Solvent extraction is a method of quantitative separation of compounds using two immiscible liquids. When a solution containing a solute is mixed with an extracting solvent, the solute transfers from one solvent to the other based on differences in solubility. This process establishes an equilibrium defined by the distribution coefficient, which represents the ratio of solute concentrations in each solvent layer. Factors like pH, temperature, and addition of chelating or synergistic agents can influence the extraction efficiency. Solvent extraction is commonly used for purification in industries like oil processing and nuclear reprocessing due to advantages of low energy use, high throughput, and ease of automation compared to other separation methods.