial assets	For the period from January Impairment of financial assets and reversal of impairment losses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Impairment of financial assets and reversal of impairment losses (See Note 12.2) 202 3,369 (235) Totals 202 3,369 (235)
Schedule of expenses by nature	The following summary considers notes 21.2, 21.4 and 21.5. For the period from January Expenses by nature 2023 2022 2021 ThUS$ ThUS$ ThUS$ Raw materials and consumables (687,116) (561,709) (345,356) Employee benefit expenses (384,422) (372,457) (272,323) Depreciation expense (252,746) (218,714) (195,678) Depreciation of right-of-use assets (15,182) (9,205) (8,706) Impairment of properties, plant and equipment, intangible and Goodwill (47,068) (42,233) (6,060) Amortization expense (12,859) (16,539) (9,855) Legal expenses 17,127 (6,841) (42,254) Investment plan expenses (38,893) (19,020) (15,058) Exploration expenses — — (284) Provision for materials, spare parts and supplies (10,065) (7,099) (505) Contractors (237,247) (201,578) (162,677) Operational leases (88,754) (75,249) (70,584) Mining patents (7,560) (14,585) (7,325) Operational transportation (107,074) (91,130) (76,004) Freight and product transportation costs (104,664) (94,727) (77,353) Purchase of products from third parties (422,023) (473,742) (329,464) Corfo rights and other agreements (1,868,850) (3,272,897) (247,604) Export costs (158,621) (153,162) (99,212) Expenses related to variable lease payments (contracts under IFRS 16) (4,700) (3,631) (1,313) Insurance (58,982) (46,334) (25,770) Consultant and advisor services (32,562) (27,235) (17,332) Variation in gross inventory 20,024 628,671 85,709 Variation in inventory provision (29,711) (27,324) 5,038 Other expenses (129,653) (85,828) (31,736) Total expenses by nature (4,661,601) (5,192,568) (1,951,706)
Schedule of finance expenses	For the period from January Finance expenses 2023 2022 2021 ThUS$ ThUS$ ThUS$ Interest expense from bank borrowings and overdrafts (3,890) (3,065) (2,664) Interest expense from bonds (106,871) (108,387) (90,859) Interest expense from loans (55,926) (2,098) (1,135) Reversal of capitalized interest expenses 43,331 24,708 14,206 Financial expenses for restoration and rehabilitation provisions 2,368 9,357 (1,259) Interest on lease agreement (2,038) (1,226) (1,587) Other finance costs (15,376) (5,940) (1,328) Total (138,402) (86,651) (84,626)
Schedule of finance income	For the period from January Finance income 2023 2022 2021 ThUS$ ThUS$ ThUS$ Interest from term deposits 81,981 31,122 3,635 Interest from marketable securities 31,920 10,252 68 Interest from maintenance of minimum bank balance in current account 12 6 2 Other finance income 4,614 3,318 107 Other finance interests 4,199 2,340 856 Total 122,726 47,038 4,668

Reportable segments (Tables)

Reportable segments (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of operating segments [abstract]
Schedule of reportable segments	Operating segment items for the year ended December 31, 2023 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 913,912 892,151 5,180,114 175,223 279,050 27,040 7,467,490 7,467,490 — 7,467,490 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 913,912 892,151 5,180,114 175,223 279,050 27,040 7,467,490 7,467,490 — 7,467,490 Costs of sales (691,509) (355,717) (2,955,669) (141,351) (219,597) (28,593) (4,392,436) (4,392,436) — (4,392,436) Administrative expenses — — — — — — — — (175,765) (175,765) Finance expense — — — — — — — — (138,402) (138,402) Depreciation and amortization expense (70,342) (53,140) (124,010) (15,232) (18,006) (57) (280,787) (280,787) — (280,787) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 593 593 Income before taxes 222,403 536,434 2,224,445 33,872 59,453 (1,553) 3,075,054 3,075,054 (268,036) 2,807,018 Income tax expense — — — — — — — — (1,876,751) (1,876,751) Net income (loss) 222,403 536,434 2,224,445 33,872 59,453 (1,553) 3,075,054 3,075,054 (2,144,787) 930,267 Assets — — — — — — — — 10,778,837 10,778,837 Equity-accounted investees — — — — — — — — 86,417 86,417 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 2,785,385 2,785,385 Liabilities — — — — — — — — 6,301,408 6,301,408 Impairment loss of financial assets recognized in income — — 202 202 Impairment loss of non-financial assets recognized in income — — — — — — — — (47,068) (47,068) Cash flows Cash flows from operating activities — — — — — — — — (196,639) (196,639) Cash flows used in investing activities — — — — — — — — (1,481,493) (1,481,493) Cash flows from financing activities — — — — — — — — 66,261 66,261 Operating segment items for the year ended December 31, 2022 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 1,172,334 754,339 8,152,939 165,200 437,180 28,586 10,710,578 10,710,578 — 10,710,578 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 1,172,334 754,339 8,152,939 165,200 437,180 28,586 10,710,578 10,710,578 — 10,710,578 Costs of sales (722,261) (282,100) (3,636,852) (112,247) (193,581) (26,912) (4,973,953) (4,973,953) — (4,973,953) Administrative expenses — — — — — — — — (142,644) (142,644) Finance expense — — — — — — — — (86,651) (86,651) Depreciation and amortization expense (63,321) (53,734) (88,510) (14,724) (24,043) (126) (244,458) (244,458) — (244,458) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 20,159 20,159 Income before taxes 450,073 472,239 4,516,087 52,953 243,599 1,674 5,736,625 5,736,625 (250,129) 5,486,496 Income tax expense — — — — — — — — (1,572,212) (1,572,212) Net income (loss) 450,073 472,239 4,516,087 52,953 243,599 1,674 5,736,625 5,736,625 (1,822,341) 3,914,284 Assets — — — — — — — — 10,819,101 10,819,101 Equity-accounted investees — — — — — — — — 54,386 54,386 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 1,757,581 1,757,581 Liabilities — — — — — — — — 5,887,100 5,887,100 Impairment loss of financial assets recognized in income — — 3,369 3,369 Impairment loss of non-financial assets recognized in income — — — — — — — — (42,233) (42,233) Cash flows Cash flows from operating activities — — — — — — — — 4,077,595 4,077,595 Cash flows used in investing activities — — — — — — — — (909,401) (909,401) Cash flows from financing activities — — — — — — — — (2,002,969) (2,002,969) Operating segment items for the year ended December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 — 2,862,315 Revenues from transactions with other operating segments of the same entity — — — — — — — — — — Revenues from external customers and transactions with other operating segments of the same entity 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 — 2,862,315 Costs of sales (646,930) (240,341) (494,794) (109,067) (253,125) (27,951) (1,772,208) (1,772,208) — (1,772,208) Administrative expenses — — — — — — — — (118,893) (118,893) Finance expense — — — — — — — — (84,626) (84,626) Depreciation and amortization expense (58,808) (41,215) (65,014) (13,743) (35,290) (169) (214,239) (214,239) — (214,239) The entity’s interest in the income of associates and joint ventures accounted for by the equity method — — — — — — — — 11,132 11,132 Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (248,886) 841,221 Income tax expense — — — — — — — — (249,016) (249,016) Net income (loss) 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (497,902) 592,205 Assets — — — — — — — — 7,180,201 7,180,201 Equity-accounted investees — — — — — — — — 39,824 39,824 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts — — — — — — — — 152,663 152,663 Other Liabilities — — — — — — — — 3,964,230 3,964,230 Impairment loss of financial assets recognized in income — — — — — — — — (235) (235) Impairment loss of non-financial assets recognized in income — — — — — — — — (6,060) (6,060) Cash flows Cash flows from operating activities — — — — — — — — 822,520 822,520 Cash flows used in investing activities — — — — — — — — (1,006,943) (1,006,943) Cash flows from financing activities — — — — — — — — 1,206,485 1,206,485 Items in the statement of comprehensive income for the year ended December 31,2023 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 913,912 892,151 5,180,114 175,223 279,050 27,040 — 7,467,490 Costs of sales (691,509) (355,717) (2,955,669) (141,351) (219,597) (28,593) — (4,392,436) Gross profit 222,403 536,434 2,224,445 33,872 59,453 (1,553) — 3,075,054 Other incomes by function — — — — — — 40,557 40,557 Administrative expenses — — — — — — (175,765) (175,765) Other expenses by function — — — — — — (93,400) (93,400) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — 202 202 Other losses — — — — — — (2,254) (2,254) Financial income — — — — — — 122,726 122,726 Financial costs — — — — — — (138,402) (138,402) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 593 593 Exchange differences — — — — — — (22,293) (22,293) Income before taxes 222,403 536,434 2,224,445 33,872 59,453 (1,553) (268,036) 2,807,018 Income tax expense — — — — — — (1,876,751) (1,876,751) Net income 222,403 536,434 2,224,445 33,872 59,453 (1,553) (2,144,787) 930,267 Items in the statement of comprehensive income for the year ended December 31,2022 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 1,172,334 754,339 8,152,939 165,200 437,180 28,586 — 10,710,578 Costs of sales (722,261) (282,100) (3,636,852) (112,247) (193,581) (26,912) — (4,973,953) Gross profit 450,073 472,239 4,516,087 52,953 243,599 1,674 — 5,736,625 Other incomes by function — — — — — — 9,854 9,854 Administrative expenses — — — — — — (142,644) (142,644) Other expenses by function — — — — — — (75,971) (75,971) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — 3,369 3,369 Other gains — — — — — — 117 117 Financial income — — — — — — 47,038 47,038 Financial costs — — — — — — (86,651) (86,651) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 20,159 20,159 Exchange differences — — — — — — (25,400) (25,400) Income before taxes 450,073 472,239 4,516,087 52,953 243,599 1,674 (250,129) 5,486,496 Income tax expense — — — — — — (1,572,212) (1,572,212) Net income 450,073 472,239 4,516,087 52,953 243,599 1,674 (1,822,341) 3,914,284 Items in the statement of comprehensive income for the year ended December 31,2021 Specialty plant nutrients Iodine and its derivatives Lithium and its derivatives Industrial chemicals Potassium Other products and services Corporate Unit Total segments and Corporate unit ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 — 2,862,315 Cost of sales (646,930) (240,341) (494,794) (109,067) (253,125) (27,951) — (1,772,208) Gross profit 261,885 197,590 441,327 22,944 163,467 2,894 — 1,090,107 Other incomes by function — — — — — — 19,552 19,552 Administrative expenses — — — — — — (118,893) (118,893) Other expenses by function — — — — — — (60,605) (60,605) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 — — — — — — (235) (235) Other losses — — — — — — (2,638) (2,638) Financial income — — — — — — 4,668 4,668 Financial costs — — — — — — (84,626) (84,626) Interest in the income of associates and joint ventures accounted for by the equity method — — — — — — 11,132 11,132 Exchange differences — — — — — — (17,241) (17,241) Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 (248,886) 841,221 Income tax expense — — — — — — (249,016) (249,016) Net income from continuing operations 261,885 197,590 441,327 22,944 163,467 2,894 (497,902) 592,205
Schedule of geographical areas	Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue at December 31, 2023 169,681 210,299 828,112 783,611 5,475,787 7,467,490 Non-current assets at December 31, 2023 Investment accounted for under the equity method — 22,490 42,726 17,657 3,544 86,417 Intangible assets other than goodwill 67,671 360 6,440 876 80,527 155,874 Goodwill — 86 148 724 — 958 Property, plant and equipment, net 2,888,778 776 14,485 6,322 699,576 3,609,937 Right-of-use assets 32,359 19 3,716 8,619 28,480 73,193 Other non-current assets 60,363 18 — 5,099 308,220 373,700 Non-current assets 3,049,171 23,749 67,515 39,297 1,120,347 4,300,079 Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue for the year ended December 31, 2022 223,148 339,940 932,558 914,187 8,300,745 10,710,578 Non-current assets at December 31, 2022 Investment accounted for under the equity method — 20,792 15,939 17,655 — 54,386 Intangible assets other than goodwill 75,666 428 6,497 1,345 82,400 166,336 Goodwill — 86 158 723 — 967 Property, plant and equipment, net 2,269,923 743 14,978 4,506 436,688 2,726,838 Right-of-use assets 32,312 47 1,651 2,739 24,118 60,867 Other non-current assets 46,640 17 6 4,706 1,027 52,396 Non-current assets 2,424,541 22,113 39,229 31,674 544,233 3,061,790 Segments by geographical areas Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue for the year ended December 31, 2021 219,648 326,287 482,765 558,002 1,275,613 2,862,315 Non-current assets at December 31, 2021 Investment accounted for under the equity method — 8,683 15,242 15,899 — 39,824 Intangible assets other than goodwill 89,019 496 6,996 1,809 81,338 179,658 Goodwill 22,979 86 11,531 — — 34,596 Property, plant and equipment, net 1,815,997 671 11,380 3,704 180,473 2,012,225 Right-of-use assets 29,803 68 2,040 3,351 17,346 52,608 Other non-current assets 27,626 16 6 3,950 1,889 33,487 Non-current assets 1,985,424 10,020 47,195 28,713 281,046 2,352,398

Effect of fluctuations in for_2

Effect of fluctuations in foreign currency exchange rates (Tables)	12 Months Ended
	Dec. 31, 2023
Effect Of Fluctuations In Foreign Currency Exchange Rates
Schedule of reserves for foreign currency exchange differences	As of December 31, 2023, and 2022, are detailed as follows: Details As of As of As of ThUS$ ThUS$ ThUS$ Changes in equity generated by the equity method value through conversion: Comercial Hydro S.A. 1,004 1,004 1,004 SQMC Internacional Ltda. (9) (9) (9) Proinsa Ltda. (10) (10) (10) Comercial Agrorama Ltda. 188 175 155 Isapre Norte Grande Ltda. (147) (130) (121) Almacenes y Depósitos Ltda. 662 568 305 Sacal S.A. (3) (3) (3) Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. (41) (38) (36) Agrorama S.A. 730 666 628 SQM Vitas Fzco (1,164) (3,614) (4,165) Ajay Europe (1,529) (1,911) (1,413) SQM Oceanía Pty Ltd. (579) (579) (579) SQM Indonesia S.A. (124) (124) (124) Abu Dhabi Fertillizers Industries WWL. — — 372 SQM Holland B.V. 99 99 99 SQM Thailand Limited (68) (68) (68) SQM Europe (1,983) (1,983) (1,983) SQM Australia Pty Ltd. (1,643) (1,642) (1,732) Pavoni & C. Spa (224) (363) (153) SQM Colombia S.A.S. (80) (80) (80) Total (4,921) (8,042) (7,913)

Disclosures on the effects of_2

Disclosures on the effects of fluctuations in foreign currency exchange rates (Tables)	12 Months Ended
	Dec. 31, 2023
Foreign exchange rates [abstract]
Schedule of assets held in foreign currency subject to fluctuations in exchange rates	Class of Asset Currency As of As of ThUS$ ThUS$ Cash and cash equivalents USD 855,001 1,637,507 Cash and cash equivalents CLP 3,425 806,106 Cash and cash equivalents CNY 31,362 92,394 Cash and cash equivalents EUR 11,183 14,963 Cash and cash equivalents GBP 26 1 Cash and cash equivalents AUD 108,883 89,602 Cash and cash equivalents MXN 649 1,406 Cash and cash equivalents AED 6 2 Cash and cash equivalents JPY 899 686 Cash and cash equivalents NOK 8 — Cash and cash equivalents ZAR 10,559 11,647 Cash and cash equivalents KRW 19,364 918 Cash and cash equivalents IDR 3 3 Cash and cash equivalents PLN 1 1 Subtotal cash and cash equivalents 1,041,369 2,655,236 Other current financial assets USD 879,612 722,165 Other current financial assets BRL 10 39 Other current financial assets CLP 446,221 239,151 Subtotal other current financial assets 1,325,843 961,355 Other current non-financial assets USD 22,092 35,237 Other current non-financial assets AUD 4,870 9,516 Other current non-financial assets CLF 227 259 Other current non-financial assets CLP 85,079 85,608 Other current non-financial assets CNY 529 56,404 Other current non-financial assets EUR 1,304 1,046 Other current non-financial assets COP 294 217 Other current non-financial assets MXN 2,014 4,685 Other current non-financial assets THB 2 2 Other current non-financial assets JPY 2,267 158 Other current non-financial assets ZAR 41 3,203 Other current non-financial assets KRW 18,031 — Subtotal other non-financial current assets 136,750 196,335 Trade and other receivables USD 516,261 788,596 Trade and other receivables BRL 8 22 Trade and other receivables CLF 1,330 550 Trade and other receivables CLP 61,146 58,412 Trade and other receivables CNY 282,117 161,492 Trade and other receivables EUR 25,542 36,318 Trade and other receivables GBP 147 76 Trade and other receivables MXN 670 889 Trade and other receivables AED 1,467 3,116 Trade and other receivables JPY 382 129 Trade and other receivables AUD 2,598 1,708 Trade and other receivables ZAR 12,295 33,361 Trade and other receivables KRW 8 — Trade and other receivables COP 3,210 2,751 Subtotal trade and other receivables 907,181 1,087,420 Class of Asset Currency As of As of ThUS$ ThUS$ Receivables from related parties USD 40,236 79,331 Receivables from related parties EUR 3,017 1,250 Receivables from related parties AUD — 1,041 Subtotal receivables from related parties 43,253 81,622 Current inventories USD 1,774,594 1,784,281 Subtotal Current Inventories 1,774,594 1,784,281 Current tax assets USD 611,841 127,068 Current tax assets BRL 2 1 Current tax assets CLP 3,637 2,125 Current tax assets EUR 13,556 14,042 Current tax assets MXN 5,216 59 Current tax assets JPY 11 — Current tax assets CNY — 77,397 Current tax assets ZAR 29 28 Current tax assets COP 2,741 1,481 Current tax assets KRW — 2,713 Subtotal current tax assets 637,033 224,914 Non-current assets or groups of assets classified as held for sale USD 118 346 Subtotal Non-current assets or groups of assets classified as held for sale 118 346 Total current assets 5,866,141 6,991,509 Other non-current financial assets USD 248,281 32,126 Subtotal Other non-current financial assets 248,281 32,126 Other non-current non-financial assets USD 65,616 52,396 Other non-current non-financial assets CNY 308,084 — Subtotal Other non-current non-financial assets 373,700 52,396 Other receivables, non-current USD 705 713 Other receivables, non-current CLF 9 77 Other receivables, non-current MXN 179 88 Other receivables, non-current KRW 667 — Other receivables, non-current CLP 999 1,213 Subtotal Other receivables, non-current 2,559 2,091 Investments classified using the equity method of accounting USD 76,532 22,959 Investments classified using the equity method of accounting AED 2,778 19,597 Investments classified using the equity method of accounting EUR 7,107 11,830 Subtotal Investments classified using the equity method of accounting 86,417 54,386 Intangible assets other than goodwill USD 155,874 166,336 Subtotal intangible assets other than goodwill 155,874 166,336 Purchases goodwill, gross USD 958 967 Subtotal Purchases goodwill, gross 958 967 Property, plant and equipment USD 3,609,937 2,726,838 Subtotal property, plant and equipment 3,609,937 2,726,838 Right-of-use assets USD 73,193 60,867 Subtotal Right-of-use assets 73,193 60,867 Non-current tax assets USD 59,541 127,114 Subtotal non-current tax assets 59,541 127,114 Deferred tax assets USD 302,236 604,471 Subtotal Deferred tax assets 302,236 604,471 Total non-current assets 4,912,696 3,827,592 Total assets 10,778,837 10,819,101
Schedule of liabilities held in foreign currencies	As of December 31, 2023 As of December 31, 2022 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current liabilities Other current financial liabilities USD 773,314 462,656 1,235,970 120,652 381,922 502,574 Other current financial liabilities CLF 20,191 338 20,529 20,094 331 20,425 Subtotal other current financial liabilities 793,505 462,994 1,256,499 140,746 382,253 522,999 Lease liabilities, current USD — 9,293 9,293 — 6,549 6,549 Lease liabilities, current CLF — 2,284 2,284 — 2,331 2,331 Lease liabilities, current MXN — 3,573 3,573 — 436 436 Lease liabilities, current EUR — 438 438 — 387 387 Lease liabilities, current AUD — 2,604 2,604 — 2,446 2,446 Subtotal Lease liabilities, current — 18,192 18,192 — 12,149 12,149 Trade and other payables USD 87,043 7,310 94,353 121,260 110 121,370 Trade and other payables CLF 3,614 — 3,614 2,618 — 2,618 Trade and other payables BRL 12 — 12 10 — 10 Trade and other payables THB 4 — 4 4 — 4 Trade and other payables CLP 227,990 52 228,042 162,470 — 162,470 Trade and other payables CNY 28,562 — 28,562 4,757 — 4,757 Trade and other payables EUR 52,883 6,399 59,282 56,118 564 56,682 Trade and other payables GBP 18 — 18 18 — 18 Trade and other payables MXN 1,499 — 1,499 802 — 802 Trade and other payables AUD 32,439 7 32,446 24,394 — 24,394 Trade and other payables ZAR 984 — 984 1,256 — 1,256 Trade and other payables AED — — — 72 — 72 Trade and other payables JPY — — — — — — Trade and other payables CHF 21 — 21 32 — 32 Trade and other payables COP 302 — 302 115 — 115 Trade and other payables CAD 2 — — — Trade and other payables KRW 492 — 492 189 — 189 Subtotal trade and other payables 435,865 13,768 449,633 374,115 674 374,789 Trade payables due to related parties AUD 2,346 — 2,346 — — — Subtotal Trade payables due to related parties 2,346 — 2,346 — — — Other current provisions USD 384,972 6,793 391,765 1,300,878 2,051 1,302,929 Other current provisions CLP 332 — 332 — 217 217 Other current provisions JPY 225 — 225 — — — As of December 31, 2023 As of December 31, 2022 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Subtotal other current provisions 385,529 6,793 392,322 1,300,878 2,268 1,303,146 Current tax liabilities USD 162,743 9,805 172,548 — 348,658 348,658 Current tax liabilities CLP — 513 513 — 999 999 Current tax liabilities EUR — 4,850 4,850 — 1,386 1,386 Current tax liabilities MXN — — — — 5,568 5,568 Current tax liabilities AUD — 169 169 — — — Current tax liabilities KRW — 5,197 5,197 — — — Current tax liabilities CNY — 356 356 — — — Subtotal current tax liabilities 162,743 20,890 183,633 — 356,611 356,611 Provisions for employee benefits, current USD 21,575 — 21,575 25,867 8,631 34,498 Provisions for employee benefits, current AUD 492 — 492 390 — 390 Provisions for employee benefits, current EUR 560 — 560 385 — 385 Provisions for employee benefits, current CLP 1,117 — 1,117 — — — Provisions for employee benefits, current MXN 202 — 202 103 — 103 Subtotal Provisions for employee benefits, current 23,946 — 23,946 26,745 8,631 35,376 Other current non-financial liabilities USD 57,114 61,037 118,151 393,401 98 393,499 Other current non-financial liabilities BRL 17 — 17 1 — 1 Other current non-financial liabilities CLP 32,780 24,787 57,567 8,281 39,456 47,737 Other current non-financial liabilities CNY 134 — 134 92 — 92 Other current non-financial liabilities EUR 669 969 1,638 1,564 250 1,814 Other current non-financial liabilities MXN 966 16 982 725 14 739 Other current non-financial liabilities JPY 49 — 49 47 — 47 Other current non-financial liabilities PEN — — — — — — Other current non-financial liabilities COP 202 — 202 250 — 250 Other current non-financial liabilities ARS — — — 26 — 26 Other current non-financial liabilities ZAR 550 — 550 — 1 1 Other current non-financial liabilities KRW 8,015 — 8,015 2,271 — 2,271 Subtotal other current non-financial liabilities 100,496 86,809 187,305 406,658 39,819 446,477 Total current liabilities 1,904,430 609,446 2,513,876 2,249,142 802,405 3,051,547 As of December 31, 2023 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD 249,963 195,833 99,685 — 2,271,326 2,816,807 Other non-current financial liabilities CLF — — — — 396,615 396,615 Subtotal Other non-current financial liabilities 249,963 195,833 99,685 — 2,667,941 3,213,422 Non-current lease liabilities USD — 13,059 — 4,843 — 17,902 Non-current lease liabilities CLP — — — 21 — 21 Non-current lease liabilities CLF — 8,971 — — — 8,971 Non-current lease liabilities MXN — — — 4,235 — 4,235 Non-current lease liabilities EUR — — — 3,315 — 3,315 Non-current lease liabilities AUD — — — 22,522 — 22,522 Subtotal non-current lease liabilities — 22,030 — 34,936 — 56,966 Non-current Trade and other payables USD — — — — — — Subtotal Non-current Trade and other payables — — — — — — Other non-current provisions USD — 27,599 — — 32,851 60,450 Subtotal Other non-current provisions — 27,599 — — 32,851 60,450 Deferred tax liabilities USD — 394,688 — — — 394,688 Subtotal Deferred tax liabilities — 394,688 — — — 394,688 Provisions for employee benefits, non-current USD 10,008 8,066 — — 440 18,514 Provisions for employee benefits, non-current CLP 42,813 — — — — 42,813 Provisions for employee benefits, non-current MXN 314 — — — — 314 Provisions for employee benefits, non-current AUD — — — — 91 91 Provisions for employee benefits, non-current JPY 218 — — — — 218 Provisions for employee benefits, non-current EUR 56 — — — — 56 Subtotal Provisions for employee benefits, non-current 53,409 8,066 — — 531 62,006 Total non-current liabilities 303,372 648,216 99,685 34,936 2,701,323 3,787,532 Total liabilities 6,301,408 As of December 31, 2022 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD — 197,521 249,531 — 1,544,654 1,991,706 Other non-current financial liabilities CLF — — — — 402,512 402,512 Subtotal Other non-current financial liabilities — 197,521 249,531 — 1,947,166 2,394,218 Non-current lease liabilities USD — 13,566 — 22,500 — 36,066 Non-current lease liabilities CLP — — — 23 — 23 Non-current lease liabilities CLF — — — 10,982 — 10,982 Non-current lease liabilities MXN — — — 1,094 — 1,094 Non-current lease liabilities EUR — — — 1,420 — 1,420 Subtotal non-current lease liabilities — 13,566 — 36,019 — 49,585 Non-current Trade and other payables USD — — — — — — Subtotal Non-current Trade and other payables — — — — — — Other non-current provisions USD — 3,648 — 26,200 28,205 58,053 Subtotal Other non-current provisions — 3,648 — 26,200 28,205 58,053 Deferred tax liabilities USD — 289,825 — — — 289,825 Subtotal Deferred tax liabilities — 289,825 — — — 289,825 Provisions for employee benefits, non-current USD 34,326 — — — 9,006 43,332 Provisions for employee benefits, non-current CLP 540 — — — — 540 Subtotal Provisions for employee benefits, non-current 34,866 — — — 9,006 43,872 Total non-current liabilities 34,866 504,560 249,531 62,219 1,984,377 2,835,553 Total liabilities 5,887,100
Schedule of exchange rate changes on the statement of income explanatory	For the period from January to December of the year Foreign currency exchange rate changes 2023 2022 2021 ThUS$ ThUS$ ThUS$ Foreign currency loss (22,293) (25,400) (17,241) Foreign currency translation reserve 3,177 (255) 4,240 Total (19,116) (25,655) (13,001)

Income tax and deferred taxes (

Income tax and deferred taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Major components of tax expense (income) [abstract]
Schedule of current and non-current tax assets	Current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies 584,382 894 Monthly provisional income tax payments, foreign companies 26,741 96,906 Corporate tax credits (1) 1,918 653 1st category tax absorbed by tax losses (2) 1,872 169 Taxes in recovery process 22,120 126,292 Total 637,033 224,914 Non-current tax assets As of As of ThUS$ ThUS$ Non current tax receivable (see note 20.3) 59,541 127,114 Total 59,541 127,114 (1) These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE), credits for acquisition of fixed assets, donations and credits in Chile for taxes paid abroad. (2) This concept corresponds to the tax loss absorptions determined by the company at the end of the year, which must be attributed to the dividends received during the year.
Schedule of current tax liabilities	Current tax liabilities As of As of ThUS$ ThUS$ Chilean income tax 636 337,245 Specific mining tax to lithium mining (see note 20.3) 162,743 — Foreign company income tax 20,254 19,366 Total 183,633 356,611
Schedule of income tax rates	The income tax rate for the main countries where the Company operates is presented below: Country Income tax Income tax Spain 25 % 25 % Belgium 25 % 25 % Mexico 30 % 30 % United States 21% +3% 21% + 3.51% South Africa 27 % 28 % South Korea 24 % (2) 25 % China 25%+12% (1) 25%+12% (1) (1) Additional tax of 12% on VAT payable. (2) Sliding scale from 9% to 24% of taxable income.
Schedule of deferred taxes	Net liability position Description of deferred tax assets and liabilities as of December 31, 2023 Assets Liabilities ThUS$ ThUS$ Unrealized loss 321,340 — Property, plant and equipment and capitalized interest (1) — (240,056) Restoration and rehabilitation provision 6,336 — Manufacturing expenses — (159,879) Employee benefits and unemployment insurance — (9,438) Vacation accrual 9,373 — Inventory provision 34,718 — Materials provision 14,405 — Others employee benefits 6,561 — Research and development expenses — (16,046) Bad debt provision 3,060 — Provision for legal complaints and expenses 2,932 — Loan acquisition expenses — (12,735) Financial instruments recorded at market value — (52,016) Specific tax on mining activity — (3,303) Tax loss benefit 23,340 — Other — (21,119) Foreign items (other) 75 — Balances to date 422,140 (514,592) Net balance (92,452) (1) This includes right-of-use assets. (b) Deferred tax assets and liabilities as of December 31, 2022 Net liability position Description of deferred tax assets and liabilities as of December 31, 2022 Assets Liabilities ThUS$ ThUS$ Unrealized loss 655,695 — Property, plant and equipment and capitalized interest (1) — (244,560) Restoration and rehabilitation provision 4,685 — Manufacturing expenses — (139,383) Employee benefits and unemployment insurance — (8,995) Vacation accrual 7,650 — Inventory provision 27,512 — Materials provision 11,915 — Others employee benefits 1,177 — Research and development expenses — (12,294) Bad debt provision 715 — Provision for legal complaints and expenses 6,827 — Loan acquisition expenses — (8,793) Financial instruments recorded at market value 5,226 — Specific tax on mining activity — (5,799) Tax loss benefit 10,059 — Other 2,913 — Foreign items (other) 96 — Balances to date 734,470 (419,824) Net balance 314,646 (1) This item includes right-of-use assets.
Schedule of movement in deferred taxes	Deferred tax assets and liabilities in the consolidated statement of financial position as of December 31, 2023 and 2022, are as follows: Movements of deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets 302,236 604,471 Deferred tax liabilities (394,688) (289,825) Total (92,452) 314,646
Schedule of deferred tax liabilities (assets)	Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of December 31, 2023 Deferred tax Deferred tax Deferred taxes Total change in deferred taxes Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss 655,695 (334,355) — (334,355) 321,340 Property, plant and equipment and capitalized interest (244,560) 4,504 — 4,504 (240,056) Restoration and rehabilitation provision 4,685 1,651 — 1,651 6,336 Manufacturing expenses (139,383) (20,496) — (20,496) (159,879) Employee benefits and unemployment insurance (8,995) (2,020) 1,577 (443) (9,438) Vacation accrual 7,650 1,723 — 1,723 9,373 Inventory provision 27,512 7,206 — 7,206 34,718 Materials provision 11,915 2,490 — 2,490 14,405 Derivative financial instruments — 5,047 (5,047) — — Others employee benefits 1,177 5,384 — 5,384 6,561 Research and development expenses (12,294) (3,752) — (3,752) (16,046) Bad debt provision 715 2,345 — 2,345 3,060 Provision for legal complaints and expenses 6,827 (3,895) — (3,895) 2,932 Loan approval expenses (8,793) (3,942) — (3,942) (12,735) Financial instruments recorded at market value 5,226 — (57,242) (57,242) (52,016) Specific tax on mining activity (5,799) 2,491 5 2,496 (3,303) Tax loss benefit 10,059 13,281 — 13,281 23,340 Others 2,913 (24,032) — (24,032) (21,119) Foreign items (other) 96 (21) — (21) 75 Total temporary differences, unused losses and unused tax credits 314,646 (346,391) (60,707) (407,098) (92,452) Reconciliation of changes in deferred tax assets (liabilities) in deferred tax as of December 31, 2022 Deferred tax Deferred tax Deferred taxes Total change in deferred taxes Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss 144,181 511,514 — 511,514 655,695 Property, plant and equipment and capitalized interest (189,073) (55,487) — (55,487) (244,560) Restoration and rehabilitation provision 6,567 (1,882) — (1,882) 4,685 Manufacturing expenses (108,181) (31,202) — (31,202) (139,383) Employee benefits and unemployment insurance (7,486) (2,779) 1,270 (1,509) (8,995) Vacation accrual 6,039 1,611 — 1,611 7,650 Inventory provision 20,557 6,955 — 6,955 27,512 Materials provision 10,554 1,361 — 1,361 11,915 Derivative financial instruments — 7,172 (7,172) — — Others employee benefits 929 248 — 248 1,177 Research and development expenses (5,387) (6,907) — (6,907) (12,294) Bad debt provision 2,708 (1,993) — (1,993) 715 Provision for legal complaints and expenses 334 6,493 — 6,493 6,827 Loan approval expenses (8,967) 174 — 174 (8,793) Financial instruments recorded at market value 5,243 — (17) (17) 5,226 Specific tax on mining activity (4,545) (1,257) 3 (1,254) (5,799) Tax loss benefit 8,557 1,502 — 1,502 10,059 Others (4,274) 7,187 — 7,187 2,913 Foreign items (other) 11,828 (11,732) — (11,732) 96 Total temporary differences, unused losses and unused tax credits (110,416) 430,978 (5,916) 425,062 314,646
schedule of net operating loss carryforwards	As of December 31, 2023, and 2022, tax loss carryforwards are detailed as follows: Deferred taxes related to benefits for tax losses As of As of ThUS$ ThUS$ Chile 16,087 10,059 Foreign 7,253 — Total 23,340 10,059
schedule of movements in deferred tax assets and liabilities	Movements in deferred tax assets and liabilities as of December 31, 2023 and 2022 are detailed as follows: Assets (liabilities) Movements in deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets and liabilities, net opening balance 314,646 (110,416) Increase (decrease) in deferred taxes in income (346,391) 430,978 Increase (decrease) deferred taxes in equity (60,707) (5,916) Total (92,452) 314,646
Schedule of current and deferred tax (expenses)	Current and deferred tax (expenses) benefits are detailed as follows: (Expense) Income Disclosures on income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax (expense) benefit Current tax expense (1) (1,533,809) (2,002,564) (279,105) Adjustments to prior year current income tax (expense) benefit 3,449 (626) 2,326 Current income tax expense, net, total (1,530,360) (2,003,190) (276,779) Deferred tax (expense) benefit Deferred tax benefits relating to the creation and reversal of temporary differences (342,363) 427,680 28,445 Tax adjustments related to the creation and reversal of temporary differences from the previous year (4,028) 3,298 (682) Total deferred tax benefits, net (346,391) 430,978 27,763 Income tax expense (1,876,751) (1,572,212) (249,016) (1) Includes a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023 relating to the specific mining tax to lithium mining claims (see note 20.3). Income tax (expenses) benefit for foreign and domestic parties are detailed as follows: (Expense) Income Income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax benefit (expense) by foreign and domestic parties, net Current income tax (expenses), foreign parties, net (120,893) (213,060) (46,748) Current income tax (expenses), domestic, net (1) (1,409,467) (1,790,130) (230,031) Current income tax expense, net, total (1,530,360) (2,003,190) (276,779) Deferred tax benefit (expense) by foreign and domestic parties, net Current income tax (expense) benefit, foreign parties, net (34,014) (21,338) (6,679) Current income tax (expense) benefits, domestic, net (312,377) 452,316 34,442 Deferred tax expense, net, total (346,391) 430,978 27,763 Income tax expense (1,876,751) (1,572,212) (249,016) (1) Includes a tax expense adjustment amounting US$1,089.5 million for the year ended December 31, 2023 relating to the specific mining tax to lithium mining claims (see note 20.3).
Schedule of tax effects of other comprehensive income components	Disclosures on the tax effects of other comprehensive income components: As of December 31, 2023 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ (Losses) income from defined benefit plans (5,843) 1,582 (4,261) Cash flow hedges 18,692 (5,047) 13,645 Reserve for (losses) income from financial assets measured at fair value through other comprehensive income 190,509 (57,242) 133,267 Total 203,358 (60,707) 142,651 As of December 31, 2022 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ (Losses) income from defined benefit plans (6,350) 1,273 (5,077) Cash flow hedges 26,622 (7,172) 19,450 Reserve for (losses) income from financial assets measured at fair value through other comprehensive income 190 (17) 173 Total 20,462 (5,916) 14,546 As of December 31, 2021 Income tax related to other income and expense components with a charge or credit to net equity Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Income (losses) from defined benefit plans 4,679 (142) 4,537 Cash flow hedges (52,762) 14,246 (38,516) Reserve for income (losses) from financial assets measured at fair value through other comprehensive income (12,072) 3,818 (8,254) Total (60,155) 17,922 (42,233)
Schedule of tax benefit (expense)	Reconciliation between the tax expense and the tax calculated by multiplying income before taxes by the Chilean corporate income tax rate. (Expense) Benefit Income Tax (Expense) Benefit As of As of As of ThUS$ ThUS$ ThUS$ Consolidated income before taxes 2,807,018 5,486,496 841,221 Statutory income tax rate in Chile 27 % 27 % 27 % Tax expense using the statutory tax rate (757,895) (1,481,354) (227,130) Net effect of royalty tax payments (6,889) (57,500) (13,350) Specific mining tax to lithium mining claims (see note 20.3) (1,089,476) — — Tax effect of income from regular activities exempt from taxation and dividends from abroad (1,457) 3,490 (260) Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) 3,509 (11,058) (2,226) Effect due to the difference in tax rates related to abroad subsidiaries (24,748) (25,053) (5,622) Other tax effects of reconciliation of accounting income to tax expense 205 (737) (428) Tax expense using the effective tax rate (1,876,751) (1,572,212) (249,016)

