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Compass Minerals International, Inc. (NYSE: CMP) is a leading provider of essential minerals that address nature's challenges and improve quality of life. The company is headquartered in the Kansas City metropolitan area and operates mineral production facilities across the U.S., Canada, and the U.K.
Core Business: Compass Minerals specializes in two primary products: salt and specialty plant nutrition minerals. The company's salt products are essential for winter roadway safety, industrial processes, and consumer needs. Their specialty plant nutrition products, derived from sulfate of potash and magnesium chloride, are crucial for enhancing crop quality and yield.
Product Portfolio: The company offers a diverse range of products including:
- Bulk treated and untreated highway deicing salt for North America and the U.K.
- Consumer deicing and water conditioning products.
- Commercial and consumer culinary salt.
- Mineral-based agricultural solutions and industrial applications.
Major Operations: Compass Minerals' key assets are strategically located. They include rock salt mines in Ontario, Canada, Louisiana in the U.S., and the U.K. In Utah, the company's brine operation at the Great Salt Lake produces sulfate of potash, catering to high-value crop growers sensitive to standard potash.
Recent Achievements and Projects: Compass Minerals has recently focused on enhancing its production capabilities and expanding its market reach. The company continually invests in technology to improve efficiency and sustainability in its operations. Additionally, partnerships with industry leaders are enhancing their offerings and market footprint.
Financial Condition: Compass Minerals maintains a strong financial position, supported by consistent demand for its products in both consumer and industrial sectors. The company's strategic initiatives aim to further solidify its market position and drive long-term growth.
For more information, visit Compass Minerals.
Compass Minerals (NYSE: CMP) announced its participation in the BMO Chemicals Conference on May 18, 2023, in New York City. The event will feature one-on-one meetings with Jamie Standen, the chief commercial officer. Presentation materials will be accessible via the investor relations section of the Compass Minerals website at the event's commencement.
The company is known for providing essential minerals, including salt products for winter safety, plant nutrition solutions for sustainable agriculture, and is working on a lithium brine resource for the North American battery market. With nearly 2,000 employees, the company operates 12 facilities across the U.S., Canada, and the U.K.
Compass Minerals (NYSE: CMP) is set to release its fiscal 2023 second-quarter results on May 9, 2023, post-market close. The company's CEO, Kevin Crutchfield, along with CFO, Lorin Crenshaw, will hold a conference call on May 10, 2023, at 9:30 a.m. ET to discuss the results. The conference call can be accessed through a webcast at investors.compassminerals.com or by dialing 1-888-550-5768 (internationally 1-646-960-0469). Compass Minerals, operating 12 facilities across North America and the U.K., provides essential minerals including salt products for winter safety and plant nutrition products to enhance crop yield. The company is also developing a sustainable lithium brine resource to meet North American battery market needs.
Compass Minerals (NYSE: CMP) will attend the Loop Capital Markets 2023 Investor Conference on March 13, 2023. The event includes virtual one-on-one meetings with key executives Lorin Crenshaw, CFO, and Ryan Bartlett, SVP of lithium commercial and technology. Presentation materials will be accessible via the company’s investor relations webpage. Compass Minerals focuses on providing essential minerals, including salt products for winter safety and plant nutrition products for sustainable agriculture. The company is also developing a sustainable lithium brine resource to support North America's battery market.
Compass Minerals (NYSE: CMP), a global leader in essential minerals, will participate in the BMO Global Metals, Mining & Critical Minerals Conference on February 27-28, 2023. The event will feature one-on-one meetings with Ryan Bartlett, senior vice president of lithium commercial and technology. Updated presentation materials will be available on the company’s investor relations website.
The company focuses on providing salt products for safe winter roadways and plant nutrition products to enhance crop quality. Additionally, Compass Minerals is developing a sustainable lithium brine resource to cater to the North American battery market.
Compass Minerals (NYSE: CMP) has announced a quarterly cash dividend of $0.15 per share to be paid on March 20, 2023. Shareholders of record as of March 10, 2023 will receive this dividend. The company specializes in providing essential minerals, including salt products for winter road safety and agricultural plant nutrition products. Additionally, Compass Minerals is developing a sustainable lithium brine resource and is a minority owner of Fortress North America, focused on fire retardants. The company operates 12 facilities across the U.S., Canada, and the U.K., employing nearly 2,000 people.
Compass Minerals (NYSE: CMP) reported mixed fiscal 2023 Q1 results, with consolidated revenue growing 6% year-over-year to $352.4 million, driven by strong Salt pricing and volumes. Operating earnings reached $27.9 million, up 37% from Q1 2022, while adjusted EBITDA rose 6% to $61.8 million. The Salt business saw a 12% revenue increase, but Plant Nutrition revenue dropped 24% due to weak demand and high costs. The company closed a $252 million strategic equity placement with Koch Minerals for lithium development, further strengthening its financial position. Updated 2023 guidance reflects challenges in the Plant Nutrition segment due to market conditions.
Compass Minerals (NYSE: CMP) is set to release its fiscal 2023 first-quarter results on February 7, 2023, after market close. The company's president and CEO, Kevin Crutchfield, along with CFO Lorin Crenshaw, will discuss these results during a conference call on February 8, 2023, at 9:30 a.m. ET. The call will be accessible via webcast on the company’s investor relations website or by phone. Compass Minerals operates globally, providing essential minerals for various applications, including road safety and agriculture, and is developing lithium resources for the North American battery market.
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