# Who does Sociedad Química y Minera de Chile S.A. pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/sqm · Facet: suppliers · Updated: 2026-07-12T08:27:57.697+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Sociedad Química y Minera de Chile S.A. discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 0 of them primary filings (as of 2026-07-12).

### Corfo (아타카마 임차·로열티)·칠레 국가 마진 배분 (high)
- metric: Market share 70% · 2025-2030 · state share of operating margin on new production
- note: SQM leases Atacama extraction rights from Chile's development agency Corfo and pays royalties; under the Codelco venture the Chilean state (Codelco, Corfo and the Treasury) takes about 70% of the operating margin on new production in 2025-2030.
- [confirms] Codelco (EN, ir, published 2025-12-27) https://www.codelco.com/en/prensa/2025/codelco-y-sqm-forman-novaandino-litio-la-sociedad-conjunta-para-el: "The venture ensures continuity in the Atacama under Corfo contracts and those from 2031 onward, with the Chilean state taking a large share of the operating margin on new production."

### 아타카마 염호 채굴·가공 (브라인 추출) (high)
- note: The core of SQM's lithium cost is brine extraction and processing at Chile's Salar de Atacama, concentrated by solar evaporation, with a push to produce more lithium using less brine.
- [confirms] StockTitan (EN, news, published 2026-02-27) https://www.stocktitan.net/sec-filings/SQM/6-k-chemical-mining-co-of-chile-inc-current-report-foreign-issuer-948a3db84d9e.html: "SQM said it is advancing expansion in the Salar de Atacama, producing more lithium with less brine extraction."

### Codelco (high)
- note: SQM and Codelco finalized a JV to jointly operate Salar de Atacama lithium through 2060 — Codelco's Minera Tarar was merged by absorption into SQM Salar, renamed Nova Andino Litio; it took effect with China's regulatory approval. It combines Chile's state control of lithium with SQM's operating know-how.
- [confirms] SEC EDGAR (EN, filing, published 2026-04-22) https://www.sec.gov/Archives/edgar/data/0000909037/000090903726000023/sqm-20251231.htm: "Atacama was 50.1% of 2025 consolidated revenue; a lithium JV with Codelco to jointly run Atacama lithium production through 2060."
- [mentions] Yahoo Finance (EN, analysis, published 2026-02-27) https://finance.yahoo.com/news/why-sociedad-qu-mica-y-042836943.html: "China's regulatory approval finalized the SQM-Codelco Atacama lithium JV (Nova Andino Litio)."
- [confirms] Codelco (EN, ir, published 2025-12-27) https://www.codelco.com/en/prensa/2025/codelco-y-sqm-forman-novaandino-litio-la-sociedad-conjunta-para-el: "Codelco and SQM merged their subsidiaries Minera Tarar and SQM Salar into Nova Andino Litio to jointly develop Atacama lithium through 2060, with a board of three representatives from each company."

Reverse side: https://valuechain.wiki/sqm/customers.md · Ripple: https://valuechain.wiki/sqm/ripple.md

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