Identification and activities_3

Identification and activities of the Company and Subsidiaries - Employees (Details) - employee	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	7,682	6,997
In Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	7,034	6,533
Outside Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	648	464
Executives
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	170	160
Professionals
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	2,853	2,683
Technicians and operators
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	4,659	4,154
SQM S.A.
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	587	518
SQM S.A. | In Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	587	518
SQM S.A. | Outside Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	0	0
SQM S.A. | Executives
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	33	32
SQM S.A. | Professionals
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	190	177
SQM S.A. | Technicians and operators
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	364	309
Other subsidiaries
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	7,095	6,479
Other subsidiaries | In Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	6,447	6,015
Other subsidiaries | Outside Chile
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	648	464
Other subsidiaries | Executives
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	137	128
Other subsidiaries | Professionals
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	2,663	2,506
Other subsidiaries | Technicians and operators
Disclosure Of Information About Employees Explanatory [Line Items]
Number of employees	4,295	3,845

Identification and activities_4

Identification and activities of the Company and Subsidiaries - Narrative (Details) - shareholder	Dec. 31, 2023	Dec. 31, 2022
Identification And Activities Of The Company And Subsidiaries
Number of shareholders	1,172
Percentage of shareholder outstanding shares interest in excess	5%	5%

Identification and activities_5

Identification and activities of the Company and Subsidiaries - Main Shareholders of the Company (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	21.90%
The Bank Of New York Mellon, ADRs
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	16.17%	22.60%
Sociedad De Inversiones Pampa Calichera S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	15.49%	15.66%
Potasios De Chile S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	6.36%	6.36%
Banco De Chile On Behalf Of State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	4.11%
AFP Habitat S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	3.71%	3.33%
Global Mining Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	3.08%
Banco Santander On Behalf Of Foreign Investors
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	2.98%
AFP Provida S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	2.91%	1.84%
AFP Cuprum S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	2.79%	2.29%
AFP Capital S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	2.63%	1.98%
Banco De Chile On Behalf Of Citi NA New York
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage	2.24%
Inversiones TLC Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage		21.90%
Banco de Chile via State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage		3.87%
Inv. Global Mining Chile Ltda.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage		3.08%
Banco Santander Via Foreign Investor Accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage		3.06%
Banco de Chile non-resident third party accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares outstanding, ownership percentage		2.19%
Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Percentage of voting equity held by the Company or its subsidiaries	21.90%	21.90%
Series A | Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	62,556,568
Number of shares outstanding, ownership percentage	43.80%
Series A | The Bank Of New York Mellon, ADRs
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0	0
Number of shares outstanding, ownership percentage	0%	0%
Series A | Sociedad De Inversiones Pampa Calichera S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	42,640,389	43,133,789
Number of shares outstanding, ownership percentage	29.86%	30.20%
Number of shares owned by the company or its subsidiaries or associates (in shares)	2,348,842	2,348,842
Series A | Potasios De Chile S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	18,179,147	18,179,147
Number of shares outstanding, ownership percentage	12.73%	12.73%
Series A | Banco De Chile On Behalf Of State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0
Number of shares outstanding, ownership percentage	0%
Series A | AFP Habitat S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	603,789	0
Number of shares outstanding, ownership percentage	0.42%	0%
Series A | Global Mining Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	8,798,539
Number of shares outstanding, ownership percentage	6.16%
Series A | Banco Santander On Behalf Of Foreign Investors
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0
Number of shares outstanding, ownership percentage	0%
Series A | AFP Provida S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0	0
Number of shares outstanding, ownership percentage	0%	0%
Series A | AFP Cuprum S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0	0
Number of shares outstanding, ownership percentage	0%	0%
Series A | AFP Capital S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0	0
Number of shares outstanding, ownership percentage	0%	0%
Series A | Banco De Chile On Behalf Of Citi NA New York
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	67,463
Number of shares outstanding, ownership percentage	0.05%
Series A | Inversiones TLC Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		62,556,568
Number of shares outstanding, ownership percentage		43.80%
Series A | Banco de Chile via State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		79,265
Number of shares outstanding, ownership percentage		0.06%
Series A | Inv. Global Mining Chile Ltda.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		8,798,539
Number of shares outstanding, ownership percentage		6.16%
Series A | Banco Santander Via Foreign Investor Accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		545,729
Number of shares outstanding, ownership percentage		0.38%
Series A | Banco de Chile non-resident third party accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		62,829
Number of shares outstanding, ownership percentage		0.04%
Series A | Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares owned by the company or its subsidiaries or associates (in shares)	62,556,568	62,556,568
Series B | Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0
Number of shares outstanding, ownership percentage	0%
Series B | The Bank Of New York Mellon, ADRs
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	46,174,681	64,555,045
Number of shares outstanding, ownership percentage	32.33%	45.20%
Series B | Sociedad De Inversiones Pampa Calichera S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	1,611,227	1,611,227
Number of shares outstanding, ownership percentage	1.13%	1.13%
Series B | Potasios De Chile S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0	0
Number of shares outstanding, ownership percentage	0%	0%
Series B | Banco De Chile On Behalf Of State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	11,744,230
Number of shares outstanding, ownership percentage	8.22%
Series B | AFP Habitat S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	9,991,619	9,504,885
Number of shares outstanding, ownership percentage	7%	6.66%
Series B | Global Mining Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	0
Number of shares outstanding, ownership percentage	0%
Series B | Banco Santander On Behalf Of Foreign Investors
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	8,499,930
Number of shares outstanding, ownership percentage	5.95%
Series B | AFP Provida S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	8,299,626	5,263,361
Number of shares outstanding, ownership percentage	5.81%	3.69%
Series B | AFP Cuprum S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	7,979,983	6,535,039
Number of shares outstanding, ownership percentage	5.59%	4.58%
Series B | AFP Capital S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	7,525,912	5,652,982
Number of shares outstanding, ownership percentage	5.27%	3.96%
Series B | Banco De Chile On Behalf Of Citi NA New York
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)	6,399,986
Number of shares outstanding, ownership percentage	4.44%
Series B | Inversiones TLC Spa
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		0
Number of shares outstanding, ownership percentage		0%
Series B | Banco de Chile via State Street
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		10,979,388
Number of shares outstanding, ownership percentage		7.69%
Series B | Inv. Global Mining Chile Ltda.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		0
Number of shares outstanding, ownership percentage		0%
Series B | Banco Santander Via Foreign Investor Accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		8,181,775
Number of shares outstanding, ownership percentage		5.73%
Series B | Banco de Chile non-resident third party accounts
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of outstanding shares (in shares)		6,181,476
Number of shares outstanding, ownership percentage		4.33%
Series B | Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares owned by the company or its subsidiaries or associates (in shares)	748,490	748,490
Series A and B stock | Sociedad De Inversiones Pampa Calichera S.A.
Identification and Activities of the Company and Subsidiaries [Line Items]
Number of shares owned by the company or its subsidiaries or associates (in shares)	46,600,458	46,600,458
Series A and B stock | Inversiones TLC SpA
Identification and Activities of the Company and Subsidiaries [Line Items]
Percentage of voting equity held by the Company or its subsidiaries	22.16%

Basis of presentation for the_3

Basis of presentation for the consolidated financial statements - Subsidiaries (Details)		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2023
SQM Nitratos S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Nitratos S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.9999%
SQM Nitratos S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.0001%
SQM Potasio S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Potasio S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.9999%
SQM Potasio S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.0001%
Serv. Integrales De Tránsito Y Transf. S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Serv. Integrales De Tránsito Y Transf. S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.0003%
Serv. Integrales De Tránsito Y Transf. S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.9997%
Isapre Norte Grande Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Isapre Norte Grande Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		1%
Isapre Norte Grande Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99%
Ajay SQM Chile S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		51%
Ajay SQM Chile S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		51%
Ajay SQM Chile S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Almacenes y Depósitos Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Almacenes y Depósitos Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		1%
Almacenes y Depósitos Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99%
SQM Salar S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Salar S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		18.18%
SQM Salar S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		81.82%
SQM Industrial S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Industrial S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.047%
SQM Industrial S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.953%
Exploraciones Mineras S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Exploraciones Mineras S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.2691%
Exploraciones Mineras S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.7309%
Sociedad Prestadora De Servicios De Salud Cruz Del Norte S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Sociedad Prestadora De Servicios De Salud Cruz Del Norte S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Sociedad Prestadora De Servicios De Salud Cruz Del Norte S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Soquimich Comercial S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Soquimich Comercial S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Soquimich Comercial S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Comercial Agrorama Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Comercial Agrorama Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Comercial Agrorama Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Comercial Hydro S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Comercial Hydro S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Comercial Hydro S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Agrorama S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Agrorama S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Agrorama S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60.6383%
Orcoma Estudios SPA
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Orcoma Estudios SPA | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Orcoma Estudios SPA | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Orcoma SPA
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Orcoma SPA | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Orcoma SPA | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM MaG SpA
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM MaG SpA | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM MaG SpA | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Sociedad Contractual Minera Búfalo
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Sociedad Contractual Minera Búfalo | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.90%
Sociedad Contractual Minera Búfalo | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.10%
SQM North América Corp.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM North América Corp. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		40%
SQM North América Corp. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		60%
RS Agro Chemical Trading Corporation A.V.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
RS Agro Chemical Trading Corporation A.V.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		98.3333%
RS Agro Chemical Trading Corporation A.V.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		1.6667%
Nitratos Naturais do Chile Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Nitratos Naturais do Chile Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Nitratos Naturais do Chile Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Corporation N.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Corporation N.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.0002%
SQM Corporation N.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.9998%
SQM Ecuador S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Ecuador S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.00401%
SQM Ecuador S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.996%
SQM Brasil Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Brasil Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.53%
SQM Brasil Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.47%
SQMC Holding Corporation.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQMC Holding Corporation. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.10%
SQMC Holding Corporation. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.90%
SQM Japan Co. Ltd.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Japan Co. Ltd. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.1597%
SQM Japan Co. Ltd. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.8403%
SQM Europe NV
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Europe NV | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.58%
SQM Europe NV | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.42%
SQM International N.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM International N.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM International N.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage	100%	0%
SQM Indonesia S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		80%
SQM Indonesia S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Indonesia S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		80%
North American Trading Company
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
North American Trading Company | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
North American Trading Company | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Virginia LLC
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Virginia LLC | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Virginia LLC | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage	100%	0%
SQM Comercial de México S.A. de C.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Comercial de México S.A. de C.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0.01%
SQM Comercial de México S.A. de C.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.99%
SQM Investment Corporation N.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Investment Corporation N.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		1%
SQM Investment Corporation N.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99%
Royal Seed Trading Corporation A.V.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Royal Seed Trading Corporation A.V.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		1.67%
Royal Seed Trading Corporation A.V.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		98.33%
SQM Lithium Specialties Limited Partnership
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Lithium Specialties Limited Partnership | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Lithium Specialties Limited Partnership | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Comercial Caimán Internacional S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Comercial Caimán Internacional S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Comercial Caimán Internacional S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage	100%	0%
SQM France S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM France S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM France S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Administración y Servicios Santiago S.A. de C.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Administración y Servicios Santiago S.A. de C.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Administración y Servicios Santiago S.A. de C.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Nitratos México S.A. de C.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Nitratos México S.A. de C.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Nitratos México S.A. de C.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Soquimich European holding B.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Soquimich European holding B.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Soquimich European holding B.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Iberian S.A.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Iberian S.A. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Iberian S.A. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM África Pty Ltd.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM África Pty Ltd. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM África Pty Ltd. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Oceanía Pty Ltd.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Oceanía Pty Ltd. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Oceanía Pty Ltd. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Beijing Commercial Co. Ltd.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Beijing Commercial Co. Ltd. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Beijing Commercial Co. Ltd. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Thailand Limited
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.998%
SQM Thailand Limited | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Thailand Limited | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		99.998%
SQM Colombia SAS
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Colombia SAS | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Colombia SAS | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Australia Pty
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Australia Pty | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Australia Pty | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM (Shanghai) Chemicals Co. Ltd.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM (Shanghai) Chemicals Co. Ltd. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM (Shanghai) Chemicals Co. Ltd. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Korea LLC
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Korea LLC | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Korea LLC | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Holland B.V.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
SQM Holland B.V. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
SQM Holland B.V. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Soquimich Comercial Brasil Ltda.
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%
Soquimich Comercial Brasil Ltda. | Direct
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		0%
Soquimich Comercial Brasil Ltda. | Indirect
Disclosure Of Detailed Information About Subsidiaries [Line Items]
Ownership Interest, percentage		100%

Significant accounting polici_4

Significant accounting policies - Schedule of Exchange Rates (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Brazilian real
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	4.85	5.28
Average foreign exchange rate, percentage	4.90	5.25
New Peruvian sol
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	3.70	3.81
Average foreign exchange rate, percentage	3.73	3.83
Japanese yen
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	140.90	131.32
Average foreign exchange rate, percentage	143.94	134.70
Euro
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	0.90	0.93
Average foreign exchange rate, percentage	0.92	0.94
Mexican peso
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	16.92	19.50
Average foreign exchange rate, percentage	17.18	19.60
Australian dollar
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	1.46	1.47
Average foreign exchange rate, percentage	1.49	1.48
Pound Sterling
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	0.78	0.83
Average foreign exchange rate, percentage	0.79	0.82
South African rand
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	18.27	17.01
Average foreign exchange rate, percentage	18.61	17.28
Chilean peso
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	877.12	855.86
Average foreign exchange rate, percentage	875.06	873.81
Chinese yuan
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	7.12	6.92
Average foreign exchange rate, percentage	7.15	6.98
Indian rupee
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	83.21	82.73
Average foreign exchange rate, percentage	83.26	82.52
Thai Baht
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	34.36	34.64
Average foreign exchange rate, percentage	34.95	34.76
Turkish lira
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	29.52	18.71
Average foreign exchange rate, percentage	29.09	18.66
Korean Won
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	1,290.7	1,259.98
Average foreign exchange rate, percentage	1,304.17	1,291.64
Indonesian Rupiah
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	15,399	15,570
Average foreign exchange rate, percentage	15,502.63	15,596.9
United Arab Emirates dirham
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	3.67	3.67
Average foreign exchange rate, percentage	3.67	3.67
Polish Zloty
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	3.93	4.37
Average foreign exchange rate, percentage	3.97	4.42
UF
Significant Accounting Policies [Line Items]
Closing foreign exchange rate, percentage	41.94	41.02
Average foreign exchange rate, percentage	42.04	40.18

Significant accounting polici_5

Significant accounting policies - Schedule of Other (Outflows) Inflows of Cash from Operating Activities (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from (used in) operating activities [abstract]
Banking expenses		$ (15,603)	$ (3,783)	$ (1,921)
Tax credits		(3,353)	(3,474)	(2,403)
Government grants		24,387	0	0
Value added tax		(298,076)	120,283	80,503
Cost of bond issuance		(18,346)	(2,566)	(16,570)
Other inflows (outflows) of cash, classified as operating activities	[1]	$ (310,991)	$ 110,460	$ 59,609
[1] Other (outflows) inflows of cash from operating activities include net increases (decreases) of value added tax and banking expenses, taxes associated with interest payments, costs of issuance of debt and government grants.

Significant accounting polici_6

Significant accounting policies - Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2023
Minimum | Mining assets
Significant Accounting Policies [Line Items]
Useful life (in years)	5 years
Minimum | Energy generating assets
Significant Accounting Policies [Line Items]
Useful life (in years)	5 years
Minimum | Buildings
Significant Accounting Policies [Line Items]
Useful life (in years)	4 years
Minimum | Supplies and accessories
Significant Accounting Policies [Line Items]
Useful life (in years)	4 years
Minimum | Office equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	5 years
Minimum | Transport equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	6 years
Minimum | Network and communication equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	4 years
Minimum | IT equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	4 years
Minimum | Machinery, plant and equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	3 years
Minimum | Other fixed assets
Significant Accounting Policies [Line Items]
Useful life (in years)	3 years
Top of range | Mining assets
Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Top of range | Energy generating assets
Significant Accounting Policies [Line Items]
Useful life (in years)	16 years
Top of range | Buildings
Significant Accounting Policies [Line Items]
Useful life (in years)	25 years
Top of range | Supplies and accessories
Significant Accounting Policies [Line Items]
Useful life (in years)	15 years
Top of range | Office equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Top of range | Transport equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	20 years
Top of range | Network and communication equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	12 years
Top of range | IT equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	11 years
Top of range | Machinery, plant and equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	24 years
Top of range | Other fixed assets
Significant Accounting Policies [Line Items]
Useful life (in years)	20 years
Average | Mining assets
Significant Accounting Policies [Line Items]
Useful life (in years)	8 years
Average | Energy generating assets
Significant Accounting Policies [Line Items]
Useful life (in years)	8 years
Average | Buildings
Significant Accounting Policies [Line Items]
Useful life (in years)	13 years
Average | Supplies and accessories
Significant Accounting Policies [Line Items]
Useful life (in years)	8 years
Average | Office equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	6 years
Average | Transport equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	9 years
Average | Network and communication equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	7 years
Average | IT equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	7 years
Average | Machinery, plant and equipment
Significant Accounting Policies [Line Items]
Useful life (in years)	11 years
Average | Other fixed assets
Significant Accounting Policies [Line Items]
Useful life (in years)	9 years

Significant accounting polici_7

Significant accounting policies - Useful Lives of of Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2023
Water rights | Minimum
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	2 years
Corfo Mining properties | Minimum
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	7 years
Corfo Mining properties | Top of range
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	7 years
Intellectual property | Minimum
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	9 years
Intellectual property | Top of range
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	9 years
IT programs | Minimum
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	3 years
IT programs | Top of range
Significant Accounting Policies [Line Items]
Useful life, intangible assets other than goodwill (in years)	9 years

Significant accounting polici_8

Significant accounting policies - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Significant Accounting Policies [Line Items]
Profit (loss), attributable to owners of parent	$ 923,191	$ 3,906,311	$ 585,454
Weighted average number of shares, basic (in shares)	285,638,456	285,638,456	278,157,812
Basic earnings per share (in USD per share)	$ 3.2320	$ 13.6757	$ 2.1048
Weighted average number of shares, diluted (in shares)	285,638,456	285,638,456	278,157,812
Diluted earnings per share (in USD per share)	$ 3.2320	$ 13.6757	$ 2.1048
Series A Common Shares
Significant Accounting Policies [Line Items]
Weighted average number of shares, basic (in shares)	142,819,552	142,819,552	142,819,552
Weighted average number of shares, diluted (in shares)	142,819,552	142,819,552	142,819,552
Series B Common Shares
Significant Accounting Policies [Line Items]
Weighted average number of shares, basic (in shares)	142,818,904	142,818,904	135,338,260
Weighted average number of shares, diluted (in shares)	142,818,904	142,818,904	135,338,260

Significant accounting polici_9

Significant accounting policies - Minimum Dividend (Details)	12 Months Ended
	Dec. 31, 2023
Minimum
Significant Accounting Policies [Line Items]
Cash dividend rate, percentage	30%

Financial risk management - Ban

Financial risk management - Bank Promissory Notes (Details) - Bank Notes - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial Risk Management [Line Items]
Total financial assets	$ 125,931	$ 45,269
Agricultural Bank of China
Financial Risk Management [Line Items]
Total financial assets	2,061	10,334
Bank of Communications
Financial Risk Management [Line Items]
Total financial assets	8,783
Bank of NingBo
Financial Risk Management [Line Items]
Total financial assets	1,065	3,148
China CITIC Bank
Financial Risk Management [Line Items]
Total financial assets	35,477
China Construction Bank Corporation
Financial Risk Management [Line Items]
Total financial assets	1,802
China Everbright Bank
Financial Risk Management [Line Items]
Total financial assets	2,647
China Guangfa Bank
Financial Risk Management [Line Items]
Total financial assets	1,245
China Merchants
Financial Risk Management [Line Items]
Total financial assets	8,661
China Minsheng Bank
Financial Risk Management [Line Items]
Total financial assets	3,097
China Zheshang Bank
Financial Risk Management [Line Items]
Total financial assets	3,167
HuaXia Bank
Financial Risk Management [Line Items]
Total financial assets	3,639
Industrial & Commercial Bank of China Limited
Financial Risk Management [Line Items]
Total financial assets	8,998
Industrial Bank
Financial Risk Management [Line Items]
Total financial assets	12,177
International Bank of Macau
Financial Risk Management [Line Items]
Total financial assets	4,122
Shanghai Pudong Development Bank
Financial Risk Management [Line Items]
Total financial assets	20,549
Others
Financial Risk Management [Line Items]
Total financial assets	$ 8,441	1,887
Bank of China Limited
Financial Risk Management [Line Items]
Total financial assets		27,936
Bank of Jiujiang
Financial Risk Management [Line Items]
Total financial assets		$ 1,964

Financial risk management - Cre

Financial risk management - Credit Quality of Financial Assets (Details) - Financial assets neither past due nor impaired - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Time deposits | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		$ 950,167
Time deposits | Banco Santander- Santiago | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	$ 6,318	124,689
Time deposits | Banco Crédito e Inversiones | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	1,001	150,578
Time deposits | Corpbanca | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	5,014
Time deposits | Banco de Chile | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	4,460	602
Time deposits | Scotiabank Sud Americano | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	6,752
Time deposits | banco credito | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	74,459	187,707
Time deposits | Banco Santander | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	100,083
Time deposits | Banco Itaú CorpBanca | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets		284,915
Time deposits | Banco Itaú CorpBanca | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	372,061
Time deposits | Scotiabank Sud Americano 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	672,720
Time deposits | Sumitomo Mitsui Banking | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets		122,631
Time deposits | Sumitomo Mitsui Banking | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	91,884
Time deposits | Scotiabank Chile | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets		416,026
Time deposits | Banco Itau CorpBanca 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		15,048
Time deposits | Banco Santander - Santiago 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		51,444
Time deposits | Banco Estado | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		85,055
Time deposits | Scotiabank Chile 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		250,362
Time deposits | Banco de Chile 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		150,259
Time deposits | Sumitomo Mitsui Banking 2 | Over 90 days
Financial Risk Management [Line Items]
Total financial assets		210,292
Investment fund | Banco Crédito e Inversiones | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	5,031
Investment fund | JP Morgan US dollar Liquidity Fund Institutional | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	22,845	435,485
Investment fund | Legg Mason - Western Asset Institutional cash reserves | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	312,924	590,661
Margin Call | Banco Morgan Stanley | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	5,590
Time Deposits And Investment Fund | Up to 90 days
Financial Risk Management [Line Items]
Total financial assets	364,345	$ 2,125,587
Time Deposits And Margin Call | Over 90 days
Financial Risk Management [Line Items]
Total financial assets	$ 1,316,797

Financial risk management - Und

Financial risk management - Undiscounted Cash Flows of Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial Risk Management [Line Items]
Bank borrowings	$ 1,448,710	$ 365,160
Unsecured obligations	3,562,360	3,956,980
Sub total	5,011,070	4,322,140
Hedging liabilities	55,490	73,870
Derivative financial instruments	14,810	5,820
Sub total	70,300	79,690
Current and non-current lease liabilities	80,180	78,120
Trade accounts payable and other accounts payable	449,633	374,789
Total financial liabilities	5,611,180	4,854,740
Less than 1 year
Financial Risk Management [Line Items]
Bank borrowings	1,117,860	144,830
Unsecured obligations	98,880	405,170
Sub total	1,216,740	550,000
Hedging liabilities	24,110	40,760
Derivative financial instruments	14,810	5,820
Sub total	38,920	46,580
Current and non-current lease liabilities	19,940	13,940
Trade accounts payable and other accounts payable	449,630	374,790
Total financial liabilities	1,725,230	985,310
1 to 5 years
Financial Risk Management [Line Items]
Bank borrowings	268,800	220,330
Unsecured obligations	729,560	616,660
Sub total	998,360	836,990
Hedging liabilities	30,080	20,430
Derivative financial instruments	0	0
Sub total	30,080	20,430
Current and non-current lease liabilities	56,450	36,330
Trade accounts payable and other accounts payable	0	0
Total financial liabilities	1,084,890	893,750
Over 5 years
Financial Risk Management [Line Items]
Bank borrowings	62,050	0
Unsecured obligations	2,733,920	2,935,150
Sub total	2,795,970	2,935,150
Hedging liabilities	1,300	12,680
Derivative financial instruments	0	0
Sub total	1,300	12,680
Current and non-current lease liabilities	3,790	27,850
Trade accounts payable and other accounts payable	0	0
Total financial liabilities	2,801,060	2,975,680
Carrying amount
Financial Risk Management [Line Items]
Bank borrowings	1,464,260	330,800
Unsecured obligations	2,999,170	2,550,600
Sub total	4,463,430	2,881,400
Hedging liabilities	25,370	62,530
Derivative financial instruments	14,810	5,820
Sub total	40,180	68,350
Current and non-current lease liabilities	75,160	61,730
Trade accounts payable and other accounts payable	449,630	374,790
Total financial liabilities	$ 5,028,400	$ 3,386,270

Financial risk management - Nar

Financial risk management - Narrative (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financial Risk Management [Line Items]
Insurance coverage on risk, percentage	80%	80%
Liquidity ratio		2.33	2.29
Hedging assets	$ 25,039	$ 25,039	$ 33,794
Credit facility
Financial Risk Management [Line Items]
Undrawn borrowing facilities	1,116,000	$ 1,116,000
Secured Overnight Financing Rate (SOFR)
Financial Risk Management [Line Items]
Financial liabilities maturing in the next 12 months, percentage		6.80%
Liquidity risk
Financial Risk Management [Line Items]
Hedging assets	504,393	$ 504,393	512,236
CLP to US Dollar
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	50,600	50,600
Euro to US Dollar
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	24,440	24,440
South African Rand to US Dollar
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	21,720	21,720
Chinese Renminbi to US Dollar
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	535,320	535,320
Australian Dollar to US Dollar
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	64,400	64,400
Other countries currencies
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	7,380	$ 7,380
Chile
Financial Risk Management [Line Items]
Average foreign exchange rate, percentage		100
Derivatives
Financial Risk Management [Line Items]
Adjustments for unrealised foreign exchange losses (gains)	873,000
Financial assets, at fair value	2,520	$ 2,520	11,730
Derivatives | Cash Flow
Financial Risk Management [Line Items]
Derivative instruments designated as fair value hedges assets	$ 1,440	$ 1,440
Derivatives | Derivative instruments associated with nominative term deposits | Hedges of foreign exchange risks
Financial Risk Management [Line Items]
Percentage of foreign exchange risk associated with nominative term deposits	100%	100%
Derivative instruments designated as fair value hedges assets	$ 18,300	$ 18,300	$ 29,980

Separate information on the m_3

Separate information on the main office, parent entity and joint action agreements (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Separate information on the main office, parent entity and joint action agreements [Line Items]
Assets	$ 10,778,837	$ 10,819,101	$ 7,180,201
Liabilities	(6,301,408)	(5,887,100)	(3,964,230)
Total equity	4,477,429	4,932,001	$ 3,215,971	$ 2,162,578
Parent
Separate information on the main office, parent entity and joint action agreements [Line Items]
Assets	8,824,362	8,430,376
Liabilities	(4,383,163)	(3,533,744)
Total equity	$ 4,441,199	$ 4,896,632

Board of directors, Senior Ma_3

Board of directors, Senior Management and Key management personnel - Narrative (Details) CLF in Thousands, $ in Thousands			12 Months Ended
	Apr. 26, 2023 CLF director	Apr. 26, 2022 CLF director	Dec. 31, 2023 CLF director employee	Dec. 31, 2023 USD ($) director employee	Dec. 31, 2022 CLF employee director	Dec. 31, 2022 USD ($) employee director	Dec. 31, 2021 CLF director	Dec. 31, 2021 USD ($) director
Related Party Disclosures [Line Items]
Number of directors | director	6	6
Election period (in years)			3 years	3 years
Key management personnel compensation | CLF	CLF 600	CLF 600
Key management personnel compensation, percentage	0.06%	0.06%
Variable compensation, percentage of net earnings							110%	110%
Variable compensation, percentage of net income					1.10	1.10
Variable compensation, percentage of profit					1.10	1.10
Number of employees | employee			7,682	7,682	6,997	6,997
Chairman
Related Party Disclosures [Line Items]
Key management personnel compensation | CLF	CLF 800	CLF 800
Key management personnel compensation, percentage	0.12%	0.12%
Directors
Related Party Disclosures [Line Items]
Number of directors | director	2		8	8
Directors committee
Related Party Disclosures [Line Items]
Number of directors | director			3	3	3	3	3	3
Key management personnel compensation			CLF 200	$ 7,516	CLF 200	$ 6,711	CLF 200	$ 3,749
Key management personnel compensation, percentage			0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Variable compensation, percentage of net income							1.10	1.10
Health, Safety and Environmental Matters Committee
Related Party Disclosures [Line Items]
Number of directors | director					3	3
Key management personnel compensation | CLF					CLF 100
Corporate Governance Committee
Related Party Disclosures [Line Items]
Number of directors | director					3	3
Key management personnel compensation | CLF					CLF 100
Vice President
Related Party Disclosures [Line Items]
Key management personnel compensation | CLF	CLF 700	CLF 700
Key Management Personnel
Related Party Disclosures [Line Items]
Key management personnel compensation | $				$ 37,418		$ 29,633		$ 31,560
Number of employees | employee			153	153	142	142

Board of Directors, Senior Ma_4

Board of Directors, Senior Management and Key management personnel (Details) CLF in Thousands, $ in Thousands			12 Months Ended
	Apr. 26, 2023 CLF	Apr. 26, 2022 CLF	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Board Of Directors, Senior Management And Key Management Personnel [Line Items]
Key management personnel compensation | CLF	CLF 600	CLF 600
Key Management Personnel
Board Of Directors, Senior Management And Key Management Personnel [Line Items]
Key management personnel compensation | $			$ 37,418	$ 29,633	$ 31,560

Equity-accounted investees - In

Equity-accounted investees - Investments in Associates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	$ 86,417	$ 54,386	$ 39,824
Investments accounted for using the equity method of accounting
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	55,513	26,278
Share in income of associates accounted for using the equity method	6,761	11,481	4,654
Share in other comprehensive income of associates accounted for using the equity method	382	(498)	360
Share in total comprehensive income of associates accounted for using the equity method	7,143	10,983	5,014
Ajay North America
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	17,657	17,654
Share in income of associates accounted for using the equity method	3,733	5,351	2,802
Share in other comprehensive income of associates accounted for using the equity method	0	0	0
Share in total comprehensive income of associates accounted for using the equity method	3,733	5,351	2,802
Ajay Europe SARL
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	7,722	8,624
Share in income of associates accounted for using the equity method	4,013	6,130	1,852
Share in other comprehensive income of associates accounted for using the equity method	382	(498)	360
Share in total comprehensive income of associates accounted for using the equity method	4,395	5,632	2,212
SAS Adionics
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	19,514	0
Share in income of associates accounted for using the equity method	(985)	0	0
Share in other comprehensive income of associates accounted for using the equity method	0	0	0
Share in total comprehensive income of associates accounted for using the equity method	(985)	0	0
Electric Era Technologies Inc.
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	3,000	0
Share in income of associates accounted for using the equity method	0	0	0
Share in other comprehensive income of associates accounted for using the equity method	0	0	0
Share in total comprehensive income of associates accounted for using the equity method	0	0	0
Altilium Metals Ltd.
Equity-Accounted Investees [Line Items]
Investment accounted for under the equity method	7,620	0
Share in income of associates accounted for using the equity method	0	0	0
Share in other comprehensive income of associates accounted for using the equity method	0	0	0
Share in total comprehensive income of associates accounted for using the equity method	$ 0	$ 0	$ 0

Equity-accounted investees - Di

Equity-accounted investees - Dividends Received (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Feb. 28, 2022	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity-Accounted Investees [Line Items]
Dividends received			$ 9,328	$ 6,354	$ 11,663
Abu Dhabi Fertilizer Industries WWL
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			37%
Dividends received	$ 3,000	$ 633	$ 633	3,000	9,438
Ajay North America
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			49%
Dividends received			$ 4,013	1,576	1,233
Ajay Europe SARL
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			50%
Dividends received			$ 4,682	1,778	992
SAS Adionics
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			20%
Dividends received			$ 0	0	0
Electric Era Technologies Inc.
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			6.82%
Dividends received			$ 0	0	0
Altilium Metals Ltd.
Equity-Accounted Investees [Line Items]
Share of ownership in associates, percentage			3%
Dividends received			$ 0	$ 0	$ 0

Equity-accounted investees - As

Equity-accounted investees - Assets, Liabilities, Revenue and Expenses of Associates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity-Accounted Investees [Line Items]
Current assets	$ 5,866,141	$ 6,991,509
Non-current assets	4,912,696	3,827,592
Current liabilities	2,513,876	3,051,547
Non-current liabilities	3,787,532	2,835,553
Revenue	7,467,490	10,710,578	$ 2,862,315
Net income (loss)	930,267	3,914,284	592,205
Other comprehensive income	145,828	14,291	(37,993)
Comprehensive income	1,076,095	3,928,575	554,212
Associates
Equity-Accounted Investees [Line Items]
Current assets	90,570	64,197
Non-current assets	150,268	17,964
Current liabilities	55,090	28,881
Non-current liabilities	917	2
Revenue	138,801	127,542	95,784
Net income (loss)	5,629	23,180	9,423
Other comprehensive income	12	(21)	(34)
Comprehensive income	5,641	23,159	9,389
Ajay North America
Equity-Accounted Investees [Line Items]
Current assets	26,280	30,455
Non-current assets	16,307	15,972
Current liabilities	6,553	10,395
Non-current liabilities	0	2
Revenue	60,019	63,482	47,375
Net income (loss)	7,617	10,919	5,718
Other comprehensive income	0	0	0
Comprehensive income	7,617	10,919	5,718
Ajay Europe SARL
Equity-Accounted Investees [Line Items]
Current assets	27,263	33,742
Non-current assets	3,197	1,992
Current liabilities	15,015	18,486
Non-current liabilities	0	0
Revenue	73,952	64,060	48,409
Net income (loss)	8,025	12,261	3,705
Other comprehensive income	12	(21)	(34)
Comprehensive income	8,037	$ 12,240	$ 3,671
SAS Adionics
Equity-Accounted Investees [Line Items]
Current assets	19,645
Non-current assets	12,294
Current liabilities	5,141
Non-current liabilities	917
Revenue	4,156
Net income (loss)	(4,924)
Other comprehensive income	0
Comprehensive income	(4,924)
Electric Era Technologies Inc.
Equity-Accounted Investees [Line Items]
Current assets	15,486
Non-current assets	242
Current liabilities	3,702
Non-current liabilities	0
Revenue	674
Net income (loss)	(3,177)
Other comprehensive income	0
Comprehensive income	(3,177)
Altilium Metals Ltd.
Equity-Accounted Investees [Line Items]
Current assets	1,896
Non-current assets	118,228
Current liabilities	24,679
Non-current liabilities	0
Revenue	0
Net income (loss)	(1,912)
Other comprehensive income	0
Comprehensive income	$ (1,912)

Equity-accounted investees - _2

Equity-accounted investees - Disclosures Regarding Interests in Associates (Details) $ in Thousands			1 Months Ended	3 Months Ended				12 Months Ended
	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Feb. 28, 2022 USD ($)	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Equity-Accounted Investees [Line Items]
Dividends received								$ 9,328	$ 6,354	$ 11,663
SAS Adionics
Equity-Accounted Investees [Line Items]
Payment to acquire investment in associates				$ 20,383
Proportion of ownership interest in associate, percentage				20%
Altilium Metals Ltd.
Equity-Accounted Investees [Line Items]
Payment to acquire investment in associates				$ 7,620
Proportion of ownership interest in associate, percentage				3%
Electric Era Technologies Inc.
Equity-Accounted Investees [Line Items]
Payment to acquire investment in associates				$ 3,000
Proportion of ownership interest in associate, percentage				6.82%
Kore Potash PLC
Equity-Accounted Investees [Line Items]
Proportion of ownership interest in associate, percentage							20.15%
Share reduction, percentage							0.05%
Issue of equity						$ 13,931
Dilution of shares, percentage						0.055
Profit loss from sale of interests in associates						$ 5,778
Transfer in equity of non controlling interest to other reserves						$ 3,739
Abu Dhabi Fertilizer Industries WWL
Equity-Accounted Investees [Line Items]
Dividends received			$ 3,000		$ 633			$ 633	$ 3,000	9,438
Proportion of ownership interest in associate, percentage								37%
Dividend income			$ 523
Impairment loss recognised in profit or loss		$ 2,800
Related Party of Abu Dhabi Fertilizer Industries WWL
Equity-Accounted Investees [Line Items]
Dividends receivable	$ 2,477									$ 2,477
Related Party of Abu Dhabi Fertilizer Industries WWL | Internacional Technical and Trading Agenies Co. WLL
Equity-Accounted Investees [Line Items]
Dividends received	$ 9,438

