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Stock impact report

Codelco, SQM launch NovaAndino Litio JV in Salar de Atacama [Yahoo! Finance]

Sociedad Quimica y Minera S.A. (SQM) 
Last sociedad quimica y minera s.a. earnings: 3/2 09:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.sqm.com
Company Research Source: Yahoo! Finance
lithium in Salar de Atacama, Chile, with activities planned to continue until 2060. NovaAndino Litio was created through the merger of Codelco's subsidiary Minera Tarar with SQM's subsidiary SQM Salar. This step completes a public-private partnership and brings together proven operational capabilities and updated governance standards. The development was reported to the Financial Market Commission (CMF). Under the new structure, NovaAndino Litio will integrate all assets, subsidiaries, overseas offices, permits, technical expertise, and personnel needed to expand the lithium business. The consolidation follows SQM's internal restructuring during 2024 and 2025. The agreement also ensures operational and contractual continuity in the Atacama Salt Flat, both under existing Corfo agreements and those scheduled to take effect from 2031. Codelco chairman of the board Máximo Pacheco said: “Codelco is taking a strategic step today to actively participate in lithium production, a Show less Read more
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