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SQM (NYSE: SQM) enters US$9M Chile copper exploration deal with Ivanhoe

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Sociedad Química y Minera de Chile, through Chemical and Mining Company of Chile Inc., has signed a definitive collaboration and exploration agreement with Ivanhoe Electric Inc. to explore 2,002 km² of mining property in northern Chile for copper.

The initial three-year phase includes a US$9 million investment to fund exploration, guided by a joint technical committee and using Ivanhoe Electric’s Typhoon geophysical system and CGI inversion software. If results are successful, the parties may form a 50/50 joint venture, with the Chilean company having the option to operate and select the JV’s CEO.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of January 2026.
Commission File Number 33-65728
CHEMICAL AND MINING COMPANY OF CHILE INC.
(Translation of registrant’s name into English)
El Trovador 4285, Santiago, Chile (562) 2425-2000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F:_X_ Form 40-F









SQM ANNOUNCES EXPLORATION PARTNERSHIP WITH IVANHOE ELECTRIC


Santiago, Chile – January 27, 2025 - Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announces it has executed a definitive Collaboration and Explorations Agreement with Ivanhoe Electric Inc. (Ivanhoe Electric) (NYSE American: IE; TSX: IE) to explore 2,002 km² of SQM mining property in northern Chile in search of copper.

In the initial phase, the partnership—guided by a jointly run technical committee—will include a US$9 million investment from SQM to fund three years of exploration. The program will leverage Ivanhoe Electric’s new technologies, Typhoon™ geophysical surveying system, together with data inversion software from Computational Geoscience Inc. (“CGI”) to identify potential qualifying copper deposits. In the event of successful results, this collaboration could lead to the formation of a 50/50 joint venture between SQM and Ivanhoe Electric, where SQM would have the option to operate and the right to choose the JV’s CEO.








About SQM
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate and iodine markets.

For further information, contact:

Gerardo Illanes: gerardo.illanes@sqm.com
Isabel Bendeck: isabel.bendeck@sqm.com
Megan Suitor: megan.suitor@sqm.com

Media contacts:

Lithium Division: Ignacia Lopez / ignacia.lopez@sqm.com
Iodine- Plant Nutrition Division: Carolina Guzman / carolina.guzman@sqm.com
International Lithium Divicion: Diana WearingSmith / diana.wearingsmith@sqm.com



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CHEMICAL AND MINING COMPANY OF CHILE INC.
(Registrant)
Date: January 30, 2025/s/ Gerardo Illanes
By: Gerardo Illanes
CFO

Persons who are to respond to the collection of information contained SEC 1815 (04-09) in this form are not required to respond unless the form displays currently valid OMB control number.



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of January 2026.
Commission File Number 33-65728
CHEMICAL AND MINING COMPANY OF CHILE INC.
(Translation of registrant’s name into English)
El Trovador 4285, Santiago, Chile (562) 2425-2000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F:_X_ Form 40-F









SQM ANNOUNCES EXPLORATION PARTNERSHIP WITH IVANHOE ELECTRIC


Santiago, Chile – January 27, 2025 - Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announces it has executed a definitive Collaboration and Explorations Agreement with Ivanhoe Electric Inc. (Ivanhoe Electric) (NYSE American: IE; TSX: IE) to explore 2,002 km² of SQM mining property in northern Chile in search of copper.

In the initial phase, the partnership—guided by a jointly run technical committee—will include a US$9 million investment from SQM to fund three years of exploration. The program will leverage Ivanhoe Electric’s new technologies, Typhoon™ geophysical surveying system, together with data inversion software from Computational Geoscience Inc. (“CGI”) to identify potential qualifying copper deposits. In the event of successful results, this collaboration could lead to the formation of a 50/50 joint venture between SQM and Ivanhoe Electric, where SQM would have the option to operate and the right to choose the JV’s CEO.








About SQM
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate and iodine markets.

For further information, contact:

Gerardo Illanes: gerardo.illanes@sqm.com
Isabel Bendeck: isabel.bendeck@sqm.com
Megan Suitor: megan.suitor@sqm.com

Media contacts:

Lithium Division: Ignacia Lopez / ignacia.lopez@sqm.com
Iodine- Plant Nutrition Division: Carolina Guzman / carolina.guzman@sqm.com
International Lithium Divicion: Diana WearingSmith / diana.wearingsmith@sqm.com



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CHEMICAL AND MINING COMPANY OF CHILE INC.
(Registrant)
Date: January 30, 2025/s/ Gerardo Illanes
By: Gerardo Illanes
CFO

Persons who are to respond to the collection of information contained SEC 1815 (04-09) in this form are not required to respond unless the form displays currently valid OMB control number.

FAQ

What did SQM announce in its January 2026 Form 6-K filing?

SQM announced a definitive collaboration and exploration agreement with Ivanhoe Electric to search for copper in northern Chile, covering 2,002 km² of mining property. The arrangement focuses on early-stage exploration and may evolve into a joint venture if results are successful.

How much will SQM invest in the Ivanhoe Electric copper exploration partnership?

The initial phase includes a US$9 million investment to fund three years of copper exploration activities. This spending supports field work, technical studies, and deployment of advanced geophysical technology across 2,002 km² of mining property in northern Chile under a jointly run technical committee.

What technologies will be used in the SQM–Ivanhoe Electric copper exploration program?

The program will use Ivanhoe Electric’s Typhoon geophysical surveying system along with data inversion software from Computational Geoscience Inc. These tools aim to identify potential qualifying copper deposits across the 2,002 km² area, improving subsurface imaging and guiding where detailed exploration work should be focused.

Could the SQM and Ivanhoe Electric agreement lead to a joint venture?

Yes. If exploration delivers successful results, the collaboration could lead to a 50/50 joint venture between SQM and Ivanhoe Electric. SQM would have the option to operate the venture and the right to choose the joint venture’s CEO, subject to successful exploration outcomes.

Where is SQM’s new copper exploration area located and what is its size?

The exploration area is located in northern Chile and covers 2,002 km² of mining property. This large land position will be evaluated over three years using advanced geophysical tools to search for potential qualifying copper deposits under the collaboration with Ivanhoe Electric.

What industries does SQM serve according to the Form 6-K disclosure?

SQM develops and produces products for industries linked to health, nutrition, renewable energy, and technology. It aims to maintain a leading world position in lithium, potassium nitrate, and iodine markets, supporting applications such as batteries, fertilizers, and specialty chemical uses worldwide.
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