Joint Ventures - Investments Ac

Joint Ventures - Investments Accounted for Under Equity Method of Accounting (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	$ 86,417	$ 54,386	$ 39,824
Joint ventures
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	30,904	28,108
Share in income (loss) of joint ventures accounted for using the equity method	(6,061)	8,678	6,478
Share on other comprehensive income joint ventures accounted for using the equity method	0	551	(429)
Share on total comprehensive income of joint ventures accounted for using the equity method	(2,302)	8,678	5,798
SQM Vitas Fzco.
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	19,490	20,793
Share in income (loss) of joint ventures accounted for using the equity method	(6,564)	8,208	6,304
Share on other comprehensive income joint ventures accounted for using the equity method	2,450	674	429
Share on total comprehensive income of joint ventures accounted for using the equity method	(4,114)	8,882	6,733
Pavoni & C. Spa
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	7,870	7,315
Share in income (loss) of joint ventures accounted for using the equity method	396	470	174
Share on other comprehensive income joint ventures accounted for using the equity method	139	(210)	(317)
Share on total comprehensive income of joint ventures accounted for using the equity method	535	260	(143)
Covalent Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	0	0
Share in income (loss) of joint ventures accounted for using the equity method	107	0	0
Share on other comprehensive income joint ventures accounted for using the equity method	1,583	90	37
Share on total comprehensive income of joint ventures accounted for using the equity method	1,690	90	37
Pirra Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	3,544	0
Share in income (loss) of joint ventures accounted for using the equity method	0	0	0
Share on other comprehensive income joint ventures accounted for using the equity method	0	0	0
Share on total comprehensive income of joint ventures accounted for using the equity method	0	0	0
SQM Vitas Brasil Agroindustria
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	0	14,667
Share in income (loss) of joint ventures accounted for using the equity method	0	5,834	4,582
Share on other comprehensive income joint ventures accounted for using the equity method	0	551	(429)
Share on total comprehensive income of joint ventures accounted for using the equity method	0	6,385	4,153
SQM Vitas Perú S.A.C.
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	2,488	1,340
Share in income (loss) of joint ventures accounted for using the equity method	(2,302)	2,293	1,645
Share on other comprehensive income joint ventures accounted for using the equity method	0	0	0
Share on total comprehensive income of joint ventures accounted for using the equity method	(2,302)	2,293	1,645
Joint Venture Total
Disclosure of joint ventures [line items]
Investment accounted for under the equity method	2,488	16,007
Share in income (loss) of joint ventures accounted for using the equity method	(2,302)	8,127	6,227
Share on other comprehensive income joint ventures accounted for using the equity method	4,172	554	149
Share on total comprehensive income of joint ventures accounted for using the equity method	$ (1,889)	$ 9,232	$ 6,627

Joint Ventures - Dividends Rece

Joint Ventures - Dividends Received (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of joint ventures [line items]
Dividends received		$ 9,328	$ 6,354	$ 11,663
SQM Vitas Fzco.
Disclosure of joint ventures [line items]
Share of ownership in associates		50%
Dividends received		$ 0	0	0
Pavoni & C. Spa
Disclosure of joint ventures [line items]
Share of ownership in associates		50%
Dividends received		$ 0	0	0
Covalent Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Share of ownership in associates		50%
Dividends received		$ 0	0	0
SQM Vitas Brasil Agroindustria
Disclosure of joint ventures [line items]
Share of ownership in associates		49.99%
Dividends received		$ 0	0	0
SQM Vitas Perú S.A.C.
Disclosure of joint ventures [line items]
Share of ownership in associates		50%
Dividends received		$ 0	0	0
Pirra Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Share of ownership in associates	37.50%	37.50%
Dividends received		$ 0	0	0
Dividends received
Disclosure of joint ventures [line items]
Dividends received		$ 0	$ 0	$ 0

Joint Ventures - Assets, Liabil

Joint Ventures - Assets, Liabilities, Revenue and Expenses from Joint Ventures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of joint ventures [line items]
Current assets	$ 5,866,141	$ 6,991,509
Non-current assets	4,912,696	3,827,592
Current liabilities	2,513,876	3,051,547
Non-current liabilities	3,787,532	2,835,553
Revenue	7,467,490	10,710,578	$ 2,862,315
Net income (loss)	930,267	3,914,284	592,205
Other comprehensive income	145,828	14,291	(37,993)
Comprehensive income	1,076,095	3,928,575	554,212
SQM Vitas Fzco.
Disclosure of joint ventures [line items]
Current assets	34,056	9,618
Non-current assets	0	0
Current liabilities	52	49
Non-current liabilities	0	0
Revenue	0	0	0
Net income (loss)	359	165	159
Other comprehensive income	0	0	0
Comprehensive income	359	165	159
SQM Vitas Brasil Agroindustria
Disclosure of joint ventures [line items]
Current assets	0	73,045
Non-current assets	0	6,111
Current liabilities	0	45,894
Non-current liabilities	0	0
Revenue	0	162,026	103,335
Net income (loss)	0	11,670	9,165
Other comprehensive income	0	602	(858)
Comprehensive income	0	12,272	8,307
SQM Vitas Perú S.A.C.
Disclosure of joint ventures [line items]
Current assets	40,327	59,196
Non-current assets	8,954	7,285
Current liabilities	36,898	49,596
Non-current liabilities	220	117
Revenue	53,477	61,387	48,128
Net income (loss)	(4,603)	4,586	3,289
Other comprehensive income	0	0	0
Comprehensive income	(4,603)	4,586	3,289
Pavoni & C. Spa
Disclosure of joint ventures [line items]
Current assets	11,879	11,516
Non-current assets	6,407	6,358
Current liabilities	8,146	8,853
Non-current liabilities	814	802
Revenue	21,439	18,066	19,599
Net income (loss)	792	939	347
Other comprehensive income	115	(344)	(634)
Comprehensive income	907	595	(287)
Covalent Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Current assets	6,980	2,077
Non-current assets	2,602	3,088
Current liabilities	7,106	7,062
Non-current liabilities	4,009	3,017
Revenue	0	0	0
Net income (loss)	215	(2,648)	(864)
Other comprehensive income	0	0	74
Comprehensive income	215	(2,648)	(790)
Pirra Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Current assets	0
Non-current assets	0
Current liabilities	0
Non-current liabilities	0
Revenue	0
Net income (loss)	0
Other comprehensive income	0
Comprehensive income	0
Joint ventures
Disclosure of joint ventures [line items]
Current assets	93,242	155,452
Non-current assets	17,963	22,842
Current liabilities	52,202	111,454
Non-current liabilities	5,043	3,936
Revenue	74,916	241,479	171,062
Net income (loss)	(3,237)	14,712	12,096
Other comprehensive income	115	258	(1,418)
Comprehensive income	$ (3,122)	$ 14,970	$ 10,678

Joint Ventures - Other Joint Ve

Joint Ventures - Other Joint Venture Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of joint ventures [line items]
Cash and cash equivalents	$ 1,041,369	$ 2,655,236	$ 1,515,051	$ 509,102
Other current financial liabilities	1,256,499	522,999
Other non-current financial liabilities	3,213,422	2,394,218
Subtotal	(280,787)	(244,458)	(214,239)
Interest expense	(138,402)	(86,651)	(84,626)
Income tax benefit (expense)	1,876,751	1,572,212	$ 249,016
Joint ventures
Disclosure of joint ventures [line items]
Cash and cash equivalents	33,033	12,913
Other current financial liabilities	2,043	15,280
Other non-current financial liabilities	0	117
Subtotal	(1,417)	(1,050)
Interest expense	(655)	(1,019)
Income tax benefit (expense)	(1,514)	4,899
SQM Vitas Fzco.
Disclosure of joint ventures [line items]
Cash and cash equivalents	28,012	3,866
Other current financial liabilities	0	0
Other non-current financial liabilities	0	0
Subtotal	0	0
Interest expense	(1)	(1)
Income tax benefit (expense)	0	0
SQM Vitas Brasil Agroindustria
Disclosure of joint ventures [line items]
Cash and cash equivalents	0	3,820
Other current financial liabilities	0	9,753
Other non-current financial liabilities	0	0
Subtotal	0	(331)
Interest expense	0	(333)
Income tax benefit (expense)	0	3,164
SQM Vitas Perú S.A.C.
Disclosure of joint ventures [line items]
Cash and cash equivalents	2,318	2,208
Other current financial liabilities	0	82
Other non-current financial liabilities	0	117
Subtotal	(513)	(360)
Interest expense	(220)	(298)
Income tax benefit (expense)	(2,013)	2,370
Pavoni & C. Spa
Disclosure of joint ventures [line items]
Cash and cash equivalents	838	1,088
Other current financial liabilities	2,043	4,951
Other non-current financial liabilities	0	0
Subtotal	(213)	(183)
Interest expense	(418)	(347)
Income tax benefit (expense)	392	459
Covalent Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Cash and cash equivalents	1,865	1,931
Other current financial liabilities	0	494
Other non-current financial liabilities	0	0
Subtotal	(691)	(176)
Interest expense	(16)	(40)
Income tax benefit (expense)	$ 107	$ (1,094)

Joint Ventures - Narrative (Det

Joint Ventures - Narrative (Details) $ in Thousands				3 Months Ended		12 Months Ended		60 Months Ended
	Dec. 19, 2023 USD ($)	Dec. 18, 2023 USD ($)	Feb. 09, 2021 USD ($) subsidiary	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2017	Dec. 31, 2025 USD ($)
Disclosure of joint ventures [line items]
Number of subsidiaries | subsidiary			2
Sichuan SQM Migao Chemical Fertilizers Co Ltd.
Disclosure of joint ventures [line items]
Sales contracts and interest in the joint venture			$ 11,500
Mt Holland
Disclosure of joint ventures [line items]
Ownership Interest, percentage							50%
Contribution towards projects in joint operations						$ 720,600
Pending contribution towards investment						$ 124,000
Mt Holland | Forecast
Disclosure of joint ventures [line items]
Other cash payments to acquire interests in joint ventures, classified as investing activities								$ 700,000
Production capacity, metric tons								50
SQM Vitas Brasil | SQM Vitas Fzco
Disclosure of joint ventures [line items]
Share of ownership in associates	100%
Profit loss from sale of interests in associates	$ 2,600
Dividends received from joint ventures, classified as investing activities		$ 14,282
SQM Vitas Fzco
Disclosure of joint ventures [line items]
Dividends received from joint ventures, classified as investing activities		$ 12,500
Pirra Lithium Pty Ltd.
Disclosure of joint ventures [line items]
Other cash payments to acquire interests in joint ventures, classified as investing activities					$ 3,544
Share of ownership in associates					37.50%	37.50%
SQM Vitas Perú S.A.C.
Disclosure of joint ventures [line items]
Share of ownership in associates						50%
SQM Vitas Perú S.A.C. | SQM Vitas Fzco | Forecast
Disclosure of joint ventures [line items]
Other cash payments to acquire interests in joint ventures, classified as investing activities				$ 5,000
Share of ownership in associates				50%

Cash and cash equivalents - Typ

Cash and cash equivalents - Types of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash and cash equivalents [abstract]
Cash on hand	$ 33	$ 43
Cash in banks	676,282	529,606
Other demand deposits	709	0
Total Cash	677,024	529,649
Short-term deposits, classified as cash equivalents	23,545	1,099,441
Short-term investments, classified as cash equivalents	340,800	1,026,146
Total cash equivalents	364,345	2,125,587
Total cash and cash equivalents	$ 1,041,369	$ 2,655,236	$ 1,515,051	$ 509,102

Cash and cash equivalents - Sho

Cash and cash equivalents - Short-Term Investments, Classified as Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosures Of Cash And Cash Equivalents [Line Items]
Short-term investments, classified as cash equivalents	$ 340,800	$ 1,026,146
Legg Mason - Western Asset Institutional cash reserves
Disclosures Of Cash And Cash Equivalents [Line Items]
Short-term investments, classified as cash equivalents	312,924	590,661
JP Morgan US dollar Liquidity Fund Institutional
Disclosures Of Cash And Cash Equivalents [Line Items]
Short-term investments, classified as cash equivalents	22,845	435,485
Banco Crédito e Inversiones
Disclosures Of Cash And Cash Equivalents [Line Items]
Short-term investments, classified as cash equivalents	$ 5,031	$ 0

Cash and cash equivalents - Res

Cash and cash equivalents - Restricted Cash Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosures Of Cash And Cash Equivalents [Line Items]
Restricted cash	$ 950	$ 717
Isapre Norte Grande Ltda.
Disclosures Of Cash And Cash Equivalents [Line Items]
Restricted cash	$ 950	$ 717

Cash and cash equivalents - S_2

Cash and cash equivalents - Short-Term Deposits, Classified as Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosures Of Cash And Cash Equivalents [Line Items]
Principal	$ 50,707	$ 345,949
Short-term deposits, classified as cash equivalents	$ 23,545	$ 1,099,441
Short term deposit one
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.39%	0.95%
Principal	$ 5,000	$ 42,998
Interest accrued to-date	16	609
Short-term deposits, classified as cash equivalents	$ 5,016	$ 43,607
Short term deposit two
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.28%	0.94%
Principal	$ 1,300	$ 100,817
Interest accrued to-date	2	537
Short-term deposits, classified as cash equivalents	$ 1,302	$ 101,354
Short term deposit three
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.80%	0.96%
Principal	$ 1,000	$ 41,421
Interest accrued to-date	0	343
Short-term deposits, classified as cash equivalents	$ 1,000	$ 41,764
Short term deposit four
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.27%	0.96%
Principal	$ 3,000	$ 100,660
Interest accrued to-date	6	644
Short-term deposits, classified as cash equivalents	$ 3,006	$ 101,304
Short term deposit five
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.54%	0.95%
Principal	$ 2,000	$ 32,248
Interest accrued to-date	8	458
Short-term deposits, classified as cash equivalents	$ 2,008	$ 32,706
Short term deposit six
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.45%	0.95%
Principal	$ 2,700	$ 73,831
Interest accrued to-date	5	1,070
Short-term deposits, classified as cash equivalents	$ 2,705	$ 74,901
Short term deposit seven
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.23%	0.96%
Principal	$ 2,200	$ 30,146
Interest accrued to-date	4	183
Short-term deposits, classified as cash equivalents	$ 2,204	$ 30,329
Short term deposit eight
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.16%	0.95%
Principal	$ 1,140	$ 103,288
Interest accrued to-date	1	523
Short-term deposits, classified as cash equivalents	$ 1,141	$ 103,811
Short term deposit nine
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.78%	0.94%
Principal	$ 700	$ 20,710
Interest accrued to-date	2	168
Short-term deposits, classified as cash equivalents	$ 702	$ 20,878
Short term deposit ten
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.70%	0.96%
Principal	$ 1,850	$ 50,330
Interest accrued to-date	1	322
Short-term deposits, classified as cash equivalents	$ 1,851	$ 50,652
Short term deposit eleven
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	1.02%	0.98%
Principal	$ 1,300	$ 100,487
Interest accrued to-date	6	621
Short-term deposits, classified as cash equivalents	$ 1,306	$ 101,108
Short term deposit twelve
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate	0.77%	0.96%
Principal	$ 1,300	$ 70,341
Interest accrued to-date	4	428
Short-term deposits, classified as cash equivalents	1,304	$ 70,769
Short term deposit thirteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.97%
Principal		$ 100,258
Interest accrued to-date		584
Short-term deposits, classified as cash equivalents		$ 100,842
Short term deposit fourteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		4.54%
Principal		$ 82,000
Interest accrued to-date		424
Short-term deposits, classified as cash equivalents		$ 82,424
Short term deposit fifteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		4.54%
Principal		$ 122,000
Interest accrued to-date		631
Short-term deposits, classified as cash equivalents		$ 122,631
Short term deposit sixteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.42%
Principal		$ 2,000
Interest accrued to-date		7
Short-term deposits, classified as cash equivalents		$ 2,007
Short term deposit seventeen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.44%
Principal		$ 1,500
Interest accrued to-date		6
Short-term deposits, classified as cash equivalents		$ 1,506
Short term deposit eighteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.22%
Principal		$ 2,103
Interest accrued to-date		1
Short-term deposits, classified as cash equivalents		$ 2,104
Short term deposit nineteen
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.95%
Principal		$ 600
Interest accrued to-date		2
Short-term deposits, classified as cash equivalents		$ 602
Short term deposit twenty
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		1.02%
Principal		$ 500
Interest accrued to-date		2
Short-term deposits, classified as cash equivalents		$ 502
Short term deposit twenty one
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.46%
Principal		$ 1,000
Interest accrued to-date		4
Short-term deposits, classified as cash equivalents		$ 1,004
Short term deposit twenty two
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.42%
Principal		$ 700
Interest accrued to-date		2
Short-term deposits, classified as cash equivalents		$ 702
Short term deposit twenty three
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		1.07%
Principal		$ 1,700
Interest accrued to-date		3
Short-term deposits, classified as cash equivalents		$ 1,703
Short term deposit twenty four
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.66%
Principal		$ 1,000
Interest accrued to-date		3
Short-term deposits, classified as cash equivalents		$ 1,003
Short term deposit twenty five
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.64%
Principal		$ 2,500
Interest accrued to-date		15
Short-term deposits, classified as cash equivalents		$ 2,515
Short term deposit twenty six
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.72%
Principal		$ 2,200
Interest accrued to-date		1
Short-term deposits, classified as cash equivalents		$ 2,201
Short term deposit twenty seven
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.96%
Principal		$ 500
Interest accrued to-date		0
Short-term deposits, classified as cash equivalents		$ 500
Short term deposit twenty eight
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.58%
Principal		$ 1,500
Interest accrued to-date		8
Short-term deposits, classified as cash equivalents		$ 1,508
Short term deposit twenty nine
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.38%
Principal		$ 1,500
Interest accrued to-date		3
Short-term deposits, classified as cash equivalents		$ 1,503
Short term deposit thirty
Disclosures Of Cash And Cash Equivalents [Line Items]
Interest Rate		0.87%
Principal		$ 1,000
Interest accrued to-date		1
Short-term deposits, classified as cash equivalents		1,001
Short-term deposits classified as cash equivalents
Disclosures Of Cash And Cash Equivalents [Line Items]
Principal	23,490	1,091,838
Interest accrued to-date	55	7,603
Short-term deposits, classified as cash equivalents	$ 23,545	$ 1,099,441

Inventories - Type of Inventory

Inventories - Type of Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Inventories
Raw material	$ 61,098	$ 27,035
Production supplies	77,810	68,426
Products-in-progress	744,217	590,946
Finished product	891,469	1,097,874
Total	$ 1,774,594	$ 1,784,281

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Inventories
Current materials and supplies to be consumed in production process or rendering services	$ 503,318	$ 513,209
Products in progress	221,559	122,284
Finished product	164,029	198,796
Cost of inventories recognised as expense during period	$ 133,768	$ 104,057

Inventories - Breakdown of Inve

Inventories - Breakdown of Inventory Allowances (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Inventories
Raw material and supplies for production	$ 7,724	$ 4,186
Products-in-progress	104,970	83,499
Finished product	21,074	16,372
Total	$ 133,768	$ 104,057	$ 75,892	$ 80,930

Inventories - Movements in Inve

Inventories - Movements in Inventory Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Inventories
Beginning balance	$ 104,057	$ 75,892	$ 80,930
Increase in Lower Value	32,926	29,693	(3,650)
Additional Provision Differences of Inventory	455	(161)	330
Increase / Decrease eventual differences and others	0	0	0
Provision Used	(3,670)	(1,367)	(1,718)
Total changes	29,711	28,165	(5,038)
Final balance	$ 133,768	$ 104,057	$ 75,892

Related party disclosures - Sig

Related party disclosures - Significant Transactions with Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Ajay Europe SARL
Related Party Disclosures [Line Items]
Revenue from sale of products	$ 45,314	$ 45,205	$ 35,597
Revenue from dividends	4,682	1,778	992
Ajay North America LL.C.
Related Party Disclosures [Line Items]
Revenue from sale of products	30,791	41,814	27,763
Revenue from dividends	4,013	1,576	1,233
Abu Dhabi Fertilizer Industries WWL
Related Party Disclosures [Line Items]
Revenue from dividends	633	3,000	9,438
SQM Vitas Brasil Agroindustria
Related Party Disclosures [Line Items]
Revenue from sale of products	9,019	51,748	79,086
SQM Vitas Perú S.A.C.
Related Party Disclosures [Line Items]
Revenue from sale of products	17,312	58,077	17,016
Coromandel SQM India
Related Party Disclosures [Line Items]
Revenue from sale of products	0	0	1,814
Pavoni & C. Spa
Related Party Disclosures [Line Items]
Revenue from sale of products	5,541	4,138	5,359
Banco de Chile
Related Party Disclosures [Line Items]
Revenue from service providers	(32,418)	(27,918)	(20,904)
El Mercurio S.A.P.
Related Party Disclosures [Line Items]
Revenue from service providers	(1,038)	(90)	(131)
Compañía de Seguros de Vida Consorcio Nacional
Related Party Disclosures [Line Items]
Revenue from service providers	(33)	(31)	(134)
Entel PCS Telecomunicaciones S.A.
Related Party Disclosures [Line Items]
Revenue from service providers	(182)	(228)	(157)
Gonzalo Guerrero Yamamoto
Related Party Disclosures [Line Items]
Revenue from service providers	0	(19)	(79)
Empresa Nacional de Telecomunicaciones
Related Party Disclosures [Line Items]
Revenue from service providers	(3,485)	(1,746)	(2,393)
Instituto Chileno administración empresas
Related Party Disclosures [Line Items]
Revenue from service providers	(134)	(46)	0
Fundación para el desarrollo social
Related Party Disclosures [Line Items]
Revenue from service providers	0	(7)	0
Corporación Endeavor Chile
Related Party Disclosures [Line Items]
Revenue from service providers	$ (101)	$ 0	$ 0

Related party disclosures - Tra

Related party disclosures - Trade Receivables Due from Related Parties, Current (Details) $ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 AUD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 AUD ($)
Related Party Disclosures [Line Items]
Current receivables due from related parties	$ 43,253	$ 2,346	$ 81,622	$ 0
Ajay Europe SARL
Related Party Disclosures [Line Items]
Current receivables due from related parties	8,932		7,967
Ajay North America LL.C.
Related Party Disclosures [Line Items]
Current receivables due from related parties	4,393		8,354
Soc. de Inversiones Pampa Calichera
Related Party Disclosures [Line Items]
Current receivables due from related parties	5		5
SQM Vitas Brasil Agroindustria
Related Party Disclosures [Line Items]
Current receivables due from related parties	0		32,054
SQM Vitas Perú S.A.C.
Related Party Disclosures [Line Items]
Current receivables due from related parties	27,115		31,081
SQM Vitas Fzco.
Related Party Disclosures [Line Items]
Current receivables due from related parties	232		232
Pavoni & C. Spa
Related Party Disclosures [Line Items]
Current receivables due from related parties	2,576		888
Covalent Lithium Pty Ltd.
Related Party Disclosures [Line Items]
Current receivables due from related parties	$ 0	$ 2,346	$ 1,041	$ 0

Related party disclosures - Nar

Related party disclosures - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Related Party Disclosures [Line Items]
Provision for receivables	$ 7,075	$ 8,815
Related parties
Related Party Disclosures [Line Items]
Provision for receivables	$ 800	$ 1,378

Related party disclosures - Oth

Related party disclosures - Other Disclosures (Details) $ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 AUD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 AUD ($)
Related Party Disclosures [Line Items]
Current receivables due from related parties	$ 43,253	$ 2,346	$ 81,622	$ 0
Covalent Lithium Pty Ltd.
Related Party Disclosures [Line Items]
Current receivables due from related parties	$ 0	$ 2,346	$ 1,041	$ 0

Financial instruments - Descrip

Financial instruments - Description of Other Financial Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Other current financial assets	$ 1,325,843	$ 961,355
Other non-current financial assets	248,281	32,126
Financial assets at amortized cost
Financial instruments [Line Items]
Other current financial assets	1,316,797	950,167
Other non-current financial assets	20	23
Financial instruments for hedging purposes
Financial instruments [Line Items]
Other current financial assets	8,527	7,014
Other non-current financial assets	15,993	22,606
Derivative financial instruments, non-hedging
Financial instruments [Line Items]
Other current financial assets	519	4,174
Financial assets at fair value through other comprehensive income
Financial instruments [Line Items]
Other non-current financial assets	$ 232,268	$ 9,497

Financial instruments - Financi

Financial instruments - Financial Assets By Institution (Details) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial instruments [Line Items]
Other current financial assets	$ 1,325,843			$ 1,325,843	$ 961,355
Acquisition of non-current financial assets				30,701	0	$ 0
Azure Minerals Limited
Financial instruments [Line Items]
Current investments in equity instruments designated at fair value through other comprehensive income	135,358			135,358
Term deposit One
Financial instruments [Line Items]
Collateral guarantees	5,590			5,590
Financial assets at amortized cost
Financial instruments [Line Items]
Other current financial assets	1,316,797			1,316,797	950,167
Financial assets at amortized cost | Banco Crédito e Inversiones
Financial instruments [Line Items]
Other current financial assets	74,459			74,459	187,707
Financial assets at amortized cost | Banco Morgan Stanley
Financial instruments [Line Items]
Other current financial assets	5,590			5,590	0
Financial assets at amortized cost | Banco Santander
Financial instruments [Line Items]
Other current financial assets	100,083			100,083	51,444
Financial assets at amortized cost | Banco Itaú CorpBanca
Financial instruments [Line Items]
Other current financial assets	372,061			372,061	15,048
Financial assets at amortized cost | Banco Estado
Financial instruments [Line Items]
Other current financial assets	0			0	85,055
Financial assets at amortized cost | Banco de Chile
Financial instruments [Line Items]
Other current financial assets	0			0	150,259
Financial assets at amortized cost | Scotiabank Sud Americano
Financial instruments [Line Items]
Other current financial assets	672,720			672,720	250,362
Financial assets at amortized cost | Sumitomo Mitsui Banking
Financial instruments [Line Items]
Other current financial assets	91,884			$ 91,884	$ 210,292
Financial assets at fair value through other comprehensive income | Azure Minerals Limited
Financial instruments [Line Items]
Acquisition of non-current financial assets	$ 4,317	$ 12,904	$ 13,480
Financial asset, ownership interest percentage			19.99%
Acquisition agreement, right to acquire products, percentage			25%

Financial instruments - Trade a

Financial instruments - Trade and Other Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Trade and other current receivables	$ 907,181	$ 1,087,420
Non-current trade receivables	2,559	2,091
Trade and other non-current receivables	2,559	2,091
Trade and other receivables	909,740	1,089,511
Trade and other receivables
Financial instruments [Line Items]
Current trade receivables	784,422	1,002,223
Current prepayments	74,630	38,709
Other current receivables	18,163	16,648
Guarantee deposits, current	29,966	29,840
Non-current trade receivables	0	0
Non-current prepayments	0	0
Other non-current receivables	2,559	2,091
Guarantee deposits, non-current	0	0
Trade receivables	784,422	1,002,223
Prepayments	74,630	38,709
Other Receivables	20,722	18,739
Guarantee deposits	$ 29,966	$ 29,840

Financial instruments - Trade_2

Financial instruments - Trade and Other Receivables Reconciliation (Details)	3 Months Ended
	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financial instruments [Line Items]
Gross receivables		$ 916,815,000	$ 1,098,326,000
Impairment provision for doubtful receivables		(7,075,000)	(8,815,000)
Trade and other receivables		909,740,000	1,089,511,000
Battery-Grade Lithium Hydroxide Monohydrate Plant
Financial instruments [Line Items]
Production capacity, metric tons	20,000
Receivables related to credit operations, current
Financial instruments [Line Items]
Gross receivables		787,667,000	1,006,982,000
Impairment provision for doubtful receivables		(3,245,000)	(4,759,000)
Trade and other receivables		784,422,000	1,002,223,000
Prepayments, current
Financial instruments [Line Items]
Gross receivables		75,414,000	39,493,000
Impairment provision for doubtful receivables		(784,000)	(784,000)
Trade and other receivables		74,630,000	38,709,000
Other receivables, current
Financial instruments [Line Items]
Gross receivables		21,209,000	19,920,000
Impairment provision for doubtful receivables		(3,046,000)	(3,272,000)
Trade and other receivables		18,163,000	16,648,000
Guarantee deposits
Financial instruments [Line Items]
Gross receivables		29,966,000	29,840,000
Impairment provision for doubtful receivables		0	0
Trade and other receivables		29,966,000	29,840,000
Other receivables, non-current
Financial instruments [Line Items]
Gross receivables		2,559,000	2,091,000
Impairment provision for doubtful receivables		0	0
Trade and other receivables		$ 2,559,000	$ 2,091,000

Financial instruments - Narrati

Financial instruments - Narrative (Details) $ in Thousands, ¥ in Millions		3 Months Ended		12 Months Ended
	Aug. 18, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financial instruments [Line Items]
Payments to acquire new plant				$ 1,103,598	$ 905,247	$ 464,718
Percentage of trade and other receivables due from renegotiated portfolio				0	0
Effect on profit or loss for the period derivative instruments				$ (7,666)	$ 25,714
Outstanding purchase commitments				$ 296,598	$ 191,319
Series Q bonds
Financial instruments [Line Items]
Effect on profit or loss for the period derivative instruments	$ 16,440
Proceeds received related to hedging items	$ 17,320
Battery-Grade Lithium Hydroxide Monohydrate Plant
Financial instruments [Line Items]
Payments to acquire new plant		$ 119,575	¥ 869
Battery-Grade Lithium Hydroxide Monohydrate Plant | First installment
Financial instruments [Line Items]
Payments to acquire new plant		$ 29,322	¥ 204.5

Financial instruments - Renegot

Financial instruments - Renegotiated Portfolio and Impairment Provision for Doubtful Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Total Gross Book Value	$ 907,181	$ 1,087,420
Trade receivables due from related parties
Financial instruments [Line Items]
Total Gross Book Value	44,053	83,000
Impairment Estimate	$ 800	$ 1,378
Current
Financial instruments [Line Items]
Expected Loss Rate on	0%	0%
Total Gross Book Value	$ 758,781	$ 968,129
Impairment Estimate	$ 1,007	$ 948
1 to 30 days
Financial instruments [Line Items]
Expected Loss Rate on	2%	1%
Total Gross Book Value	$ 18,732	$ 30,187
Impairment Estimate	$ 422	$ 391
31 to 60 days
Financial instruments [Line Items]
Expected Loss Rate on	7%	7%
Total Gross Book Value	$ 2,684	$ 1,457
Impairment Estimate	$ 197	$ 108
61 to 90 days
Financial instruments [Line Items]
Expected Loss Rate on	2%	6%
Total Gross Book Value	$ 3,509	$ 3,336
Impairment Estimate	$ 67	$ 186
Over 90 days
Financial instruments [Line Items]
Expected Loss Rate on	39%	81%
Total Gross Book Value	$ 3,961	$ 3,873
Impairment Estimate	1,552	3,126
Trade
Financial instruments [Line Items]
Total Gross Book Value	787,667	1,006,982
Impairment Estimate	$ 3,245	$ 4,759

Financial instruments - Movemen

Financial instruments - Movements in Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Impairment provision of accounts receivable at the beginning of the year	$ 10,193	$ 14,716	$ 27,273
Increase (decrease) impairment of accounts receivable	(202)	(3,369)	235
Write-off of receivables	(1,351)	0	(11,091)
Difference in exchange rate	(765)	(1,154)	(1,701)
Impairment provision of Accounts Receivable Provision at the end of the year	7,875	10,193	14,716
Trade and other Receivables Provision	3,245	4,759	10,352
Current other Receivables Provision	3,830	4,056	3,647
Trade receivables with related parties, current Provision	800	1,378	717
Recovery of Insurrance	0	0	210
Impairment provision of Accounts Receivable	$ 7,875	$ 10,193	$ 14,716

Financial instruments - Derivat

Financial instruments - Derivative Financial Instruments (Hedges) Measured at Fair Value (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 18, 2023	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Hedging assets		$ 25,039	$ 33,794
Hedging liabilities		53,657	68,342
Effect on profit or loss for the period derivative instruments		(7,666)	25,714
Hedging reserve in equity before tax		(1,275)	(19,967)
Series Q bonds
Financial instruments [Line Items]
Effect on profit or loss for the period derivative instruments	$ 16,440
Debt | Cross currency swap contracts
Financial instruments [Line Items]
Hedging assets		23,031	22,481
Hedging liabilities		38,810	62,526
Effect on profit or loss for the period derivative instruments		(13,067)	(12,939)
Hedging reserve in equity before tax		(2,712)	(27,106)
Debt | Cross currency swap contracts | Short term
Financial instruments [Line Items]
Hedging assets		7,038	7,014
Hedging liabilities		30,442	42,754
Effect on profit or loss for the period derivative instruments		0	0
Hedging reserve in equity before tax		0	0
Debt | Cross currency swap contracts | Long term
Financial instruments [Line Items]
Hedging assets		15,993	15,467
Hedging liabilities		8,368	19,772
Effect on profit or loss for the period derivative instruments		0	0
Hedging reserve in equity before tax		0	0
Investment
Financial instruments [Line Items]
Hedging assets		24,520	29,620
Hedging liabilities		38,862	62,526
Effect on profit or loss for the period derivative instruments		(13,067)	(12,939)
Hedging reserve in equity before tax		(1,275)	(19,967)
Investment | Forward contract
Financial instruments [Line Items]
Hedging assets		1,489	7,139
Hedging liabilities		52	0
Effect on profit or loss for the period derivative instruments		0	0
Hedging reserve in equity before tax		1,437	7,139
Investment | Forward contract | Short term
Financial instruments [Line Items]
Hedging assets		1,489
Hedging liabilities		0
Effect on profit or loss for the period derivative instruments		0
Hedging reserve in equity before tax		0
Investment | Forward contract | Long term
Financial instruments [Line Items]
Hedging assets		0	7,139
Hedging liabilities		52	0
Effect on profit or loss for the period derivative instruments		0	0
Hedging reserve in equity before tax		1,437	7,139
Investment | Option contract
Financial instruments [Line Items]
Hedging assets		519	4,174
Hedging liabilities		14,795	5,816
Effect on profit or loss for the period derivative instruments		5,401	38,653
Hedging reserve in equity before tax		0	0
Investment | Option contract | Short term
Financial instruments [Line Items]
Hedging assets		519	4,174
Hedging liabilities		14,795	5,816
Effect on profit or loss for the period derivative instruments		0	0
Hedging reserve in equity before tax		$ 0	$ 0

Financial instruments - Reconci

Financial instruments - Reconciliation of Asset and Liability Hedging Derivatives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Hedge-to-debt derivatives
Disclosure of detailed information about hedging instruments [line items]
Hedging derivative, beginning balance	$ (10,061)	$ (81,597)
Hedging derivative, ending balance	2,520	(10,061)
Hedging derivatives to investment
Disclosure of detailed information about hedging instruments [line items]
Hedging derivative, beginning balance	(29,984)	12,613
Hedging derivative, ending balance	(18,300)	(29,984)
Non-hedging derivatives disbursement SQM Australia Pty asset
Disclosure of detailed information about hedging instruments [line items]
Hedging derivative, beginning balance	7,139	0
Hedging derivative, ending balance	1,437	7,139
Non-hedging derivatives
Disclosure of detailed information about hedging instruments [line items]
Hedging derivative, beginning balance	(1,642)	(418)
Hedging derivative, ending balance	(14,275)	(1,642)
Cash Flow | Hedge-to-debt derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	(14,850)	8,616
Cash Flow | Hedging derivatives to investment
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	(10,082)	(52,698)
Cash Flow | Non-hedging derivatives disbursement SQM Australia Pty asset
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	1,183	2,022
Cash Flow | Non-hedging derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	(18,034)	(39,878)
Income Statement | Hedge-to-debt derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	6,631	37,494
Income Statement | Hedging derivatives to investment
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	18,171	16,104
Income Statement | Non-hedging derivatives disbursement SQM Australia Pty asset
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	(1,183)	0
Income Statement | Non-hedging derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	5,401	38,653
Equity and Others | Hedge-to-debt derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	20,800	25,426
Equity and Others | Hedging derivatives to investment
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	3,595	(6,003)
Equity and Others | Non-hedging derivatives disbursement SQM Australia Pty asset
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	(5,702)	5,117
Equity and Others | Non-hedging derivatives
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedging derivatives	$ 0	$ 0

Financial instruments - Deriv_2

Financial instruments - Derivative Contract Maturities (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Series H bonds
Financial instruments [Line Items]
Contract amount	$ 91,718
Series O bonds
Financial instruments [Line Items]
Contract amount	58,748
Series P bonds
Financial instruments [Line Items]
Contract amount	134,228
Series Q bonds
Financial instruments [Line Items]
Contract amount	$ 123,370

Financial instruments - Other C

Financial instruments - Other Current and Non-Current Financial Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Other current financial liabilities	$ 1,256,499	$ 522,999
Other non-current financial liabilities	3,213,422	2,394,218
Total	4,469,921	2,917,217
Bank borrowings | Liabilities at amortized cost
Financial instruments [Line Items]
Other current financial liabilities	1,164,262	130,840
Other non-current financial liabilities	295,518	197,522
Total	1,459,780	328,362
Unsecured obligations | Liabilities at amortized cost
Financial instruments [Line Items]
Other current financial liabilities	46,999	343,589
Other non-current financial liabilities	2,909,485	2,176,924
Total	2,956,484	2,520,513
For hedging | Derivative financial instruments
Financial instruments [Line Items]
Other current financial liabilities	30,443	42,754
Other non-current financial liabilities	8,419	19,772
Total	38,862	62,526
Non-Hedging | Derivative financial instruments
Financial instruments [Line Items]
Other current financial liabilities	14,795	5,816
Other non-current financial liabilities	0	0
Total	$ 14,795	$ 5,816

