SQM Files Its Annual Report On Form 20-F For The Year 2020

Rhea-AI Summary

SQM has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC. This report provides detailed insights into the company's performance, including its commitment to sustainability and maintaining a leading position in key markets such as lithium, potassium nitrate, and iodine. The company also emphasizes its operational excellence and conservative financial policy to navigate economic fluctuations. Investors can access the report on the SEC's website or through SQM's investor relations section.

Positive

• Filed Annual Report on Form 20-F, ensuring compliance with regulatory requirements.
• Continues to maintain leadership in lithium, potassium nitrate, and iodine markets.
• Emphasizes commitment to sustainability and responsible management of natural resources.

Negative

• None.

SANTIAGO, Chile, March 15, 2021 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announced today that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with the U.S. Securities and Exchange Commission (the "SEC").

SQM's Form 20-F can be accessed by visiting either the SEC's website at www.sec.gov or the investor relations section of the Company's website at www.sqm.com.

About SQM

SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets by:

• Ensuring access to the best assets related to our current business lines by expanding our global presence;
• Actively searching for attractive minerals allowing us diversification opportunities to replicate and expand our existing mining capacities; 
• Strengthening our operational, logistical and commercial excellence process from beginning to end, while looking to be a cost leader; and
• Maintaining a conservative financial policy which allows us to successfully endure economic cycles that could impact the markets in which we sell.

We are a company built and managed by a culture based on excellence, safety, sustainability and integrity. We work every day to expand this culture through the attraction, retention and development of talent as well encouraging an inclusive and diverse work environment ensuring the unique knowledge and innovation needed to sustain our business. We strive for safe and accident-free operations by promoting conduct that favors the physical safety and psychological well-being of everyone who works directly and indirectly with the Company.

We position ourselves as leaders in sustainability and commit to a sustainable future where we constantly work to responsibly manage natural resources, protect human rights, care for the environment, form close and trusting relationships with our neighboring communities and create value. Within these communities, we support projects and activities with a focus on education, business development, and protection of the environment and historical heritage. We create value for our clients through established commercial models and the production and development of differentiated products that respond to their industry and market specific needs, constantly creating and providing a sustainable improvement in the quality of life. We will continue to create value for all of our stakeholders through responsible management of natural resources, sustainable expansion projects and improvement of our existing operations, with a focus on minimizing our environmental impacts by reducing our carbon, energy and water footprints and working together with our shareholders, employees, customers, suppliers and communities.

For further information, contact:

Gerardo Illanes 56-2-24252022 / gerardo.illanes@sqm.com
Kelly O'Brien 56-2-24252074 / kelly.obrien@sqm.com 
Irina Axenova 56-2-24252280 / irina.axenova@sqm.com

For media inquiries, contact: 

Maria Ignacia Lopez / ignacia.lopez@sqm.com 
Pablo Pisani / pablo.pisani@sqm.com 
Tamara Rebolledo / tamara.rebolledo@sqm.com (Northern Region)

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the Company's Sustainable Development Plan, business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of SQM management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements, including our ability to successfully implement the Sustainable Development Plan. Therefore, you should not rely on any of these forward-looking statements. Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, specifically the most recent annual report on Form 20-F, which identifies other important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law.

 

View original content:http://www.prnewswire.com/news-releases/sqm-files-its-annual-report-on-form-20-f-for-the-year-2020-301247777.html

SOURCE Sociedad Quimica y Minera de Chile, S.A. (SQM)

FAQ

What is the significance of SQM's Annual Report on Form 20-F?

The Annual Report provides detailed insights into SQM's financial performance and compliance with SEC regulations.

When was SQM's Annual Report filed?

SQM filed its Annual Report on Form 20-F on March 15, 2021.

Where can I access SQM's Annual Report?

The report can be accessed on the SEC's website or SQM's investor relations section.

What markets does SQM aim to lead?

SQM aims to lead in the lithium, potassium nitrate, iodine, and thermo-solar salts markets.