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Intrepid Potash limits losses in Q2

By Yoke Wong
Published: Thursday, 03 August 2017

US-based Intrepid Potash has reduced its losses in Q2 by cutting cost of production and diversify its income through water rights monetisation strategy.

Fertiliser producer Intrepid potash limited its losses in Q2 by cutting the cost of production and diversifying revenue, the NYSE-listed company said on 2 August.

"Our strategy to shift to solar-only potash production and expand Trio sales paid off in the second quarter with improved potash margins and a year-over-year...

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