Financial instruments - Bank Bo

Financial instruments - Bank Borrowings, Current (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Notional amount	$ 50,707	$ 345,949
Borrowing costs	(3,708)	(2,360)
Bank borrowings
Financial instruments [Line Items]
Notional amount	1,130,000	130,000
Current amounts	1,164,262	130,989
Borrowing costs	0	(149)
Total	1,164,262	130,840
Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	15,000	60,000
Current amounts	15,569	60,596
Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	1,115,000	70,000
Current amounts	$ 1,148,693	$ 70,393
Bank of Nova Scotia
Financial instruments [Line Items]
Effective rate	5.88%
Nominal rate	6.64%
Bank of Nova Scotia | Bank borrowings
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	406
Borrowing costs	0
Total	$ 406
Bank of Nova Scotia | Bank borrowings | June 21, 2024
Financial instruments [Line Items]
Effective rate	5.88%
Nominal rate	6.64%
Bank of Nova Scotia | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Bank of Nova Scotia | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0
Current amounts	$ 406
Banco Santander/Kexim
Financial instruments [Line Items]
Effective rate	5.49%
Nominal rate	6.36%
Banco Santander/Kexim | Bank borrowings
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	177
Borrowing costs	0
Total	$ 177
Banco Santander/Kexim | Bank borrowings | June 21, 2024
Financial instruments [Line Items]
Effective rate	4.49%
Nominal rate	6.36%
Banco Santander/Kexim | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Santander/Kexim | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0
Current amounts	$ 177
JP Morgan | Bank borrowings | May 28, 2024
Financial instruments [Line Items]
Effective rate	6.69%
Nominal rate	6.69%
Banco Santander 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	$ 120,000
Current amounts	124,383
Borrowing costs	0
Total	$ 124,383
Banco Santander 1 | Bank borrowings | May 17, 2024
Financial instruments [Line Items]
Effective rate	5.95%
Nominal rate	5.95%
Banco Santander 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Santander 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	120,000
Current amounts	124,383
Banco Santander 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	200,000
Current amounts	204,625
Borrowing costs	0
Total	$ 204,625
Banco Santander 2 | Bank borrowings | August 26, 2024
Financial instruments [Line Items]
Effective rate	6.88%
Nominal rate	6.88%
Banco Santander 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Santander 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	200,000
Current amounts	204,625
Scotiabank Chile 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	25,000
Current amounts	25,898
Borrowing costs	0
Total	$ 25,898
Scotiabank Chile 1 | Bank borrowings | May 30, 2024
Financial instruments [Line Items]
Effective rate	6.19%
Nominal rate	6.19%
Scotiabank Chile 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Scotiabank Chile 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	25,000
Current amounts	25,898
Banco Estado 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	15,000
Current amounts	15,569
Borrowing costs	0
Total	$ 15,569
Banco Estado 1 | Bank borrowings | February 20, 2024
Financial instruments [Line Items]
Effective rate	6.18%
Nominal rate	6.18%
Banco Estado 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 15,000
Current amounts	15,569
Banco Estado 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0
Current amounts	0
Banco Estado 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,695
Borrowing costs	0
Total	$ 20,695
Banco Estado 2 | Bank borrowings | June 10, 2024
Financial instruments [Line Items]
Effective rate	6.19%
Nominal rate	6.19%
Banco Estado 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Estado 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,695
BCI 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	100,000
Current amounts	104,176
Borrowing costs	0
Total	$ 104,176
BCI 1 | Bank borrowings | April 18, 2024
Financial instruments [Line Items]
Effective rate	6.01%
Nominal rate	6.01%
BCI 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
BCI 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	100,000
Current amounts	104,176
BCI 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	100,000
Current amounts	101,238
Borrowing costs	0
Total	$ 101,238
BCI 2 | Bank borrowings | October 17, 2024
Financial instruments [Line Items]
Effective rate	5.84%
Nominal rate	6.46%
BCI 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
BCI 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	100,000
Current amounts	101,238
BCI 3 | Bank borrowings
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,825
Borrowing costs	0
Total	$ 51,825
BCI 3 | Bank borrowings | May 24, 2024
Financial instruments [Line Items]
Effective rate	6.17%
Nominal rate	6.17%
BCI 3 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
BCI 3 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,825
Banco Itau 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	10,000
Current amounts	10,309
Borrowing costs	0
Total	$ 10,309
Banco Itau 1 | Bank borrowings | July 5, 2024
Financial instruments [Line Items]
Effective rate	6.50%
Nominal rate	6.50%
Banco Itau 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Itau 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	10,000
Current amounts	10,309
Banco de Chile 1 | Bank borrowings
Financial instruments [Line Items]
Notional amount	30,000
Current amounts	31,077
Borrowing costs	0
Total	$ 31,077
Banco de Chile 1 | Bank borrowings | May 16, 2024
Financial instruments [Line Items]
Effective rate	5.85%
Nominal rate	5.85%
Banco de Chile 1 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco de Chile 1 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	30,000
Current amounts	31,077
Banco Itau 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,618
Borrowing costs	0
Total	$ 20,618
Banco Itau 2 | Bank borrowings | July 5, 2024
Financial instruments [Line Items]
Effective rate	6.50%
Nominal rate	6.50%
Banco Itau 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Itau 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,618
Banco Itau 3 | Bank borrowings
Financial instruments [Line Items]
Notional amount	10,000
Current amounts	10,311
Borrowing costs	0
Total	$ 10,311
Banco Itau 3 | Bank borrowings | July 5, 2024
Financial instruments [Line Items]
Effective rate	6.50%
Nominal rate	6.50%
Banco Itau 3 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Itau 3 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	10,000
Current amounts	10,311
Banco Itau 4 | Bank borrowings
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,618
Borrowing costs	0
Total	$ 20,618
Banco Itau 4 | Bank borrowings | July 5, 2024
Financial instruments [Line Items]
Effective rate	6.50%
Nominal rate	6.50%
Banco Itau 4 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Itau 4 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	20,000
Current amounts	20,618
Scotiabank Chile 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,864
Borrowing costs	0
Total	$ 51,864
Scotiabank Chile 2 | Bank borrowings | May 17, 2024
Financial instruments [Line Items]
Effective rate	6.07%
Nominal rate	6.07%
Scotiabank Chile 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Scotiabank Chile 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,864
Scotiabank Chile 3 | Bank borrowings
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,797
Borrowing costs	0
Total	$ 51,797
Scotiabank Chile 3 | Bank borrowings | May 30, 2024
Financial instruments [Line Items]
Effective rate	6.19%
Nominal rate	6.19%
Scotiabank Chile 3 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Scotiabank Chile 3 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	51,797
Banco Estado 3 | Bank borrowings
Financial instruments [Line Items]
Notional amount	70,000
Current amounts	71,913
Borrowing costs	0
Total	$ 71,913
Banco Estado 3 | Bank borrowings | July 18, 2024
Financial instruments [Line Items]
Effective rate	5.92%
Nominal rate	6.15%
Banco Estado 3 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Estado 3 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	70,000
Current amounts	71,913
Banco Estado 4 | Bank borrowings
Financial instruments [Line Items]
Notional amount	80,000
Current amounts	82,779
Borrowing costs	0
Total	$ 82,779
Banco Estado 4 | Bank borrowings | June 10, 2024
Financial instruments [Line Items]
Effective rate	6.19%
Nominal rate	6.19%
Banco Estado 4 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco Estado 4 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	80,000
Current amounts	82,779
Banco de Chile 2 | Bank borrowings
Financial instruments [Line Items]
Notional amount	40,000
Current amounts	41,436
Borrowing costs	0
Total	$ 41,436
Banco de Chile 2 | Bank borrowings | May 16, 2024
Financial instruments [Line Items]
Effective rate	5.85%
Nominal rate	5.85%
Banco de Chile 2 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco de Chile 2 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	40,000
Current amounts	41,436
Banco de Chile 3 | Bank borrowings
Financial instruments [Line Items]
Notional amount	70,000
Current amounts	72,260
Borrowing costs	0
Total	$ 72,260
Banco de Chile 3 | Bank borrowings | June 21, 2024
Financial instruments [Line Items]
Effective rate	6.25%
Nominal rate	6.25%
Banco de Chile 3 | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	$ 0
Current amounts	0
Banco de Chile 3 | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	70,000
Current amounts	72,260
Scotiabank Cayman
Financial instruments [Line Items]
Effective rate		2.33%
Nominal rate		3.19%
Scotiabank Cayman | Bank borrowings
Financial instruments [Line Items]
Notional amount		$ 70,000
Current amounts		70,393
Borrowing costs		(149)
Total		$ 70,244
Scotiabank Cayman | Bank borrowings | May 30, 2023
Financial instruments [Line Items]
Effective rate		0.97%
Nominal rate		5.22%
Scotiabank Cayman | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount		$ 0
Current amounts		0
Scotiabank Cayman | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount		70,000
Current amounts		70,393
Banco Itau | Bank borrowings
Financial instruments [Line Items]
Notional amount		20,000
Current amounts		20,062
Borrowing costs		0
Total		$ 20,062
Banco Itau | Bank borrowings | January 5, 2023
Financial instruments [Line Items]
Effective rate		4.50%
Nominal rate		4.50%
Banco Itau | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount		$ 20,000
Current amounts		20,062
Banco Itau | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount		0
Current amounts		0
Banco Estado | Bank borrowings
Financial instruments [Line Items]
Notional amount		40,000
Current amounts		40,128
Borrowing costs		0
Total		$ 40,128
Banco Estado | Bank borrowings | January 5, 2023
Financial instruments [Line Items]
Effective rate		4.59%
Nominal rate		4.59%
Banco Estado | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount		$ 40,000
Current amounts		40,128
Banco Estado | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount		0
Current amounts		$ 0
Banco JP Morgan | Bank borrowings
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	50,288
Borrowing costs	0
Total	50,288
Banco JP Morgan | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount	0
Current amounts	0
Banco JP Morgan | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	50,000
Current amounts	$ 50,288
Scotiabank
Financial instruments [Line Items]
Effective rate		5.10%
Nominal rate		6.08%
Scotiabank | Bank borrowings
Financial instruments [Line Items]
Notional amount		$ 0
Current amounts		406
Borrowing costs		0
Total		406
Scotiabank | Bank borrowings | Up to 90 days
Financial instruments [Line Items]
Notional amount		0
Current amounts		406
Scotiabank | Bank borrowings | 90 days to 1 year
Financial instruments [Line Items]
Notional amount		0
Current amounts		$ 0

Financial instruments - Unsecur

Financial instruments - Unsecured Obligations, Current (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Notional amount	$ 50,707	$ 345,949
Current maturities	50,707	345,949
Borrowing costs	(3,708)	(2,360)
Total	46,999	343,589
Up to 90 days
Financial instruments [Line Items]
Notional amount	40,167	32,517
Current maturities	40,167	32,517
90 days to 1 year
Financial instruments [Line Items]
Notional amount	10,540	313,432
Current maturities	$ 10,540	$ 313,432
Single Series Bond One
Financial instruments [Line Items]
Effective rate	0.80%	1.17%
Nominal rate	4.38%	4.38%
Notional amount	$ 4,648	$ 4,648
Current maturities	4,648	4,648
Borrowing costs	(433)	(433)
Total	4,215	4,215
Single Series Bond One | Up to 90 days
Financial instruments [Line Items]
Notional amount	4,648	4,648
Current maturities	4,648	4,648
Single Series Bond One | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	$ 0	$ 0
Single Series Bond Two
Financial instruments [Line Items]
Effective rate	2.39%	0.56%
Nominal rate	4.25%	3.63%
Notional amount	$ 2,869	$ 302,658
Current maturities	2,869	302,658
Borrowing costs	(677)	(170)
Total	2,192	302,488
Single Series Bond Two | Up to 90 days
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	0	0
Single Series Bond Two | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	2,869	302,658
Current maturities	$ 2,869	$ 302,658
Single Series Bond Three
Financial instruments [Line Items]
Effective rate	3.62%	3.01%
Nominal rate	4.25%	4.25%
Notional amount	$ 7,508	$ 2,869
Current maturities	7,508	2,869
Borrowing costs	(235)	(679)
Total	7,273	2,190
Single Series Bond Three | Up to 90 days
Financial instruments [Line Items]
Notional amount	7,508	0
Current maturities	7,508	0
Single Series Bond Three | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	2,869
Current maturities	$ 0	$ 2,869
Single Series Bond Four
Financial instruments [Line Items]
Effective rate	3.30%	3.79%
Nominal rate	3.50%	4.25%
Notional amount	$ 7,554	$ 7,508
Current maturities	7,554	7,508
Borrowing costs	(555)	(237)
Total	6,999	7,271
Single Series Bond Four | Up to 90 days
Financial instruments [Line Items]
Notional amount	7,554	7,508
Current maturities	7,554	7,508
Single Series Bond Four | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	$ 0	$ 0
Single Series Bond Five
Financial instruments [Line Items]
Effective rate	6.89%	3.44%
Nominal rate	6.50%	3.50%
Notional amount	$ 7,312	$ 7,554
Current maturities	7,312	7,554
Borrowing costs	(1,521)	(555)
Total	5,791	6,999
Single Series Bond Five | Up to 90 days
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	0	0
Single Series Bond Five | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	7,312	7,554
Current maturities	$ 7,312	$ 7,554
Series H bonds
Financial instruments [Line Items]
Effective rate	1.58%	1.23%
Nominal rate	4.90%	4.90%
Notional amount	$ 17,599	$ 17,566
Current maturities	17,599	17,566
Borrowing costs	(172)	(172)
Total	17,427	17,394
Series H bonds | Up to 90 days
Financial instruments [Line Items]
Notional amount	17,599	17,566
Current maturities	17,599	17,566
Series H bonds | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	$ 0	$ 0
Series O bonds
Financial instruments [Line Items]
Effective rate	1.68%	1.89%
Nominal rate	3.80%	3.80%
Notional amount	$ 987	$ 965
Current maturities	987	965
Borrowing costs	(82)	(82)
Total	905	883
Series O bonds | Up to 90 days
Financial instruments [Line Items]
Notional amount	987	965
Current maturities	987	965
Series O bonds | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	$ 0	$ 0
Series P bonds
Financial instruments [Line Items]
Effective rate	1.41%	1.72%
Nominal rate	3.25%	3.25%
Notional amount	$ 1,871	$ 1,830
Current maturities	1,871	1,830
Borrowing costs	(12)	(12)
Total	1,859	1,818
Series P bonds | Up to 90 days
Financial instruments [Line Items]
Notional amount	1,871	1,830
Current maturities	1,871	1,830
Series P bonds | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	$ 0	$ 0
Series Q bonds
Financial instruments [Line Items]
Effective rate	2.41%	2.63%
Nominal rate	3.45%	3.45%
Notional amount	$ 359	$ 351
Current maturities	359	351
Borrowing costs	(21)	(20)
Total	338	331
Series Q bonds | Up to 90 days
Financial instruments [Line Items]
Notional amount	0	0
Current maturities	0	0
Series Q bonds | 90 days to 1 year
Financial instruments [Line Items]
Notional amount	359	351
Current maturities	$ 359	$ 351

Financial instruments - Bank _2

Financial instruments - Bank Borrowings, Non-Current (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Notional amount	$ 50,707	$ 345,949
Bond issuance costs	(3,708)	(2,360)
Unsecured obligations
Financial instruments [Line Items]
Notional amount	300,000	200,000
Carrying amount	300,000	200,000
Bond issuance costs	(4,482)	(2,478)
Total	295,518	197,522
Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	200,000	200,000
Carrying amount	200,000	200,000
Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	100,000	0
Carrying amount	$ 100,000	$ 0
Bank of Nova Scotia
Financial instruments [Line Items]
Effective rate	5.88%
Nominal rate	6.64%
Bank of Nova Scotia | Unsecured obligations
Financial instruments [Line Items]
Notional amount	$ 200,000
Carrying amount	200,000
Bond issuance costs	(1,648)
Total	198,352
Bank of Nova Scotia | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Bank of Nova Scotia | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	200,000
Carrying amount	200,000
Bank of Nova Scotia | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	$ 0
Banco Santander/Kexim
Financial instruments [Line Items]
Effective rate	5.49%
Nominal rate	6.36%
Banco Santander/Kexim | Unsecured obligations
Financial instruments [Line Items]
Notional amount	$ 100,000
Carrying amount	100,000
Bond issuance costs	(2,834)
Total	97,166
Banco Santander/Kexim | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Banco Santander/Kexim | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Banco Santander/Kexim | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	100,000
Carrying amount	$ 100,000
Scotiabank Cayman
Financial instruments [Line Items]
Effective rate		2.33%
Nominal rate		3.19%
Scotiabank Cayman | Unsecured obligations
Financial instruments [Line Items]
Notional amount		$ 0
Carrying amount		0
Bond issuance costs		0
Total		0
Scotiabank Cayman | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount		0
Carrying amount		0
Scotiabank Cayman | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount		0
Carrying amount		0
Scotiabank Cayman | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount		0
Carrying amount		$ 0
Scotiabank
Financial instruments [Line Items]
Effective rate		5.10%
Nominal rate		6.08%
Scotiabank | Unsecured obligations
Financial instruments [Line Items]
Notional amount		$ 200,000
Carrying amount		200,000
Bond issuance costs		(2,478)
Total		197,522
Scotiabank | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount		0
Carrying amount		0
Scotiabank | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount		200,000
Carrying amount		200,000
Scotiabank | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount		0
Carrying amount		$ 0

Financial instruments - Unsec_2

Financial instruments - Unsecured Obligations, Non-Current (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Notional amount	$ 50,707	$ 345,949
Bond issuance costs	(3,708)	(2,360)
Unsecured obligations
Financial instruments [Line Items]
Notional amount	2,948,462	2,204,648
Carrying amount	2,948,462	2,204,648
Bond issuance costs	(38,977)	(27,724)
Total	2,909,485	2,176,924
Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	250,000	0
Carrying amount	250,000	0
Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	250,000
Carrying amount	0	250,000
Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	2,698,462	1,954,648
Carrying amount	$ 2,698,462	$ 1,954,648
Single Series Bond One
Financial instruments [Line Items]
Effective rate	0.80%	1.17%
Nominal rate	4.38%	4.38%
Notional amount	$ 4,648	$ 4,648
Bond issuance costs	$ (433)	$ (433)
Single Series Bond One | Unsecured obligations
Financial instruments [Line Items]
Effective rate	4.24%	4.08%
Nominal rate	4.38%	4.38%
Notional amount	$ 250,000	$ 250,000
Carrying amount	250,000	250,000
Bond issuance costs	(36)	(469)
Total	249,964	249,531
Single Series Bond One | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	250,000	0
Carrying amount	250,000	0
Single Series Bond One | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond One | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	250,000
Carrying amount	0	250,000
Single Series Bond One | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond One | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	$ 0	$ 0
Single Series Bond Two
Financial instruments [Line Items]
Effective rate	2.39%	0.56%
Nominal rate	4.25%	3.63%
Notional amount	$ 2,869	$ 302,658
Bond issuance costs	$ (677)	$ (170)
Single Series Bond Two | Unsecured obligations
Financial instruments [Line Items]
Effective rate	4.14%	4.10%
Nominal rate	4.25%	4.25%
Notional amount	$ 450,000	$ 450,000
Carrying amount	450,000	450,000
Bond issuance costs	(2,991)	(3,666)
Total	447,009	446,334
Single Series Bond Two | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Two | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Two | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Two | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Two | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	450,000	450,000
Carrying amount	$ 450,000	$ 450,000
Single Series Bond Three
Financial instruments [Line Items]
Effective rate	3.62%	3.01%
Nominal rate	4.25%	4.25%
Notional amount	$ 7,508	$ 2,869
Bond issuance costs	$ (235)	$ (679)
Single Series Bond Three | Unsecured obligations
Financial instruments [Line Items]
Effective rate	4.23%	4.19%
Nominal rate	4.25%	4.25%
Notional amount	$ 400,000	$ 400,000
Carrying amount	400,000	400,000
Bond issuance costs	(5,879)	(6,112)
Total	394,121	393,888
Single Series Bond Three | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Three | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Three | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Three | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Three | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	400,000	400,000
Carrying amount	$ 400,000	$ 400,000
Single Series Bond Four
Financial instruments [Line Items]
Effective rate	3.30%	3.79%
Nominal rate	3.50%	4.25%
Notional amount	$ 7,554	$ 7,508
Bond issuance costs	$ (555)	$ (237)
Single Series Bond Four | Unsecured obligations
Financial instruments [Line Items]
Effective rate	3.45%	3.42%
Nominal rate	3.50%	3.50%
Notional amount	$ 700,000	$ 700,000
Carrying amount	700,000	700,000
Bond issuance costs	(14,787)	(15,341)
Total	685,213	684,659
Single Series Bond Four | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Four | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Four | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Four | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Single Series Bond Four | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	700,000	700,000
Carrying amount	$ 700,000	$ 700,000
Single Series Bond Five
Financial instruments [Line Items]
Effective rate	6.89%	3.44%
Nominal rate	6.50%	3.50%
Notional amount	$ 7,312	$ 7,554
Bond issuance costs	$ (1,521)	$ (555)
Single Series Bond Five | Unsecured obligations
Financial instruments [Line Items]
Effective rate	6.89%
Nominal rate	6.50%
Notional amount	$ 750,000
Carrying amount	750,000
Bond issuance costs	(13,437)
Total	736,563
Single Series Bond Five | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Single Series Bond Five | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Single Series Bond Five | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Single Series Bond Five | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0
Carrying amount	0
Single Series Bond Five | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	750,000
Carrying amount	$ 750,000
Series H bonds
Financial instruments [Line Items]
Effective rate	1.58%	1.23%
Nominal rate	4.90%	4.90%
Notional amount	$ 17,599	$ 17,566
Bond issuance costs	$ (172)	$ (172)
Series H bonds | Unsecured obligations
Financial instruments [Line Items]
Effective rate	4.76%	4.76%
Nominal rate	4.90%	4.90%
Notional amount	$ 83,887	$ 96,967
Carrying amount	83,887	96,967
Bond issuance costs	(861)	(1,034)
Total	83,026	95,933
Series H bonds | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series H bonds | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series H bonds | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series H bonds | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series H bonds | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	83,887	96,967
Carrying amount	$ 83,887	$ 96,967
Series O bonds
Financial instruments [Line Items]
Effective rate	1.68%	1.89%
Nominal rate	3.80%	3.80%
Notional amount	$ 987	$ 965
Bond issuance costs	$ (82)	$ (82)
Series O bonds | Unsecured obligations
Financial instruments [Line Items]
Effective rate	3.69%	3.69%
Nominal rate	3.80%	3.80%
Notional amount	$ 62,915	$ 61,536
Carrying amount	62,915	61,536
Bond issuance costs	(659)	(741)
Total	62,256	60,795
Series O bonds | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series O bonds | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series O bonds | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series O bonds | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series O bonds | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	62,915	61,536
Carrying amount	$ 62,915	$ 61,536
Series P bonds
Financial instruments [Line Items]
Effective rate	1.41%	1.72%
Nominal rate	3.25%	3.25%
Notional amount	$ 1,871	$ 1,830
Bond issuance costs	$ (12)	$ (12)
Series P bonds | Unsecured obligations
Financial instruments [Line Items]
Effective rate	3.24%	3.24%
Nominal rate	3.25%	3.25%
Notional amount	$ 125,830	$ 123,072
Carrying amount	125,830	123,072
Bond issuance costs	(40)	(52)
Total	125,790	123,020
Series P bonds | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series P bonds | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series P bonds | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series P bonds | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series P bonds | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	125,830	123,072
Carrying amount	$ 125,830	$ 123,072
Series Q bonds
Financial instruments [Line Items]
Effective rate	2.41%	2.63%
Nominal rate	3.45%	3.45%
Notional amount	$ 359	$ 351
Bond issuance costs	$ (21)	$ (20)
Series Q bonds | Unsecured obligations
Financial instruments [Line Items]
Effective rate	3.54%	3.43%
Nominal rate	3.45%	3.45%
Notional amount	$ 125,830	$ 123,073
Carrying amount	125,830	123,073
Bond issuance costs	(287)	(309)
Total	125,543	122,764
Series Q bonds | Unsecured obligations | Over 1 year to 2 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series Q bonds | Unsecured obligations | Over 2 years to 3 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series Q bonds | Unsecured obligations | Over 3 years to 4 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series Q bonds | Unsecured obligations | Over 4 years to 5 years
Financial instruments [Line Items]
Notional amount	0	0
Carrying amount	0	0
Series Q bonds | Unsecured obligations | Over 5 years
Financial instruments [Line Items]
Notional amount	125,830	123,073
Carrying amount	$ 125,830	$ 123,073

Financial instruments - Trade_3

Financial instruments - Trade and Other Payables Details (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Accounts payable, current	$ 441,780	$ 358,711
Other accounts payable, current	2,163	1,438
Prepayments from customers, current	5,690	14,640
Total, current	449,633	374,789
Accounts payable, noncurrent	0	0
Other accounts payable, noncurrent	0	0
Prepayments from customers, noncurrent	0	0
Total, noncurrent	0	0
Accounts payable	441,780	358,711
Other accounts payable	2,163	1,438
Prepayments from customers	5,690	14,640
Total	$ 449,633	$ 374,789

Financial instruments - Supplie

Financial instruments - Suppliers Current on Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Suppliers current on all payments	$ 444,377	$ 368,342
Up to 30 Days
Financial instruments [Line Items]
Suppliers current on all payments	439,749	364,932
31 – 60 days
Financial instruments [Line Items]
Suppliers current on all payments	2,897	2,056
61 – 90 Days
Financial instruments [Line Items]
Suppliers current on all payments	6	950
91 – 120 days
Financial instruments [Line Items]
Suppliers current on all payments	0	339
121 – 365 days
Financial instruments [Line Items]
Suppliers current on all payments	1,725	65
366 and more days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Goods
Financial instruments [Line Items]
Suppliers current on all payments	251,098	241,110
Goods | Up to 30 Days
Financial instruments [Line Items]
Suppliers current on all payments	246,789	239,108
Goods | 31 – 60 days
Financial instruments [Line Items]
Suppliers current on all payments	2,654	786
Goods | 61 – 90 Days
Financial instruments [Line Items]
Suppliers current on all payments	2	877
Goods | 91 – 120 days
Financial instruments [Line Items]
Suppliers current on all payments	0	339
Goods | 121 – 365 days
Financial instruments [Line Items]
Suppliers current on all payments	1,653	0
Goods | 366 and more days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Services
Financial instruments [Line Items]
Suppliers current on all payments	142,937	92,907
Services | Up to 30 Days
Financial instruments [Line Items]
Suppliers current on all payments	142,625	91,499
Services | 31 – 60 days
Financial instruments [Line Items]
Suppliers current on all payments	243	1,270
Services | 61 – 90 Days
Financial instruments [Line Items]
Suppliers current on all payments	4	73
Services | 91 – 120 days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Services | 121 – 365 days
Financial instruments [Line Items]
Suppliers current on all payments	65	65
Services | 366 and more days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Others
Financial instruments [Line Items]
Suppliers current on all payments	50,342	34,325
Others | Up to 30 Days
Financial instruments [Line Items]
Suppliers current on all payments	50,335	34,325
Others | 31 – 60 days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Others | 61 – 90 Days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Others | 91 – 120 days
Financial instruments [Line Items]
Suppliers current on all payments	0	0
Others | 121 – 365 days
Financial instruments [Line Items]
Suppliers current on all payments	7	0
Others | 366 and more days
Financial instruments [Line Items]
Suppliers current on all payments	$ 0	$ 0

Financial instruments - Suppl_2

Financial instruments - Suppliers Past Due on Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Suppliers past due on payments	$ 3,093	$ 5,009
Goods
Financial instruments [Line Items]
Suppliers past due on payments	1,350	2,880
Services
Financial instruments [Line Items]
Suppliers past due on payments	1,665	1,939
Others
Financial instruments [Line Items]
Suppliers past due on payments	78	190
Up to 30 Days
Financial instruments [Line Items]
Suppliers past due on payments	2,431	2,978
Up to 30 Days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	864	1,294
Up to 30 Days | Services
Financial instruments [Line Items]
Suppliers past due on payments	1,557	1,548
Up to 30 Days | Others
Financial instruments [Line Items]
Suppliers past due on payments	10	136
31 – 60 days
Financial instruments [Line Items]
Suppliers past due on payments	224	336
31 – 60 days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	158	135
31 – 60 days | Services
Financial instruments [Line Items]
Suppliers past due on payments	57	174
31 – 60 days | Others
Financial instruments [Line Items]
Suppliers past due on payments	9	27
61 – 90 Days
Financial instruments [Line Items]
Suppliers past due on payments	101	84
61 – 90 Days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	77	64
61 – 90 Days | Services
Financial instruments [Line Items]
Suppliers past due on payments	24	20
61 – 90 Days | Others
Financial instruments [Line Items]
Suppliers past due on payments	0	0
91 – 120 days
Financial instruments [Line Items]
Suppliers past due on payments	74	25
91 – 120 days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	66	24
91 – 120 days | Services
Financial instruments [Line Items]
Suppliers past due on payments	8	1
91 – 120 days | Others
Financial instruments [Line Items]
Suppliers past due on payments	0	0
121 – 365 days
Financial instruments [Line Items]
Suppliers past due on payments	263	1,586
121 – 365 days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	185	1,363
121 – 365 days | Services
Financial instruments [Line Items]
Suppliers past due on payments	19	196
121 – 365 days | Others
Financial instruments [Line Items]
Suppliers past due on payments	59	27
366 and more days
Financial instruments [Line Items]
Suppliers past due on payments	0	0
366 and more days | Goods
Financial instruments [Line Items]
Suppliers past due on payments	0	0
366 and more days | Services
Financial instruments [Line Items]
Suppliers past due on payments	0	0
366 and more days | Others
Financial instruments [Line Items]
Suppliers past due on payments	$ 0	$ 0

Financial instruments - Categor

Financial instruments - Categories of Financial Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Current financial assets at amortized cost	$ 3,308,600	$ 4,774,445
Current financial assets at fair value through profit or loss	9,046	11,188
Non-current financial assets at amortized cost	2,579	2,114
Non-current, financial assets at fair value through profit or loss	248,261	32,103
Financial assets at amortized cost	3,311,179	4,776,559
Total, financial assets at fair value through profit or loss	257,307	43,291
Cash and cash equivalent
Financial instruments [Line Items]
Current financial assets at amortized cost	1,041,369	2,655,236
Non-current financial assets at amortized cost	0	0
Financial assets at amortized cost	1,041,369	2,655,236
Trade receivables due from related parties at amortized cost
Financial instruments [Line Items]
Current financial assets at amortized cost	43,253	81,622
Non-current financial assets at amortized cost	0	0
Financial assets at amortized cost	43,253	81,622
Financial assets measured at amortized cost
Financial instruments [Line Items]
Current financial assets at amortized cost	1,316,797	950,167
Non-current financial assets at amortized cost	20	23
Financial assets at amortized cost	1,316,817	950,190
Trade and other receivables
Financial instruments [Line Items]
Current financial assets at amortized cost	907,181	1,087,420
Non-current financial assets at amortized cost	2,559	2,091
Financial assets at amortized cost	909,740	1,089,511
Financial instruments for hedging purposes
Financial instruments [Line Items]
Current financial assets at fair value through profit or loss	8,527	7,014
Non-current, financial assets at fair value through profit or loss	15,993	22,606
Total, financial assets at fair value through profit or loss	24,520	29,620
Derivative financial instruments with effect in profit or loss (no hedge)
Financial instruments [Line Items]
Current financial assets at fair value through profit or loss	519	4,174
Non-current, financial assets at fair value through profit or loss	0	0
Total, financial assets at fair value through profit or loss	519	4,174
Financial assets classified as available for sale at fair value through other comprehensive income
Financial instruments [Line Items]
Current financial assets at fair value through profit or loss	0	0
Non-current, financial assets at fair value through profit or loss	232,268	9,497
Total, financial assets at fair value through profit or loss	232,268	9,497
Total financial assets
Financial instruments [Line Items]
Current, total financial assets	3,317,646	4,785,633
Non-current, total financial assets	250,840	34,217
Total financial assets	$ 3,568,486	$ 4,819,850

Financial instruments - Categ_2

Financial instruments - Categories of Financial Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Current financial liabilities at amortized cost	$ 1,679,086	$ 861,367
Non-current financial liabilities at amortized cost	3,261,969	2,424,031
Financial liabilities at amortized cost	4,941,055	3,285,398
Total financial liabilities	5,611,180	4,854,740
For hedging purposes through other comprehensive income
Financial instruments [Line Items]
Current financial liabilities at fair value	30,443	42,754
Non-current financial liabilities at fair value	8,419	19,772
Financial liabilities at fair value	38,862	62,526
Held for trading at fair value through profit or loss
Financial instruments [Line Items]
Current financial liabilities at fair value	14,795	5,816
Non-current financial liabilities at fair value	0	0
Financial liabilities at fair value	14,795	5,816
Financial liabilities at fair value
Financial instruments [Line Items]
Current financial liabilities at fair value	45,238	48,570
Non-current financial liabilities at fair value	8,419	19,772
Financial liabilities at fair value	53,657	68,342
Bank loans
Financial instruments [Line Items]
Current financial liabilities at amortized cost	1,164,262	130,840
Non-current financial liabilities at amortized cost	295,518	197,522
Financial liabilities at amortized cost	1,459,780	328,362
Unsecured obligations
Financial instruments [Line Items]
Current financial liabilities at amortized cost	46,999	343,589
Non-current financial liabilities at amortized cost	2,909,485	2,176,924
Financial liabilities at amortized cost	2,956,484	2,520,513
Lease Liabilities
Financial instruments [Line Items]
Current financial liabilities at amortized cost	18,192	12,149
Non-current financial liabilities at amortized cost	56,966	49,585
Financial liabilities at amortized cost	75,158	61,734
Trade and other payables
Financial instruments [Line Items]
Current financial liabilities at amortized cost	449,633	374,789
Non-current financial liabilities at amortized cost	0	0
Financial liabilities at amortized cost	449,633	374,789
Total financial liabilities
Financial instruments [Line Items]
Current, total financial liabilities	1,724,324	909,937
Non-current, total financial liabilities	3,270,388	2,443,803
Total financial liabilities	$ 4,994,712	$ 3,353,740

Financial instruments - Fair Va

Financial instruments - Fair Value Measurement of Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial instruments [Line Items]
Financial Liabilities	$ 5,611,180	$ 4,854,740
Level 1 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Forwards
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Options
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Level 1 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 1 | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 2 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	1,164,262	130,840
Level 2 | Forwards
Financial instruments [Line Items]
Financial Liabilities	14,525	4,848
Level 2 | Options
Financial instruments [Line Items]
Financial Liabilities	270	968
Level 2 | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	12,143	42,754
Level 2 | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	18,300	0
Level 2 | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Level 2 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	46,999	343,589
Level 2 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	295,518	196,598
Level 2 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	2,909,485	2,476,924
Level 2 | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	8,419	19,772
Level 3 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Forwards
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Options
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Level 3 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Level 3 | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair value (disclosure purposes) | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	1,164,262	130,840
Fair value (disclosure purposes) | Forwards
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair value (disclosure purposes) | Options
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair value (disclosure purposes) | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair value (disclosure purposes) | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair value (disclosure purposes) | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Fair value (disclosure purposes) | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	46,999	343,589
Fair value (disclosure purposes) | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	295,518	196,598
Fair value (disclosure purposes) | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	2,909,485	2,476,924
Fair value (disclosure purposes) | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair amount registered | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair amount registered | Forwards
Financial instruments [Line Items]
Financial Liabilities	14,525	4,848
Fair amount registered | Options
Financial instruments [Line Items]
Financial Liabilities	270	968
Fair amount registered | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	12,143	42,754
Fair amount registered | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	18,300	0
Fair amount registered | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Fair amount registered | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair amount registered | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair amount registered | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	0	0
Fair amount registered | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	8,419	19,772
Cash and cash equivalents | Level 1
Financial instruments [Line Items]
Financial Assets	1,041,369	2,655,236
Cash and cash equivalents | Level 2
Financial instruments [Line Items]
Financial Assets	0	0
Cash and cash equivalents | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Cash and cash equivalents | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	1,041,369	2,655,236
Cash and cash equivalents | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0	0
Time deposits | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Time deposits | Level 2
Financial instruments [Line Items]
Financial Assets	1,316,797	950,167
Time deposits | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Time deposits | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	1,316,797	950,167
Time deposits | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0	0
Derivative financial instruments | Level 1
Financial instruments [Line Items]
Financial Assets	0
Financial Liabilities	0	0
Derivative financial instruments | Level 2
Financial instruments [Line Items]
Financial Assets	0
Financial Liabilities	0	0
Derivative financial instruments | Level 3
Financial instruments [Line Items]
Financial Liabilities	0	0
Derivative financial instruments | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0
Financial Liabilities	0	0
Derivative financial instruments | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0
Financial Liabilities	0	0
Forwards | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Forwards | Level 2
Financial instruments [Line Items]
Financial Assets	324	3,704
Forwards | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Forwards | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Forwards | Fair amount registered
Financial instruments [Line Items]
Financial Assets	324	3,704
Options | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Options | Level 2
Financial instruments [Line Items]
Financial Assets	195	470
Options | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Options | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Options | Fair amount registered
Financial instruments [Line Items]
Financial Assets	195	470
Hedging assets | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets | Level 2
Financial instruments [Line Items]
Financial Assets	8,527	7,014
Hedging assets | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets | Fair amount registered
Financial instruments [Line Items]
Financial Assets	8,527	7,014
Swaps | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Swaps | Level 2
Financial instruments [Line Items]
Financial Assets	0	0
Swaps | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Swaps | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Swaps | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0	0
Non-current accounts receivable | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Non-current accounts receivable | Level 2
Financial instruments [Line Items]
Financial Assets	0	0
Non-current accounts receivable | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Non-current accounts receivable | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	2,559	2,091
Non-current accounts receivable | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0	0
Others | Level 1
Financial instruments [Line Items]
Financial Assets	0	0
Others | Level 2
Financial instruments [Line Items]
Financial Assets	20	23
Others | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Others | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	20	23
Others | Fair amount registered
Financial instruments [Line Items]
Financial Assets	0	0
Equity instruments | Level 1
Financial instruments [Line Items]
Financial Assets	232,268	9,497
Equity instruments | Level 2
Financial instruments [Line Items]
Financial Assets	0	0
Equity instruments | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Equity instruments | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Equity instruments | Fair amount registered
Financial instruments [Line Items]
Financial Assets	232,268	9,497
Hedging assets – Swaps | Level 1
Financial instruments [Line Items]
Financial Assets	15,993	22,606
Hedging assets – Swaps | Level 2
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets – Swaps | Level 3
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets – Swaps | Fair value (disclosure purposes)
Financial instruments [Line Items]
Financial Assets	0	0
Hedging assets – Swaps | Fair amount registered
Financial instruments [Line Items]
Financial Assets	15,993	22,606
Carrying amount
Financial instruments [Line Items]
Financial Liabilities	5,028,400	3,386,270
Carrying amount | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	1,164,262	130,840
Carrying amount | Derivative financial instruments
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Forwards
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Options
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Swaps hedges, investments
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Cash Flow
Financial instruments [Line Items]
Financial Liabilities	0
Carrying amount | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	46,999	343,589
Carrying amount | Bank borrowings
Financial instruments [Line Items]
Financial Liabilities	295,518	197,522
Carrying amount | Unsecured obligations
Financial instruments [Line Items]
Financial Liabilities	2,909,485	2,176,924
Carrying amount | Non-current hedging liabilities
Financial instruments [Line Items]
Financial Liabilities	0	0
Carrying amount | Cash and cash equivalents
Financial instruments [Line Items]
Financial Assets	1,041,369	2,655,236
Carrying amount | Time deposits
Financial instruments [Line Items]
Financial Assets	1,316,797	950,167
Carrying amount | Derivative financial instruments
Financial instruments [Line Items]
Financial Assets	0
Carrying amount | Forwards
Financial instruments [Line Items]
Financial Assets	0	0
Carrying amount | Options
Financial instruments [Line Items]
Financial Assets	0	0
Carrying amount | Hedging assets
Financial instruments [Line Items]
Financial Assets	0	0
Carrying amount | Swaps
Financial instruments [Line Items]
Financial Assets	0	0
Carrying amount | Non-current accounts receivable
Financial instruments [Line Items]
Financial Assets	2,559	2,091
Carrying amount | Others
Financial instruments [Line Items]
Financial Assets	20	23
Carrying amount | Equity instruments
Financial instruments [Line Items]
Financial Assets	0	0
Carrying amount | Hedging assets – Swaps
Financial instruments [Line Items]
Financial Assets	$ 0	$ 0

