Good morning, and welcome to the SQM third quarter 2021 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touch tone phone, on your touch tone phone. Again, that is star then one to ask a question. To withdraw your question, please press star, then two. Please note this event is being recorded. I'd now like to turn the conference over to Irina Axenova, investor relations. Please go ahead. Thank you, Grant. Good morning. Thank you for joining SQM's third quarter inaudible ' 21 earnings conference call. This conference call will be recorded and is being broadcast live. Following this call, you will be able to access the webcast at our website, www.sqm.com. Our earnings inaudible presentation inaudible have been uploaded to our website where you can also find a link to the website. Speaking on the call today will be Ricardo Ramos, chief executive officer, Geraldo Ilanes, chief financial officer, and Pablo Altimiras, inaudible vice president, lithium and iodine business. He will be, uh, available to help answer any questions following the prepared remarks. Before we begin, let me remind you that statements in this conference concerning the company's business outlook, future economic performance inaudible expenses, or other financial items, anticipated costing issues inaudible service line growth, together with other statements that are not inaudible forward looking statements inaudible is defined under federal securities law. Any forward looking statements are estimates reflecting the best judgment of SQM based on inaudible and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from inaudible stated in such statement, including our ability to successfully implement a sustainable development inaudible risks, uncertainties, and factors that could affect inaudible forward looking statements are identified in our public filings made with the US Securities and Exchange Commission and in our earnings release issued yesterday. And this forward looking statement should be considered in light of those factors. inaudible no obligation to update such statements, whether a result of new information, future developments, or otherwise, except as required by law. I now will link with our chief executive officer, Ricardo Ramos. Thank you. Irina. And good morning and thank you for joining the call today. Our earnings during the thing quarter of 2021 were significantly higher than earning reported during the same period last year. These results were driven by considerably higher sales volumes and prices across almost all our business lines. We continue seeing very positive market conditions in all of the markets in which we participate. inaudible lithium market is exceeding our previous expectations. The iodine market has recovered from the pandemic faster than anticipated while we are also seeing a positive change in the fertilizer markets. We're now expecting that the lithium market demand should grow close to 50% this year, driven by strong sales of electric vehicles in all relevant markets, especially in China and Europe. inaudible expansions we have been working on are, are allowing us to grow even more than the market inaudible reached close to 100,000 metric tons in sales volume this year. By the middle of next year, our expansion, 280,000 metric tons should be ready, allowing us to keep on growing our sales volumes. This accelerating lithium market growth is pressuring prices. At the same, the contracts we signed last year are expiring. This allow us expect an average sales price, $112,000 per metric ton during the fourth quarter, and probably even higher during the first quarter next year. In the meanwhile, the iodine market demand has already reached the pre-pandemic levels. This quick recovery has had a positive impact on prices. Our supply has not been able to respond. We are now expecting total sales in 2021 around 12,500 metric tons, uh, with average sales prices increasing from prices seen over past few quarters. As we're working on expanding our iodine capacity, we expect to ramp up additional 1000 metric tons in the beginning of 2023 followed by approximately 2500 metric tons in 2024, all part of our early inaudible growth plan. We have seen some very interesting developments in the fertilizer markets globally. Supply has been impacted by expert restrictions and logistic interruption inaudible prices for both inaudible fertilizer have reached levels not seen in more than a decade. We now expect our potassium and potassium nitrate average prices to reach almost $700 and over $ 1000 per metric ton inaudible during the fourth quarter, this year. Considering all the positive factors, we now anticipate a record performance during the fourth quarter this year with a significantly higher EBITDA. We remain confident in our ability to deliver future growth while continuing to operate in a sustainable way, creating value for our customers, communities, and all our stockholders. inaudible now open the line for questions. We will now begin the question and answer session. To ask a question, you may press star then one on your touch-tone phone. If you're using a speakerphone, please pick up your handset before pressing the keys. To withdraw your question, please star then two. At this time, we will pause momentarily to assemble our roster. Our first question today comes from Joel Jackson with BMO Capital Markets. Please go ahead. Ricardo, um, I'm gonna ask a few questions one by one. Um, when we look into your production for next year for lithium, um, you got to 120 already, LCE. You'll get to 180 at some point in next year. What do you think will be your ability for production next year? And inaudible your level of sales? Presumably, you wanna build some inventory. But what could be your maximum production or maximum sales next year? Thanks. Okay. Hi, Joel. Ricardo Ramos speaking now. About production, uh, as to total production, assuming that we are ramped up to the 180, during next year, we think it's reasonable to expect a production in the 140,000 metric tons next year. Maybe it's gonna be inaudible higher than that, but 140 inaudible my estimates today of the total lithium and lithium inaudible total production in Chile. About sales volumes, Pablo, what's your opinion? Yeah. Hello, Joel. inaudible to continue growing, uh, according to the demand. Uh, if we inaudible that with inaudible for the next year inaudible between 20 or 30%. We expect to grow inaudible in that same percentage. Okay. Now, I appreciate your pricing guidance. Now, you know, when I look at October Chilean customs data, your pricing in October seems well less than 12,000. You're gonna average about 12,000, you say, for the quarter. So, I wanna know, you know, if you expect to place so much more volume next. And presumably, you're now pricing volumes now for next year. Like, like, you're pricing volume… Pricing ahead for next year. How much, you know, how much of our pricing… How much of your volume in 2022 are you locking in now or will you expect to lock in by Christmas, let's