Intrepid Updates Second Quarter 2024 Outlook

Intrepid Potash Inc., Denver, Colo., announced on July 10 that it expects its second quarter 2024 potash and Trio® sales volumes to meet or exceed the upper end of its outlook, as previously announced during its first quarter 2024 earnings call on May 9, 2024 (GM May 10, p. 26).

Intrepid now expects second quarter 2024 potash sales volumes of approximately 55,000 st at an average net realized sales price of $405/st, and second quarter 2024 Trio® sales volumes of approximately 63,000 st at an average net realized sales price of $31/st. Intrepid said full-year 2024 potash production remains on track to exceed prior year results by approximately 15%.