Sociedad Química y Minera de Chile $(SQM)$ has entered into a definitive collaboration and exploration agreement with Ivanhoe Electric Inc. to explore 2,002 square kilometers of SQM's mining property in northern Chile for copper deposits. The three-year initial phase will see SQM invest US$9 million, utilizing Ivanhoe Electric's Typhoon™ geophysical surveying system and data inversion software from Computational Geoscience Inc. If exploration results are successful, the partnership could evolve into a 50/50 joint venture, with SQM holding the option to operate and select the CEO of the venture.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SQM - Sociedad Química y Minera de Chile published the original content used to generate this news brief on January 27, 2026, and is solely responsible for the information contained therein.