Financial instruments - Net Deb

Financial instruments - Net Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [abstract]
Cash and cash equivalents	$ 1,041,369	$ 2,655,236	$ 1,515,051	$ 509,102
Other current financial assets	1,325,843	961,355
Other non-current financial hedge assets	15,993	22,606
Other current financial liabilities	(1,256,499)	(522,999)
Lease liabilities current	(18,192)	(12,149)
Other non-current financial liabilities	(3,213,422)	(2,394,218)
Non-current Lease liabilities	(56,966)	(49,585)
Total	$ (2,161,874)	$ 660,246	$ (258,915)

Financial instruments - Recon_2

Financial instruments - Reconciliation of Net Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	$ (660,246)	$ 258,915
Amounts from loans	(1,537,295)	(235,412)
Amounts from interests	20,495	59,315
Other cash (inflows)/outflows	(1,282,708)	1,149,930
Income statement	(41,305)	(81,235)
Equity and others	18,693	26,563
Net debt, ending balance	2,161,874	(660,246)
Obligations with the public and bank loans
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	2,848,875	2,555,511
Amounts from loans	(1,534,282)	(246,883)
Amounts from interests	117,145	98,155
Other cash (inflows)/outflows	18,346	2,566
Income statement	(168,598)	(147,202)
Equity and others	0	0
Net debt, ending balance	4,416,264	2,848,875
Financial instruments derived from hedging
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	39,681
Amounts from loans	(18,927)
Amounts from interests	4,077
Other cash (inflows)/outflows	0
Income statement	11,731
Equity and others	20,800
Net debt, ending balance	22,000	39,681
Derivatives for investment hedges
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	29,984
Amounts from loans	0
Amounts from interests	0
Other cash (inflows)/outflows	(10,082)
Income statement	18,171
Equity and others	3,595
Net debt, ending balance	18,300	29,984
Non-hedging derivatives on other financial liabilities
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	5,816	1,672
Amounts from loans	0	0
Amounts from interests	0	0
Other cash (inflows)/outflows	0	0
Income statement	(8,979)	(4,144)
Equity and others	0	0
Net debt, ending balance	14,795	5,816
Current and non-current lease liabilities
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	61,734
Amounts from loans	15,914
Amounts from interests	2,038
Other cash (inflows)/outflows	0
Income statement	(31,376)
Equity and others	0
Net debt, ending balance	75,158	61,734
Current and non-current financial liabilities
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	2,986,090	2,693,260
Amounts from loans	(1,537,295)	(235,412)
Amounts from interests	123,260	107,004
Other cash (inflows)/outflows	8,264	(96)
Income statement	(179,051)	(185,772)
Equity and others	24,395	21,446
Net debt, ending balance	4,546,517	2,986,090
Cash and cash equivalents
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(2,655,236)	(1,515,051)
Amounts from loans	0	0
Amounts from interests	(53,539)	(25,623)
Other cash (inflows)/outflows	(1,615,863)	1,165,225
Income statement	55,535	583
Equity and others	0	0
Net debt, ending balance	(1,041,369)	(2,655,236)
Deposits that do not qualify as cash and cash equivalents
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(950,167)	(905,170)
Amounts from loans	0	0
Amounts from interests	(49,226)	(24,088)
Other cash (inflows)/outflows	341,742	24,679
Income statement	74,114	44,406
Equity and others	0	0
Net debt, ending balance	(1,316,797)	(950,167)
Debt hedging derivative financial instruments
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(29,620)	(257)
Amounts from loans	0	0
Amounts from interests	0	0
Other cash (inflows)/outflows	0	0
Income statement	(5,100)	29,363
Equity and others	0	0
Net debt, ending balance	(24,520)	(29,620)
Derivatives for investment hedges
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	0
Amounts from loans	0
Amounts from interests	0
Other cash (inflows)/outflows	0
Income statement	0
Equity and others	0
Net debt, ending balance	0	0
Non-hedging derivatives on other financial assets
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(4,174)
Amounts from loans	0
Amounts from interests	0
Other cash (inflows)/outflows	(18,034)
Income statement	14,380
Equity and others	0
Net debt, ending balance	(520)	(4,174)
Hedging derivatives reimbursement of SQM Australia asset
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(7,139)
Amounts from loans	0
Amounts from interests	0
Other cash (inflows)/outflows	1,183
Income statement	(1,183)
Equity and others	(5,702)
Net debt, ending balance	(1,437)	(7,139)
Debt hedging derivative financial instruments
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	39,681	81,854
Amounts from loans		993
Amounts from interests		7,623
Other cash (inflows)/outflows		0
Income statement		6,108
Equity and others		27,449
Net debt, ending balance		39,681
Hedging and investment derivatives
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	29,984	0
Amounts from loans		0
Amounts from interests		0
Other cash (inflows)/outflows		(2,662)
Income statement		(21,319)
Equity and others		(6,003)
Net debt, ending balance		29,984
Operating lease liabilities, current and non-current
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	61,734	54,223
Amounts from loans		10,478
Amounts from interests		1,226
Other cash (inflows)/outflows		0
Income statement		(19,215)
Equity and others		0
Net debt, ending balance		61,734
Hedging and investment derivatives
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	0	(12,613)
Amounts from loans		0
Amounts from interests		0
Other cash (inflows)/outflows		0
Income statement		(12,613)
Equity and others		0
Net debt, ending balance		0
Non-hedging derivatives on other financial assets
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(4,174)	(1,254)
Amounts from loans		0
Amounts from interests		0
Other cash (inflows)/outflows		(39,878)
Income statement		42,798
Equity and others		0
Net debt, ending balance		(4,174)
Hedging derivatives reimbursement of SQM Australia asset
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(7,139)	0
Amounts from loans		0
Amounts from interests		2,022
Other cash (inflows)/outflows		0
Income statement		0
Equity and others		5,117
Net debt, ending balance		(7,139)
Current and Non-Current Financial Assets
Disclosure Of Detailed Information About Changes In Net Debt [Line Items]
Net debt, beginning balance	(3,646,336)	(2,434,345)
Amounts from loans	0	0
Amounts from interests	(102,765)	(47,689)
Other cash (inflows)/outflows	(1,290,972)	1,150,026
Income statement	137,746	104,537
Equity and others	(5,702)	5,117
Net debt, ending balance	$ (2,384,643)	$ (3,646,336)

Right-of-use assets and Lease_3

Right-of-use assets and Lease liabilities - Reconciliation of Changes in ROU Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	$ 60,867	$ 52,608
Additions	33,331	19,196
Depreciation expenses	(17,271)	(9,206)
Transfer to property, plant and equipment	0	(1,736)
Other increases (decreases)	(3,734)	5
Total changes	12,326	8,259
Closing balance	73,193	60,867
Land
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	18,320	17,353
Additions	894	1,599
Depreciation expenses	(687)	(12)
Transfer to property, plant and equipment	0	(622)
Other increases (decreases)	(228)	2
Total changes	(21)	967
Closing balance	18,299	18,320
Buildings
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	17,839	20,951
Additions	13,714	736
Depreciation expenses	(4,509)	(3,846)
Transfer to property, plant and equipment	0	0
Other increases (decreases)	(1,586)	(2)
Total changes	7,619	(3,112)
Closing balance	25,458	17,839
Other property, plant and equipment
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	0	0
Additions	0	0
Depreciation expenses	0	0
Transfer to property, plant and equipment	0	0
Other increases (decreases)	0	0
Total changes	0	0
Closing balance	0	0
Transport equipment
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	1,805	2,578
Additions	37	186
Depreciation expenses	(987)	(965)
Transfer to property, plant and equipment	0	0
Other increases (decreases)	0	6
Total changes	(950)	(773)
Closing balance	855	1,805
Machinery, plant and equipment
Disclosure of quantitative information about right-of-use assets [line items]
Opening Balance	22,903	11,726
Additions	18,686	16,675
Depreciation expenses	(11,088)	(4,383)
Transfer to property, plant and equipment	0	(1,114)
Other increases (decreases)	(1,920)	(1)
Total changes	5,678	11,177
Closing balance	$ 28,581	$ 22,903

Right-of-use assets and Lease_4

Right-of-use assets and Lease liabilities - Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Right-Of-Use Assets And Lease Liabilities
Current lease liabilities	$ 18,192	$ 12,149
Non-current lease liabilities	$ 56,966	$ 49,585

Right-of-use assets and Lease_5

Right-of-use assets and Lease liabilities - Details of Current Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	$ 18,192	$ 12,149
Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	19,943	13,939
Nominal amounts | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	5,266	3,565
Nominal amounts | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	14,677	10,374
Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	18,192	12,149
Amounts at amortized cost | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	4,813	3,108
Amounts at amortized cost | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	$ 13,379	$ 9,041
Contract Supplier | SQM S.A. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.49%	3.49%
Contract Supplier | SQM Salar S.A. 1 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.02%	2.75%
Contract Supplier | SQM Salar S.A. 2 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.54%	2.42%
Contract Supplier | SQM Industrial S.A. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.58%	3.10%
Contract Supplier | SQM Nitratos S.A. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.49%	3.49%
Contract Supplier | Soquimich Comercial S.A. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.97%	2.94%
Contract Supplier | Orcoma SpA 1 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	6.16%	6.80%
Contract Supplier | Orcoma SpA 2 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	6.80%	2.53%
Contract Supplier | SQM Australia Pty | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	4.93%
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.74%	3.45%
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	9.73%	7.84%
Contract Supplier | SQM Europe NV | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	1.30%	1.30%
Contract Supplier | SQM North América Corp. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.67%	2.90%
Contract Supplier | SQM África Pty | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	9.20%	8.51%
Contract Supplier | SQM Colombia S.A.S. | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.45%	1.38%
Contract Supplier | SQM Iberian | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.25%
Contract Supplier | SQM Australia PTY | Lease liabilities, current
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		4.42%
Contract Supplier | Nominal amounts | SQM S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	$ 66	$ 79
Contract Supplier | Nominal amounts | SQM S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	20	20
Contract Supplier | Nominal amounts | SQM S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	46	59
Contract Supplier | Nominal amounts | SQM Salar S.A. 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,378	1,369
Contract Supplier | Nominal amounts | SQM Salar S.A. 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	344	342
Contract Supplier | Nominal amounts | SQM Salar S.A. 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,034	1,027
Contract Supplier | Nominal amounts | SQM Salar S.A. 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	5,532	3,939
Contract Supplier | Nominal amounts | SQM Salar S.A. 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,492	1,010
Contract Supplier | Nominal amounts | SQM Salar S.A. 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	4,040	2,929
Contract Supplier | Nominal amounts | SQM Industrial S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,589	2,703
Contract Supplier | Nominal amounts | SQM Industrial S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	726	676
Contract Supplier | Nominal amounts | SQM Industrial S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,863	2,027
Contract Supplier | Nominal amounts | SQM Nitratos S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	61	73
Contract Supplier | Nominal amounts | SQM Nitratos S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	18	18
Contract Supplier | Nominal amounts | SQM Nitratos S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	43	55
Contract Supplier | Nominal amounts | Soquimich Comercial S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,497	1,228
Contract Supplier | Nominal amounts | Soquimich Comercial S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	374	342
Contract Supplier | Nominal amounts | Soquimich Comercial S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,123	886
Contract Supplier | Nominal amounts | Orcoma SpA 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	9	9
Contract Supplier | Nominal amounts | Orcoma SpA 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2	2
Contract Supplier | Nominal amounts | Orcoma SpA 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	7	7
Contract Supplier | Nominal amounts | Orcoma SpA 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	3	5
Contract Supplier | Nominal amounts | Orcoma SpA 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1	1
Contract Supplier | Nominal amounts | Orcoma SpA 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2	4
Contract Supplier | Nominal amounts | SQM Australia Pty
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,621
Contract Supplier | Nominal amounts | SQM Australia Pty | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	725
Contract Supplier | Nominal amounts | SQM Australia Pty | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,896
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,842	395
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	711	99
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,131	296
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,051	89
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	262	27
Contract Supplier | Nominal amounts | SQM Comercial De México S.A. De C.V. 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	789	62
Contract Supplier | Nominal amounts | SQM Europe NV
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	485	408
Contract Supplier | Nominal amounts | SQM Europe NV | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	121	102
Contract Supplier | Nominal amounts | SQM Europe NV | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	364	306
Contract Supplier | Nominal amounts | SQM North América Corp.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	373	410
Contract Supplier | Nominal amounts | SQM North América Corp. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	106	102
Contract Supplier | Nominal amounts | SQM North América Corp. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	267	308
Contract Supplier | Nominal amounts | SQM África Pty
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,351	48
Contract Supplier | Nominal amounts | SQM África Pty | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	344	12
Contract Supplier | Nominal amounts | SQM África Pty | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,007	36
Contract Supplier | Nominal amounts | SQM Colombia S.A.S.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	22	22
Contract Supplier | Nominal amounts | SQM Colombia S.A.S. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	5	5
Contract Supplier | Nominal amounts | SQM Colombia S.A.S. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	17	17
Contract Supplier | Nominal amounts | SQM Iberian
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	63
Contract Supplier | Nominal amounts | SQM Iberian | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	15
Contract Supplier | Nominal amounts | SQM Iberian | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	48
Contract Supplier | Nominal amounts | SQM Australia PTY
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		3,162
Contract Supplier | Nominal amounts | SQM Australia PTY | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		807
Contract Supplier | Nominal amounts | SQM Australia PTY | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		2,355
Contract Supplier | Amounts at amortized cost | SQM S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	65	73
Contract Supplier | Amounts at amortized cost | SQM S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	19	18
Contract Supplier | Amounts at amortized cost | SQM S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	46	55
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,298	1,257
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	321	311
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	977	946
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	5,118	3,617
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,400	917
Contract Supplier | Amounts at amortized cost | SQM Salar S.A. 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	3,718	2,700
Contract Supplier | Amounts at amortized cost | SQM Industrial S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,285	2,332
Contract Supplier | Amounts at amortized cost | SQM Industrial S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	645	577
Contract Supplier | Amounts at amortized cost | SQM Industrial S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,640	1,755
Contract Supplier | Amounts at amortized cost | SQM Nitratos S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	60	69
Contract Supplier | Amounts at amortized cost | SQM Nitratos S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	18	17
Contract Supplier | Amounts at amortized cost | SQM Nitratos S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	42	52
Contract Supplier | Amounts at amortized cost | Soquimich Comercial S.A.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,292	1,096
Contract Supplier | Amounts at amortized cost | Soquimich Comercial S.A. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	336	306
Contract Supplier | Amounts at amortized cost | Soquimich Comercial S.A. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	956	790
Contract Supplier | Amounts at amortized cost | Orcoma SpA 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	4	6
Contract Supplier | Amounts at amortized cost | Orcoma SpA 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2	2
Contract Supplier | Amounts at amortized cost | Orcoma SpA 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2	4
Contract Supplier | Amounts at amortized cost | Orcoma SpA 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	3	5
Contract Supplier | Amounts at amortized cost | Orcoma SpA 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1	1
Contract Supplier | Amounts at amortized cost | Orcoma SpA 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2	4
Contract Supplier | Amounts at amortized cost | SQM Australia Pty
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,605
Contract Supplier | Amounts at amortized cost | SQM Australia Pty | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	721
Contract Supplier | Amounts at amortized cost | SQM Australia Pty | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,884
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 1
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	2,586	350
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 1 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	633	86
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 1 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,953	264
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 2
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	987	85
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 2 | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	240	25
Contract Supplier | Amounts at amortized cost | SQM Comercial De México S.A. De C.V. 2 | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	747	60
Contract Supplier | Amounts at amortized cost | SQM Europe NV
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	381	386
Contract Supplier | Amounts at amortized cost | SQM Europe NV | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	94	96
Contract Supplier | Amounts at amortized cost | SQM Europe NV | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	287	290
Contract Supplier | Amounts at amortized cost | SQM North América Corp.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	341	370
Contract Supplier | Amounts at amortized cost | SQM North América Corp. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	97	91
Contract Supplier | Amounts at amortized cost | SQM North América Corp. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	244	279
Contract Supplier | Amounts at amortized cost | SQM África Pty
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	1,087	35
Contract Supplier | Amounts at amortized cost | SQM África Pty | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	267	8
Contract Supplier | Amounts at amortized cost | SQM África Pty | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	820	27
Contract Supplier | Amounts at amortized cost | SQM Colombia S.A.S.
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	22	22
Contract Supplier | Amounts at amortized cost | SQM Colombia S.A.S. | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	5	5
Contract Supplier | Amounts at amortized cost | SQM Colombia S.A.S. | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	17	17
Contract Supplier | Amounts at amortized cost | SQM Iberian
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	58
Contract Supplier | Amounts at amortized cost | SQM Iberian | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	14
Contract Supplier | Amounts at amortized cost | SQM Iberian | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities	$ 44
Contract Supplier | Amounts at amortized cost | SQM Australia PTY
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		2,446
Contract Supplier | Amounts at amortized cost | SQM Australia PTY | Over 90 days
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		648
Contract Supplier | Amounts at amortized cost | SQM Australia PTY | 90 days to 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Current lease liabilities		$ 1,798

Right-of-use assets and Lease_6

Right-of-use assets and Lease liabilities - Details of Non-Current Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 56,966	$ 49,585
Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	60,236	64,180
Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	24,281	19,248
Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	32,165	17,082
Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,790	27,850
Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	56,966	49,585
Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	23,276	17,187
Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	30,185	12,460
Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 3,505	$ 19,938
Contract Supplier | SQM Salar S.A. 1 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.61%	3.55%
Contract Supplier | SQM Salar S.A. 1 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 2,255	$ 3,430
Contract Supplier | SQM Salar S.A. 1 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,176	1,176
Contract Supplier | SQM Salar S.A. 1 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,079	1,176
Contract Supplier | SQM Salar S.A. 1 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	1,078
Contract Supplier | SQM Salar S.A. 1 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	2,197	3,301
Contract Supplier | SQM Salar S.A. 1 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,133	1,104
Contract Supplier | SQM Salar S.A. 1 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,064	1,133
Contract Supplier | SQM Salar S.A. 1 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0	$ 1,064
Contract Supplier | SQM Salar S.A. 2 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.88%	2.86%
Contract Supplier | SQM Salar S.A. 2 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 9,913	$ 7,585
Contract Supplier | SQM Salar S.A. 2 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	6,185	5,633
Contract Supplier | SQM Salar S.A. 2 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,728	1,605
Contract Supplier | SQM Salar S.A. 2 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	347
Contract Supplier | SQM Salar S.A. 2 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	9,531	7,254
Contract Supplier | SQM Salar S.A. 2 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	5,901	5,363
Contract Supplier | SQM Salar S.A. 2 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,630	1,545
Contract Supplier | SQM Salar S.A. 2 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0	$ 346
Contract Supplier | SQM Industrial S.A. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.06%	3.10%
Contract Supplier | SQM Industrial S.A. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 9,704	$ 12,019
Contract Supplier | SQM Industrial S.A. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,799	4,248
Contract Supplier | SQM Industrial S.A. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	5,594	5,595
Contract Supplier | SQM Industrial S.A. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	311	2,176
Contract Supplier | SQM Industrial S.A. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	8,970	10,983
Contract Supplier | SQM Industrial S.A. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,348	3,696
Contract Supplier | SQM Industrial S.A. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	5,312	5,152
Contract Supplier | SQM Industrial S.A. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 310	$ 2,135
Contract Supplier | Soquimich Comercial S.A. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.97%	2.24%
Contract Supplier | Soquimich Comercial S.A. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 2,994	$ 3,654
Contract Supplier | Soquimich Comercial S.A. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,844	1,774
Contract Supplier | Soquimich Comercial S.A. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	969	1,619
Contract Supplier | Soquimich Comercial S.A. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	181	261
Contract Supplier | Soquimich Comercial S.A. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,131	3,401
Contract Supplier | Soquimich Comercial S.A. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	2,020	1,612
Contract Supplier | Soquimich Comercial S.A. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	938	1,545
Contract Supplier | Soquimich Comercial S.A. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 173	$ 244
Contract Supplier | Orcoma SpA | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	6.80%
Contract Supplier | Orcoma SpA | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 81
Contract Supplier | Orcoma SpA | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	18
Contract Supplier | Orcoma SpA | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	26
Contract Supplier | Orcoma SpA | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	37
Contract Supplier | Orcoma SpA | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	61
Contract Supplier | Orcoma SpA | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	8
Contract Supplier | Orcoma SpA | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	12
Contract Supplier | Orcoma SpA | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 41
Contract Supplier | SQM North América Corp. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	4.99%	3.11%
Contract Supplier | SQM North América Corp. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 789	$ 1,121
Contract Supplier | SQM North América Corp. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	524	606
Contract Supplier | SQM North América Corp. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	265	515
Contract Supplier | SQM North América Corp. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	0
Contract Supplier | SQM North América Corp. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	744	1,052
Contract Supplier | SQM North América Corp. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	484	554
Contract Supplier | SQM North América Corp. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	260	498
Contract Supplier | SQM North América Corp. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0	$ 0
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	6.79%
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 91
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	91
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	90
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	90
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0
Contract Supplier | SQM Comercial De México S.A. De C.V. 1 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	5.25%
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 4,328
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,197
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,131
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	4,145
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,040
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,105
Contract Supplier | SQM Comercial De México S.A. De C.V. 2 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0
Contract Supplier | SQM Australia Pty | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	4.92%
Contract Supplier | SQM Australia Pty | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 23,860
Contract Supplier | SQM Australia Pty | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	5,624
Contract Supplier | SQM Australia Pty | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	18,236
Contract Supplier | SQM Australia Pty | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0
Contract Supplier | SQM Australia Pty | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	22,534
Contract Supplier | SQM Australia Pty | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	5,618
Contract Supplier | SQM Australia Pty | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	16,916
Contract Supplier | SQM Australia Pty | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0
Contract Supplier | SQM África Pty | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	9.20%	8.51%
Contract Supplier | SQM África Pty | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 2,526	$ 96
Contract Supplier | SQM África Pty | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,276	12
Contract Supplier | SQM África Pty | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	591	36
Contract Supplier | SQM África Pty | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	659	48
Contract Supplier | SQM África Pty | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	2,246	124
Contract Supplier | SQM África Pty | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1,182	82
Contract Supplier | SQM África Pty | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	483	42
Contract Supplier | SQM África Pty | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 581	$ 0
Contract Supplier | SQM Colombia S.A.S. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	2.17%	1.90%
Contract Supplier | SQM Colombia S.A.S. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 1	$ 18
Contract Supplier | SQM Colombia S.A.S. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1	18
Contract Supplier | SQM Colombia S.A.S. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	0
Contract Supplier | SQM Colombia S.A.S. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	0
Contract Supplier | SQM Colombia S.A.S. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1	18
Contract Supplier | SQM Colombia S.A.S. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	1	18
Contract Supplier | SQM Colombia S.A.S. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	0	0
Contract Supplier | SQM Colombia S.A.S. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 0	$ 0
Contract Supplier | SQM Europe NV | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	1.30%	1.30%
Contract Supplier | SQM Europe NV | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 3,556	$ 1,452
Contract Supplier | SQM Europe NV | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	485	888
Contract Supplier | SQM Europe NV | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	485	564
Contract Supplier | SQM Europe NV | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	2,586	0
Contract Supplier | SQM Europe NV | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	3,181	1,420
Contract Supplier | SQM Europe NV | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	393	861
Contract Supplier | SQM Europe NV | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	405	559
Contract Supplier | SQM Europe NV | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 2,383	$ 0
Contract Supplier | SQM Iberian | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate	3.25%
Contract Supplier | SQM Iberian | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 138
Contract Supplier | SQM Iberian | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	61
Contract Supplier | SQM Iberian | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	61
Contract Supplier | SQM Iberian | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	16
Contract Supplier | SQM Iberian | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	135
Contract Supplier | SQM Iberian | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	58
Contract Supplier | SQM Iberian | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	60
Contract Supplier | SQM Iberian | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities	$ 17
Contract Supplier | SQM S.A. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		3.49%
Contract Supplier | SQM S.A. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 66
Contract Supplier | SQM S.A. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		66
Contract Supplier | SQM S.A. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM S.A. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM S.A. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		65
Contract Supplier | SQM S.A. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		65
Contract Supplier | SQM S.A. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM S.A. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 0
Contract Supplier | SQM Nitratos S.A. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		3.49%
Contract Supplier | SQM Nitratos S.A. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 61
Contract Supplier | SQM Nitratos S.A. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		61
Contract Supplier | SQM Nitratos S.A. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM Nitratos S.A. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM Nitratos S.A. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		60
Contract Supplier | SQM Nitratos S.A. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		60
Contract Supplier | SQM Nitratos S.A. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM Nitratos S.A. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 0
Contract Supplier | Orcoma Estudios SpA 1 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		2.53%
Contract Supplier | Orcoma Estudios SpA 1 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 4
Contract Supplier | Orcoma Estudios SpA 1 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		4
Contract Supplier | Orcoma Estudios SpA 1 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | Orcoma Estudios SpA 1 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | Orcoma Estudios SpA 1 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		3
Contract Supplier | Orcoma Estudios SpA 1 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		3
Contract Supplier | Orcoma Estudios SpA 1 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | Orcoma Estudios SpA 1 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 0
Contract Supplier | Orcoma Estudios SpA 2 | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		6.80%
Contract Supplier | Orcoma Estudios SpA 2 | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 90
Contract Supplier | Orcoma Estudios SpA 2 | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		18
Contract Supplier | Orcoma Estudios SpA 2 | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		26
Contract Supplier | Orcoma Estudios SpA 2 | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		46
Contract Supplier | Orcoma Estudios SpA 2 | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		66
Contract Supplier | Orcoma Estudios SpA 2 | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		8
Contract Supplier | Orcoma Estudios SpA 2 | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		11
Contract Supplier | Orcoma Estudios SpA 2 | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 47
Contract Supplier | SQM Comercial de México S.A. de C.V. | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		3.45%
Contract Supplier | SQM Comercial de México S.A. de C.V. | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 1,151
Contract Supplier | SQM Comercial de México S.A. de C.V. | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		789
Contract Supplier | SQM Comercial de México S.A. de C.V. | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		362
Contract Supplier | SQM Comercial de México S.A. de C.V. | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		0
Contract Supplier | SQM Comercial de México S.A. de C.V. | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		1,094
Contract Supplier | SQM Comercial de México S.A. de C.V. | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		738
Contract Supplier | SQM Comercial de México S.A. de C.V. | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		356
Contract Supplier | SQM Comercial de México S.A. de C.V. | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 0
Contract Supplier | SQM Australia PTY | Non-current lease liabilities
Disclosure of quantitative information about right-of-use assets [line items]
Effective rate		4.28%
Contract Supplier | SQM Australia PTY | Nominal amounts
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 33,433
Contract Supplier | SQM Australia PTY | Nominal amounts | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		3,955
Contract Supplier | SQM Australia PTY | Nominal amounts | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		5,584
Contract Supplier | SQM Australia PTY | Nominal amounts | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		23,894
Contract Supplier | SQM Australia PTY | Amounts at amortized cost
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		20,744
Contract Supplier | SQM Australia PTY | Amounts at amortized cost | Over 1 year to 2 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		3,023
Contract Supplier | SQM Australia PTY | Amounts at amortized cost | Over 2 years to 3 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		1,619
Contract Supplier | SQM Australia PTY | Amounts at amortized cost | Over 3 years to 4 years
Disclosure of quantitative information about right-of-use assets [line items]
Non-current lease liabilities		$ 16,102

Right-of-use assets and Lease_7

Right-of-use assets and Lease liabilities - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Right-Of-Use Assets And Lease Liabilities
Total lease expenses	$ 93,049	$ 78,880	$ 71,897
Expense relating to variable lease payments not included in measurement of lease liabilities	4,700	3,631	1,313
Income from subleasing right-of-use assets	$ 5	$ 142	$ 146

Intangible assets and goodwil_2

Intangible assets and goodwill - Useful Life and Net Value of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	$ 155,874	$ 166,336	$ 179,658
Goodwill	958	967	34,596
Total intangible assets and goodwill	156,832	167,303	214,254
IT programs | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	3,190	3,249
Total intangible assets and goodwill	3,190	3,249	3,447
Mining rights | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	134,924	140,873
Total intangible assets and goodwill	134,924	140,873	149,532
Water rights and rights of way | Indefinite
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	4,909	4,909
Total intangible assets and goodwill	4,909	4,909	4,909
Water rights | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	7,580	11,369
Total intangible assets and goodwill	7,580	11,369	15,158
Intellectual property | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	5,201	5,850
Total intangible assets and goodwill	5,201	5,850	6,481
Other intangible assets | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Intangible assets other than goodwill	70	86
Total intangible assets and goodwill	70	86	$ 131
Goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Goodwill	$ 958	$ 967

Intangible assets and goodwil_3

Intangible assets and goodwill - Movements in Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	$ 167,303	$ 214,254
Additions	408	1,504
Amortization for the year	(10,601)	(13,845)
Impairment losses recognized in income for the year	(9)	(34,857)
Other increases / decreases for foreign currency exchange rates	3	(159)
Other increases (decreases)	(272)	406
Subtotal	(10,471)	(46,951)
Closing balance	156,832	167,303
Indefinite | Goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	967	34,596
Additions	0	0
Impairment losses recognized in income for the year	(9)	(33,629)
Other increases / decreases for foreign currency exchange rates	0	0
Other increases (decreases)	0	0
Subtotal	(9)	(33,629)
Closing balance	958	967
Historical cost
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	238,600
Closing balance	238,730	238,600
Historical cost | Indefinite | Goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	4,501
Closing balance	4,492	4,501
Accumulated amortization
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(71,297)
Closing balance	(81,898)	(71,297)
Accumulated amortization | Indefinite | Goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(3,534)
Closing balance	(3,534)	(3,534)
IT programs | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	3,249	3,447
Additions	197	349
Amortization for the year	(1,451)	(1,039)
Impairment losses recognized in income for the year	0	0
Other increases / decreases for foreign currency exchange rates	6	(4)
Other increases (decreases)	1,189	496
Subtotal	(59)	(198)
Closing balance	3,190	3,249
IT programs | Historical cost | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	36,457
Closing balance	37,849	36,457
IT programs | Accumulated amortization | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(33,208)
Closing balance	(34,659)	(33,208)
Mining rights | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	140,873	149,532
Additions	196	1,141
Amortization for the year	(4,684)	(8,482)
Impairment losses recognized in income for the year	0	(1,228)
Other increases / decreases for foreign currency exchange rates	0	0
Other increases (decreases)	(1,461)	(90)
Subtotal	(5,949)	(8,659)
Closing balance	134,924	140,873
Mining rights | Historical cost | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	162,716
Closing balance	161,451	162,716
Mining rights | Accumulated amortization | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(21,843)
Closing balance	(26,527)	(21,843)
Water rights and rights of way | Indefinite
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	4,909	4,909
Additions	0	0
Impairment losses recognized in income for the year	0	0
Other increases / decreases for foreign currency exchange rates	0	0
Other increases (decreases)	0	0
Subtotal	0	0
Closing balance	4,909	4,909
Water rights and rights of way | Historical cost | Indefinite
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	7,420
Closing balance	7,420	7,420
Water rights and rights of way | Accumulated amortization | Indefinite
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(2,511)
Closing balance	(2,511)	(2,511)
Water rights | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	11,369	15,158
Additions	0	0
Amortization for the year	(3,789)	(3,789)
Impairment losses recognized in income for the year	0	0
Other increases / decreases for foreign currency exchange rates	0	0
Other increases (decreases)	0	0
Subtotal	(3,789)	(3,789)
Closing balance	7,580	11,369
Water rights | Historical cost | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	18,000
Closing balance	18,000	18,000
Water rights | Accumulated amortization | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(6,631)
Closing balance	(10,420)	(6,631)
Intellectual property | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	5,850	6,481
Additions	0	0
Amortization for the year	(649)	(476)
Impairment losses recognized in income for the year	0	0
Other increases / decreases for foreign currency exchange rates	0	(155)
Other increases (decreases)	0	0
Subtotal	(649)	(631)
Closing balance	5,201	5,850
Intellectual property | Historical cost | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	7,215
Closing balance	7,215	7,215
Intellectual property | Accumulated amortization | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(1,365)
Closing balance	(2,014)	(1,365)
Other intangible assets | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	86	131
Additions	15	14
Amortization for the year	(28)	(59)
Impairment losses recognized in income for the year	0	0
Other increases / decreases for foreign currency exchange rates	(3)	0
Other increases (decreases)	0	0
Subtotal	(16)	(45)
Closing balance	70	86
Other intangible assets | Historical cost | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	2,291
Closing balance	2,303	2,291
Other intangible assets | Accumulated amortization | Intangible assets other than goodwill
Disclosure Of Intangible Assets And Goodwill [Line Items]
Opening balance	(2,205)
Closing balance	$ (2,233)	$ (2,205)

Intangible assets and goodwil_4

Intangible assets and goodwill - Narrative (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2022 USD ($)
Intangible assets and goodwill [abstract]
Impairment loss	$ 34,149

Intangible assets and goodwil_5

Intangible assets and goodwill - Movements in Identifiable Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Changes in goodwill [abstract]
Goodwill, beginning balance	$ 967	$ 34,596
Goodwill, ending balance	958	967
Carrying amount
Changes in goodwill [abstract]
Goodwill, beginning balance	967	34,596
Additional recognition	0	0
Impairment losses recognized in income for the year	(9)	(33,629)
Total increase (decrease)	(9)	(33,629)
Goodwill, ending balance	958	967
Carrying amount | SQM Iberian S.A.
Changes in goodwill [abstract]
Goodwill, beginning balance	148	148
Additional recognition	0	0
Impairment losses recognized in income for the year	0	0
Total increase (decrease)	0	0
Goodwill, ending balance	148	148
Carrying amount | SQM Investment Corporation N.V.
Changes in goodwill [abstract]
Goodwill, beginning balance	86
Additional recognition	0
Impairment losses recognized in income for the year	0
Total increase (decrease)	0
Goodwill, ending balance	86	86
Carrying amount | Soquimich European holding B.V.
Changes in goodwill [abstract]
Goodwill, beginning balance	9	11,383
Additional recognition	0	0
Impairment losses recognized in income for the year	(9)	(11,374)
Total increase (decrease)	(9)	(11,374)
Goodwill, ending balance	0	9
Carrying amount | SQM Potasio S.A.
Changes in goodwill [abstract]
Goodwill, beginning balance	724
Additional recognition	0
Impairment losses recognized in income for the year	0
Total increase (decrease)	0
Goodwill, ending balance	724	724
Carrying amount | SQM S.A.
Changes in goodwill [abstract]
Goodwill, beginning balance	0	22,255
Additional recognition		0
Impairment losses recognized in income for the year		(22,255)
Total increase (decrease)		(22,255)
Goodwill, ending balance		0
Carrying amount | SQM Investment Corporation
Changes in goodwill [abstract]
Goodwill, beginning balance	86	86
Additional recognition		0
Impairment losses recognized in income for the year		0
Total increase (decrease)		0
Goodwill, ending balance		86
Carrying amount | SQM Potasio S.A.
Changes in goodwill [abstract]
Goodwill, beginning balance	$ 724	724
Additional recognition		0
Impairment losses recognized in income for the year		0
Total increase (decrease)		0
Goodwill, ending balance		$ 724

Property, plant and equipment -

Property, plant and equipment - Types and Classes of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, plant and equipment [abstract]
Land	$ 23,481	$ 23,482
Buildings	285,487	273,913
Other property, plant and equipment	62,739	34,960
Transport equipment	9,165	9,487
Supplies and accessories	4,139	4,798
Office equipment	1,158	1,355
Network and communication equipment	1,605	1,872
Mining assets	154,715	60,284
IT equipment	2,092	3,147
Energy generating assets	2,893	3,253
Constructions in progress	1,834,041	1,328,508
Machinery, plant and equipment	1,228,422	981,779
Total	3,609,937	2,726,838	$ 2,012,225
Description Of Classes Of Property, Plant And Equipment [Abstract]
Pumps	61,385	32,120
Conveyor Belt	16,589	17,135
Crystallizer	56,930	48,582
Plant Equipment	285,653	163,594
Tanks	39,422	25,923
Filter	69,246	47,976
Electrical equipment/facilities	110,255	110,275
Other Property, Plant & Equipment	68,967	112,628
Site Closure	40,696	36,673
Piping	142,013	107,481
Well	156,621	177,708
Pond	34,957	41,729
Spare Parts	145,688	59,955
Total	1,228,422	981,779
Historical cost
Property, plant and equipment [abstract]
Land	23,481	23,482
Buildings	851,706	803,398
Other property, plant and equipment	291,053	250,058
Transport equipment	22,143	21,343
Supplies and accessories	31,132	29,426
Office equipment	13,346	13,141
Network and communication equipment	11,644	10,878
Mining assets	341,837	230,803
IT equipment	29,384	31,197
Energy generating assets	38,929	38,540
Constructions in progress	1,834,041	1,328,508
Machinery, plant and equipment	4,189,794	3,716,440
Total	7,678,490	6,497,214
Description Of Classes Of Property, Plant And Equipment [Abstract]
Total	4,189,794	3,716,440
Accumulated depreciation and amortization
Property, plant and equipment [abstract]
Buildings	(566,219)	(529,485)
Other property, plant and equipment	(228,314)	(215,098)
Transport equipment	(12,978)	(11,856)
Supplies and accessories	(26,993)	(24,628)
Office equipment	(12,188)	(11,786)
Network and communication equipment	(10,039)	(9,006)
Mining assets	(187,122)	(170,519)
IT equipment	(27,292)	(28,050)
Energy generating assets	(36,036)	(35,287)
Machinery, plant and equipment	(2,961,372)	(2,734,661)
Total	(4,068,553)	(3,770,376)
Description Of Classes Of Property, Plant And Equipment [Abstract]
Total	$ (2,961,372)	$ (2,734,661)

