Intrepid is the largest producer of muriate of potash (‘‘potassium chloride’’ or ‘‘potash’’) in the United States and is dedicated to the production and marketing of potash and langbeinite (‘‘sulfate of potash magnesia’’), another mineral containing potassium that is produced from langbeinite ore. Potassium is one of the three primary nutrients essential to plant formation and growth.
Since 2005, Intrepid has supplied, on average, approximately 1.6 percent of annual world potassium consumption and 9.3 percent of annual U.S. consumption. Intrepid is one of two producers of sulfate of potash magnesia, a low-chloride potassium fertilizer with the additional benefits of sulfur and magnesium, providing a multi-nutrient product.
Intrepid owns five active potash production facilities—three in New Mexico (referenced collectively below as ‘‘Carlsbad’’ or individually as ‘‘West,’’ ‘‘East,’’ and ‘‘North’’) and two in Utah (‘‘Moab’’ and ‘‘Wendover’’)—and has a current estimated productive capacity to produce approximately 870,000 tons of potash and approximately 200,000 tons of langbeinite annually.
Intrepid has an active capital investment program that includes investment in process recovery projects such as the Langbeinite Recovery Improvement Project, as well as several projects to increase granulation capacity, including the recently completed compaction project in Moab, Utah and the planned expansion of compaction capacity in Wendover, Utah and at our North facility. In addition, we are actively developing the HB Solar Solution mine, located adjacent to our existing producing assets near Carlsbad, New Mexico, which is an idled potash mine that we are in the process of reopening as a solution mine that will utilize solar evaporation techniques in the production of potash. We also have additional opportunities to develop mineralized deposits of potash in New Mexico which could include the reopening of the North Mine, which was operated as a traditional underground mine until the early 1980s, as well as the acceleration of production from our reserves and mineralized deposits of potash through new access points in the area and the potential construction of additional production facilities in the region.
Potash is a critical fertilizer, providing one of eight essential nutrients and is vital to the creation of protein. It is necessary and widely used to grow corn, wheat, soybeans, potatoes, hay and numerous other crops. The United States currently imports almost 85% of its potash needs.
Headquartered in Denver, Colorado, Intrepid Potash, Inc. has two production facilities in Utah and three in New Mexico. These subsidiaries are named: Intrepid Potash? - Moab, LLC, Intrepid Potash? - Wendover, LLC and Intrepid Potash? - New Mexico, LLC.
Since 2005, Intrepid has supplied, on average, approximately 1.6 percent of annual world potassium consumption and 9.3 percent of annual U.S. consumption. Intrepid is one of two producers of sulfate of potash magnesia, a low-chloride potassium fertilizer with the additional benefits of sulfur and magnesium, providing a multi-nutrient product.
Intrepid owns five active potash production facilities—three in New Mexico (referenced collectively below as ‘‘Carlsbad’’ or individually as ‘‘West,’’ ‘‘East,’’ and ‘‘North’’) and two in Utah (‘‘Moab’’ and ‘‘Wendover’’)—and has a current estimated productive capacity to produce approximately 870,000 tons of potash and approximately 200,000 tons of langbeinite annually.
Intrepid has an active capital investment program that includes investment in process recovery projects such as the Langbeinite Recovery Improvement Project, as well as several projects to increase granulation capacity, including the recently completed compaction project in Moab, Utah and the planned expansion of compaction capacity in Wendover, Utah and at our North facility. In addition, we are actively developing the HB Solar Solution mine, located adjacent to our existing producing assets near Carlsbad, New Mexico, which is an idled potash mine that we are in the process of reopening as a solution mine that will utilize solar evaporation techniques in the production of potash. We also have additional opportunities to develop mineralized deposits of potash in New Mexico which could include the reopening of the North Mine, which was operated as a traditional underground mine until the early 1980s, as well as the acceleration of production from our reserves and mineralized deposits of potash through new access points in the area and the potential construction of additional production facilities in the region.
Potash is a critical fertilizer, providing one of eight essential nutrients and is vital to the creation of protein. It is necessary and widely used to grow corn, wheat, soybeans, potatoes, hay and numerous other crops. The United States currently imports almost 85% of its potash needs.
Headquartered in Denver, Colorado, Intrepid Potash, Inc. has two production facilities in Utah and three in New Mexico. These subsidiaries are named: Intrepid Potash? - Moab, LLC, Intrepid Potash? - Wendover, LLC and Intrepid Potash? - New Mexico, LLC.
