Intrepid Potash, Inc. reports developments for a U.S. mineral producer focused on potash, Trio® specialty fertilizer, and related potassium, magnesium, sulfur, and salt products. The company is the only U.S. producer of muriate of potash and produces minerals through three solar solution potash facilities and one conventional underground Trio® mine.
Recurring news covers quarterly results, fertilizer pricing and sales volumes, potash and Trio® production, operating costs, capital spending, mine and cavern projects, asset portfolio actions, and lithium recovery work tied to byproduct brine at the Wendover, Utah potash facility.
Intrepid Potash (NYSE: IPI) reported Q1 2026 continuing operations: sales $98.7M, net income $6.9M ($0.52 diluted), adjusted net income $8.2M ($0.62), and adjusted EBITDA $19.0M. Combined potash and Trio® sales were 211k tons. The company received $70M cash for the April 1 sale of most Intrepid South Ranch assets and reclassified oilfield solutions as discontinued operations. Cash was $99.3M and the $150M revolver had no borrowings. Management cited higher realized prices, improved Trio® margins, and operational efficiency gains driving stronger per‑ton costs.
Intrepid Potash (NYSE: IPI) will release its first quarter 2026 financial results on Wednesday, May 6, 2026 after the market closes. Management will host a conference call on Thursday, May 7, 2026 at 12:00 p.m. ET to discuss results, outlook, and take investor questions.
Dial-in numbers have changed; the call will be available via live webcast and a recording will be posted about two hours after the call and remain available for 12 months.
Intrepid Potash (NYSE:IPI) announced on April 2, 2026 the sale of the majority of assets comprising the Intrepid South Ranch for $70.0 million, which includes an $8.0 million deposit received in December 2025. The sale transfers approximately 21,793 acres of fee land, 27,858 acres of federal grazing leases, water rights, and related assets that make up most of its oilfield solutions operations.
The company said net proceeds will increase financial flexibility to invest in core potash and Trio production, accelerate decades of cash flow into a single transaction, and be largely sheltered from income taxes by deferred tax assets. Raymond James and Lewis Ringelman advised the company.
Intrepid Potash (NYSE:IPI) announced an updated Technical Report Summary confirming long-term viability of the White Silver Lithium Project, which will recover 5,000 tons/year of battery-grade lithium carbonate (>99.5% purity) from an industrial brine by-product at Intrepid's Wendover, Utah potash facility.
The design, engineering and execution are under a joint development agreement with Aquatech and Adionics; Aquatech's modular PEARL™ process is presented as the basis for capital efficiency, scalability and a long-term performance guarantee.
Intrepid Potash (NYSE:IPI) reported Q4 and full‑year 2025 results with FY sales of $298.3M, adjusted EBITDA $63.1M, and FY net income $11.2M. Cash and cash equivalents were $83.5M at year‑end with no borrowings on a $150M revolver. Trio® reached a company record 303k tons sold. Management provided 2026 guidance for higher Trio® production and first‑quarter sales ranges, and disclosed an $8.0M deposit related to a potential Intrepid South asset sale.
Capital expenditures were $30.2M in 2025 with a 2026 budget of $40–50M. Wendover lithium tests showed a 92.9% extraction rate and battery‑grade lithium carbonate production in demonstration testing.
Intrepid Potash (NYSE: IPI) will release its fourth quarter and full year 2025 results on Wednesday, March 4, 2026 after market close.
Management will host a conference call on Thursday, March 5, 2026 at 12:00 p.m. ET with toll-free and international dial-ins, a live webcast, and a replay available through March 12, 2026.
Intrepid Potash (NYSE:IPI), Aquatech, and Adionics reported successful test work converting Intrepid’s Wendover, Utah post-process brine into battery-grade lithium carbonate.
Key results include a 92.9% lithium extraction rate, lithium chloride purity >99.5%, and a final lithium carbonate product ≥99.5%. The parties continue under a Joint Development Agreement to evaluate a 5,000 metric tonne lithium extraction facility with a goal of a final investment decision in 2026, planning to leverage existing Wendover infrastructure and limit Intrepid’s capital exposure.
Summary not available.
Intrepid Potash (NYSE: IPI) will release third quarter 2025 financial results on Wednesday, November 5, 2025 after market close. Management will host a conference call on Thursday, November 6, 2025 at 12:00 p.m. ET to discuss results, operating and financial matters, and answer investor questions.
Investors may join via toll-free dial-in 1 (800) 715-9871 or international 1 (646) 307-1963 using conference ID 1179359. The call will be streamed live via webcast and a replay will be available about two hours after the call through November 13, 2025 (toll-free replay 1 (800) 770-2030; international replay 1 (609) 800-9909).
Intrepid Potash (NYSE:IPI) reported strong Q2 2025 financial results with total sales of $71.5 million and net income of $3.3 million ($0.25 per diluted share). The company achieved adjusted EBITDA of $16.4 million, representing a 75% increase year-over-year, and generated cash flow from operations of $39.9 million.
However, weather impacts and technical challenges are affecting future production. Above-average precipitation at the HB facility will reduce 1H 2026 production by 20,000 tons, while unsuccessful drilling at the AMAX Cavern will decrease 2026 production by an additional 25,000 tons. The company revised its production forecast downward for both 2025 and 2026.
As of August 1, 2025, Intrepid maintained a strong financial position with $87 million in cash and no outstanding borrowings on its $150 million credit facility.