Industrial Minerals


Profits drop for Intrepid Potash

01 March 2010

by Mark Watts

US group’s earnings drop on lower potash prices; demand returning to pre-crisis level

Keywords: potash, fertiliser, Intrepid Potash, Carlsbad, agrichemicals

US fertiliser producer Intrepid Potash posted a 70% drop in net income for Q4 2009 to $6.7m. as potash prices plummeted from the same period the year before.

 

Sales dropped 8% to $73m. year on year, but Intrepid...