Property, plant and equipment_2

Property, plant and equipment - Provision for Spare Parts (Details) - Spare Parts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	$ 52,072	$ 48,262
Increase in provision	6,528	3,810
Closing balance	$ 58,600	$ 52,072

Property, plant and equipment_3

Property, plant and equipment - Changes in Property, Plant and Equipment by Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	$ 2,726,838	$ 2,012,225
Changes
Additions	1,095,207	931,383
Disposals	(18)	(19)
Depreciation for the year	(252,747)	(218,713)
Impairment	(47,059)	(8,084)
Increase (decrease) in foreign currency translation difference	(98)	(33)
Reclassifications	0	0
Other increases (decreases)	87,814	10,307
Decreases for classification as held for sale	0	(228)
Subtotal	883,099	714,613
Closing balance	3,609,937	2,726,838
Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	6,497,214
Changes
Closing balance	7,678,490	6,497,214
Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(3,770,376)
Changes
Closing balance	(4,068,553)	(3,770,376)
Land
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	23,482	23,507
Changes
Additions	0	0
Disposals	0	0
Depreciation for the year	0	0
Impairment	0	0
Increase (decrease) in foreign currency translation difference	(6)	(5)
Reclassifications	0	121
Other increases (decreases)	5	0
Decreases for classification as held for sale	0	(141)
Subtotal	(1)	(25)
Closing balance	23,481	23,482
Land | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	23,482
Changes
Closing balance	23,481	23,482
Land | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	0
Changes
Closing balance	0	0
Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	273,913	270,563
Changes
Additions	0	495
Disposals	0	0
Depreciation for the year	(37,315)	(32,915)
Impairment	0	(156)
Increase (decrease) in foreign currency translation difference	(7)	(7)
Reclassifications	48,677	37,147
Other increases (decreases)	219	(1,127)
Decreases for classification as held for sale	0	(87)
Subtotal	11,574	3,350
Closing balance	285,487	273,913
Buildings | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	803,398
Changes
Closing balance	851,706	803,398
Buildings | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(529,485)
Changes
Closing balance	(566,219)	(529,485)
Other property, plant and equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	34,960	32,846
Changes
Additions	545	425
Disposals	0	0
Depreciation for the year	(13,337)	(8,691)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	(35)	0
Reclassifications	40,657	10,449
Other increases (decreases)	(51)	(69)
Decreases for classification as held for sale	0	0
Subtotal	27,779	2,114
Closing balance	62,739	34,960
Other property, plant and equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	250,058
Changes
Closing balance	291,053	250,058
Other property, plant and equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(215,098)
Changes
Closing balance	(228,314)	(215,098)
Transport equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	9,487	2,463
Changes
Additions	0	146
Disposals	0	0
Depreciation for the year	(1,155)	(962)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	(1)	0
Reclassifications	801	7,840
Other increases (decreases)	33	0
Decreases for classification as held for sale	0	0
Subtotal	(322)	7,024
Closing balance	9,165	9,487
Transport equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	21,343
Changes
Closing balance	22,143	21,343
Transport equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(11,856)
Changes
Closing balance	(12,978)	(11,856)
Supplies and accessories
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	4,798	5,556
Changes
Additions	52	4
Disposals	0	0
Depreciation for the year	(1,809)	(1,400)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	0	0
Reclassifications	1,099	726
Other increases (decreases)	(1)	(88)
Decreases for classification as held for sale	0	0
Subtotal	(659)	(758)
Closing balance	4,139	4,798
Supplies and accessories | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	29,426
Changes
Closing balance	31,132	29,426
Supplies and accessories | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(24,628)
Changes
Closing balance	(26,993)	(24,628)
Office equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	1,355	1,386
Changes
Additions	8	7
Disposals	0	0
Depreciation for the year	(230)	(248)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	(7)	(1)
Reclassifications	31	213
Other increases (decreases)	1	(2)
Decreases for classification as held for sale	0	0
Subtotal	(197)	(31)
Closing balance	1,158	1,355
Office equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	13,141
Changes
Closing balance	13,346	13,141
Office equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(11,786)
Changes
Closing balance	(12,188)	(11,786)
Network and communication equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	1,872	1,359
Changes
Additions	208	152
Disposals	0	0
Depreciation for the year	(670)	(788)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	0	0
Reclassifications	195	1,149
Other increases (decreases)	0	0
Decreases for classification as held for sale	0	0
Subtotal	(267)	513
Closing balance	1,605	1,872
Network and communication equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	10,878
Changes
Closing balance	11,644	10,878
Network and communication equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(9,006)
Changes
Closing balance	(10,039)	(9,006)
Mining assets
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	60,284	38,241
Changes
Additions	0	0
Disposals	0	0
Depreciation for the year	(16,603)	(12,871)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	0	0
Reclassifications	111,059	34,914
Other increases (decreases)	(25)	0
Decreases for classification as held for sale	0	0
Subtotal	94,431	22,043
Closing balance	154,715	60,284
Mining assets | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	230,803
Changes
Closing balance	341,837	230,803
Mining assets | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(170,519)
Changes
Closing balance	(187,122)	(170,519)
IT equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	3,147	3,570
Changes
Additions	207	270
Disposals	(1)	0
Depreciation for the year	(890)	(1,256)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	(3)	0
Reclassifications	(447)	582
Other increases (decreases)	79	(19)
Decreases for classification as held for sale	0	0
Subtotal	(1,055)	(423)
Closing balance	2,092	3,147
IT equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	31,197
Changes
Closing balance	29,384	31,197
IT equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(28,050)
Changes
Closing balance	(27,292)	(28,050)
Energy generating assets
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	3,253	3,970
Changes
Additions	0	0
Disposals	0	0
Depreciation for the year	(749)	(717)
Impairment	0	0
Increase (decrease) in foreign currency translation difference	0	0
Reclassifications	389	0
Other increases (decreases)	0	0
Decreases for classification as held for sale	0	0
Subtotal	(360)	(717)
Closing balance	2,893	3,253
Energy generating assets | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	38,540
Changes
Closing balance	38,929	38,540
Energy generating assets | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(35,287)
Changes
Closing balance	(36,036)	(35,287)
Assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	1,328,508	731,787
Changes
Additions	1,091,840	922,690
Disposals	0	0
Depreciation for the year		0
Impairment	0	0
Increase (decrease) in foreign currency translation difference	0	0
Reclassifications	(588,635)	(316,994)
Other increases (decreases)	2,328	(8,975)
Decreases for classification as held for sale	0	0
Subtotal	505,533	596,721
Closing balance	1,834,041	1,328,508
Assets under construction | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	1,328,508
Changes
Closing balance	1,834,041	1,328,508
Assets under construction | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	0
Changes
Closing balance	0	0
Machinery, plant and equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	981,779	896,977
Changes
Additions	2,347	7,194
Disposals	(17)	(19)
Depreciation for the year	(179,989)	(158,865)
Impairment	(47,059)	(7,928)
Increase (decrease) in foreign currency translation difference	(39)	(20)
Reclassifications	386,174	223,853
Other increases (decreases)	85,226	20,587
Decreases for classification as held for sale	0	0
Subtotal	246,643	84,802
Closing balance	1,228,422	981,779
Machinery, plant and equipment | Historical cost
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	3,716,440
Changes
Closing balance	4,189,794	3,716,440
Machinery, plant and equipment | Accumulated amortization
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	(2,734,661)
Changes
Closing balance	$ (2,961,372)	$ (2,734,661)

Property, plant and equipment_4

Property, plant and equipment - Costs of Capitalized Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [abstract]
Weighted average capitalization rate of capitalized interest costs, percentage	5%	4%
Amount of interest cost capitalized	$ 43,331	$ 24,708

Other current and non-current_3

Other current and non-current non-financial assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	$ 136,750	$ 196,335
Other non-current non-financial assets	373,700	52,396
Domestic Value Added Tax
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	63,973	81,361
Foreign Value Added Tax
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	24,889	66,926
Other non-current non-financial assets	308,084	0
Prepaid mining licenses
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	1,299	1,122
Prepaid insurance
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	15,022	33,896
Other prepayments
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	3,204	1,230
Refund of Value Added Tax to exporters
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	19,929	3,020
Other taxes
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	6,142	7,512
Other assets
Disclosure of other non-financial assets [Line Items]
Other non-financial assets, current	2,292	1,268
Other non-current non-financial assets	7,208	7,656
Exploration and evaluation expenses
Disclosure of other non-financial assets [Line Items]
Other non-current non-financial assets	57,458	44,023
Guarantee deposits
Disclosure of other non-financial assets [Line Items]
Other non-current non-financial assets	$ 950	$ 717

Other current and non-current_4

Other current and non-current non-financial assets - Movements in Assets for Exploration (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Current And Non-Current Non-Financial Assets
Opening balance	$ 44,023	$ 26,752	$ 17,883
Changes
Additions	12,002	11,341	8,071
Reclassifications from/to short-term (inventory)	1,049	(465)	83
Amortization of ground studies	(2,131)	(2,421)	(1,360)
Reclassification from construction in progress	2,515	8,816	2,075
Total changes	13,435	17,271	8,869
Ending balance	$ 57,458	$ 44,023	$ 26,752

Other current and non-current_5

Other current and non-current non-financial assets - Explorations in Execution (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Disbursements For Exploration And Evaluation [Line Items]
Chile	$ 1,834,041	$ 1,328,508
Explorations in execution
Disclosure Of Disbursements For Exploration And Evaluation [Line Items]
Chile	9,062	3,699
Explorations in execution | Chile
Disclosure Of Disbursements For Exploration And Evaluation [Line Items]
Chile	$ 9,062	$ 3,699

Other current and non-current_6

Other current and non-current non-financial assets - Conciliation of Explorations in Execution (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Current And Non-Current Non-Financial Assets
Opening balance		$ 3,699	$ 1,000
Disbursements	$ 6,095	4,227
Reclassifications	(732)	(1,528)
Total changes	5,363	2,699
Total	$ 9,062	$ 3,699

Other current and non-current_7

Other current and non-current non-financial assets - Reimbursements for Exploration and Evaluation (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Metallic/Non-Metallic
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items]
Prospecting	$ 50,844	$ 36,327
Metallic/Non-Metallic | Chile
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items]
Prospecting	50,844	36,327
Non Metallic Exploration | Chile
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items]
Prospecting	13,803	11,417
Metallic Exploration | Chile
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items]
Prospecting	$ 37,041	$ 24,910

Other current and non-current_8

Other current and non-current non-financial assets - Prospecting Conciliation (Details) - Metallic Exploration - Chile - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Detailed Information About Reconciliation Of Economically Feasible Metalic Explorations [Line Items]
Opening balance		$ 36,327	$ 18,154
Additions	$ 12,002	11,341
Reclassifications from Exploration in execution – Chile	2,515	8,864
Reclassifications to Exploration in Exploitation-Chile	0	(2,032)
Total changes	14,517	18,173
Total	$ 50,844	$ 36,327

Other current and non-current_9

Other current and non-current non-financial assets - Short and Long-Term Exploitation Conciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Detailed Information About Short Term And Long Term Exploitation Conciliation [Line Items]
Amortization of ground studies	$ (2,131)	$ (2,421)	$ (1,360)
Short-Term Exploitation Conciliation
Detailed Information About Short Term And Long Term Exploitation Conciliation [Line Items]
Opening balance	1,700	1,235
Amortization of ground studies	0	0
Reclasifications from/to short term (inventories)	(1,049)	465
Total changes	(1,049)	465
Total	651	1,700	1,235
Long-Term Exploitation Conciliation
Detailed Information About Short Term And Long Term Exploitation Conciliation [Line Items]
Opening balance	7,696	8,598
Amortization of ground studies	(2,131)	(2,421)
Reclasifications from/to short term (inventories)	1,049	1,519
Total changes	(1,082)	(902)
Total	$ 6,614	$ 7,696	$ 8,598

Employee benefits - Classes of

Employee benefits - Classes of Benefits and Expenses by Employee (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current
Profit sharing and bonuses	$ 0	$ 2,270
Performance bonus and operational targets	23,946	33,106
Total	23,946	35,376
Non-current
Profit sharing and bonuses	18,428	8,973
Severance indemnity payments	43,578	34,899
Total	$ 62,006	$ 43,872

Employee benefits - Narrative (

Employee benefits - Narrative (Details) CLF in Thousands, $ in Thousands			3 Months Ended	12 Months Ended
	Apr. 26, 2023 CLF	Apr. 26, 2022 CLF	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($) executive shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)
Employee benefits [Line Items]
Number of company executives entitled to benefits | executive				41
Key management personnel compensation | CLF	CLF 600	CLF 600
Executive compensation plan
Employee benefits [Line Items]
Number of shares effected | shares				18,428	8,495
Key management personnel compensation | $				$ 9,933	$ 8,495
Financial target compensation plan
Employee benefits [Line Items]
Number of shares effected | shares				188,740
Key management personnel compensation | $			$ 2,390		$ 2,251	$ 5,978
Men
Employee benefits [Line Items]
Actuarial assumption of retirement age (in years)				65 years	65 years	65 years
Men | Top of range
Employee benefits [Line Items]
Actuarial assumption of retirement age (in years)				65 years
Women
Employee benefits [Line Items]
Actuarial assumption of retirement age (in years)				60 years	60 years	60 years
Women | Top of range
Employee benefits [Line Items]
Actuarial assumption of retirement age (in years)				60 years

Employee benefits - Changes in

Employee benefits - Changes in the Benefit Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee Benefits
Benefit obligation at the beginning of the year	$ 279	$ 9,550	$ 9,864
Current cost of service	0	0	0
Interest cost	12	255	240
Actuarial gain (loss)	180	(1,357)	(135)
Settlement	0	(7,739)	0
Benefits paid	(185)	(430)	(419)
Benefit obligation at the end of the year	$ 286	$ 279	$ 9,550

Employee benefits - Changes i_2

Employee benefits - Changes in Plan Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee Benefits
Fair value of plan assets at the start of the year	$ 4,982	$ 13,497	$ 12,888
Real return (loss) in the plan assets	584	(346)	1,028
Benefits paid	(185)	(430)	(419)
Settlement	0	(7,739)	0
Fair value of plan assets at the end of the year	5,381	4,982	13,497
Non-current-assets	5,095	4,703	3,947
Net actuarial income at the beginning of the year	59	1,039	192
Settlement	0	(1,627)	0
Gain	190	647	847
Adjustment to recognize the minimum pension obligation	$ 249	$ 59	$ 1,039

Employee benefits - Cost of Ser

Employee benefits - Cost of Service or Benefits Received (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee Benefits
Financial cost	$ 12	$ 255	$ 240
Real loss in plan assets	(214)	(363)	(316)
Settlement	0	(1,627)	0
Net periodic pension expenses	$ (202)	$ (1,735)	$ (76)

Employee benefits - Staff Sever

Employee benefits - Staff Severance Indemnities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee benefits [Line Items]
Current cost of service	$ 0	$ 0	$ 0
Interest cost	12	255	240
Actuarial gain loss	180	(1,357)	(135)
Benefits paid during the year	0	7,739	0
Staff severance indemnities
Employee benefits [Line Items]
Balance, beginning of year	(34,899)	(27,099)	(32,199)
Current cost of service	(4,624)	(4,204)	(4,978)
Interest cost	(2,236)	(1,928)	(1,303)
Actuarial gain loss	(5,947)	(5,305)	3,999
Exchange rate difference	769	551	4,971
Benefits paid during the year	3,359	3,086	2,411
Balance, end of year	$ (43,578)	$ (34,899)	$ (27,099)

Employee benefits - Actuarial A

Employee benefits - Actuarial Assumptions (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee benefits [Line Items]
Actuarial assumption of discount rates	5.32%	5.12%	5.67%
Actuarial assumption of inflation rate	3%	3.41%	3.20%
Voluntary retirement rate:
Salary increase	4.01%	3%	3%
Men
Voluntary retirement rate:
Actuarial assumption voluntary retirement rate	3.82%	6.49%	6.49%
Retirement age:
Actuarial assumption of retirement age (in years)	65 years	65 years	65 years
Women
Voluntary retirement rate:
Actuarial assumption voluntary retirement rate	3.82%	6.49%	6.49%
Retirement age:
Actuarial assumption of retirement age (in years)	60 years	60 years	60 years

Employee benefits - Sensitivity

Employee benefits - Sensitivity Analysis of Actuarial Assumptions (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Actuarial assumption of discount rates
Employee benefits [Line Items]
Increase in actuarial assumption	$ (2,575)	$ (2,090)	$ (1,614)
Decrease in actuarial assumption	2,898	2,352	1,817
Actuarial assumption of employee turnover rate
Employee benefits [Line Items]
Increase in actuarial assumption	(338)	(274)	(212)
Decrease in actuarial assumption	$ 378	$ 307	$ 237

Provisions and other non-fina_3

Provisions and other non-financial liabilities - Types of Provisions (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Current	$ 392,322,000	$ 1,303,146,000
Non-current	60,450,000	58,053,000
Total	$ 452,772,000	1,361,199,000
Potassium-lithium operations | Minimum
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Discount rate evaluation horizon (in years)	8
Potassium-lithium operations | Top of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Discount rate evaluation horizon (in years)	25
Nitrate-iodine operations | Minimum
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Discount rate evaluation horizon (in years)	11
Nitrate-iodine operations | Top of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Discount rate evaluation horizon (in years)	22
Legal complaints
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Current	$ 106,000	52,106,000
Non-current	1,195,000	1,603,000
Total	1,301,000	53,709,000
Provision for dismantling, restoration and rehabilitation cost
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Current	0	0
Non-current	58,459,000	53,995,000
Total	58,459,000	53,995,000
Other provisions
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Current	392,216,000	1,251,040,000
Non-current	796,000	2,455,000
Total	$ 393,012,000	$ 1,253,495,000

Provisions and other non-fina_4

Provisions and other non-financial liabilities - Other Current Provisions (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) ha subsidiary	Dec. 31, 2022 USD ($)
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Total	$ 392,322	$ 1,303,146
Bottom of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Research and development expense	10,000
Top of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Research and development expense	$ 15,000
SQM Salar
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Area of land (in hectares) | ha	140,000
Area of land, entitled (in hectares) | ha	81,920
SQM
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Percentage of entity's revenue	1.70%
SQM | Lithium Metal Equivalent
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Authorized production and sales limit (in tons) | subsidiary	64,816
SQM | Lithium Carbonate Equivalent
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Authorized production and sales limit (in tons) | subsidiary	345,015
SQM | Bottom of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Research and development expense	$ 10,800
SQM | Top of range
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Research and development expense	$ 18,900
SQM | Top of range | Lithium Metal Equivalent
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Authorized production and sales limit (in tons) | subsidiary	349,553
SQM | Top of range | Lithium Carbonate Equivalent
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Authorized production and sales limit (in tons) | subsidiary	1,860,671
Other provisions
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Rent under lease contract	$ 354,205	1,189,326
Provision for additional tax related to foreign loans	1,641	1,085
End of agreement bonus	6,979	35,819
Other bonuses to workers	6,933	0
Directors’ per diem allowance	4,676	4,250
Miscellaneous provisions	17,782	20,560
Total	$ 392,216	$ 1,251,040

Provisions and other non-fina_5

Provisions and other non-financial liabilities - Lease Payment Rates (Details) - Other provisions	Dec. 31, 2023 USD ($)
Lithium Carbonate | Price Range One
Disclosure of other provisions [line items]
Lease payment rate	6.80%
Lithium Carbonate | Price Range One | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 0
Lithium Carbonate | Price Range One | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 4,000
Lithium Carbonate | Price Range Two
Disclosure of other provisions [line items]
Lease payment rate	8%
Lithium Carbonate | Price Range Two | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 4,000
Lithium Carbonate | Price Range Two | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 5,000
Lithium Carbonate | Price Range Three
Disclosure of other provisions [line items]
Lease payment rate	10%
Lithium Carbonate | Price Range Three | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 5,000
Lithium Carbonate | Price Range Three | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 6,000
Lithium Carbonate | Price Range Four
Disclosure of other provisions [line items]
Lease payment rate	17%
Lithium Carbonate | Price Range Four | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 6,000
Lithium Carbonate | Price Range Four | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 7,000
Lithium Carbonate | Price Range Five
Disclosure of other provisions [line items]
Lease payment rate	25%
Lithium Carbonate | Price Range Five | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 7,000
Lithium Carbonate | Price Range Five | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	10,000
Lithium Carbonate | Price Range Six
Disclosure of other provisions [line items]
Lease payments, product price	$ 10,000
Lease payment rate	40%
Lithium Hydroxide | Price Range One
Disclosure of other provisions [line items]
Lease payment rate	6.80%
Lithium Hydroxide | Price Range One | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 0
Lithium Hydroxide | Price Range One | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 5,000
Lithium Hydroxide | Price Range Two
Disclosure of other provisions [line items]
Lease payment rate	8%
Lithium Hydroxide | Price Range Two | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 5,000
Lithium Hydroxide | Price Range Two | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 6,000
Lithium Hydroxide | Price Range Three
Disclosure of other provisions [line items]
Lease payment rate	10%
Lithium Hydroxide | Price Range Three | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 6,000
Lithium Hydroxide | Price Range Three | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 7,000
Lithium Hydroxide | Price Range Four
Disclosure of other provisions [line items]
Lease payment rate	17%
Lithium Hydroxide | Price Range Four | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 7,000
Lithium Hydroxide | Price Range Four | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 10,000
Lithium Hydroxide | Price Range Five
Disclosure of other provisions [line items]
Lease payment rate	25%
Lithium Hydroxide | Price Range Five | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 10,000
Lithium Hydroxide | Price Range Five | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	12,000
Lithium Hydroxide | Price Range Six
Disclosure of other provisions [line items]
Lease payments, product price	$ 12,000
Lease payment rate	40%
Potassium Chloride | Price Range One
Disclosure of other provisions [line items]
Lease payment rate	3%
Potassium Chloride | Price Range One | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 0
Potassium Chloride | Price Range One | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 300
Potassium Chloride | Price Range Two
Disclosure of other provisions [line items]
Lease payment rate	7%
Potassium Chloride | Price Range Two | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 300
Potassium Chloride | Price Range Two | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 400
Potassium Chloride | Price Range Three
Disclosure of other provisions [line items]
Lease payment rate	10%
Potassium Chloride | Price Range Three | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 400
Potassium Chloride | Price Range Three | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 500
Potassium Chloride | Price Range Four
Disclosure of other provisions [line items]
Lease payment rate	15%
Potassium Chloride | Price Range Four | Bottom of range
Disclosure of other provisions [line items]
Lease payments, product price	$ 500
Potassium Chloride | Price Range Four | Top of range
Disclosure of other provisions [line items]
Lease payments, product price	600
Potassium Chloride | Price Range Five
Disclosure of other provisions [line items]
Lease payments, product price	$ 600
Lease payment rate	20%

Provisions and other non-fina_6

Provisions and other non-financial liabilities - Changes in Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Total provisions, initial balance	$ 1,361,199	$ 378,704	$ 166,783
Changes
Additional provisions	1,935,059	3,056,824	287,568
Provision used	(2,824,129)	(2,060,321)	(65,358)
Increase (decrease) in foreign currency exchange	(838)	(32)	(72)
Others	(18,519)	(13,976)	(10,217)
Total Increase (decreases)	(908,427)	982,495	211,921
Total provisions, ending balance	452,772	1,361,199	378,704
Legal complaints
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Total provisions, initial balance	53,709	49,741	10,165
Changes
Additional provisions	266	3,981	48,012
Provision used	(52,707)	0	(8,399)
Increase (decrease) in foreign currency exchange	33	(1)	(37)
Others	0	(12)	0
Total Increase (decreases)	(52,408)	3,968	39,576
Total provisions, ending balance	1,301	53,709	49,741
Provision for dismantling, restoration and rehabilitation cost
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Total provisions, initial balance	53,995	58,592	61,265
Changes
Additional provisions	12,127	7,085	7,302
Provision used	0	0	0
Increase (decrease) in foreign currency exchange	0	(35)	0
Others	(7,663)	(11,647)	(9,975)
Total Increase (decreases)	4,464	(4,597)	(2,673)
Total provisions, ending balance	58,459	53,995	58,592
Other provisions
Disclosure Of Provisions And Other Non-Financial Liabilities [Line Items]
Total provisions, initial balance	1,253,495	270,371	95,353
Changes
Additional provisions	1,922,666	3,045,758	232,254
Provision used	(2,771,422)	(2,060,321)	(56,959)
Increase (decrease) in foreign currency exchange	(871)	4	(35)
Others	(10,856)	(2,317)	(242)
Total Increase (decreases)	(860,483)	983,124	175,018
Total provisions, ending balance	$ 393,012	$ 1,253,495	$ 270,371

Provisions and other non-fina_7

Provisions and other non-financial liabilities - Other Current Non-Financial Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of other provisions [abstract]
Tax withholdings	$ 8,750	$ 46,518
VAT payable	33,782	43,439
Guarantees received	1,021	743
Accrual for dividend	67,219	7,370
Monthly tax provisional payments	26,160	289,326
Deferred income	4,144	19,341
Withholdings from employees and salaries payable	9,333	7,242
Accrued vacations	35,902	29,642
Other current liabilities	994	2,856
Total	$ 187,305	$ 446,477

Disclosures on equity - Capital

Disclosures on equity - Capital Management Ratios (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Disclosures Of Equity [Line Items]
Net financial debt	$ 2,161,874	$ (660,246)	$ 258,915
Liquidity, ratio	2.33	2.29
Capital Management
Disclosures Of Equity [Line Items]
Net financial debt	$ 2,086,717	$ (721,980)
Liquidity, ratio	2.33	2.29
ROE, percentage	20.78	79.37
Adjusted EBITDA	$ 3,180,071	$ 5,838,439
EBITDA	$ 3,226,202	$ 5,817,605
ROA, percentage	35.90	78.61
Indebtedness, ratio	0.47	(0.15)

Disclosures on equity - Narrati

Disclosures on equity - Narrative (Details) $ / shares in Units, $ in Thousands									12 Months Ended
	Mar. 28, 2024 $ / shares	Nov. 15, 2023 $ / shares	Aug. 16, 2023 $ / shares	May 17, 2023 $ / shares	Apr. 26, 2023 $ / shares	Nov. 21, 2022 $ / shares	Aug. 17, 2022 $ / shares	May 18, 2022 $ / shares	Dec. 31, 2023 USD ($)
Disclosures Of Equity [Line Items]
Contractual capital commitments | $									$ 0
Borrowing ratio, maximum									1
Minimum ownership required to call ordinary or extraordinary meeting, percentage									50%
Number of consecutive limitation period of series B shares (in years)									50 years
Final dividend (in USD per share)	$ 2.11386				$ 3.22373
Interim dividend (in dollars per share)		$ 0.50347	$ 0.60940	$ 0.78760			$ 1.84914	$ 2.78716
Special dividend (in dollars per share)						$ 3.08056
Financial Parameter One
Disclosures Of Equity [Line Items]
Cash dividend rate, percentage									100%
Cash dividend rate, financial parameters, liabilities less cash equivalents and other current financial assets divided by equity, ratio									0.8
Cash dividend rate, financial parameters, current assets divided by current liabilities, ratio									2.5
Financial Parameter Two
Disclosures Of Equity [Line Items]
Cash dividend rate, percentage									80%
Cash dividend rate, financial parameters, liabilities less cash equivalents and other current financial assets divided by equity, ratio									0.9
Cash dividend rate, financial parameters, current assets divided by current liabilities, ratio									2
Financial Parameter Three
Disclosures Of Equity [Line Items]
Cash dividend rate, percentage									60%
Cash dividend rate, financial parameters, liabilities less cash equivalents and other current financial assets divided by equity, ratio									1
Cash dividend rate, financial parameters, current assets divided by current liabilities, ratio									1.5
No Financial Parameters Met
Disclosures Of Equity [Line Items]
Cash dividend rate, percentage									50%
Final dividend as per policy
Disclosures Of Equity [Line Items]
Final dividend (in USD per share)					$ 10.94060
Minimum
Disclosures Of Equity [Line Items]
Cash dividend rate, percentage									30%

Disclosures on equity - Financi

Disclosures on equity - Financial Restrictions with Respect to Bonds Issued (Details)	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Financial Restrictions [Line Items]
Borrowing ratio, maximum	1
Financial Restrictions | Net Financial Debt (NFD)/Equity | Quarterly | Series H bonds
Disclosure Of Financial Restrictions [Line Items]
Borrowing ratio, maximum	0.0100	0.0100
Indicator or ratio determined by the company	0.47%	0.15%
Financial Restrictions | Net Financial Debt (NFD)/Equity | Quarterly | Series Q bonds
Disclosure Of Financial Restrictions [Line Items]
Borrowing ratio, maximum	0.0100	0.0100
Indicator or ratio determined by the company	0.47%	0.15%
Financial Restrictions | Net Financial Debt (NFD)/Equity | Quarterly | Series O bonds
Disclosure Of Financial Restrictions [Line Items]
Borrowing ratio, maximum	0.0100	0.0100
Indicator or ratio determined by the company	0.47%	0.15%
Financial Restrictions | Net Financial Debt (NFD)/Equity | Quarterly | Bank borrowings
Disclosure Of Financial Restrictions [Line Items]
Borrowing ratio, maximum	0.0100	0.0100
Indicator or ratio determined by the company	0.47%	0.15%

Disclosures on equity - Shares

Disclosures on equity - Shares Issued by Class (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosures Of Equity [Line Items]
Capital amount in shares	$ 1,577,643	$ 1,577,643
Series A preferred shares
Disclosures Of Equity [Line Items]
Number of authorized shares (in shares)	142,819,552	142,819,552	142,819,552
Number of fully subscribed and paid shares (in shares)	142,819,552	142,819,552	142,819,552
Number of subscribed, partially paid shares (in shares)	0	0	0
Increase (decrease) in number of current shares (in shares)	0	0	0
Number of outstanding shares (in shares)	142,818,904	142,818,904	142,818,904
Number of shares owned by the company or its subsidiaries or associates (in shares)	648	648	648
Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares (in shares)	0	0	0
Capital amount in shares	$ 134,750	$ 134,750	$ 134,750
Total number of subscribed shares (in shares)	142,819,552	142,819,552	142,819,552
Series B preferred shares
Disclosures Of Equity [Line Items]
Number of authorized shares (in shares)	142,818,904	142,818,904	142,818,904
Number of fully subscribed and paid shares (in shares)	142,818,904	142,818,904	142,818,904
Number of subscribed, partially paid shares (in shares)	0	0	0
Increase (decrease) in number of current shares (in shares)	0	0	0
Number of outstanding shares (in shares)	142,818,904	142,818,904	142,818,904
Number of shares owned by the company or its subsidiaries or associates (in shares)	0	0	0
Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares (in shares)	0	0	0
Capital amount in shares	$ 1,442,893	$ 1,442,893	$ 1,442,893
Total number of subscribed shares (in shares)	142,818,904	142,818,904	142,818,904

Disclosures on equity - Reserve

Disclosures on equity - Reserves in Equity (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Miscellaneous equity [abstract]
Reserve for currency exchange conversion	$ (4,921)	$ (8,042)	$ (7,913)
Reserve for cash flow hedges	(930)	(14,575)	(34,025)
Reserve for gains and losses from financial assets measured at fair value through other comprehensive income	122,294	(10,973)	(11,146)
Reserve for actuarial gains or losses in defined benefit plans	(13,454)	(9,198)	(4,174)
Other reserves	11,881	11,663	13,103
Total	$ 114,870	$ (31,125)	$ (44,155)	$ 7,432

Disclosures on equity - Movemen

Disclosures on equity - Movements in Other Reserves and Changes in Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosures Of Equity [Line Items]
Opening balance	$ (31,125)	$ (44,155)	$ 7,432
Movement of reserves	188,138	28,879	(69,295)
Reclassification adjustments	18,566	(9,912)	9,550
Related taxes	(60,709)	(5,937)	17,922
Reclassification to retained earnings			(9,764)
Closing balance	114,870	(31,125)	(44,155)
Foreign currency translation difference, before taxes
Disclosures Of Equity [Line Items]
Opening balance	(8,042)	(7,913)	(11,569)
Movement of reserves	3,121	(129)	4,046
Reclassification adjustments	0	0	(390)
Related taxes	0	0	0
Reclassification to retained earnings			0
Closing balance	(4,921)	(8,042)	(7,913)
Reserve for cash flow hedges, before taxes
Disclosures Of Equity [Line Items]
Opening balance	(19,967)	(46,589)	6,173
Movement of reserves	126	36,079	(66,051)
Reclassification adjustments	18,566	(9,457)	13,289
Related taxes	0	0	0
Reclassification to retained earnings			0
Closing balance	(1,275)	(19,967)	(46,589)
Reserve for cash flow hedges, deferred taxes
Disclosures Of Equity [Line Items]
Opening balance	5,392	12,564	(1,682)
Movement of reserves	0	0	0
Reclassification adjustments	0	0	0
Related taxes	(5,047)	(7,172)	14,246
Reclassification to retained earnings			0
Closing balance	345	5,392	12,564
Reserve for actuarial gains and losses from defined benefit plans, before taxes
Disclosures Of Equity [Line Items]
Opening balance	(12,155)	(5,879)	(10,527)
Movement of reserves	(5,836)	(6,276)	4,648
Reclassification adjustments	0	0	0
Related taxes	0	0	0
Reclassification to retained earnings			0
Closing balance	(17,991)	(12,155)	(5,879)
Reserve for actuarial gains and losses from defined benefit plans, deferred taxes
Disclosures Of Equity [Line Items]
Opening balance	2,957	1,705	1,847
Movement of reserves	0	0	0
Reclassification adjustments	0	0	0
Related taxes	1,580	1,252	(142)
Reclassification to retained earnings			0
Closing balance	4,537	2,957	1,705
Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income, before taxes
Disclosures Of Equity [Line Items]
Opening balance	(15,081)	(15,271)	10,176
Movement of reserves	190,509	190	(12,072)
Reclassification adjustments	0	0	0
Related taxes	0	0	0
Reclassification to retained earnings			(13,375)
Closing balance	175,428	(15,081)	(15,271)
Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income, deferred taxes
Disclosures Of Equity [Line Items]
Opening balance	4,108	4,125	(3,304)
Movement of reserves	0	0	0
Reclassification adjustments	0	0	0
Related taxes	(57,242)	(17)	3,818
Reclassification to retained earnings			3,611
Closing balance	(53,134)	4,108	4,125
Other reserves, before taxes
Disclosures Of Equity [Line Items]
Opening balance	11,663	13,103	16,318
Movement of reserves	218	(985)	134
Reclassification adjustments	0	(455)	(3,349)
Related taxes	0	0	0
Reclassification to retained earnings			0
Closing balance	11,881	11,663	13,103
Total reserves, reserves
Disclosures Of Equity [Line Items]
Opening balance	(43,582)	(62,549)	10,571
Movement of reserves	188,138	28,879	(69,295)
Reclassification adjustments	18,566	(9,912)	9,550
Related taxes	0	0	0
Reclassification to retained earnings			(13,375)
Closing balance	163,122	(43,582)	(62,549)
Total reserves, deferred taxes
Disclosures Of Equity [Line Items]
Opening balance	12,457	18,394	(3,139)
Movement of reserves	0	0	0
Reclassification adjustments	0	0	0
Related taxes	(60,709)	(5,937)	17,922
Reclassification to retained earnings			3,611
Closing balance	$ (48,252)	$ 12,457	$ 18,394

Disclosures on equity - Other R

Disclosures on equity - Other Reserves (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosures Of Equity [Line Items]
Total Other reserves	$ 11,881	$ 11,663	$ 13,103
SQM Iberian S.A.
Disclosures Of Equity [Line Items]
Total Other reserves	9,464	9,464	9,464
SQM Europe NV
Disclosures Of Equity [Line Items]
Total Other reserves	1,957	1,957	1,957
Soquimich European holding B.V.
Disclosures Of Equity [Line Items]
Total Other reserves	828	828	828
Abu Dhabi Fertilizer Industries WWL
Disclosures Of Equity [Line Items]
Total Other reserves	0	0	455
Soquimich Comercial S.A.
Disclosures Of Equity [Line Items]
Total Other reserves	(393)	(401)	0
SQM Vitas Fzco.
Disclosures Of Equity [Line Items]
Total Other reserves	85	85	(38)
Pavoni & C. Spa
Disclosures Of Equity [Line Items]
Total Other reserves	7	7	7
SAS Adionics
Disclosures Of Equity [Line Items]
Total Other reserves	116	0	0
SQM Australia Pty Ltd
Disclosures Of Equity [Line Items]
Total Other reserves	94	0	0
SQM Iberian S.A.
Disclosures Of Equity [Line Items]
Total Other reserves	(1,677)	(1,677)	(1,677)
Orcoma Estudios SPA
Disclosures Of Equity [Line Items]
Total Other reserves	2,121	2,121	2,121
SQM Industrial S.A.
Disclosures Of Equity [Line Items]
Total Other reserves	0	0	707
Others
Disclosures Of Equity [Line Items]
Total Other reserves	$ (721)	$ (721)	$ (721)

Disclosures on equity - Non-con

Disclosures on equity - Non-controlling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Net income attributable to non-controlling interests for the year ended	$ 7,076	$ 7,973	$ 6,751
Equity, non-controlling interests for the year ended	36,230	35,369
Dividends paid to non-controlling interests for the year ended	$ 6,265	7,369
SQM Potasio S.A.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	0%
Net income attributable to non-controlling interests for the year ended	$ 0	0
Equity, non-controlling interests for the year ended	0	0
Dividends paid to non-controlling interests for the year ended	$ 0	0
Ajay SQM Chile S.A.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	49%
Net income attributable to non-controlling interests for the year ended	$ 3,238	2,415
Equity, non-controlling interests for the year ended	9,795	8,986
Dividends paid to non-controlling interests for the year ended	$ 2,428	1,811
Soquimich Comercial S.A.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	39.36168%
Net income attributable to non-controlling interests for the year ended	$ 3,838	5,558
Equity, non-controlling interests for the year ended	26,435	26,383
Dividends paid to non-controlling interests for the year ended	$ 3,837	5,558
Comercial Agrorama Ltda.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	30%
Net income attributable to non-controlling interests for the year ended	$ 0	0
Equity, non-controlling interests for the year ended	0	0
Dividends paid to non-controlling interests for the year ended	$ 0	0
SQM Indonesia S.A.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	20%
Net income attributable to non-controlling interests for the year ended	$ 0	0
Equity, non-controlling interests for the year ended	0	0
Dividends paid to non-controlling interests for the year ended	$ 0	0
SQM Thailand Limited
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage	0.002%
Net income attributable to non-controlling interests for the year ended	$ 0	0
Equity, non-controlling interests for the year ended	0	0
Dividends paid to non-controlling interests for the year ended	$ 0	$ 0
Comercial Hydro S.A.
Disclosure Of Noncontrolling interests Explanatory [Line Items]
Proportion of interests in the ownership held by non-controlling interests, percentage		30%

Disclosures on equity - Dividen

Disclosures on equity - Dividends Discounted from Equity (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosures Of Equity [Line Items]
Dividends discounted from equity for the period	[1]	$ 1,530,885	$ 2,211,598	$ 597,861
Parent
Disclosures Of Equity [Line Items]
Interim dividend		542,847	2,204,229	157,774
Final dividend		920,819	0	399,998
Dividend according to policy		60,953	0	27,681
Owners of the Parent		1,524,619	2,204,229	585,453
Non- controlling interests
Disclosures Of Equity [Line Items]
Dividend according to policy		6,266	7,369	6,504
Dividend eventual		0	0	5,904
Non-controlling interests		$ 6,266	$ 7,369	$ 12,408
[1] See Note 19.7

Contingencies and restrictions

Contingencies and restrictions - Lawsuits and Other Relevant Events (Details) د.إ in Millions

12 Months Ended

Feb. 01, 2024 USD ($)

Apr. 14, 2020 USD ($)

Dec. 31, 2023 USD ($) employee

Feb. 29, 2024 USD ($)

Jan. 31, 2024 USD ($)

Dec. 14, 2023 USD ($)

Aug. 01, 2023 USD ($)

May 31, 2023 USD ($) employee company

May 31, 2023 AED (د.إ) employee company

Mar. 31, 2023 USD ($)

Dec. 31, 2022 employee

Jan. 27, 2022 USD ($)

Sep. 08, 2021 USD ($)

Aug. 31, 2004 USD ($)

Aug. 31, 1996 USD ($)

Dec. 31, 1995 USD ($)

Disclosure of contingent liabilities [line items]

Number of employees | employee

7,682

6,997

Chilena Consolidada Seguros

Disclosure of contingent liabilities [line items]

Estimated financial effect of contingent assets

$ 32,200,000

General Water Bureau

Disclosure of contingent liabilities [line items]

Loss contingency, damages awarded

$ 4,180,000

Legal proceedings contingent liability | Pomona Case | City Of Pomona, California

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 30,280,802

$ 48,128,378

$ 48,128,378

Legal proceedings contingent liability | Trujillo Montejano

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 330,000,000

Legal proceedings contingent liability | Adfert Case

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable | د.إ

د.إ 73.5

Legal proceedings contingent liability | Pena Labor Case

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 358,000,000

Number of employees | employee

17

17

Number of companies | company

6

6

Legal proceedings contingent liability | Carreno Soto Case | Entering into significant commitments or contingent liabilities

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 227,000,000

Legal proceedings contingent liability | Pallauta, Gonzalez and Flores Et Al Labor Case

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 369,000,000

Legal proceedings contingent liability | Cortes Et Al Labor Case

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 279,000,000

Nitratos Naturais do Chile Ltda. | Provision for taxes other than income tax | Law Suit One A | Fazoanda Do Estado De Sao Paulo

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 492,000

Nitratos Naturais do Chile Ltda. | Provision for taxes other than income tax | Law Suit One B | Fazoanda Do Estado De Sao Paulo

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 265,000

Soquimich Comercial S.A.

