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Salt peter typically refers to the chemical compound potassium nitrate, though it may also refer to sodium nitrate. Salt peter was once collected from decomposing material, but today, it is generally manufactured by treating sodium nitrate, mostly mined in Chile, with potassium chloride and collecting the precipitate.
It occurs as a mineral niter and is a natural solid source of nitrogen. Potassium nitrate is one of several nitrogen-containing compounds collectively referred to as saltpeter or saltpetre. Major uses of potassium nitrate are in fertilizers, tree stump removal, rocket propellants and fireworks.