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Sociedad de Chile- (SQM)-engages in the production and distribution of potassium nitrate, iodine, and lithium carbonate worldwide. As of December 31 2006, it held exploration rights or exploitation rights to mineral resources representing approximately 1,799,441 hectares in Caliche Ore Mines; and had 6 mines covering an area of approximately 388,000 hectares. The company also held rights to exploit the mineral resources in an area covering approximately 196,000 hectares of land in the Atacama Salar in northern Chile. Chemical and Mining Company was founded in 1968 and is headquartered in Santiago, Chile.
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