Sociedad Química y Minera de Chile $(SQM)$ has entered into a definitive collaboration and exploration agreement with Ivanhoe Electric to explore 2,002 square kilometers of SQM’s mining property in northern Chile for copper deposits. The initial phase involves a US$9 million investment from SQM to fund three years of exploration, utilizing Ivanhoe Electric’s Typhoon™ geophysical surveying technology and data inversion software. If exploration results are successful, the partnership could lead to the formation of a 50/50 joint venture, with SQM having the option to operate and select the joint venture’s CEO.
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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000909037-26-000008), on January 30, 2026, and is solely responsible for the information contained therein.