Disclosure of contingent liabilities [line items]

Lawsuits, damages owed value

$ 1,050,000

Lawsuit five

Disclosure of contingent liabilities [line items]

Lawsuits, nominal value

1,200,000

Lawsuits, damages owed value

$ 52,000,000

Lawsuit six

Disclosure of contingent liabilities [line items]

Lawsuits, nominal value

3,000,000

Lawsuit eight

Disclosure of contingent liabilities [line items]

Lawsuits, nominal value

1,200,000

Lawsuit fifteen

Disclosure of contingent liabilities [line items]

Lawsuits, nominal value

$ 542,000,000

Fazoanda Do Estado De Sao Paulo | Law Suit One A | Nitratos Naturais do Chile Ltda. | Provision for taxes other than income tax

Disclosure of contingent liabilities [line items]

Law suits fines penalties and damages payable

$ 352,000

Contingencies and restriction_2

Contingencies and restrictions - Environmental Contingencies (Details) $ in Thousands	Aug. 29, 2022 USD ($)
SMA Environmental Case | Superintendency of Environment (SMA) | Legal proceedings contingent liability
Disclosure of contingent liabilities [line items]
Law suits fines penalties and damages payable	$ 9,000

Contingencies and restriction_3

Contingencies and restrictions - Tax Contingencies (Details) $ in Thousands								12 Months Ended
	Apr. 05, 2024 USD ($)	Jan. 19, 2024 USD ($)	Dec. 19, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jul. 15, 2021 USD ($)	Mar. 24, 2017 USD ($)	Aug. 26, 2016 USD ($)	Dec. 31, 2023 USD ($) tax_claim	Dec. 31, 2022 USD ($)
Disclosure of contingent liabilities [line items]
Mining assets								$ 154,715	$ 60,284
SQM Salar | Non-current tax assets
Disclosure of contingent liabilities [line items]
Mining assets								59,500	$ 127,100
Chilean Internal Revenue Service (IRS) | SQM Salar | Pending Litigation Claims
Disclosure of contingent liabilities [line items]
Adjustment to tax expense (income)	$ 1,089,500
Tax Periods 2012 to 2023 | Chilean Internal Revenue Service (IRS) | SQM Salar
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount								$ 986,300
Number of tax claims | tax_claim								7
Tax contingencies, dispute amount, settled								$ 201,300
Tax contingencies, dispute amount, pending								785,000
Tax contingencies, assessed excess tax amount								59,500
Tax contingencies, contested tax								818,000
Interest and associated fines								$ 108,700
Tax Periods 2011 To 2022 | Chilean Internal Revenue Service (IRS) | SQM Salar | Pending Litigation Claims
Disclosure of contingent liabilities [line items]
Adjustment to tax expense (income)	926,700
Tax Period 2023 | Chilean Internal Revenue Service (IRS)
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount			$ 785,000
Tax contingencies, contested tax			691,200
Interest and associated fines			10,900
Tax Period 2023 | Chilean Internal Revenue Service (IRS) | SQM Salar | Pending Litigation Claims
Disclosure of contingent liabilities [line items]
Adjustment to tax expense (income)	$ 162,700
Tax Period 2012 to 2014 | Third tax and customs court
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount							$ 17,800
Tax contingencies, contested tax							11,500
Interest and associated fines							$ 6,300
Tax Period 2015 | Third tax and customs court
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount						$ 3,200
Tax Period 2016 | Third tax and customs court
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount						5,500
Tax Period 2015 to 2016 | Third tax and customs court
Disclosure of contingent liabilities [line items]
Tax contingencies, assessed excess tax amount						1,200
Tax contingencies, contested tax						3,800
Interest and associated fines						$ 500
Tax Period 2017 to 2018 | Third tax and customs court
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount					$ 63,900
Tax contingencies, assessed excess tax amount					17,600
Tax contingencies, contested tax					30,200
Interest and associated fines					$ 16,100
Tax Period 2019 | First Tax And Customs Court
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount				$ 36,700
Tax contingencies, assessed excess tax amount				9,700
Tax contingencies, contested tax				$ 27,000
Tax Periods 2020 And 2021 | First Tax And Customs Court | Entering into significant commitments or contingent liabilities
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount		$ 20,700
Tax contingencies, assessed excess tax amount		5,600
Tax contingencies, contested tax		15,100
Tax Period 2022 | Third tax and customs court | Entering into significant commitments or contingent liabilities
Disclosure of contingent liabilities [line items]
Tax contingencies, dispute amount		53,500
Tax contingencies, assessed excess tax amount		14,400
Tax contingencies, contested tax		36,100
Interest and associated fines		$ 3,000
Tax Period 2024 | Chilean Internal Revenue Service (IRS) | Tax contingent liability
Disclosure of contingent liabilities [line items]
Law suits fines penalties and damages payable			$ 162,700

Gains (losses) from operating_3

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Revenue by Geographic Location (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	913,912	1,172,334	908,815
Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	892,151	754,339	437,931
Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	5,180,114	8,152,939	936,121
Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	279,050	437,180	416,592
Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	175,223	165,200	132,011
Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	27,040	28,586	30,845
Chile
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	169,681	223,148	219,648
Chile | Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	109,669	128,829	136,523
Chile | Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,603	1,523	1,538
Chile | Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,327	1,854	901
Chile | Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	31,356	64,409	50,573
Chile | Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,136	1,199	4,125
Chile | Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	23,590	25,334	25,988
Latin America and the Caribbean
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	210,299	339,941	326,287
Latin America and the Caribbean | Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	76,157	125,712	88,990
Latin America and the Caribbean | Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	21,523	16,328	10,198
Latin America and the Caribbean | Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	7,289	5,275	4,905
Latin America and the Caribbean | Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	93,868	179,621	214,304
Latin America and the Caribbean | Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	10,489	11,820	7,367
Latin America and the Caribbean | Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	973	1,185	523
Europe
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	828,112	932,558	482,765
Europe | Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	128,370	196,930	179,744
Europe | Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	368,696	288,854	173,329
Europe | Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	278,360	390,832	75,674
Europe | Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	30,357	27,275	33,948
Europe | Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	21,054	27,725	18,662
Europe | Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,275	942	1,408
North America
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	783,611	914,187	558,002
North America | Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	411,586	489,327	314,895
North America | Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	122,025	141,683	102,746
North America | Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	134,768	151,152	50,349
North America | Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	67,232	71,711	57,682
North America | Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	47,074	59,402	29,860
North America | Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	926	912	2,470
Asia and Others
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	5,475,787	8,300,744	1,275,613
Asia and Others | Specialty plant nutrition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	188,130	231,536	188,663
Asia and Others | Iodine and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	378,304	305,951	150,120
Asia and Others | Lithium and derivatives
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	4,757,370	7,603,826	804,292
Asia and Others | Potassium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	56,237	94,164	60,085
Asia and Others | Industrial chemicals
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	95,470	65,054	71,997
Asia and Others | Other
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	$ 276	$ 213	$ 456

Gains (losses) from operating_4

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Revenue by Main Products and Service Lines (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Material Income And Expense [Line Items]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Specialty plant nutrition
Material Income And Expense [Line Items]
Revenue	913,912	1,172,334	908,815
Sodium Nitrates
Material Income And Expense [Line Items]
Revenue	25,056	21,294	24,829
Potassium nitrate and sodium potassium nitrate
Material Income And Expense [Line Items]
Revenue	502,349	700,081	539,336
Specialty Blends
Material Income And Expense [Line Items]
Revenue	235,290	285,027	234,369
Other specialty fertilizers
Material Income And Expense [Line Items]
Revenue	151,217	165,932	110,281
Iodine and derivatives
Material Income And Expense [Line Items]
Revenue	892,151	754,339	437,931
Lithium and derivatives
Material Income And Expense [Line Items]
Revenue	5,180,114	8,152,939	936,121
Potassium
Material Income And Expense [Line Items]
Revenue	279,050	437,180	416,592
Industrial chemicals
Material Income And Expense [Line Items]
Revenue	175,223	165,200	132,011
Other
Material Income And Expense [Line Items]
Revenue	$ 27,040	$ 28,586	$ 30,845

Gains (losses) from operating_5

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Cost of Sales by Nature of Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Material Income And Expense [Line Items]
Depreciation of Right-of-use Assets (contracts under IFRS 16)	$ (17,271)	$ (9,206)
Expenses related to variable lease payments (contracts under IFRS 16)	(4,700)	(3,631)	$ (1,313)
Total	(4,392,436)	(4,973,953)	(1,772,208)
Cost of sales
Material Income And Expense [Line Items]
Raw materials and consumables used	(687,116)	(561,709)	(345,356)
Classes of employee benefit expenses	(308,972)	(308,744)	(211,771)
Depreciation expense	(252,746)	(218,714)	(195,678)
Depreciation of Right-of-use Assets (contracts under IFRS 16)	(11,719)	(6,549)	(5,963)
Amortization expense	(12,415)	(16,413)	(9,737)
Investment plan expenses	(25,638)	(18,293)	(15,059)
Provision for materials, spare parts and supplies	(10,065)	(7,099)	(505)
Contractors	(226,180)	(194,295)	(157,571)
Operating leases	(84,423)	(71,420)	(67,106)
Mining patents	(7,560)	(14,585)	(7,325)
Operational transportation	(107,074)	(91,130)	(76,004)
Freight / product transportation costs	(104,664)	(94,727)	(77,353)
Purchase of products from third parties	(422,023)	(473,742)	(329,464)
Insurance	(55,204)	(43,323)	(21,869)
Corfo rights and other agreements	(1,868,850)	(3,272,897)	(247,604)
Export costs	(158,621)	(153,162)	(99,212)
Expenses related to variable lease payments (contracts under IFRS 16)	(4,700)	(3,631)	(1,313)
Variation in gross inventory	20,024	628,671	85,709
Variation in inventory provision	(29,711)	(27,324)	5,038
Other	$ (34,779)	$ (24,867)	$ 5,935

Gains (losses) from operating_6

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Other Income (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Material Income And Expense [Line Items]
Amounts recovered from insurance		$ 0	$ 0	$ 210
Government grants	$ 24,387
Total		40,557	9,854	19,552
Other Incomes
Material Income And Expense [Line Items]
Discounts obtained from suppliers		2,002	1,404	896
Fines charged to suppliers		4,118	593	83
Amounts recovered from insurance		1,242	1,646	1,811
Overestimate of provisions for third-party obligations		1,272	86	293
Sale of assets classified as properties, plant and equipment		11	365	287
Sales of materials, spare parts and supplies		147	246	2,121
Options on mining properties		376	1,126	8,796
Easements, pipelines and roads		5,205	2,106	4,949
Government grants		24,387	0	0
Others		$ 1,797	$ 2,282	$ 316

Gains (losses) from operating_7

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Administrative Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Material Income And Expense [Line Items]
Depreciation of Right-of-use Assets (contracts under IFRS 16)	$ (17,271)	$ (9,206)
Total	(175,765)	(142,644)	$ (118,893)
Administrative Expenses
Material Income And Expense [Line Items]
Classes of employee benefit expenses	(75,450)	(63,713)	(60,552)
Marketing costs	(6,611)	(5,661)	(2,415)
Amortization expense	(444)	(126)	(118)
Entertainment expenses	(6,067)	(5,576)	(4,906)
Advisory services	(32,562)	(27,235)	(17,332)
Lease of buildings and facilities	(4,331)	(3,829)	(3,478)
Insurance	(3,778)	(3,011)	(3,901)
Office expenses	(9,230)	(8,596)	(6,363)
Contractors	(11,067)	(7,283)	(5,106)
Depreciation of Right-of-use Assets (contracts under IFRS 16)	(3,463)	(2,656)	(2,743)
Other expenses	$ (22,762)	$ (14,958)	$ (11,979)

Gains (losses) from operating_8

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Other Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Impairment (losses) /reversals of impairment losses recognized in income for the year
Properties, plant and equipment	$ (47,059)	$ (8,084)
Intangible assets other than goodwill	9	34,857
Other expenses, by nature
Other expenses	(4,661,601)	(5,192,568)	$ (1,951,706)
Other expenses by function	(93,400)	(75,971)	(60,605)
Other Expenses By Function
Impairment (losses) /reversals of impairment losses recognized in income for the year
Properties, plant and equipment	(47,059)	(8,084)	(5,582)
Intangible assets other than goodwill	0	(520)	(478)
Goodwill	(9)	(33,629)	0
Subtotal	(47,068)	(42,233)	(6,060)
Other expenses, by nature
Legal expenses	17,127	(6,841)	(42,254)
VAT and other unrecoverable taxes	(2,683)	(5,694)	(1,015)
Fines paid	(542)	(617)	(882)
Investment plan expenses	(13,255)	(727)	1
Exploration expenses	0	0	(284)
Contributions and donations	(38,756)	(19,096)	(9,037)
Other operating expenses	(8,223)	(763)	(1,074)
Other expenses	$ (46,332)	$ (33,738)	$ (54,545)

Gains (losses) from operating_9

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Other Gains (Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Sale of investments in associates	$ 0	$ 60	$ 0
Adjust previous year application method of participation	(378)	(1)	0
Reversal/Impairment of interests in associates	626	1,349	(2,009)
Sale of investments in joint ventures	(2,599)	0	0
Others	97	(1,291)	(629)
Other losses	$ (2,254)	$ 117	$ (2,638)

Gains (losses) from operatin_10

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - (Impairment) Reversal of Losses of Financial Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Impairment of financial assets and reversal of impairment losses	$ 202	$ 3,369	$ (235)

Gains (losses) from operatin_11

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Summary of Expenses by Nature (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Material Income And Expense [Line Items]
Depreciation expenses		$ (17,271)	$ (9,206)
Impairment of properties, plant and equipment, intangible and Goodwill	$ (34,149)
Operational leases		(2,038)	(1,226)	$ (1,587)
Expenses related to variable lease payments (contracts under IFRS 16)		(4,700)	(3,631)	(1,313)
Total expenses by nature		(4,661,601)	(5,192,568)	(1,951,706)
Other Expenses By Nature
Material Income And Expense [Line Items]
Raw materials and consumables		(687,116)	(561,709)	(345,356)
Employee benefit expenses		(384,422)	(372,457)	(272,323)
Depreciation expense		(252,746)	(218,714)	(195,678)
Depreciation expenses		(15,182)	(9,205)	(8,706)
Impairment of properties, plant and equipment, intangible and Goodwill		(47,068)	(42,233)	(6,060)
Amortization expense		(12,859)	(16,539)	(9,855)
Legal expenses		17,127	(6,841)	(42,254)
Investment plan expenses		(38,893)	(19,020)	(15,058)
Exploration expenses		0	0	(284)
Provision for materials, spare parts and supplies		(10,065)	(7,099)	(505)
Contractors		(237,247)	(201,578)	(162,677)
Operational leases		(88,754)	(75,249)	(70,584)
Mining patents		(7,560)	(14,585)	(7,325)
Operational transportation		(107,074)	(91,130)	(76,004)
Freight and product transportation costs		(104,664)	(94,727)	(77,353)
Purchase of products from third parties		(422,023)	(473,742)	(329,464)
Corfo rights and other agreements		(1,868,850)	(3,272,897)	(247,604)
Export costs		(158,621)	(153,162)	(99,212)
Expenses related to variable lease payments (contracts under IFRS 16)		(4,700)	(3,631)	(1,313)
Insurance		(58,982)	(46,334)	(25,770)
Consultant and advisor services		(32,562)	(27,235)	(17,332)
Variation in gross inventory		20,024	628,671	85,709
Variation in inventory provision		(29,711)	(27,324)	5,038
Other expenses		$ (129,653)	$ (85,828)	$ (31,736)

Gains (losses) from operatin_12

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Finance Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Interest expense from bank borrowings and overdrafts	$ (3,890)	$ (3,065)	$ (2,664)
Interest expense from bonds	(106,871)	(108,387)	(90,859)
Interest expense from loans	(55,926)	(2,098)	(1,135)
Reversal of capitalized interest expenses	43,331	24,708	14,206
Financial expenses for restoration and rehabilitation provisions	2,368	9,357	(1,259)
Interest on lease agreement	(2,038)	(1,226)	(1,587)
Other finance costs	(15,376)	(5,940)	(1,328)
Total	$ (138,402)	$ (86,651)	$ (84,626)

Gains (losses) from operatin_13

Gains (losses) from operating activities in the statement of income of expenses, included according to their nature - Finance Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gains (Losses) From Operating Activities In The Statement Of Income Of Expenses, Included According To Their Nature
Interest from term deposits	$ 81,981	$ 31,122	$ 3,635
Interest from marketable securities	31,920	10,252	68
Interest from maintenance of minimum bank balance in current account	12	6	2
Other finance income	4,614	3,318	107
Other finance interests	4,199	2,340	856
Total	$ 122,726	$ 47,038	$ 4,668

Reportable segments - Operating

Reportable segments - Operating Segment Items (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Cost of sales	(4,392,436)	(4,973,953)	(1,772,208)
Administrative expenses	(175,765)	(142,644)	(118,893)
Finance expense	(138,402)	(86,651)	(84,626)
Depreciation and amortization expense	(280,787)	(244,458)	(214,239)
Interest in the income of associates and joint ventures accounted for by the equity method	593	20,159	11,132
Income before taxes	2,807,018	5,486,496	841,221
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Net income	930,267	3,914,284	592,205
Assets	10,778,837	10,819,101	7,180,201
Investment accounted for under the equity method	86,417	54,386	39,824
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	2,785,385	1,757,581	152,663
Other Liabilities	6,301,408	5,887,100	3,964,230
Impairment loss of financial assets recognized in income	202	3,369	(235)
Impairment loss of non-financial assets recognized in income	(47,068)	(42,233)	(6,060)
Cash flows from (used in) operating activities	(196,639)	4,077,595	822,520
Cash flows used in investing activities	(1,481,493)	(909,401)	(1,006,943)
Cash flows from (used in) financing activities	66,261	(2,002,969)	1,206,485
Operating segments
Disclosure of operating segments [line items]
Revenue	7,467,490	10,710,578	2,862,315
Cost of sales	(4,392,436)	(4,973,953)	(1,772,208)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(280,787)	(244,458)	(214,239)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	3,075,054	5,736,625	1,090,107
Income tax expense	0	0	0
Net income	3,075,054	5,736,625	1,090,107
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income	0	0	0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Unallocated amounts
Disclosure of operating segments [line items]
Revenue	0	0	0
Cost of sales	0	0	0
Administrative expenses	(175,765)	(142,644)	(118,893)
Finance expense	(138,402)	(86,651)	(84,626)
Depreciation and amortization expense	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	593	20,159	11,132
Income before taxes	(268,036)	(250,129)	(248,886)
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Net income	(2,144,787)	(1,822,341)	(497,902)
Assets	10,778,837	10,819,101	7,180,201
Investment accounted for under the equity method	86,417	54,386	39,824
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	2,785,385	1,757,581	152,663
Other Liabilities	6,301,408	5,887,100	3,964,230
Impairment loss of financial assets recognized in income	202	3,369	(235)
Impairment loss of non-financial assets recognized in income	(47,068)	(42,233)	(6,060)
Cash flows from (used in) operating activities	(196,639)	4,077,595	822,520
Cash flows used in investing activities	(1,481,493)	(909,401)	(1,006,943)
Cash flows from (used in) financing activities	66,261	(2,002,969)	1,206,485
Specialty plant nutrients
Disclosure of operating segments [line items]
Revenue	913,912	1,172,334	908,815
Cost of sales	(691,509)	(722,261)	(646,930)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(70,342)	(63,321)	(58,808)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	222,403	450,073	261,885
Income tax expense	0	0	0
Net income	222,403	450,073	261,885
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Iodine and its derivatives
Disclosure of operating segments [line items]
Revenue	892,151	754,339	437,931
Cost of sales	(355,717)	(282,100)	(240,341)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(53,140)	(53,734)	(41,215)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	536,434	472,239	197,590
Income tax expense	0	0	0
Net income	536,434	472,239	197,590
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Lithium and its derivatives
Disclosure of operating segments [line items]
Revenue	5,180,114	8,152,939	936,121
Cost of sales	(2,955,669)	(3,636,852)	(494,794)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(124,010)	(88,510)	(65,014)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	2,224,445	4,516,087	441,327
Income tax expense	0	0	0
Net income	2,224,445	4,516,087	441,327
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Industrial chemicals
Disclosure of operating segments [line items]
Revenue	175,223	165,200	132,011
Cost of sales	(141,351)	(112,247)	(109,067)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(15,232)	(14,724)	(13,743)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	33,872	52,953	22,944
Income tax expense	0	0	0
Net income	33,872	52,953	22,944
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Potassium
Disclosure of operating segments [line items]
Revenue	279,050	437,180	416,592
Cost of sales	(219,597)	(193,581)	(253,125)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(18,006)	(24,043)	(35,290)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	59,453	243,599	163,467
Income tax expense	0	0	0
Net income	59,453	243,599	163,467
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Other products and services
Disclosure of operating segments [line items]
Revenue	27,040	28,586	30,845
Cost of sales	(28,593)	(26,912)	(27,951)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(57)	(126)	(169)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	(1,553)	1,674	2,894
Income tax expense	0	0	0
Net income	(1,553)	1,674	2,894
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income			0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Reportable segments
Disclosure of operating segments [line items]
Revenue	7,467,490	10,710,578	2,862,315
Cost of sales	(4,392,436)	(4,973,953)	(1,772,208)
Administrative expenses	0	0	0
Finance expense	0	0	0
Depreciation and amortization expense	(280,787)	(244,458)	(214,239)
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Income before taxes	3,075,054	5,736,625	1,090,107
Income tax expense	0	0	0
Net income	3,075,054	5,736,625	1,090,107
Assets	0	0	0
Investment accounted for under the equity method	0	0	0
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts	0	0	0
Other Liabilities	0	0	0
Impairment loss of financial assets recognized in income	0	0	0
Impairment loss of non-financial assets recognized in income	0	0	0
Cash flows from (used in) operating activities	0	0	0
Cash flows used in investing activities	0	0	0
Cash flows from (used in) financing activities	0	0	0
Parent
Disclosure of operating segments [line items]
Revenue	7,467,490		2,862,315
Assets	8,824,362	8,430,376
Other Liabilities	4,383,163	3,533,744
Parent | Operating segments
Disclosure of operating segments [line items]
Revenue	7,467,490	10,710,578	2,862,315
Parent | Unallocated amounts
Disclosure of operating segments [line items]
Revenue	0	0	0
Parent | Specialty plant nutrients
Disclosure of operating segments [line items]
Revenue	913,912	1,172,334	908,815
Parent | Iodine and its derivatives
Disclosure of operating segments [line items]
Revenue	892,151	754,339	437,931
Parent | Lithium and its derivatives
Disclosure of operating segments [line items]
Revenue	5,180,114	8,152,939	936,121
Parent | Industrial chemicals
Disclosure of operating segments [line items]
Revenue	175,223	165,200	132,011
Parent | Potassium
Disclosure of operating segments [line items]
Revenue	279,050	437,180	416,592
Parent | Other products and services
Disclosure of operating segments [line items]
Revenue	27,040	28,586	30,845
Parent | Reportable segments
Disclosure of operating segments [line items]
Revenue	7,467,490	10,710,578	2,862,315
Other Operating Segment
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Operating segments
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Unallocated amounts
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Specialty plant nutrients
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Iodine and its derivatives
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Lithium and its derivatives
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Industrial chemicals
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Potassium
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Other products and services
Disclosure of operating segments [line items]
Revenue	0	0	0
Other Operating Segment | Reportable segments
Disclosure of operating segments [line items]
Revenue	$ 0	$ 0	$ 0

Reportable segments - Comprehen

Reportable segments - Comprehensive Income by Reportable Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Cost of sales	(4,392,436)	(4,973,953)	(1,772,208)
Gross profit	3,075,054	5,736,625	1,090,107
Other incomes by function	40,557	9,854	19,552
Administrative expenses	(175,765)	(142,644)	(118,893)
Other expenses by function	(93,400)	(75,971)	(60,605)
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	202	3,369	(235)
Other losses	(2,254)	117	(2,638)
Financial income	122,726	47,038	4,668
Finance costs	(138,402)	(86,651)	(84,626)
Interest in the income of associates and joint ventures accounted for by the equity method	593	20,159	11,132
Exchange differences	(22,293)	(25,400)	(17,241)
Income before taxes	2,807,018	5,486,496	841,221
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Net income	930,267	3,914,284	592,205
Specialty plant nutrients
Disclosure of operating segments [line items]
Revenue	913,912	1,172,334	908,815
Cost of sales	(691,509)	(722,261)	(646,930)
Gross profit	222,403	450,073	261,885
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	222,403	450,073	261,885
Income tax expense	0	0	0
Net income	222,403	450,073	261,885
Iodine and its derivatives
Disclosure of operating segments [line items]
Revenue	892,151	754,339	437,931
Cost of sales	(355,717)	(282,100)	(240,341)
Gross profit	536,434	472,239	197,590
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	536,434	472,239	197,590
Income tax expense	0	0	0
Net income	536,434	472,239	197,590
Lithium and its derivatives
Disclosure of operating segments [line items]
Revenue	5,180,114	8,152,939	936,121
Cost of sales	(2,955,669)	(3,636,852)	(494,794)
Gross profit	2,224,445	4,516,087	441,327
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	2,224,445	4,516,087	441,327
Income tax expense	0	0	0
Net income	2,224,445	4,516,087	441,327
Industrial chemicals
Disclosure of operating segments [line items]
Revenue	175,223	165,200	132,011
Cost of sales	(141,351)	(112,247)	(109,067)
Gross profit	33,872	52,953	22,944
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	33,872	52,953	22,944
Income tax expense	0	0	0
Net income	33,872	52,953	22,944
Potassium
Disclosure of operating segments [line items]
Revenue	279,050	437,180	416,592
Cost of sales	(219,597)	(193,581)	(253,125)
Gross profit	59,453	243,599	163,467
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	59,453	243,599	163,467
Income tax expense	0	0	0
Net income	59,453	243,599	163,467
Other products and services
Disclosure of operating segments [line items]
Revenue	27,040	28,586	30,845
Cost of sales	(28,593)	(26,912)	(27,951)
Gross profit	(1,553)	1,674	2,894
Other incomes by function	0	0	0
Administrative expenses	0	0	0
Other expenses by function	0	0	0
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	0	0	0
Other losses	0	0	0
Financial income	0	0	0
Finance costs	0	0	0
Interest in the income of associates and joint ventures accounted for by the equity method	0	0	0
Exchange differences	0	0	0
Income before taxes	(1,553)	1,674	2,894
Income tax expense	0	0	0
Net income	(1,553)	1,674	2,894
Corporate Unit
Disclosure of operating segments [line items]
Revenue	0	0	0
Cost of sales	0	0	0
Gross profit	0	0	0
Other incomes by function	40,557	9,854	19,552
Administrative expenses	(175,765)	(142,644)	(118,893)
Other expenses by function	(93,400)	(75,971)	(60,605)
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9	202	3,369	(235)
Other losses	(2,254)	117	(2,638)
Financial income	122,726	47,038	4,668
Finance costs	(138,402)	(86,651)	(84,626)
Interest in the income of associates and joint ventures accounted for by the equity method	593	20,159	11,132
Exchange differences	(22,293)	(25,400)	(17,241)
Income before taxes	(268,036)	(250,129)	(248,886)
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Net income	$ (2,144,787)	$ (1,822,341)	$ (497,902)

Reportable segments - Segments

Reportable segments - Segments by Geographical Areas (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Revenue	$ 7,467,490	$ 10,710,578	$ 2,862,315
Non-current assets at December 31, 2023
Investment accounted for under the equity method	86,417	54,386	39,824
Intangible assets other than goodwill	155,874	166,336	179,658
Goodwill	958	967	34,596
Property, plant and equipment, net	3,609,937	2,726,838	2,012,225
Right-of-use assets	73,193	60,867	52,608
Other non-current assets	373,700	52,396	33,487
Non-current assets	4,300,079	3,061,790	2,352,398
Chile
Disclosure of operating segments [line items]
Revenue	169,681	223,148	219,648
Non-current assets at December 31, 2023
Investment accounted for under the equity method	0	0	0
Intangible assets other than goodwill	67,671	75,666	89,019
Goodwill	0	0	22,979
Property, plant and equipment, net	2,888,778	2,269,923	1,815,997
Right-of-use assets	32,359	32,312	29,803
Other non-current assets	60,363	46,640	27,626
Non-current assets	3,049,171	2,424,541	1,985,424
Latin America and the Caribbean
Disclosure of operating segments [line items]
Revenue	210,299	339,940	326,287
Non-current assets at December 31, 2023
Investment accounted for under the equity method	22,490	20,792	8,683
Intangible assets other than goodwill	360	428	496
Goodwill	86	86	86
Property, plant and equipment, net	776	743	671
Right-of-use assets	19	47	68
Other non-current assets	18	17	16
Non-current assets	23,749	22,113	10,020
Europe
Disclosure of operating segments [line items]
Revenue	828,112	932,558	482,765
Non-current assets at December 31, 2023
Investment accounted for under the equity method	42,726	15,939	15,242
Intangible assets other than goodwill	6,440	6,497	6,996
Goodwill	148	158	11,531
Property, plant and equipment, net	14,485	14,978	11,380
Right-of-use assets	3,716	1,651	2,040
Other non-current assets	0	6	6
Non-current assets	67,515	39,229	47,195
North America
Disclosure of operating segments [line items]
Revenue	783,611	914,187	558,002
Non-current assets at December 31, 2023
Investment accounted for under the equity method	17,657	17,655	15,899
Intangible assets other than goodwill	876	1,345	1,809
Goodwill	724	723	0
Property, plant and equipment, net	6,322	4,506	3,704
Right-of-use assets	8,619	2,739	3,351
Other non-current assets	5,099	4,706	3,950
Non-current assets	39,297	31,674	28,713
Asia and others
Disclosure of operating segments [line items]
Revenue	5,475,787	8,300,745	1,275,613
Non-current assets at December 31, 2023
Investment accounted for under the equity method	3,544	0	0
Intangible assets other than goodwill	80,527	82,400	81,338
Goodwill	0	0	0
Property, plant and equipment, net	699,576	436,688	180,473
Right-of-use assets	28,480	24,118	17,346
Other non-current assets	308,220	1,027	1,889
Non-current assets	$ 1,120,347	$ 544,233	$ 281,046

Effect of fluctuations in for_3

Effect of fluctuations in foreign currency exchange rates - (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in equity [abstract]
Reserve for currency exchange conversion	$ (4,921)	$ (8,042)	$ (7,913)
Comercial Hydro S.A.
Changes in equity [abstract]
Reserve for currency exchange conversion	1,004	1,004	1,004
SQMC Internacional Ltda.
Changes in equity [abstract]
Reserve for currency exchange conversion	(9)	(9)	(9)
Proinsa Ltda.
Changes in equity [abstract]
Reserve for currency exchange conversion	(10)	(10)	(10)
Comercial Agrorama Ltda.
Changes in equity [abstract]
Reserve for currency exchange conversion	188	175	155
Isapre Norte Grande Ltda.
Changes in equity [abstract]
Reserve for currency exchange conversion	(147)	(130)	(121)
Almacenes y Depósitos Ltda.
Changes in equity [abstract]
Reserve for currency exchange conversion	662	568	305
Sacal S.A.
Changes in equity [abstract]
Reserve for currency exchange conversion	(3)	(3)	(3)
Sociedad Prestadora De Servicios De Salud Cruz Del Norte S.A.
Changes in equity [abstract]
Reserve for currency exchange conversion	(41)	(38)	(36)
Agrorama S.A.
Changes in equity [abstract]
Reserve for currency exchange conversion	730	666	628
SQM Vitas Fzco
Changes in equity [abstract]
Reserve for currency exchange conversion	(1,164)	(3,614)	(4,165)
Ajay Europe
Changes in equity [abstract]
Reserve for currency exchange conversion	(1,529)	(1,911)	(1,413)
SQM Oceanía Pty Ltd.
Changes in equity [abstract]
Reserve for currency exchange conversion	(579)	(579)	(579)
SQM Indonesia S.A.
Changes in equity [abstract]
Reserve for currency exchange conversion	(124)	(124)	(124)
Abu Dhabi Fertillizers Industries WWL.
Changes in equity [abstract]
Reserve for currency exchange conversion	0	0	372
SQM Holland B.V.
Changes in equity [abstract]
Reserve for currency exchange conversion	99	99	99
SQM Thailand Limited
Changes in equity [abstract]
Reserve for currency exchange conversion	(68)	(68)	(68)
SQM Europe
Changes in equity [abstract]
Reserve for currency exchange conversion	(1,983)	(1,983)	(1,983)
SQM Australia Pty Ltd
Changes in equity [abstract]
Reserve for currency exchange conversion	(1,643)	(1,642)	(1,732)
Pavoni & C. Spa
Changes in equity [abstract]
Reserve for currency exchange conversion	(224)	(363)	(153)
SQM Colombia S.A.S.
Changes in equity [abstract]
Reserve for currency exchange conversion	$ (80)	$ (80)	$ (80)

