Intrepid Potash, Inc, is a wholly owned subsidiary of Intrepid Mining, engaged in the production of muriate of potash (MOP, or potassium chloride) in the United States. The Company focuses on the production and marketing of potash and langbeinite, another mineral containing potassium. In addition, it produces three valuable byproducts: Solar Salt, Magnesium Chloride brine and Sulfate of Potash Magnesia. It owns five active potash production facilities, three in New Mexico and two in Utah and it has the nameplate capacity to produce 1,100,000 tons of potash and 250,000 tons of langbeinite annually. Intrepid Potash, Inc owns two development assets in New Mexico the HB Mine, which is an idled potash mine that is in the process of reopening as a solution mine, and the North Mine. It also produces salt, magnesium chloride and metal recovery salts from its potash mining processes.
$65.21 (06/26/08)
