01:44 PM EST, 11/10/2025 (MT Newswires) -- Sociedad Quimica y Minera de Chile ( SQM ) said Monday that China's State Administration for Market Regulation approved its partnership with state-owned Codelco to jointly advance lithium projects in the Atacama Salt Flat.

As part of the approval, SQM and Codelco agreed to implement measures related to data protection, governance, and fair supply terms for Chinese buyers, including providing lithium carbonate at reasonable, non-discriminatory prices, it added.

SQM noted that the commitments are consistent with its current business practices and would not have materially affected its results had they been in place since 2023.

Shares of Sociedad Quimica y Minera de Chile ( SQM ) rose 6.4% in recent trading.

Price: 51.95, Change: +3.12, Percent Change: +6.39