Company: SQM
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0000909037-25-000036
Chunk: 137

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-09-30
Form: 6-K
Chunk 137
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61,675 65,510 As of the presentation date, 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). Notes to the Consolidated Interim Financial Statements June 30, 2025 110 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 June 30, 2025 and December 31, 2024, 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. As of June 30, 2025 and December 31, 2024, this amounts to ThUS$17,763 and ThUS$14,787. (c) Economically feasible: Exploration and assessment expenditures resulting in studies concluding that their economic feasibility is viable are classified under “Other non-current non-financial assets”. Prospecting Type of Exploration As of June 30, 2025 As of December 31, 2024 ThUS$ ThUS$ Chile (1) Metallic/Non-Metallic 59,826 59,826 Total 59,826 59,826 (1) The value presented for Chile is composed as of June 2025 for ThUS 12,084 corresponding to non-metallic explorations and evaluations and ThUS$ 47,742 associated with metallic explorations. In December 2024, the amounts of non-metallic and metallic explorations were ThUS$ 12,084 and ThUS$ 47,742, respectively. Prospecting conciliation As of June 30, 2025 As of December 31, 2024 ThUS$ ThUS$ Opening balance 59,826 50,844 Additions - 10,701 Reclassifications from Exploration in execution - Chile - (1,719) Reclassifications to Exploration in Exploitation - Chile - - Total changes - 8,982 Total 59,826 59,826 (d