Company: SQM
Filing Date: 2025-06-02
Form Type: 6-K
Source: 0000909037-25-000026
Chunk: 3

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-06-02
Form: 6-K
Chunk 3
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, we are seeing slight upward pressure on prices. Gross profit (2) for SPN segment accounted for 12.2% of SQM’s consolidated gross profit for the three months ended March 31, 2025. Iodine and Derivatives Revenues from sales of iodine and derivatives during the first three months of the year totaled US$255.0 million, an increase of 6.2% compared to US$240.1 million reported for the first quarter of 2024. Iodine and Derivative Sales Volumes and Revenues:

|                                 |     |        |     | 1Q2025 |     |       |     | 1Q2024 |     |       |     | 2025/2024 |     |      |     |      |
| Iodine and Derivatives          |     | Th. MT |     |        |     |   3.6 |     |        |     |   3.7 |     |           |     | -0.1 |     | (4)% |
| Iodine and Derivatives Revenues |     | MUS$   |     |        |     | 255.0 |     |        |     | 240.1 |     |           |     | 14.9 |     | 6%   |

During the first quarter of 2025, iodine and its derivatives recorded a new all-time high in sales prices, reaching an average of US$71.4 per kilogram, with iodine prices exceeding US$72 per kilogram. Market demand growth is led primarily by the X-ray contrast media application. We expect prices to remain relatively stable at current levels throughout the year, and our sales volumes to be similar to 2024. We continue to make significant efforts to meet market demand while the seawater pipeline is ready. Gross profit (2) for the Iodine and Derivatives segment accounted for 46.1% of SQM’s consolidated gross profit for the three months ended March 31, 2025. Potassium Potassium revenues for the three months ended March 31, 2025, totaled US$42.5 million, lower than revenues reported during the three months ended March 31, 2024, which totaled US$63.6 million, representing a 33.2% decrease. Potassium Sales Volumes and Revenues:

|                    |     |        |     | 1Q202