Intrepid Potash, Inc., incorporated on November 19, 2007, is a producer of muriate of potash (potassium chloride or potash) and langbeinite (sulfate of potash magnesia) in the United States, which it markets and sells as Trio. The Company operates in the extraction, production and sale of potassium-related products. Its products are potash and Trio. The Company also produces salt, magnesium chloride, metal recovery salts and brine containing salt and potassium from its mining processes. Its salt is used in a variety of markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions. It is also sold as a nutrient supplement in animal feed and for use in other industrial processes. Its brines are used primarily by the oil and gas industry to support well development and completion activities.
The Company produces potash from three solar evaporation solution mining facilities: its HB solution mine in Carlsbad, New Mexico, a solution mine in Moab, Utah, and a brine recovery mine in Wendover, Utah. It also operates North compaction facility in Carlsbad, New Mexico. As of December 31, 2016, the Company had a productive capacity of approximately 390,000 tons of potash from its solar evaporation solution mines.
Potash
The Company sells potash into three markets, including the agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. The agricultural market predominately uses granular-sized potash, while the industrial and animal feed markets use standard- and fine standard-sized product. The Company's potash sales are geographically concentrated in the central and western United States.
Trio
Trio, which it mines from langbeinite ore, is its specialty fertilizer that delivers potassium, sulfate and magnesium in a single particle and has low chloride. It produces Trio in premium, granular, standard and fine standard sizes for sale both domestically and internationally. The Company produces Trio from its conventional underground East mine in Carlsbad, New Mexico.
707 17th St Ste 4200
The company trades on NYSE exchange. The company headquarter is located in Colorado, CO. The company was established in the 2000.| Ticker | IPI |
| Long Name | Intrepid Potash, Inc |
| Short Name | Intrepid Potash |