Disclosures on the effects of_3

Disclosures on the effects of fluctuations in foreign currency exchange rates - Assets Subject to Fluctuations in Exchange Rates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 10,778,837	$ 10,819,101
Current Assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	5,866,141	6,991,509
Current Assets | Cash and cash equivalents
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 1,041,369	2,655,236
Current Assets | Cash and cash equivalents | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 855,001	1,637,507
Current Assets | Cash and cash equivalents | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 3,425	806,106
Current Assets | Cash and cash equivalents | CNY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Assets held in foreign currency	$ 31,362	92,394
Current Assets | Cash and cash equivalents | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 11,183	14,963
Current Assets | Cash and cash equivalents | GBP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	GBP
Assets held in foreign currency	$ 26	1
Current Assets | Cash and cash equivalents | AUD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Assets held in foreign currency	$ 108,883	89,602
Current Assets | Cash and cash equivalents | MXN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Assets held in foreign currency	$ 649	1,406
Current Assets | Cash and cash equivalents | AED
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AED
Assets held in foreign currency	$ 6	2
Current Assets | Cash and cash equivalents | JPY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Assets held in foreign currency	$ 899	686
Current Assets | Cash and cash equivalents | NOK
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	NOK
Assets held in foreign currency	$ 8	0
Current Assets | Cash and cash equivalents | ZAR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Assets held in foreign currency	$ 10,559	11,647
Current Assets | Cash and cash equivalents | KRW
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Assets held in foreign currency	$ 19,364	918
Current Assets | Cash and cash equivalents | IDR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	IDR
Assets held in foreign currency	$ 3	3
Current Assets | Cash and cash equivalents | PLN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	PLN
Assets held in foreign currency	$ 1	1
Current Assets | Other current financial assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 1,325,843	961,355
Current Assets | Other current financial assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 879,612	722,165
Current Assets | Other current financial assets | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 446,221	239,151
Current Assets | Other current financial assets | BRL
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	BRL
Assets held in foreign currency	$ 10	39
Current Assets | Other current non-financial assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 136,750	196,335
Current Assets | Other current non-financial assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 22,092	35,237
Current Assets | Other current non-financial assets | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 85,079	85,608
Current Assets | Other current non-financial assets | CNY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Assets held in foreign currency	$ 529	56,404
Current Assets | Other current non-financial assets | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 1,304	1,046
Current Assets | Other current non-financial assets | AUD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Assets held in foreign currency	$ 4,870	9,516
Current Assets | Other current non-financial assets | MXN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Assets held in foreign currency	$ 2,014	4,685
Current Assets | Other current non-financial assets | JPY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Assets held in foreign currency	$ 2,267	158
Current Assets | Other current non-financial assets | ZAR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Assets held in foreign currency	$ 41	3,203
Current Assets | Other current non-financial assets | KRW
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Assets held in foreign currency	$ 18,031	0
Current Assets | Other current non-financial assets | CLF
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Assets held in foreign currency	$ 227	259
Current Assets | Other current non-financial assets | COP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	COP
Assets held in foreign currency	$ 294	217
Current Assets | Other current non-financial assets | THB
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	THB
Assets held in foreign currency	$ 2	2
Current Assets | Trade and other receivables
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 907,181	1,087,420
Current Assets | Trade and other receivables | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 516,261	788,596
Current Assets | Trade and other receivables | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 61,146	58,412
Current Assets | Trade and other receivables | CNY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Assets held in foreign currency	$ 282,117	161,492
Current Assets | Trade and other receivables | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 25,542	36,318
Current Assets | Trade and other receivables | GBP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	GBP
Assets held in foreign currency	$ 147	76
Current Assets | Trade and other receivables | AUD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Assets held in foreign currency	$ 2,598	1,708
Current Assets | Trade and other receivables | MXN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Assets held in foreign currency	$ 670	889
Current Assets | Trade and other receivables | AED
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AED
Assets held in foreign currency	$ 1,467	3,116
Current Assets | Trade and other receivables | JPY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Assets held in foreign currency	$ 382	129
Current Assets | Trade and other receivables | ZAR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Assets held in foreign currency	$ 12,295	33,361
Current Assets | Trade and other receivables | KRW
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Assets held in foreign currency	$ 8	0
Current Assets | Trade and other receivables | BRL
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	BRL
Assets held in foreign currency	$ 8	22
Current Assets | Trade and other receivables | COP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	COP
Assets held in foreign currency	$ 3,210	2,751
Current Assets | Trade and other receivables | CLF
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Assets held in foreign currency	$ 1,330	550
Current Assets | Receivables from related parties
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 43,253	81,622
Current Assets | Receivables from related parties | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 40,236	79,331
Current Assets | Receivables from related parties | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 3,017	1,250
Current Assets | Receivables from related parties | AUD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Assets held in foreign currency	$ 0	1,041
Current Assets | Current inventories
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 1,774,594	1,784,281
Current Assets | Current inventories | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 1,774,594	1,784,281
Current Assets | Current tax assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 637,033	224,914
Current Assets | Current tax assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 611,841	127,068
Current Assets | Current tax assets | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 3,637	2,125
Current Assets | Current tax assets | CNY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Assets held in foreign currency	$ 0	77,397
Current Assets | Current tax assets | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 13,556	14,042
Current Assets | Current tax assets | MXN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Assets held in foreign currency	$ 5,216	59
Current Assets | Current tax assets | JPY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Assets held in foreign currency	$ 11	0
Current Assets | Current tax assets | ZAR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Assets held in foreign currency	$ 29	28
Current Assets | Current tax assets | KRW
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Assets held in foreign currency	$ 0	2,713
Current Assets | Current tax assets | BRL
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	BRL
Assets held in foreign currency	$ 2	1
Current Assets | Current tax assets | COP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	COP
Assets held in foreign currency	$ 2,741	1,481
Current Assets | Non-current assets or groups of assets classified as held for sale
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 118	346
Current Assets | Non-current assets or groups of assets classified as held for sale | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 118	346
Non-Current Assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	4,912,696	3,827,592
Non-Current Assets | Other non-current financial assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 248,281	32,126
Non-Current Assets | Other non-current financial assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 248,281	32,126
Non-Current Assets | Other non-current non-financial assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 373,700	52,396
Non-Current Assets | Other non-current non-financial assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 65,616	52,396
Non-Current Assets | Other non-current non-financial assets | CNY
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Assets held in foreign currency	$ 308,084	0
Non-Current Assets | Other receivables, non-current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 2,559	2,091
Non-Current Assets | Other receivables, non-current | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 705	713
Non-Current Assets | Other receivables, non-current | CLP
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Assets held in foreign currency	$ 999	1,213
Non-Current Assets | Other receivables, non-current | MXN
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Assets held in foreign currency	$ 179	88
Non-Current Assets | Other receivables, non-current | KRW
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Assets held in foreign currency	$ 667	0
Non-Current Assets | Other receivables, non-current | CLF
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Assets held in foreign currency	$ 9	77
Non-Current Assets | Investments classified using the equity method of accounting
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 86,417	54,386
Non-Current Assets | Investments classified using the equity method of accounting | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 76,532	22,959
Non-Current Assets | Investments classified using the equity method of accounting | EUR
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Assets held in foreign currency	$ 7,107	11,830
Non-Current Assets | Investments classified using the equity method of accounting | AED
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AED
Assets held in foreign currency	$ 2,778	19,597
Non-Current Assets | Intangible assets other than goodwill
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 155,874	166,336
Non-Current Assets | Intangible assets other than goodwill | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 155,874	166,336
Non-Current Assets | Purchases goodwill, gross
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 958	967
Non-Current Assets | Purchases goodwill, gross | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 958	967
Non-Current Assets | Property, plant and equipment
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 3,609,937	2,726,838
Non-Current Assets | Property, plant and equipment | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 3,609,937	2,726,838
Non-Current Assets | Right-of-use assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 73,193	60,867
Non-Current Assets | Right-of-use assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 73,193	60,867
Non-Current Assets | Non-current tax assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 59,541	127,114
Non-Current Assets | Non-current tax assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 59,541	127,114
Non-Current Assets | Deferred tax assets
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Assets held in foreign currency	$ 302,236	604,471
Non-Current Assets | Deferred tax assets | USD
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Assets held in foreign currency	$ 302,236	$ 604,471

Disclosures on the effects of_4

Disclosures on the effects of fluctuations in foreign currency exchange rates - Liabilities Subject to Fluctuations in Exchange Rates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 6,301,408	$ 5,887,100
Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,513,876	3,051,547
Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	1,904,430	2,249,142
Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	609,446	802,405
Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	3,787,532	2,835,553
Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	303,372	34,866
Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	648,216	504,560
Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	99,685	249,531
Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	34,936	62,219
Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,701,323	1,984,377
Other current financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	1,256,499	522,999
Other current financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	793,505	140,746
Other current financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	462,994	382,253
Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	18,192	12,149
Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	18,192	12,149
Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	449,633	374,789
Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	435,865	374,115
Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	13,768	674
Trade payables due to related parties | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,346	0
Trade payables due to related parties | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,346	0
Trade payables due to related parties | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Other current provisions | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	392,322	1,303,146
Other current provisions | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	385,529	1,300,878
Other current provisions | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	6,793	2,268
Current tax liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies		356,611
Current tax liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	162,743	0
Current tax liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	20,890	356,611
Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	183,633
Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	23,946	35,376
Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	23,946	26,745
Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	8,631
Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	187,305	446,477
Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	100,496	406,658
Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	86,809	39,819
Other non-current financial liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	3,213,422	2,394,218
Other non-current financial liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	249,963	0
Other non-current financial liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	195,833	197,521
Other non-current financial liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	99,685	249,531
Other non-current financial liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Other non-current financial liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,667,941	1,947,166
Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	56,966	49,585
Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	22,030	13,566
Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	34,936	36,019
Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Non-current Trade and other payables | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Other non-current provisions | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	60,450	58,053
Other non-current provisions | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Other non-current provisions | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	27,599	3,648
Other non-current provisions | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Other non-current provisions | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	26,200
Other non-current provisions | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	32,851	28,205
Deferred tax liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	394,688	289,825
Deferred tax liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Deferred tax liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	394,688	289,825
Deferred tax liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Deferred tax liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Deferred tax liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	62,006	43,872
Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	53,409	34,866
Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	8,066	0
Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 531	9,006
USD | Other current financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 1,235,970	502,574
USD | Other current financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	773,314	120,652
USD | Other current financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 462,656	381,922
USD | Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 9,293	6,549
USD | Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 9,293	6,549
USD | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 94,353	121,370
USD | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	87,043	121,260
USD | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 7,310	110
USD | Other current provisions | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 391,765	1,302,929
USD | Other current provisions | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	384,972	1,300,878
USD | Other current provisions | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 6,793	2,051
USD | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 172,548	348,658
USD | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	162,743	0
USD | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 9,805	348,658
USD | Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 21,575	34,498
USD | Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	21,575	25,867
USD | Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	8,631
USD | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD
Liabilities held in foreign currencies	$ 118,151	393,499
USD | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	57,114	393,401
USD | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 61,037	$ 98
USD | Other non-current financial liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 2,816,807	$ 1,991,706
USD | Other non-current financial liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	249,963	0
USD | Other non-current financial liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	195,833	197,521
USD | Other non-current financial liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	99,685	249,531
USD | Other non-current financial liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Other non-current financial liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 2,271,326	$ 1,544,654
USD | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 17,902	$ 36,066
USD | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	13,059	13,566
USD | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	4,843	22,500
USD | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
USD | Non-current Trade and other payables | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 0	$ 0
USD | Non-current Trade and other payables | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current Trade and other payables | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current Trade and other payables | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current Trade and other payables | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Non-current Trade and other payables | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
USD | Other non-current provisions | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 60,450	$ 58,053
USD | Other non-current provisions | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Other non-current provisions | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	27,599	3,648
USD | Other non-current provisions | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Other non-current provisions | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	26,200
USD | Other non-current provisions | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 32,851	$ 28,205
USD | Deferred tax liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 394,688	$ 289,825
USD | Deferred tax liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Deferred tax liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	394,688	289,825
USD | Deferred tax liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Deferred tax liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Deferred tax liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
USD | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	USD	USD
Liabilities held in foreign currencies	$ 18,514	$ 43,332
USD | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	10,008	34,326
USD | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	8,066	0
USD | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
USD | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 440	9,006
CLF | Other current financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Liabilities held in foreign currencies	$ 20,529	20,425
CLF | Other current financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	20,191	20,094
CLF | Other current financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 338	331
CLF | Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Liabilities held in foreign currencies	$ 2,284	2,331
CLF | Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 2,284	2,331
CLF | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF
Liabilities held in foreign currencies	$ 3,614	2,618
CLF | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	3,614	2,618
CLF | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
CLF | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF	CLF
Liabilities held in foreign currencies	$ 8,971	$ 10,982
CLF | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	8,971	0
CLF | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	10,982
CLF | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
MXN | Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 3,573	436
MXN | Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
MXN | Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 3,573	436
MXN | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 1,499	802
MXN | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	1,499	802
MXN | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
MXN | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 0	5,568
MXN | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
MXN | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	5,568
MXN | Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 202	103
MXN | Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	202	103
MXN | Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
MXN | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 982	739
MXN | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	966	725
MXN | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 16	$ 14
MXN | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN	MXN
Liabilities held in foreign currencies	$ 4,235	$ 1,094
MXN | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
MXN | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
MXN | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
MXN | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	4,235	1,094
MXN | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
MXN | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	MXN
Liabilities held in foreign currencies	$ 314
MXN | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	314
MXN | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
MXN | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
MXN | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
MXN | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0
EUR | Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 438	387
EUR | Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
EUR | Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 438	387
EUR | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 59,282	56,682
EUR | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	52,883	56,118
EUR | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 6,399	564
EUR | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 4,850	1,386
EUR | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
EUR | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 4,850	1,386
EUR | Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 560	385
EUR | Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	560	385
EUR | Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
EUR | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 1,638	1,814
EUR | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	669	1,564
EUR | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 969	$ 250
EUR | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR	EUR
Liabilities held in foreign currencies	$ 3,315	$ 1,420
EUR | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
EUR | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
EUR | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
EUR | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	3,315	1,420
EUR | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
EUR | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	EUR
Liabilities held in foreign currencies	$ 56
EUR | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	56
EUR | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
EUR | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
EUR | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
EUR | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0
AUD | Lease liabilities, current | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 2,604	2,446
AUD | Lease liabilities, current | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
AUD | Lease liabilities, current | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 2,604	2,446
AUD | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 32,446	24,394
AUD | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	32,439	24,394
AUD | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 7	0
AUD | Trade payables due to related parties | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 2,346	0
AUD | Trade payables due to related parties | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2,346	0
AUD | Trade payables due to related parties | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
AUD | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 169	0
AUD | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
AUD | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 169	0
AUD | Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 492	390
AUD | Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	492	390
AUD | Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
AUD | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 22,522
AUD | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	22,522
AUD | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0
AUD | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AUD
Liabilities held in foreign currencies	$ 91
AUD | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
AUD | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 91
BRL | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	BRL
Liabilities held in foreign currencies	$ 12	10
BRL | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	12	10
BRL | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
BRL | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	BRL
Liabilities held in foreign currencies	$ 17	1
BRL | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	17	1
BRL | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
THB | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	THB
Liabilities held in foreign currencies	$ 4	4
THB | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	4	4
THB | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
CLP | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Liabilities held in foreign currencies	$ 228,042	162,470
CLP | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	227,990	162,470
CLP | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 52	0
CLP | Other current provisions | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Liabilities held in foreign currencies	$ 332	217
CLP | Other current provisions | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	332	0
CLP | Other current provisions | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	217
CLP | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Liabilities held in foreign currencies	$ 513	999
CLP | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 513	999
CLP | Provisions for employee benefits, current
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Liabilities held in foreign currencies	$ 1,117	0
CLP | Provisions for employee benefits, current | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	1,117	0
CLP | Provisions for employee benefits, current | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
CLP | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP
Liabilities held in foreign currencies	$ 57,567	47,737
CLP | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	32,780	8,281
CLP | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 24,787	$ 39,456
CLP | Non-current lease liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP	CLP
Liabilities held in foreign currencies	$ 21	$ 23
CLP | Non-current lease liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Non-current lease liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Non-current lease liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Non-current lease liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	21	23
CLP | Non-current lease liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
CLP | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLP	CLP
Liabilities held in foreign currencies	$ 42,813	$ 540
CLP | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	42,813	540
CLP | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLP | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
CNY | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Liabilities held in foreign currencies	$ 28,562	4,757
CNY | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	28,562	4,757
CNY | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
CNY | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Liabilities held in foreign currencies	$ 356	0
CNY | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CNY | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 356	0
CNY | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CNY
Liabilities held in foreign currencies	$ 134	92
CNY | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	134	92
CNY | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
GBP | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	GBP
Liabilities held in foreign currencies	$ 18	18
GBP | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	18	18
GBP | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
ZAR | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Liabilities held in foreign currencies	$ 984	1,256
ZAR | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	984	1,256
ZAR | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
ZAR | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ZAR
Liabilities held in foreign currencies	$ 550	1
ZAR | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	550	0
ZAR | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	1
AED | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	AED
Liabilities held in foreign currencies	$ 0	72
AED | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	72
AED | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
JPY | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Liabilities held in foreign currencies	$ 0	0
JPY | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
JPY | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
JPY | Other current provisions | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Liabilities held in foreign currencies	$ 225	0
JPY | Other current provisions | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	225	0
JPY | Other current provisions | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
JPY | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Liabilities held in foreign currencies	$ 49	47
JPY | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	49	47
JPY | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
JPY | Provisions for employee benefits, non-current | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	JPY
Liabilities held in foreign currencies	$ 218
JPY | Provisions for employee benefits, non-current | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	218
JPY | Provisions for employee benefits, non-current | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
JPY | Provisions for employee benefits, non-current | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
JPY | Provisions for employee benefits, non-current | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0
JPY | Provisions for employee benefits, non-current | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0
CHF | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CHF
Liabilities held in foreign currencies	$ 21	32
CHF | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	21	32
CHF | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
COP | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	COP
Liabilities held in foreign currencies	$ 302	115
COP | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	302	115
COP | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
COP | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	COP
Liabilities held in foreign currencies	$ 202	250
COP | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	202	250
COP | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
CAD | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CAD
Liabilities held in foreign currencies		0
CAD | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	2	0
CAD | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies		0
KRW | Trade and other payables | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Liabilities held in foreign currencies	$ 492	189
KRW | Trade and other payables | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	492	189
KRW | Trade and other payables | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
KRW | Current tax liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Liabilities held in foreign currencies	$ 5,197	0
KRW | Current tax liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
KRW | Current tax liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 5,197	0
KRW | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	KRW
Liabilities held in foreign currencies	$ 8,015	2,271
KRW | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	8,015	2,271
KRW | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
PEN | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	PEN
Liabilities held in foreign currencies	$ 0	0
PEN | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
PEN | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	0
ARS | Other current non-financial liabilities | Current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	ARS
Liabilities held in foreign currencies	$ 0	26
ARS | Other current non-financial liabilities | Current liabilities | Up to 90 days
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	26
ARS | Other current non-financial liabilities | Current liabilities | 90 days to 1 year
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 0	$ 0
CLF | Other non-current financial liabilities | Non-current liabilities
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Currency	CLF	CLF
Liabilities held in foreign currencies	$ 396,615	$ 402,512
CLF | Other non-current financial liabilities | Non-current liabilities | Over 1 year to 2 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Other non-current financial liabilities | Non-current liabilities | Over 2 years to 3 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Other non-current financial liabilities | Non-current liabilities | Over 3 years to 4 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Other non-current financial liabilities | Non-current liabilities | Over 4 years to 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	0	0
CLF | Other non-current financial liabilities | Non-current liabilities | Over 5 years
Disclosure Of Disclosures On The Effects Of Fluctuations In Foreign Currency Exchange Rates [Line Items]
Liabilities held in foreign currencies	$ 396,615	$ 402,512

Disclosures on the effects of_5

Disclosures on the effects of fluctuations in foreign currency exchange rates - Foreign Currency Exchange Rate Changes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Foreign exchange rates [abstract]
Foreign currency translation differences	$ (22,293)	$ (25,400)	$ (17,241)
Foreign currency translation reserve	3,177	(255)	4,240
Total	$ (19,116)	$ (25,655)	$ (13,001)

Income tax and deferred taxes -

Income tax and deferred taxes - Current and Non-Current Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Major Components Of Tax Expense [Line Items]
Current tax assets	$ 637,033	$ 224,914
Non-current tax assets	59,541	127,114
Monthly provisional income tax payments, Chilean companies
Major Components Of Tax Expense [Line Items]
Current tax assets	584,382	894
Monthly provisional income tax payments, foreign companies
Major Components Of Tax Expense [Line Items]
Current tax assets	26,741	96,906
Corporate tax credits
Major Components Of Tax Expense [Line Items]
Current tax assets	1,918	653
1st category tax absorbed by tax losses
Major Components Of Tax Expense [Line Items]
Current tax assets	1,872	169
Taxes in recovery process
Major Components Of Tax Expense [Line Items]
Current tax assets	22,120	126,292
Non current tax receivable (see note 20.3)
Major Components Of Tax Expense [Line Items]
Non-current tax assets	$ 59,541	$ 127,114

Income tax and deferred taxes_2

Income tax and deferred taxes - Current Tax Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Major Components Of Tax Expense [Line Items]
Current tax liabilities	$ 183,633	$ 356,611
Chilean income tax
Major Components Of Tax Expense [Line Items]
Current tax liabilities	636	337,245
Specific mining tax to lithium mining
Major Components Of Tax Expense [Line Items]
Current tax liabilities	162,743	0
Foreign company income tax
Major Components Of Tax Expense [Line Items]
Current tax liabilities	$ 20,254	$ 19,366

Income tax and deferred taxes_3

Income tax and deferred taxes - Narrative (Details) - yr	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	27%	27%	27%
Prescriptive period for review legal deadline (in years)	3
Prescriptive period extended for review legal deadline (in years)	6
United States
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Prescriptive period for review legal deadline (in years)	3
Prescriptive period extended for review legal deadline (in years)	6
United States | Bottom of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	21%	21%
United States | Top of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	3%	3.51%
Mexico
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	30%	30%
Prescriptive period for review legal deadline (in years)	5
Spain
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Prescriptive period for review legal deadline (in years)	4
Belgium
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Prescriptive period for review legal deadline (in years)	3
Prescriptive period extended for review legal deadline (in years)	5
South Africa
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	27%	28%
Prescriptive period for review legal deadline (in years)	3
Prescriptive period extended for review legal deadline (in years)	5
China
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Prescriptive period for review legal deadline (in years)	3
Prescriptive period extended for review legal deadline (in years)	5
China | Bottom of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	25%	25%
China | Top of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	12%	12%
South Korea
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	24%	25%
Prescriptive period for review legal deadline (in years)	5
Prescriptive period extended for review legal deadline (in years)	7
South Korea | Bottom of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	9%
Prescriptive period extended for review legal deadline failure to file tax return (in years)	5 years
Prescriptive period extended for review legal deadline, tax evasion or fraud (in years)	10 years
South Korea | Top of range
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	24%
Prescriptive period extended for review legal deadline failure to file tax return (in years)	10 years
Prescriptive period extended for review legal deadline, tax evasion or fraud (in years)	15 years
Mining royalties operation
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	5.49%
Caliche extraction operation
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Applicable tax rate, percentage	5%

Income tax and deferred taxes_4

Income tax and deferred taxes - Tax Rate within Main Countries the Company Operates (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	27%	27%	27%
Rate on value added tax payable, percentage	12%
Spain
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	25%	25%
Belgium
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	25%	25%
Mexico
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	30%	30%
United States | Top of range
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	3%	3.51%
United States | Minimum
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	21%	21%
South Africa
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	27%	28%
South Korea
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	24%	25%
South Korea | Top of range
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	24%
South Korea | Minimum
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	9%
China | Top of range
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	12%	12%
China | Minimum
Income tax and deferred taxes [Line Items]
Applicable tax rate, percentage	25%	25%

Income tax and deferred taxes_5

Income tax and deferred taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Major Components Of Tax Expense [Line Items]
Deferred tax assets	$ 302,236	$ 604,471
Deferred tax liabilities	(394,688)	(289,825)
Total	(92,452)	314,646	$ (110,416)
Unrealized loss
Major Components Of Tax Expense [Line Items]
Deferred tax assets	321,340	655,695
Deferred tax liabilities	0	0
Total	321,340	655,695	144,181
Property, plant and equipment and capitalized interest
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(240,056)	(244,560)
Total	(240,056)	(244,560)	(189,073)
Restoration and rehabilitation provision
Major Components Of Tax Expense [Line Items]
Deferred tax assets	6,336	4,685
Deferred tax liabilities	0	0
Total	6,336	4,685
Manufacturing expenses
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(159,879)	(139,383)
Total	(159,879)	(139,383)	(108,181)
Employee benefits and unemployment insurance
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(9,438)	(8,995)
Total	(9,438)	(8,995)	(7,486)
Vacation accrual
Major Components Of Tax Expense [Line Items]
Deferred tax assets	9,373	7,650
Deferred tax liabilities	0	0
Total	9,373	7,650	6,039
Inventory provision
Major Components Of Tax Expense [Line Items]
Deferred tax assets	34,718	27,512
Deferred tax liabilities	0	0
Total	34,718	27,512	20,557
Materials provision
Major Components Of Tax Expense [Line Items]
Deferred tax assets	14,405	11,915
Deferred tax liabilities	0	0
Total	14,405	11,915	10,554
Others employee benefits
Major Components Of Tax Expense [Line Items]
Deferred tax assets	6,561	1,177
Deferred tax liabilities	0	0
Research and development expenses
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(16,046)	(12,294)
Total	(16,046)	(12,294)	(5,387)
Bad debt provision
Major Components Of Tax Expense [Line Items]
Deferred tax assets	3,060	715
Deferred tax liabilities	0	0
Total	3,060	715	2,708
Provision for legal complaints and expenses
Major Components Of Tax Expense [Line Items]
Deferred tax assets	2,932	6,827
Deferred tax liabilities	0	0
Total	2,932	6,827	334
Loan acquisition expenses
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(12,735)	(8,793)
Financial instruments recorded at market value
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	5,226
Deferred tax liabilities	(52,016)	0
Specific tax on mining activity
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	0
Deferred tax liabilities	(3,303)	(5,799)
Tax loss benefit
Major Components Of Tax Expense [Line Items]
Deferred tax assets	23,340	10,059
Deferred tax liabilities	0	0
Total	23,340	10,059	8,557
Other
Major Components Of Tax Expense [Line Items]
Deferred tax assets	0	2,913
Deferred tax liabilities	(21,119)	0
Total	(21,119)	2,913	(4,274)
Foreign items (other)
Major Components Of Tax Expense [Line Items]
Deferred tax assets	75	96
Deferred tax liabilities	0	0
Total	75	96	$ 11,828
Balances to date
Major Components Of Tax Expense [Line Items]
Deferred tax assets	422,140	734,470
Deferred tax liabilities	$ (514,592)	$ (419,824)

Income tax and deferred taxes_6

Income tax and deferred taxes - Deferred Tax Assets and Liabilities in the Statement of Financial Position (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Major components of tax expense (income) [abstract]
Deferred tax assets	$ 302,236	$ 604,471
Deferred tax liabilities	(394,688)	(289,825)
Total	$ (92,452)	$ 314,646	$ (110,416)

Income tax and deferred taxes_7

Income tax and deferred taxes - Reconciliation of Changes in Deferred Tax Liabilities (Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	$ 314,646	$ (110,416)
Deferred tax expense (income) recognised in profit or loss	(346,391)	430,978
Deferred tax relating to items credited (charged) directly to equity	(60,707)	(5,916)
Total change in deferred taxes	(407,098)	425,062
Deferred tax liability (asset) at end of period	(92,452)	314,646
Unrealized loss
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	655,695	144,181
Deferred tax expense (income) recognised in profit or loss	(334,355)	511,514
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(334,355)	511,514
Deferred tax liability (asset) at end of period	321,340	655,695
Property, plant and equipment and capitalized interest
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(244,560)	(189,073)
Deferred tax expense (income) recognised in profit or loss	4,504	(55,487)
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	4,504	(55,487)
Deferred tax liability (asset) at end of period	(240,056)	(244,560)
Restoration and rehabilitation provision
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	4,685
Deferred tax expense (income) recognised in profit or loss	1,651
Deferred tax relating to items credited (charged) directly to equity	0
Total change in deferred taxes	1,651
Deferred tax liability (asset) at end of period	6,336	4,685
Restoration and rehabilitation provision
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	4,685	6,567
Deferred tax expense (income) recognised in profit or loss		(1,882)
Deferred tax relating to items credited (charged) directly to equity		0
Total change in deferred taxes		(1,882)
Deferred tax liability (asset) at end of period		4,685
Manufacturing expenses
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(139,383)	(108,181)
Deferred tax expense (income) recognised in profit or loss	(20,496)	(31,202)
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(20,496)	(31,202)
Deferred tax liability (asset) at end of period	(159,879)	(139,383)
Employee benefits and unemployment insurance
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(8,995)	(7,486)
Deferred tax expense (income) recognised in profit or loss	(2,020)	(2,779)
Deferred tax relating to items credited (charged) directly to equity	1,577	1,270
Total change in deferred taxes	(443)	(1,509)
Deferred tax liability (asset) at end of period	(9,438)	(8,995)
Vacation accrual
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	7,650	6,039
Deferred tax expense (income) recognised in profit or loss	1,723	1,611
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	1,723	1,611
Deferred tax liability (asset) at end of period	9,373	7,650
Inventory provision
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	27,512	20,557
Deferred tax expense (income) recognised in profit or loss	7,206	6,955
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	7,206	6,955
Deferred tax liability (asset) at end of period	34,718	27,512
Materials provision
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	11,915	10,554
Deferred tax expense (income) recognised in profit or loss	2,490	1,361
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	2,490	1,361
Deferred tax liability (asset) at end of period	14,405	11,915
Derivative financial instruments
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	0	0
Deferred tax expense (income) recognised in profit or loss	5,047	7,172
Deferred tax relating to items credited (charged) directly to equity	(5,047)	(7,172)
Total change in deferred taxes	0	0
Deferred tax liability (asset) at end of period	0	0
Others employee benefits
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	1,177	929
Deferred tax expense (income) recognised in profit or loss	5,384	248
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	5,384	248
Deferred tax liability (asset) at end of period	6,561	1,177
Research and development expenses
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(12,294)	(5,387)
Deferred tax expense (income) recognised in profit or loss	(3,752)	(6,907)
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(3,752)	(6,907)
Deferred tax liability (asset) at end of period	(16,046)	(12,294)
Bad debt provision
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	715	2,708
Deferred tax expense (income) recognised in profit or loss	2,345	(1,993)
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	2,345	(1,993)
Deferred tax liability (asset) at end of period	3,060	715
Provision for legal complaints and expenses
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	6,827	334
Deferred tax expense (income) recognised in profit or loss	(3,895)	6,493
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(3,895)	6,493
Deferred tax liability (asset) at end of period	2,932	6,827
Loan approval expenses
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(8,793)	(8,967)
Deferred tax expense (income) recognised in profit or loss	(3,942)	174
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(3,942)	174
Deferred tax liability (asset) at end of period	(12,735)	(8,793)
Financial instruments recorded at market value
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	5,226	5,243
Deferred tax expense (income) recognised in profit or loss	0	0
Deferred tax relating to items credited (charged) directly to equity	(57,242)	(17)
Total change in deferred taxes	(57,242)	(17)
Deferred tax liability (asset) at end of period	(52,016)	5,226
Specific tax on mining activity
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	(5,799)	(4,545)
Deferred tax expense (income) recognised in profit or loss	2,491	(1,257)
Deferred tax relating to items credited (charged) directly to equity	5	3
Total change in deferred taxes	2,496	(1,254)
Deferred tax liability (asset) at end of period	(3,303)	(5,799)
Tax loss benefit
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	10,059	8,557
Deferred tax expense (income) recognised in profit or loss	13,281	1,502
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	13,281	1,502
Deferred tax liability (asset) at end of period	23,340	10,059
Other
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	2,913	(4,274)
Deferred tax expense (income) recognised in profit or loss	(24,032)	7,187
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(24,032)	7,187
Deferred tax liability (asset) at end of period	(21,119)	2,913
Foreign items (other)
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred tax liability (asset) at beginning of period	96	11,828
Deferred tax expense (income) recognised in profit or loss	(21)	(11,732)
Deferred tax relating to items credited (charged) directly to equity	0	0
Total change in deferred taxes	(21)	(11,732)
Deferred tax liability (asset) at end of period	$ 75	$ 96

Income tax and deferred taxes_8

Income tax and deferred taxes - Tax Loss Carryforwards (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred taxes related to benefits for tax losses	$ 23,340	$ 10,059
Chile
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred taxes related to benefits for tax losses	16,087	10,059
Foreign
Disclosure Of Income Tax And Deferred Taxes [Line Items]
Deferred taxes related to benefits for tax losses	$ 7,253	$ 0

Income tax and deferred taxes_9

Income tax and deferred taxes - Movements in Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Major components of tax expense (income) [abstract]
Deferred tax liability (asset) at beginning of period	$ 314,646	$ (110,416)
Increase (decrease) in deferred taxes in income	(346,391)	430,978
Increase (decrease) deferred taxes in equity	(60,707)	(5,916)
Deferred tax liability (asset) at end of period	$ (92,452)	$ 314,646

Income tax and deferred taxe_10

Income tax and deferred taxes - Current and Deferred Tax (Expenses) Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current income tax (expense) benefit
Current tax expense (income)	$ (1,533,809)	$ (2,002,564)	$ (279,105)
Adjustments to prior year current income tax (expense) benefit	3,449	(626)	2,326
Current income tax expense, net, total	(1,530,360)	(2,003,190)	(276,779)
Deferred tax (expense) benefit
Deferred tax benefits relating to the creation and reversal of temporary differences	(342,363)	427,680	28,445
Tax adjustments related to the creation and reversal of temporary differences from the previous year	(4,028)	3,298	(682)
Total deferred tax benefits, net	(346,391)	430,978	27,763
Income tax expense	(1,876,751)	$ (1,572,212)	$ (249,016)
Specific mining tax to lithium mining
Current income tax (expense) benefit
Current tax expense (income)	$ (1,089,500)

Income tax and deferred taxe_11

Income tax and deferred taxes - Income Tax (Expenses) Benefit for Foreign and Domestic Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current income tax benefit (expense) by foreign and domestic parties, net
Current income tax expense, net, total	$ (1,530,360)	$ (2,003,190)	$ (276,779)
Deferred tax benefit (expense) by foreign and domestic parties, net
Deferred tax expense, net, total	(346,391)	430,978	27,763
Income tax expense	(1,876,751)	(1,572,212)	(249,016)
Foreign countries
Current income tax benefit (expense) by foreign and domestic parties, net
Current income tax expense, net, total	(120,893)	(213,060)	(46,748)
Deferred tax benefit (expense) by foreign and domestic parties, net
Deferred tax expense, net, total	(34,014)	(21,338)	(6,679)
Country of domicile
Current income tax benefit (expense) by foreign and domestic parties, net
Current income tax expense, net, total	(1,409,467)	(1,790,130)	(230,031)
Deferred tax benefit (expense) by foreign and domestic parties, net
Deferred tax expense, net, total	(312,377)	$ 452,316	$ 34,442
Country of domicile | Specific mining tax to lithium mining
Current income tax benefit (expense) by foreign and domestic parties, net
Current income tax expense, net, total	$ (1,089,500)

Income tax and deferred taxe_12

Income tax and deferred taxes - Tax Effects of Other Comprehensive Income Components (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income tax related to other income and expense components with a charge or credit to net equity
(Losses) income from defined benefit plans	$ (1,582)	$ (1,273)	$ 142
Cash flow hedges	5,047	7,172	(14,246)
Amount before taxes (expense) gain
Income tax related to other income and expense components with a charge or credit to net equity
(Losses) income from defined benefit plans	(5,843)	(6,350)	4,679
Cash flow hedges	18,692	26,622	(52,762)
Reserve for (losses) income from financial assets measured at fair value through other comprehensive income	190,509	190	(12,072)
Total	203,358	20,462	(60,155)
(Expense) income for income taxes
Income tax related to other income and expense components with a charge or credit to net equity
(Losses) income from defined benefit plans	1,582	1,273	(142)
Cash flow hedges	(5,047)	(7,172)	14,246
Reserve for (losses) income from financial assets measured at fair value through other comprehensive income	(57,242)	(17)	3,818
Total	(60,707)	(5,916)	17,922
Amount after taxes
Income tax related to other income and expense components with a charge or credit to net equity
(Losses) income from defined benefit plans	(4,261)	(5,077)	4,537
Cash flow hedges	13,645	19,450	(38,516)
Reserve for (losses) income from financial assets measured at fair value through other comprehensive income	133,267	173	(8,254)
Total	$ 142,651	$ 14,546	$ (42,233)

Income tax and deferred taxe_13

Income tax and deferred taxes - Reconciliation of Statutory Tax Rate to Effective Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Consolidated income before taxes	$ 2,807,018	$ 5,486,496	$ 841,221
Statutory income tax rate in Chile	27%	27%	27%
Tax expense using the statutory tax rate	$ (757,895)	$ (1,481,354)	$ (227,130)
Net effect of royalty tax payments	(6,889)	(57,500)	(13,350)
Specific mining tax to lithium mining claims	(1,089,476)	0	0
Tax effect of income from regular activities exempt from taxation and dividends from abroad	(1,457)	3,490	(260)
Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss)	3,509	(11,058)	(2,226)
Effect due to the difference in tax rates related to abroad subsidiaries	(24,748)	(25,053)	(5,622)
Other tax effects of reconciliation of accounting income to tax expense	205	(737)	(428)
Income tax expense	$ (1,876,751)	$ (1,572,212)	$ (249,016)

Events occurred after the rep_2

Events occurred after the reporting date (Details) $ / shares in Units, $ in Millions						12 Months Ended
	May 16, 2024 $ / shares	Apr. 05, 2024 USD ($)	Mar. 28, 2024 $ / shares	Dec. 18, 2023 $ / shares	Apr. 26, 2023 $ / shares	Dec. 31, 2023 $ / shares	Apr. 10, 2024
Disclosure of non-adjusting events after reporting period [line items]
Final dividend (in USD per share)			$ 2.11386		$ 3.22373
Dividends paid (in USD per share)						$ 1.90047
Forecast
Disclosure of non-adjusting events after reporting period [line items]
Dividends paid (in USD per share)	$ 0.21339
Azure Minerals Limited
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in associate, percentage				18.40%
Joint scheme of arrangement, acquisition, cash price (in AUD per share)				$ 3.70
Joint scheme of arrangement, acquisition, joint off-market takeover bid, cash price (in AUD per share)				$ 3.65
Extraordinary Shareholder Meeting
Disclosure of non-adjusting events after reporting period [line items]
Threshold percentage of shares held							0.10
Chilean Internal Revenue Service (IRS) | SQM Salar | Pending Litigation Claims
Disclosure of non-adjusting events after reporting period [line items]
Adjustment to tax expense (income) | $		$ 1,089.5
Chilean Internal Revenue Service (IRS) | SQM Salar | Income Tax Contingencies
Disclosure of non-adjusting events after reporting period [line items]
Income taxes paid (refund) | $		$ 986.2