Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 78

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 78
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 Company in the amount of ThUS$12,500. • During the fourth quarter of 2023, the Company made an investment of ThUS$3,544 in Pirra Lithium Pty Ltd with an equity interest of 37.5%. The Company has the right to nominate a director and anti-dilution rights in terms of its shareholding. In addition, it has the right to nominate a member of the technical committee in charge of exploration plans and budgets. • On December 19, 2023, the Company made on agreement with SQM Vitas to acquire 50% of the SQM Vitas Peru joint venture, which will be completed during the second quarter of 2024 subject to compliance with certain regulatory requirements. 9.5 Joint Operations. In 2017, the Company acquired 50% of assets of the Mt Holland lithium project in Western Australia. The Mt Holland lithium project consists of designing, constructing and operating a mine, concentrator and refinery to produce lithium hydroxide. As of December 31, 2024, a total of US$840.9 million has been contributed to the Mt Holland lithium project.

Notes to the Consolidated Financial Statements December 31, 2024 63 Note 10 Cash and cash equivalents 10.1 Types of cash and cash equivalents As of December 31, 2024 and 2023, cash and cash equivalents are detailed as follows: Cash As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Cash on hand 663 33 Cash in banks 925,380 676,282 Other demand deposits - 709 Total Cash 926,043 677,024 Cash equivalents As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Short-term deposits, classified as cash equivalents 322,500 23,545 Short-term investments, classified as cash equivalents 129,308 340,800 Total cash equivalents 451,808 364,345 Total cash and cash equivalents 1,377,851 1,041,369 10.2 Short-term investments, classified as cash equivalents As of December 31, 2024 and 2023, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in: Institution As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Legg Mason